Here I present the the technical forecast for GOLD below 1990.00 support level I will be looking for sell position targeting 1940.00 level. And for long position I will be looking for breakout of level 1940 level and the target will be around 2140.00 level. Gold has broken the Trendline presenting a short term medium downtrend and trading below the SMA.
US30 trading in a range and I will be waiting for a breakout for both sides of the rectangle pattern which is now in play.
The Index is currently trading in an uptrend parallel channel, and momentum also indicate that the bulls are still in control of the market, so the interesting thing is are we going to see a pullback to level around 16500.00 level for us to get into the trade or the index will still go up. A deep pullback to around 16000.00 will still provide good entry levels...
Today is NFP and anything can happen, but according to my analytics that am using, which is universal to everyone, PRICE , PRICE MOVEMENTS , I would like to see a pullback to a Fib level 61.8 which perfectly fit with the previous resistance which is about to turn into Support if the level Holds. If not then I will be buying at the support level, why? Because...
Here I explain my forecast for Nas100,: For short position I will be looking for break of the support and a clear retest and find entry, and my target for short position will be 15560.0 level. For Long position , I am more interested on how market will react on the current support level, taking into consideration momentum, price action patterns and...
Here is what am looking forward for AUDUSD, For Short position , I will wait for price to break 0.65500 key level and wait for a clear re-test and sell until 0.65300 For Long position , I will wait for price to break 0.66000 key level and wait for a clear re-test with some confirmation and buy until 0.66200.
Here I Present My view on how US30 might end up playing out. Cleary am looking for more deep retracement but if the Index provide clear rejection am going long, I will be looking for buys only because of the strong last week price action.
Germany 40 index now in a range. My game plan is to wait for a clear break.
Bullish QM pattern; 1Formation of HH and LL. 2The last price low will act as left shoulder level. 3.After a higher high, the price will retrace to the left shoulder level and then it will continue bullish trend. Note that everything can happen know one knows exactly what is going to happen.
Here is the update on the S&P 500 folks we continue to see a down trendline respected very well, the question is how far will the S&P 500 go for the last month of the Year? According to some folks say we might have a SANTA RALLY based on history while some argue that " No Santa Rally, Stocks could soon retest their low". The bottom line is no one knows what...
Marked monthly key zones on the dollar index. looking for bounces and how the dollar might trade this month of December. Note that the dollar index is very key important indicator when trading.
The question for now is that, is the US stock indices still in a down trend or we might start becoming more bullish?
AUDCHF analysis, Are going to see a market breaking the resistance zone or will respect that? We all don't know what really is going to happen but history says the market has been respect that zone more often but we will see let the market take control.
Where to go in USDCHF???Let the market guide you..!!!!
Here is my EURNZD analysis folks. Will see how market will play out during the week. Are the BULLS still in control or BEARS are taking control?
Here is the USDJPY technical analysis..Lets see how market will play