MULTIDIMENSIONALTRADER

MULTIDIMENSIONALTRADER

DXY has been moving up in an ascending channel Here is the analysis we posted back on 10th October. DXY is generally bullish this time of the year and we are expecting the price to target the 95.100 zone in the coming week. However with another US $1.75 trillion infrastructure bill passed, this could cause dollar weakness. The weekly chart has a bullish...

MULTIDIMENSIONALTRADER

Gold closed really bullish on Friday and could continue its bullish momentum next week. Gold is likely to open with a gap and close the 1821 void. We could see the price targeting 1838(we have highlighted this level on our previous analysis)to 1850 Zone. With another US $1.75 trillion infrastructure bill passed, this could cause dollar weakness, leading to a...

MULTIDIMENSIONALTRADER

Gold has dropped significantly today pre FOMC. We can see that gold is currently bearish and moving in a descending channel. We captured the ride down from 1792.00 to 1760.00 earlier today, Now we are waiting for a retracement back to the 1778-85 area for re-entries. Please check out our previous analysis.

MULTIDIMENSIONALTRADER

Gold has broken out of the Ascending channel and Trendline. On the H4 chart, we can now see a descending channel. The current range is 1810 - 1770. Our bias is bearish on Gold unless we see Gold push above 1806-1810. We are targeting 1750,1720,1707 in the coming weeks.

MULTIDIMENSIONALTRADER

Looking for a correction on NZDJPY. We can see a clear trendline break and shift in market structure. looking to take a Short position from a retracement.

MULTIDIMENSIONALTRADER

Looking to take a long position on NZDUSD upon a retest of the descending wedge.

MULTIDIMENSIONALTRADER

Looking for a correction on EURAUD. Watch for the Trend line break and shift in the market structure before taking a long position. Price could go lower into the Liquidity Zone. A clear break of the Trend line and an entry on retest will be the safest entry.

MULTIDIMENSIONALTRADER

Looking for a correction on CADJPY. Watch for the Trend line break and shift in the market structure before taking an entry. Price could go higher into the Liquidity Zone. A clear break of the Trend line and an entry on retest will be the safest entry.

MULTIDIMENSIONALTRADER

Looking for a correction on AUDUSD. Watch for the Trendline break and shift in the market structure before taking an entry. Price could go higher to 62% retracement level on the FIB. Before we see a correction.

MULTIDIMENSIONALTRADER

We are expecting Gold to find resistance around the 1793-95 area. Levels are on the chart.

MULTIDIMENSIONALTRADER

Gold on a higher time frame is moving inside a Pennant formation and is close to the apex . The next major move in Gold will be a breakout of the pennant pattern and the expectation is to break out to the upside. However, this could take many weeks of sideways movement before we see a breakout. Seasonally Gold is bearish from November until mid-December when...

MULTIDIMENSIONALTRADER

XAUUSD outlook On the Weekly and Daily chart, it's possible that Gold is forming an inverse Head and Shoulders pattern. Currently, the price is forming the right shoulder and is raising slowly within an ascending channel. If the price continues rising within the channel this will add further confirmation for the H&S pattern. However, the pattern can also be...

MULTIDIMENSIONALTRADER

EURCHF has reached a discount level and we can expect a retracement back to 1.0800 zone.

MULTIDIMENSIONALTRADER

Looking to take a short on CADCHF. Price has reached a resistance zone and broken below the trendline.

MULTIDIMENSIONALTRADER

Looking to take a short on GBPJPY . Price has reached a resistance zone and broken below the trendline. We can expect a pullback to the 153.00 zone.

MULTIDIMENSIONALTRADER

Looking to take a short on NZDJPY. Price has reached a resistance zone and broken below the trendline. We can expect a pullback to the 78.500 zones.

MULTIDIMENSIONALTRADER

AUDJPY has found resistance is now pulling back. Short Positions look good.

MULTIDIMENSIONALTRADER

GBPJPY has broken below the trendline. The shorts look good.