Can we see price falling and making new lower lows this year? currently Brexit is unbiased on the deal decision with euro. Waiting for the final result and if price goes above the resistance then we will be taking long opportunity otherwise staying short on it as long as price is laying below
GBPAUD has rejected well from the resistance region and also had breakout of major Daily bullish trendline. Looking shorts only on this pair.
EURJPY has retested the resistance region and rejection well. Looking for this trade to go our way
We are much more keen for a upside break, we have CAD interest rate hike too which Could give us confirmation that whether the price is going to confirm for upside or make a one more leg down before heading up, Overall weekly Bias Bullish!
GBPJPY has broken the consolidation to the downside and retested it, and now in bear trend!
In the Technical breakdown we can see that the gold was ranging in the range of 1185-1210 which was acting as a great barrier for the gold spot but last week Friday Dollar index shown weakness and likely to go more bearish in the next upcoming week so this caused a breakout of the range and also above the bearish weekly trendline which confirms that price is...
EURJPY On weekly Time-frame has already broken above 130.000 resistance zone which is currently acting as a support, This week is important for this pair, we are looking into it on Lower time frame if price break and give confirmation below 130.800 which is holding firm support since last then we can see it going to 130.000 and from that point we will be taking a...
We look it go bearish after breakout or enter now with proper Risk management
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Pound vs Swiss France pair took the Bearish momentum after the breakout of Bullish Trend at the end of May month and then it retraced and started New Lows and Since that time this pair is in bearish Momentum. Currently, we can notice that price has touched the trendline third time and laying at the very interesting level of resistance 1.28000 plus 61.8 Fibonacci...
EURO vs DOLLAR 1.18000 Resistance held firm and Euro fell badly in the final days of Last Week on and on Friday Dollar took massive strength and Euro plunged and closed above 1.16 level. Personally, Waiting for it to make new lower high because it has broken below the Daily Bullish Trendline and we could Sell it then to 1.154 Strong Support. Further will be...
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GBPAUD has made new Highs in the bearish short term trend and now likely to make new Lows. If you find this analysis Useful then like and comment