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📰 BREAKING Moderna's COVID vaccine shows 94.5% efficacy 💌 Moderna Inc. announced on Monday that the interim research of its COVID-19 vaccine candidate showed that the shot is estimated to be 94.5% effective in preventing the disease. 📮 More to come shortly... 📈 This was the reason for the shock in the market especially for the Yen and Gold being safe haven assets

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There are two solid possibilities i see on gold 1. On the H4 we could likely have an ABC correction with the third wave dragging price down to 1850. 2. We could bounce up from here straight up to make new long term highs. A. The first narration is supported by the success of the covid vaccines which is currently in its last stage of trials, it will likely have...

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Hey traders, share your thoughts on what you think about the EUR-AUD will it be a reversed heads and soulders or trend will continue bearish

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🌼 Currently running trade, our analysis here is based on the breakout below 1.20300 in line with our ABC Elliot waves correction, as the brexit uncertainties continues and the surge in covid cases we expect the sterling to drop further below 1.18000 price level again which sits on the trend support. 💭 In attached chart you could see the trend breakout and elliot...

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Hey traders, here we find GBP-CAD failed to break above our 3 -months resistance, and now correcting back to trend support. We expect a possible 100-200 pips drop as brexit and surge in covid cases continues

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Hey traders, here in this chart we compare bitcoin current chart pattern with the time of 2016/2017, here we find bitcoin breaking out from major resistance one. All things being the same as the parity in price action is about 90% same we expect to see bitcoin hitting the likeliness of $30,000/BTC this year and possible $100,000 by 2021.

niclaxfx Updated 

📊 GOLD CHART ANALYSIS 🌼 Here we see gold failed to break newly found resistance above 1890 which appears to be the 38.2 fibo retracement level, and as the New York Market opens we expect higher gains on the Dollar as the bulls takes on the market. 💭 In the attached chart we show the correlation between DXY the dollar on the left and Gold on the right....

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Hey traders, gold failed to break resistance and poised for further decline as the NY market opens

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Hey Traders, Here we see the Aussie like the cable poised for further decline as the bear takes on a bearish breakout below channel support @0.73000, In lieu with our DXY chart we expect heavier market movement upon NY opens in few hours.

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📊 GBP-USD CHART ANALYSIS 🌼 Here we see the cable poised for further decline as the bear takes on a bearish breakout below channel support @1.8000. 💭 In lieu with our DXY chart we expect heavier market movement upon NY opens in few hours. 💚Regards The NFX Team™️

niclaxfx

Hey Traders, Here we review the dollar returning from support to a corrective bullish trend, we expect the current momentum to propel the dollar to about 93.00 on the DXY index. Recent news about the ramdesir covid vaccine seems to put the market in ecstacy

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Hi traders, quickly we take a look at DXY after recent promising covid vaccine, market seem to be on a three wave pattern on the elliot ABC. What do you think Could the King Dollar be back

niclaxfx Updated 

Hey Traders, here we analyze USD-CAD after the NFP report: 🌼 Currently running trade, our analysis here is based on the breakout below the bearish consolidation penant inline with our NFP report of which we expecting a wave completion below 1.3000 price support levels 💭 In attached chart you could see the chart comparison in H4 TF and H1 TF both looking...

niclaxfx Updated 

📊 EUR-USD CHART ANALYSIS 🌼 Currently running trade, our analysis here is based on the currency correlation and wave analysis, in this chart we compared the market movement of the DXY weighed against the basket of 6 majors and EUR-USD pair on the H4 and H1 TF, on the H4 we can see the EUR is currently around the 4-weeks trend support of which we expect a trend...

niclaxfx

Hey Traders, heres a quick setup for a 100pip EUR/AUD buy trade. Let me know what you think in comment

niclaxfx

🌼 Well well well, while we all have been busy with the election polls😂 looks like bitcoin been stylishly taking us some unaware photos📸. 📈 New highs of $15,000 have been made and this brings back to the wall street market cycle. ⌛️ Only this time the question is: 💭 WHERE ARE WE RIGHT NOW⁉️ 💭As it turns out when we compare the market cycle to our present day...

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