We are slightly on the upside for the moment for the pair. The pressure is upwards, and overcoming 18648 GANN resistance is likely to happen, is my personal view. The Fisher Form is positive, but others are yet to confirm the move. Strategy (if wished for) BUY current 1.8615-1.8635 and take profit near 1.8725 for now. Personally, would prefer to sit it out,...
The pair is in negative mode, and indicators support to see likely lower levels. FIB retracement 1.8342 should attract is my personal view. Strategy SELL or ADD @ 1.8560-1.8590 range and take profit near 1.8357 for now.
The pair has started to become under pressure, and I feel we may see a move lower to regression channel support area 1.2827 in the coming sessions. Strategy SELL @ 1.2970-1.2990 when seen and take profit @ 1.2837 for now.
The pair is slowly showing negative movement, and we are witnessing MACD going into RED. We are still overbought. I see good chance to see a test of 2.0200 short-term. Strategy SELL @ 2.0560-2.0600 and take profit near 2.0287 for now.
I am not very convinced that we will turnaround as yet. The issue being, longer-term charts showing still negativity for the pair for 6-hourly and beyond. The 3-hourly chart seems to have some positive indicators, and its oversold slightly. That is why am a careful BUY, and prefer neutral stance. 1. Strategy BUY @ 18.0750-18.1150 and take profit near 18.2750 2....
The overall picture is still higher and a test of $ 2,980 is expected. The short-term picture suggest we are slight overbought, but the earlier SELL levels executed, should have careful SELL additions (maintaining low leverage). I think we may see the touching of $ 3,000 for market to test this level. the GANN structure shows we are supported and also the...
The pair has been near 101.50 area lows, and recovered strongly again. As stated earlier updates, low's we cannot predict, but we can see overall careful adding to the positions managing to get improved averages overall, and constantly manage it effectively. For now, the pair seems to position itself into more positive territory, i.e., stochastic, fisher form and...
GOLD is now starting to become overbought, and it is at a reasonable high level RSI. The key is to remain below $ 3,023 and if not, we may see $ 3,075 test first before down. Strategy is therefore, SELL current and add when higher with low leverage. Strategy SELL @ $ 3,020 - 3,030 and take profit @ $ 2,967 for now.
I am inclined to see the pair a bit lower. Most indicators are still negative, and we have room until 17.8500 area main support area. I am not suggesting we go that fare, but there is little more room to test 18.0000 - 17.9500 area before recovery I think. Strategy is suggested SELL @ 18.13509-18.1650 and take profit near 17.9850-18.0100 area.
The pair is under pressure and broken below a triangle formation, and we are trading below the cloud cover as well. Strategy SELL @ 1.4360-1.4380 and take profit near 1.4267 for now.
the pair is as mentioned in previous updates on its way towards 2.0240 area. The pressure is on, and indicators all are in unison for lower levels to be seen, is my viewpoint. Strategy SELL or ADD @ 2.0380-2.0410 area and take profit near 2.0260 for now.
We have some supporting evidence to see lower levels for the pair as indicate with my previous issued BUY strategy around 18.1000- 18.1350. However, I wish to note, that the decline can be a little larger based on KAGI chart. We clearly have broken below 18.3150 and outside the support of the triangle or APEX. Strategy SELL @ 18.1650-18.2150 and take profit near...
We are a little negative on the line break, and further, we are negative MACD and AO. Strategy SELL @ $ 2,990 - 3,010 and take profit near $ 2,940-2,950 area.
The pair is under pressure and judging Fisher Form, we may see a little weakness more. The reason for BUY is that USDX and the AO and others not shown, show potential for recovery and overall we will likely see a return to 18.5500 area. Strategy BUY @ 18.1000-18.1350 and take profit near 18.4950.
It feels we may see further downward movement, as we are still above regression channel, and MACD is negative and a high RSI still. Strategy SELL @ 22,500-22,750 and take profit near 21,450 for now.
The pair is trading in the lower band of the channel, and feels may go lower. However, based on the technical picture, we are still in BUY mode, and as mentioned yesterday, it is in a large range, and I remain neutral BUY since I have no clear green light to go ahead with being long. Strategy for those willing: BUY @ 18.2350-18.2850 and take profit near 18.4150...
The pair remains very overbought, and considering most indicators, the pair has the potential to move back towards 1.8300 short-term. Strategy SELL or ADD @ 1.8660-1.8700 and take profit near 1.8367 for now.
The pair is way overbought for the right reasons, but as they always say, whatever goes up, must come down. RSI is extreme, and on shorter time frames, we have some red block starting to appear. Strategy SELL current @ 1.8650-1.8700 and take profit near 1.8197 for now.