Mentioned some key areas for EURUSD and I believe there would be a reversal if a rejection is shown by EURUSD at lower level. Keep it simple and trade with clear minds.
I believe there is a qml structure forming on pair eurusd. If it breaks the support area as mentioned and shows a rejection at marked area, it would be a sell trend the pair. But given the facts do your own analysis first and then enter the market.
There is a huge possibility of GBPUSD going down. According to the chart, it is making lower lows and hope so it will come back to test the support and even break previous nearest support and go deep. If you agree hit the thumbs up and leave a comment about what you think.
Looking at the charts drawing the important areas, it is now critical to say where is gold heading to next. But one can take a chance and depend on this chart on the basis of one's understanding. I'm just here to share my views not directing anyone to make sell or buy. Have a good day.
Look at the strong areas and have a close look at its movement. I just do it in simple way making my support and resistance and then taking a close look at its trend. I think its going bearish as it has again tested the strong resistance area. If you agree and my analysis convinced you, you should do it and share it with me also after making something. I do not...
I hope that XAUUSD will again do short and test 1785 if it breaks the 200 SMA. Fingers crossed for gold to come back from 1785 and go higher till 1843. If you agree give it a big thumbs up and leave a cool comment.
GBPAUD chart analysis
The analysis is based on basic resistance and support areas. GBPAUD tested the resistance and is now coming back to test the support area. Till then see you!
