EUR/GBP Overview Currency rate is moving in 9 — months range between 0.8686 – 0.9033 Because there is a powerful trend on USD. EUR/USD and GBP/USD are moving together last few months. The best option is to open position near Range borders. I recommend to wait when the price will reach some of them. Long I will look near 0.8686. Short I will look near 0.9000...
Gold (XAU/USD), Weekly overview 3 weeks ago I wrote that Gold will move down. You see on the chart price moving to 7- Months low $1236. It's key weekly level from which we can look for buy. At this moment I see Gold between key levels. Near $1282 I will look for short. On the chart, I see that price bounced from that level. Also, it was a support after breaking...
EUR/USD weekly overview On a weekly chart, I see that price is near weekly key buy zone. 2 years ago price bounced down from 1.1500 – 1.1550. 1 year ago price break up that key zone. After, that resistance became a Support zone. That means near such level the best is to look for buy opportunities. Also, From such zones we can take 500 – 1000 pips move up or...
USD/CAD is close to key buy zone Take a look on chart 4 months ago price bounced down from key level 1.3124, 3 weeks ago price broke up that level. That means Resistance become a Support. It calls mirror level. It is key and most powerful kind of levels on FX market. That's why I think the price will continue to move Up. The best option is to open deal near key...
US OIL weekly overview Price broke up key level $66.26 on Friday. That changed situation. For this moment it is better to look for long on PullBeaks to $66.20. As you see on chart price consolidated under key level after it broke up a key level from which price bounced many times on daily chart. It shows that big players want to move it up. I will look for...
SGD/JPY is moving to 4 - months low. I will open buy if the price will make a fake break of key buy level 79.50. Big players respect such levels because under it many traders hider their stops. Open Buy near: 79.50 S/L: 30 – 40 pips under entry point. T/P1: 82.70 T/P2: 84.10
AUD/JPY is moving to Key Buy Level 80.49 80.49 it is currently low. FX market respects such levels because most of the traders hide their stops under such levels. Most of the time Market markers move currency rate in such zone for getting enough Volume to move into another direction. I will look for buy if price will make fake broke of key level 80.49 and H1...
AUD/USD weekly overview Take a look on the chart, Price bounced before 14 — months Low. For AUD/USD it is key level 0.7329. For us, the best place to open a deal is after fake broke of 0.7329. Only after it, we will have a predictable low risk. For those who like risk deals you can open long near 0.7340 – 0.7350, S/L set under 0.7325. I think currency rate...
GBP/USD weekly overview Currency rate bounced up from key level 1.3200. Take a look on the H4 chart there we can see that price bounced several times from that key level 1.3208. On next week there can be a pullback up to key sell level 1.3460. If will move down and nearly 1.3208 will be my price action signal I will open buy. S/L: 1.3140 T/P: 1.3450 But you...
EUR/USD weekly overview Take a look at a weekly chart, the price is near key buy zone. From that level 1.1500 can start a middle - term trend up. Also, a Few days ago I wrote that price can move down to 1.1300. That scenario has a low probability for this moment. Because on Thursday (14 Jul), was a powerful move down on EUR/USD (284 pips), but what happened...
Gold (XAU/USD) Update Also, as on ''USD/SGD'', I close this deal. But there is still a powerful downtrend. Take a look on this chart as I write 2 weeks ago price bounced from big Range. At this moment I don't see any technical reason why It can change to uptrend. If the price will make a Pullbeak to Sell Level $1281.98 I will open Short. There will be the...
I closed a deal with 235 pips of profit. I did it because I currently in Italy and it's too hard to work and travel in this beautiful country at the same time. I pick traveling))) But what about USD/SGD. Currency rate at powerful uptrend. If you have an open position you can close part of it and hold another part. As for me, I will wait for PullBeak 1.3489 it...
Price broke up upward channel which has blue lines on Chart. It shows that bigs players accumulated position for Long. Because currency rate was in the Range, where MM accumulated Volume after we sew bullish reaction on it. For me the best option is to wait for PullBeak to key buy level. After 6 years in trading, I understood that the safest deals are for...
Take a look at this daily chart. Do you see that Volume is totally decreasing since April? And price slowly is moving down. On the chart, I drew the red circles from which price bounced up with big Volume. It is a keys levels for big players, because many traders hide their stops under $6000. Just imagine if you are a whale, for getting enough profit from...
USOIL weekly overview As we see on chart price bounced down from key sell zone $66 — $67. Also, 2 weeks ago OPEC announced that they increase OIL production. We have a technical and fundamental reason why it should move down. For me the best place for open Short is near $65 — $66 zone. The long-term goal is $59 P.S. Also if you take a look on all currencies...
EUR/USD weekly overview On last Friday currency rate made a fake broke of key level 1.1832 after that price moved down so powerfully. The was few reasons why it happened. If you Take a look on weekly chart you can see that trend still bearish. I wrote many times that in most cases price continue trend after short Pull Beak. Also, ECB announced their monetary...
AUD/USD Free signal Price just came to Key Sell Level. If you take a look on chart, price bounced many times from that level, also that level is a resistance of Downward channel on Daily. Sell near: 0,76500 S/L: 0.7690 T/P: 0.7490 2T/P: 0.7395
USOIL broke down key sell zone $66,40 Few day ago OPEC announced that they are increasing production of OIL. That means price can continue to move down. The best option is look for short on PullBeaks. Key place for open sell is near $66,40. Meddle — term goal could be 4 — month low $58