MicWoodsFX

MicWoodsFX

just now BXY INDEX - Some gaps that needs cover before we see GU price start uptrending again.

MicWoodsFX

Price should start going up now.

MicWoodsFX Updated 

Based on my analysing and theory, GBPUSD price is expected to raise to 1.42 for back testing on 1D timeframe. (I plan to make my second entry on 61% on 4h timeframe) also i am planning to short from 1.425 I use all SMA and EMA, Pivot Point, MACD, RSI and chart pattern to support my analysing and of course the news as well :).

MicWoodsFX

I assume price will continue fall till around 1.382 area before we see price will start to climb up again, more likely it will go back up to 1.42 for 1D timeframe retesting.

MicWoodsFX

Based on my analysing and theory, i am expected to see GU price to go up at least 1.40 area (1.42 most likely) for retesting before we see long term downtrend. The weekly key level should breakout in next couple of months time. if GBP index is still showing strong and of course DXY (USD INDEX) weaken too.

MicWoodsFX

This is my personal view and based my theory too, it may be fake breakout so i would wait for price action before making any entry, So far i assume we should see retest on the support level If you liked our ideas, please support us with your likes 👍 and comments.

MicWoodsFX

Based on my analysis and theory, I assume price will start to climb when it get down to the 61% fib area and support level, Going up back to the resistance weekly key level Trade at your own risk, This is my personal view.

MicWoodsFX

I can see price to start fall from weekly key level (resistance) i assume it will go back up soon to complete the retesting the weekly resistance level before we see bearish. this is my personal view. Trade at your own risk If you liked our ideas, please support us with your likes 👍 and comments.

MicWoodsFX

This is my personal view and based on my analysis and startegy, I can see price start to fall from the resistance level also BXY RSI is currently overbought on all timeframe also has many gap to cover, GJ RSI is currently overbrought as well so assume this will start to fall soon. Trade at your own risk If you liked our ideas, please support us with your likes 👍...

MicWoodsFX

Based on my analysis and theory, I am expecting price will start to fall. Trade at your own risk If you liked our ideas, please support us with your likes 👍 and comments.

MicWoodsFX

Based on my analysis and theory, I am expecting price will start to fall. Trade at your own risk If you liked our ideas, please support us with your likes 👍 and comments.

MicWoodsFX

This is my personal view, XAUUSD price is mot likely to fall this week.

MicWoodsFX

We can see a clear double top on DXY chart on 1D timeframe, Will the DXY to breakout the support level or is it still strong enough to create the triple top?

MicWoodsFX

Is Resistance level strong enough to keep price to fall? We will see how this one play this week. This might be good opportunity.

MicWoodsFX

Can see the support level is quite strong for a while, it has been tapping few times so the support level can become more weaken? There is 2 ways either the price will break the resistance level or the support level, Wait for the price action to make entry. Trade at your own risk.

MicWoodsFX

Trading Signal - I can see GBPUSD price will start to fall to the support level to complete the retest, Wait for price action before making entry long. I can see GBPUSD price will go up to 1.425 area - Weekly Resistance Level Trade at your own risk If you liked our ideas, please support us with your likes 👍 and comments.

MicWoodsFX

This is my personal view, If the BXY price is still showing strong uptrend then i assume GBPAUD price will start to climb up. Trade at your own risk.

MicWoodsFX

Based on my analysis, I am expecting to see price to start rise after a clear retest along with the 2 support levels, I believe the price will start climbing toward 1.425 area to meet the weekly resistance level.