prev support : 0.6436 resistance above: 0.6466 In H4, MACD is leveling off and crossing over the signal line. My suggestion and self position: long at 0.644, and set stoploss at 0.642, 1st target = 0.6466; 2st target = 0.65; 3rd target = 0.659
price has been supported by 0.83 level and hovering around resistance of 0.84. MACD is showing bullish divergence, and is crossing over the signal line, and is approaching the base line. My suggestion is , Buy after price breaking through resistance of 0.84 or Buy when price successfully retested support level of 0.83
Price is supported well at 0.83 level, which is the support zone of the sideways between 0.83 - 0.93. MACD made a crossover with the signal line and approaching the baseline, showing that it's losing bearish momentum. In short term, expect the price to bounce up back to 0.84 -0.841. Once price break up through 0.84 level, then 0.859-0.86 can be expected.
price was supported at 0.62 level of monthly support, but short term of price actions broke down through support of upward trendline, and were not able to break back up through 0.647. although it's losing bearish momentum, MACD is still below the baseline, as well as the signal line of course. In the near future, seek any long opportunity when price goes down to...
As illustrated in the chart, there are repeated downtrends and retracements in EURUSD. Plus the negative fundamental side affecting, this currency pair has the chance to go down test 1.077, which is also the gap down there waiting to be filled. My point is, EURUSD is going to test 1.077, and 1.107 will be the key resistance of the long term...
last Friday, the gold surged up to 1517, broke the resistance of downtrend forming since September hitting 1557, 1503 level. Although the price went back down fast from 1517 because of the easing Sino-US trade war, it closed above 1500. Previewing this week, 3 central banks would release their interest rate decisions, and the market pay mainly attention to the...
the gold has been in the triangle for a while. As the Brexit went unsmoothly, the gold is being supported well by 1480. In short term, as the uncertainty of Brexit rising up, gold price is likely to spike up test 1500, which is the 51.6% Fibo retracement from recent fall 1517 to 1473 1500 would be essential. If 1500 rejected successfully, then it would be a...
GBPJPY is in the upward trend from 117 level in year of 2011, while in the downtrend from historical peak 195 till now. as the Brexit hope rallies on Thursday 17/18/2019, the price hit the upper trail of the current trend channel 141 level. Waiting for confirmation of 141.3 to be broken through to open long positions. my bias is long.
as shown in the chart, the upward trend from 1270 has been broken, prices are hovering around 1480 support level. When 1480 fails to hold, then a big fall is expected to 1450 if 1480 worked, then 1511 may be the major resistance to be seen a risky, but worthy trade for me having jumped in is to open a long position around 1480, sl set to 1476, 1st tp set to 1500
the XAU was dumping hard from 1524 back to 1495 1501 would be the nearest contender short term bias for me: long
gold was supported at 1489 and then pumped toward key resistance 1520-1524 as mentioned in the previous post. but we can see that bears were fighting back strongly when reaching 1520-1524, resulting in a big dump to 1500 level now. support below to watch is 1498 and 1490. 1490 is more like to be reached based on the strong plunge and is really essential for...
the yellow metal has been hovering around the support of upward trendline for a while, and clearly broke the recent downtrend since 1557. for the last couple of hours, prices are doing sideways between 1489 and 1495 looking into fibo retracement from top 1557 to recent low 1484, it's very likely to retest resistance zone of 1497 to 1501 and then 1520 is a key...
last week, the gold experienced a rejection at 1557, forming a double top and then heading down towards 1500 level.1502 was the lowest price hit in last Friday and then back tested resistance 1526 - 10EMA in H1/H4/daily chart. today, this yellow metal seems weak, and had a lower low than last week- 1497.7 But as we see in daily, if price stopped heading down...
EURCHF was rejected at 1.093, retracing to 1.09 level. It's very likely to go down more because there may be forming a downtrend from 1.096. support below to watch is 1.089 - support of current triangle pattern waiting for a short opportunity after confirmation of breaking down through 1.089 support
price actions were quite weak during asian and euro sessions. Before the authority reveals the nfp, the yellow metal is hovering around 1505 support. if nfp was not worse than prediction, 1493 may be hit, which can be seen as the support of upward trendline since 1275 if nfp figures come in terrible, then gold might go straight up toward 1520
price action is quite weak during asian and euro sessions. Before the authority reveals the nfp, the yellow metal is hovering around 1505 support. if nfp was not worse than prediction, 1493 may be hit, which can be seen as the support of upward trendline since 1275 if nfp figures come in terrible, then gold might go straight up toward 1520
because of the strong us financial figure and easing global trade situation, and also brexit getting more clear, gold was rejected by 1557 and heading down. when NY session opened, price fell down so hard and hit 1506 at the lowest, BUT we can see there is a possible upward trend is forming as price supported by 1510 and now the price is near 1520. I personally...
like shown in the chart, there is a possible downtrend from 1555 in the short term as per the rocket-up to 1545 level, can we see a retrace from here?