strong bearish pressure waiting for confirmation of next candle before taking trade.
going to be looking for sells at the current level, rejected this level twice already.
We have previously been expecting gold to return to the old range 1682 to 1744 mark after a long uptrend, however, I believe we may now be in a new range between 1794 to 1814, 1794 being the new support level.
after a 2 year downtrend, I believe this is now returning to former highs. we have broken the trendline and are now seeing a return to the upside.
Thoughts on this peeps USD is strong JPY is weak chance for a few pips before bed????
Usd is super strong today looking for this drop throughout the day.
never traded this pair before, however looking at it its a little less volatile than gold usd. Using fib ill be looking for a potential sell on this one. Waiting for the 21 ema and lips of the alligator to form a crest before returning to the downside.
Going to be looking for a short here once we move out of the period of consolidation, cannot see this recovering to the upside yet especially as its approaching being overbought.
Will be watching this one closely, currently in a large period od consolidation after a big push up back in February. Will look to take a short when the price tops out
2 possible options here so will wait for now and see where the market moves, 1st option is a long to next fib level or higher. 2nd option is a continuation of the downtrend to way below 30 rsi to the lower fib level before eventually returning upwards. Definitely 1 to watch
Will be looking long on this pair, there is potential for a drop to the lower fib level 1.66063, however, looking at the trend line I can't see that happening.
Looking for a long on this once its oversold. Will look for it to return to the previous resistance level 1.27805