ohitsZoya

ohitsZoya

AUD/USD closed the week at 0.8024, The structure shows that it is likely to continue higher. I will see if it can give us a double bottam on a lower time frame chart (1h) around 0.8005 area to enter for a long position. (There are 9 events this week ).

ohitsZoya

EUR/USD was initially pressured to the downside but then reached new highs in another volatile week. I expect continuation higher toward 1.1564 area initially. The round level of 1.15 has a psychological impact and it did work as a support in past. If the support holds around 1.1290/1310 area i will prefer buying the pair.

ohitsZoya

Well as we can see 1220 was some what important for Gold in the past so lets see if it can break above or if it will give us a pull back here back to 1196 area.

ohitsZoya

Overbought RSI and its hitting the top of my channel so i think its a good opportunity to take a short here.

ohitsZoya

GBPUSD is falling sharply in the past few days, I expect it to find more sellers around 1.52/53 area. So untill the next govt is stabilized gbpusd can continue to see some weakness.

ohitsZoya

I expect another leg down from US Dollar Index where i will be buying dollar but lets see how DXY wants to play it out.

ohitsZoya

I expect a bounce from audusd taking it to 0.7936 area before continuing the trend where we will have a opportunity to short it.

ohitsZoya

I believe we will get a bounce here from fib 0.382 level to give us another opportunity to enter short around 1.53. Anyway do your own thing i am sure all of you know how to set your targets for divergance :D. Bearish Hidden Divergence occurs during a reaction in a down trend when the oscillator makes a lower low while the price action does not as it is in a...

ohitsZoya

EW Strategy

ohitsZoya

If this line breaks i will be looking to short it & my target will be around 1.32, Check linked idea for a short term opportunity.