selfishman

selfishman

Gold has made a long run to surpass the $2000 USD again and is about to retrace in short term. In my opinion, the support level around $2020 is the target for the drop.

selfishman

EURUSD is expected to reach 1.106 after overcoming the resistance area at 1.094. In the opposite case, the uptrend is only confirmed to end if the pair falls below the level of 1.085.

selfishman

USOIL is moving in a triangle pattern and could bounce from around 75 to the upside with a target of 82. What are your thoughts on this?

selfishman

Greetings, community members! The GBP/USD exchange rate has seen a rise to around 1.255 due to the British Pound gaining strength following the release of positive UK economic data. However, the pair has retraced from its recent high, a typical correction in the market. As of the latest update, the price stands at 1.253 and is potentially exposed to further...

selfishman

On November 23, the GBP/JPY pair underwent a bearish shift, marking a pause in its recent short-term rally around 187. The current trading position is below 186.5, and its trajectory for the day is closely tied to the performance of the British Pound, notably influenced by PMI news. Meanwhile, the Bank of Japan's observance of a public holiday has tempered the...

selfishman

Greetings, fellow traders. Following the upward surge observed since late September, the EUR/CAD pair is now undergoing a corrective phase. As of the current moment, the price is situated below the psychological threshold of 1.5, signaling a diminishing sense of optimism in the overall outlook. The Canadian dollar has gained strength, attributed to a decline in...

selfishman

The Japanese Yen is stronger from last week so far. Yesterday, USDJPY has broken the support level around 149 so this pair may maintain its downtrend. The zone around 146.5 is maybe the next target.

selfishman

The support level of 1.24 of GBPUSD has been defended in the end of last week and the cable is going to rise again. The market structure of this pair is still bullish so that the chance of breaking last peak maybe occur. The round price level of 1.26 should be the next target.

selfishman

USDJPY has created 2 troughs around the support level of 150.5 with the second trough higher than the first trough. Therefore, this pair is in the process of establishing double bottom model. In my opinion, the resistance zone of 151.7-151.8 is maybe the next target.

selfishman

Yesterday, USDCHF has gone lower than the level of 0.89, thereby confirm the continuation of downtrend. In my opinion, the retest maybe occur when this pair has not gone so far from the broken zone. The area at around 0.895 is maybe the target for retracement.

selfishman

The US's CPI released yesterday has made the greenback weaker than most other currencies. This momentum maybe continue to maintain today. In my opinion, USDCAD maybe go deeper than its last trough and reach the zone around 1.361.

selfishman

EURUSD is supposed to create a harmonic pattern after 2 trading days rose back. The last peak at the zone of 1.074 - 1.076 is maybe the target to accomplish the pattern.

selfishman

UsdCad has created a pinbar at H4 timeframe and the uptrend at last week tends to be finished. In my opinion, this pair may reverse to create a short term downtrend. The support zone of 1.372 - 1.374 is maybe the next target.

selfishman

Yesterday, UsdChf has gone higher than the previous peak at around the level of 0.902. Therefore, the trend character has changed and this pair may continue to rise up. The resistance zone of around 0.908 is maybe the next target.

selfishman

CadChf has created its short term downtrend after reached the resistance of 0.66. Yesterday this pair has also broken the support level of 0.653. Therefore, the strong momentum of Chf may lead CadChf toward to the last trough zone of around 0.649 in the upcoming hours.

selfishman

Yesterday USDCAD has passed the resistance zone of 1.374 - 1.376 so this pair has established a short term uptrend. The next target is maybe at the price range of 1.383 - 1.384.

selfishman

EURCAD has made a three touch of the diagonal resistance so the short term downtrend may occur for this pair. The support level of 1.462 - 1.463 is maybe the next target.

selfishman

Last Friday, NFP has made the USD weaker so as to push GBPUSD to the moon dramatically. In my opinion, this pair is gonna to retest. The latest peak area of around 1.227 - 1.229 is maybe the target