Market_Wizzard

Market_Wizzard Updated 

Hi guys, EUR came down with a run to 1,0930 from 1,1065 within a couple of hours. Fast buys back on increased volumes around this important Support Level (1,0930) signals for the quick LONG opportunity on 1H timeframe. Trade Signal Buy at 1,0950 Target: 1,1025 Stop at 1,0920 Risk/Reward: 2.5:1 Yours, Market WIzzard

Market_Wizzard

The terminal triangle pattern is being formed on Platinum with the final E point at 790 level. Supported by stronger fundamentals (e.g., higher planned demand for 2019), the metal is expected to bounce in the upward direction. The upward reversal mid-term cycle is expected to start next month with the length of around 12 months.

Market_Wizzard

After making a second high in the forming upward channel, the correction to 200 EMA took place. The reversed U shape of the volume structure signaled the correction stop around 200 EMA as supported by the whole array of daily tails. Wheat is set to move upwards to the new price territory in the area of 6.00.