After a run from 1275 figure to 1550. Gold corrected and consolidated. We belive we will assist to a next leg up above 1550. A close above 1500 will confirm this scenario
NzdCad found strong support around 0.8250 and formed a double bottom. The neckline of the pattern is lying around 0.8450. A break here would expose 0.86, the measured target for the double bottom, with a stop @ 0.85 zone
AudChf broke the trend line resistance and now is just under the horizontal line resistance lying around 0.68. A break here could expose 0.6950
EurNzd broke rising wedge support. A close under this line will expose 0.72, rising wedge target
EurNzd has formed a rising wedge formation in the last months of trading. A top could be in place confirmed by a break of the rising trend line support. 1.71 and 1.70 could be targets.
As said a few days ago, we expect EurJpy to break 120.00 resistance. Now the pair is trading well above this psychological level that can become support. We are trying to buy around 120 for a target of 123.00
0.67000 is a very strong base for AudUsd. The pair is trading above short term resistance at 0.68 and could run towards psychological 0.7 level in the next few days.
NzdUsd found strong support at 0.6250. Today it cleared the first resistance at 0.6350 and could run around 0.65 figure in the next few days.
GbpUsd rose 600 pips in the last 10 days. The uptrend looks clear and 1.27 figure could be strong support. We are trying to buy around this zone with 1.3 figure as target
EurUsd broke the descending trend line and is trading upwards. Buy dips under 1.11 for a 1.12 target could be a good strategy
NzdUsd found a strong base around 0.6200. We believe that the medium-term trend is changed and we are heading towards 0.6500 figure.
EurUsd broke the descending trend line of the channel that contained the pair in the last 4 months. We believe that the near term trend is changing and we can see the pair moving towards 1.12 figure
EURAUD put a double Pin Bar formation in resistance, it could drop till the first support at 1.6250 followed by 1.6100
Gold is making higher lows from 2016 and it looks like will broke resistance soon. On the long run, 1500 could be the target.
After a false break, EurNzd tried to break resistance, again, and failed, again. I favor shorts towards 1.69 area
EurUsd broke the wedge resistance and is consolidating above 1.1250. If the price stays above this support we can expect 1.14000 in the near future.