ThemasterFxIdea

ThemasterFxIdea

EURGBP may rise 33 - 49 pips Our preference The upside prevails as long as 0.8503 is support. Alternative scenario The downside breakout of 0.8503 would call for 0.8478 and 0.8463. Comment The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving...

ThemasterFxIdea

GBPJPY may fall 152 - 199 pips Our preference The downside prevails as long as 161.60 is resistance. Alternative scenario Above 161.60, look for 162.41 and 162.89. Comment The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average...

ThemasterFxIdea

EURUSD may rise 39 - 79 pips Our preference Long positions above 1.0580 with targets at 1.0640 & 1.0680 in extension. Alternative scenario Below 1.0580 look for further downside with 1.0555 & 1.0530 as targets. Comment Technically the RSI is above its neutrality area at 50.

ThemasterFxIdea

Gold may rise to 1910 - 1920 Our preference Long positions above 1883.00 with targets at 1910.00 & 1920.00 in extension. Alternative scenario Below 1883.00 look for further downside with 1876.00 & 1869.00 as targets.

ThemasterFxIdea

GBPJPY may rise to 170.17 - 173.55 Our preference As long as 158.04 is support look for 173.55. Alternative scenario Below 158.04, expect 152.40 and 149.04. Comment The RSI is above 50. The MACD is below its signal line and positive. The pair could retrace. Moreover, the pair is trading under its 20 period moving average (163.76) but above its 50 period moving...

ThemasterFxIdea

NZDCHF may fall to 0.6042 - 0.6120 Our preference The downside prevails as long as 0.6433 is resistance. Alternative scenario The upside breakout of 0.6433, would call for 0.6565 and 0.6644. Comment The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both...

ThemasterFxIdea

NZDCAD may fall to 0.7981 - 0.8073 Our preference The downside prevails as long as 0.8435 is resistance. Alternative scenario Above 0.8435, look for 0.8591 and 0.8683. Comment The RSI is trading below 30. This could mean that either the pair is in a lasting downtrend or just oversold and that therefore a rebound could shape (look for bullish divergence in this...

ThemasterFxIdea

Dax may fall to 13330.00 - 13720.00 Our preference Short positions below 14600.00 with targets at 13720.00 & 13330.00 in extension. Alternative scenario Above 14600.00 look for further upside with 15070.00 & 15740.00 as targets. Comment As long as the resistance at 14600.00 is not surpassed, the risk of the break below 13720.00 remains high.

ThemasterFxIdea

Bitcoin / USD may fall to 33000 - 36000 Our preference Short positions below 41500 with targets at 36000 & 33000 in extension. Alternative scenario Above 41500 look for further upside with 45000 & 48000 as targets. Comment The RSI lacks upward momentum. Also, the price has broken below a bullish channel lower boundary.

ThemasterFxIdea

GBP/JPY may rise 96 - 142 pips Our preference The upside prevails as long as 162.39 is support. Alternative scenario Below 162.39, expect 161.62 and 161.17. Comment The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving...

ThemasterFxIdea

NZD/USD may rise 38 - 54 pips Our preference The upside prevails as long as 0.6501 is support. Alternative scenario The downside breakout of 0.6501 would call for 0.6473 and 0.6457. Comment The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving...

ThemasterFxIdea

Crude Oil (WTI) may rise to 103.50 - 104.65 Our preference Long positions above 101.50 with targets at 103.50 & 104.65 in extension. Alternative scenario Below 101.50 look for further downside with 99.80 & 98.70 as targets. Comment The break above 101.50 is a positive signal that has opened a path to 103.50.

ThemasterFxIdea

Gold may fall to 1865.00 - 1872.00 Pivot point 1892.00 Our preference Short positions below 1892.00 with targets at 1872.00 & 1865.00 in extension. Alternative scenario Above 1892.00 look for further upside with 1903.00 & 1911.00 as targets. Comment As long as 1892.00 is resistance, look for choppy price action with a bearish bias.

ThemasterFxIdea

Dow Jones may fall to 34060 - 34350 Pivot point is 34955 Our preference Short positions below 34955 with targets at 34350 & 34060 in extension. Stop loss at 34955 Comment Technically the RSI is below its neutrality area at 50.

ThemasterFxIdea

NZD/USD may rise 39 - 56 pips Our pivot point stands at 0.6979. Our preference The upside prevails as long as 0.6979 is support. Alternative scenario The downside breakout of 0.6979 would call for 0.6950 and 0.6933. Comment The RSI is trading above 70. This could mean that either the pair is in a lasting uptrend or just overbought and that therefore a...

ThemasterFxIdea

NZD/JPY may rise 45 - 66 pips Our pivot point is at 85.70. Our preference The upside prevails as long as 85.70 is support. Alternative scenario The downside breakout of 85.70 would call for 85.35 and 85.15. Comment The RSI is above 70. It could mean either that the pair is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish...

ThemasterFxIdea

GBP/JPY may rise 101 - 146 pips Our pivot point stands at 160.63. Our preference The upside prevails as long as 160.63 is support. Alternative scenario Below 160.63, expect 159.86 and 159.41. Comment The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period...

ThemasterFxIdea

FTSE 100 may rise to 7618.00 - 7690.00 Pivot 7318.00 Our preference Long positions above 7318.00 with targets at 7618.00 & 7690.00 in extension. Alternative scenario Below 7318.00 look for further downside with 7190.00 & 7065.00 as targets. Comment The RSI is mixed and calls for caution. Supports and resistances 7814.00 ** 7690.00 ** 7618.00 ** 7543.30...