RSI above over bought. Stochastic over bought. Euro: Euro area in recession which make it bearish. Aud: Factors that affect Aud bullish are, Interest rate differentials,Commodity prices, Purchasing power parity,Government credit ratings and Sentiment with speculation. March 3rd, 2020 Aud cash rate, Building Approve and RBA Rate Statement which will make it more...
EURGBP is down on RSI and Stochastic level. Expecting hold it’s resistance, since low volatility. Took entry below 0.90 level near mid Bollinger Brand (BB). Up trend seem exhausted and could break below mid BB to support zones expect. So think and believe major move to down trend is coming. My entry was 0.8960 with stop loss 0.9131 and probable target 0.87 and...
GBPUSD has dropped to the bollinger brand (BB) and also little downside from here. I expect go long above nearby resistance. GBP is heavily oversold so think a major upside rally to unfold for correct the bearish extreme. My entry was 1.25 with Stop Loss 1.2360 and target will be 1.30 to 1.3179.
Gold up due trade war uncertainty between two powerful economic areas Market cut 50 bps. Commercial heavily bearish in Advance COT charts. My entry was 1417.30 with stop loss 1446.51 and probable target 1325 then 1290.
EURUSD down on the RSI and Stochastic level and also broken down mid Bollinger Brand (BB) near 1300. I think and believe it will go more down as the dollar getting strong after NFP. My entry was 1.1360 with tight Stop Loss 1.1421 and possible target 1.08 and then 1.0460 sentimentally.