PipsEarner

PipsEarner Updated 

In a week packed with news concerning most of the majors, the British Pound might look for possible gains towards 1.22500 which also happens to be the 61.8 fibo retracement of the recent leg where the price could either face resistance and continue its downtrend wave or it could breakthrough to the upside and aim towards 1.23333.

PipsEarner

XAUUSD has been trading on fundamentals for the past 2 weeks and we've had all our targets taken starting from 1950.50 to 1980.00 a resistance level which was successfully broken earlier today. We've bagged about a solid 300pip move to the upside in profits and now the pair looks to advance towards 2000.00. Chances are extremely high that if this market...

PipsEarner Updated 

Gold has been abiding a downside channel quiet strongly since early May of the year. However the pair was fueled to make constant higher highs since the beginning of October and that channel was recently violated when the pair broke structure resistance at 1910.000 to find support and is now heading towards 1950.000 which indicates the next possible resistance level.

PipsEarner Updated 

The Aussie Dollar stepped on 0.628846 and found major support to trade high towards 0.63947 which is the 61.8 fibo retracement of its previous leg. This 0.63947 has potential to be the next resistance zone which the price is aiming for. From there, the fundamental news shall determine whether the market will break the resistance or continue its downtrend in the long term.

PipsEarner

British Pound had tested the 182.814 and found resistance at that level which happened to be the 61.8 fibo retracement of its previous downtrend leg. However, the pair has already made a higher low and the price seems to be breaking that structure as the Pound grows stronger against the Japanese Yen. If that happens, the pair will make new higher highs and trade...