wait for a break and retest of this support level before entering any SHORT positions towards the downside
Will we see a break of this descending trendline going into next week or will the bears take control
A Bounce or a break will confirm a clear direction for AUDUSD
EURUSD has formed a inverted hammer at daily support indicating a Bullish move towards the upside
GBPUSD looks to be heading towards the downside to retest the 1.20000 region
A break of this DAILY SUPPORT will indicate a bearish move towards the downside and potentially retest WEEKLY SUPPORT. Wait for a break & retest before entering any SHORT positions.
After a very bearish week for GBPAUD i still believe there is a lot more downside to this pair as it is yet to complete the ABCD formation and touch the Fibonacci extension levels of -27.20% % -61.80%. Wait for a clear break and retest before entering any short positions!
my bias on GOLD is to the upside after we broke a mini level of resistance we should see this hold up as support and retest the top of this range which GOLD is currently in.
If GBPNZD can make a nice pull back to retest previous support now turned resistance, then we could possibly see a nice SHORT opportunity back down to retest the 2.00000 region!
After Bitcoin took a 20% decrease before the 2020 Halving, could BTC be on a bearish move to the downside?
will we see a continuation to the downside for USDJPY this week
with the DXY pushing higher these last few days we could see a lot of bearish moves amongst USD pairs
US30 is due another crash. Airline companies laying off thousands of workers and Warren Buffet getting rid of all his Airline positions is a sign for the BEARS!
break and retest of this descending trend line could see GOLD back in the 1735 region
wait for a break and retest of this ascending trend-line before entering a short position