supported by EMA-10 and in the forming of an triangle pattern long position entry at around 1.1197 level SL: 1.193 TP: 1.2015
influenced by Brexit, during euro session, gbp dumped --> EURGBP pulled up over 0.91 level and then dropped down to now 0.9070 level. 0.9070 now is the support, once price breaks below this level, then 0.9020 is the next. if 0.9070 holds well, then but at this level, target 0.9113 - 0.9125
as showed in the chart short term trade: looking for an opportunity to sell in the resistance zone of 1520-1523 TP: 1508 DL: 1525/1526
price has broken through the support of the triangle = 1.64 Looking for an entry when it retest 1.64 Short term target = 1.625 Long term target = 1.603 ( there is an uptrend since 3/12/2018 from 1.536/1.537, 1.603 = support of the uptrend)
lower highs and negative fundamental effect Short term trade when candlestick finish by this hour, if it's red, then short EURUSD near 1.1220 SL: 1.1240 TP: 1.1190, then 1.1160
XAUUSD is going sideways of 1488 - 1510, but showing lower lows and highs recently. short at around 1507 - 1509 TP = 1500, then 1490 SL = 1512 Short term trade.
1495-1500 resistance zone in weekly chart will it retrace to 1400 again?
The price once hit 0.98 level in December 2008, and on this Wednesday, it was rejected by 0.9190 which plotted the third points of the downtrend since December 2008. Strong sell for me. As for short term strategy, I will seek opportunity to sell at around 0.9130, as there is a sideways trend between 0.9095 and 0.9135.
although the Fed chairman Powell stated hawkish stance, technically, 1400 still is a valid support. see XAUUSD goes sideway in the range of 1400 - 1430/1433. Buy at around 1400, 1st tg 1418, then 1425, then 1430/1433
AUDUSD is in the forming of downtrend from 0.7390 - 0.7400. on the other hand, AUDUSD is going up now since it found support at 0.6830. In short term, see support at 0.6960, which is the support of upward trend line. When the support be validated, price would go up test long term downtrend line resistance - 0.7060, IMO.
although price is still in upward trend, it was rejected by 1452 and heading down. following my previous gold post, 1408 is my short term target.
like said in the chart, 1434/1435 is very important if the price plunged under this support, then 1408 is the mid-term target if the price was supported by this level, then 1452 - prev high would be tested again. Main trend is Upward. As for short term, it will be better not trade gold.
Prices broke shoer-term downtrend resistance; double bottom pattern done. Now rejected by Fibo 61.8 = 1.2344-1.2347 price went down test 1.23 level. long if price found support in the range of 1.2280 - 1.23
The gold is in the forming of triangle. price tested 1430, and been rejected. see short term support at 1417/1418 support of the triangle sits at 1403-1406. short term trade for me, I will seek a short position around 1430. target: 1403-1406
GBPUSD is in the forming of downtrend. But it just hit channel support 1.268. See 1.266 - 1.268 as the support zone. Once it confirm validation of support zone, 1.267 will be on the way. It is worth to buy around 1.25