Brent crude oil Double top resistance setup on daily followed by medium to long term uptrend break and currently retesting. Sell towards retest of the support level below at TP1, chances of it reaching below $60 per barrel is unlikely but possible.
Gold is still moving within bearish descending trendline , current price bearish sentiment is respecting trendline techs. A highly possible bullish breakout at the end of this bearish channel is expected, wait on breakout and retest to buy from 1215-1212, towards 1265 first TP.
GU expected to maintain bearish bias on medium to long term, price has been respecting the inflow of supply near minor resistance levels channeling price to major weekly support level below the 1.30000 level. If bulls take charge which is unlikely with current strength of the US economy and woos of trade wars with China, if price finds ground above the previous...
Simple bearish engulfing close last week on weekly, the bears have this pair, daily retest of broken bearish channel pattern, long term sell for months to come ?...
Expecting gold to make its way back above 1330 on the midst of trade war technically it is due for correction to the upside. We look to go long on break and retest of 1265.
UJ expected to fall towards a major inner weekly ascending trendline towards 106 price range, the trade war will drive the fundamental factors towards strengthening JPY. Long term Short
SHORT TERM TO MEDIUM TERM SHORT , PRICE AT SENSITIVE WEEKLY RESISTANCE PRESENT HEAD & SHOULDER H4, SELL ON BREAK AND RETEST OF NECKLINE FOR SHORT TERM , PRICE EXPECTED TO MAKE A BULLISH RETEST OF DAILY OUTER DOWNTREND TOWARDS THE 1.29 PRICE RANGE AGAIN FOR RETEST OF ASCENDING UPTREND.
AU short from retest of descending trendline , price rejection met on the major weekly uptrend We look to get on short to medium term sell positions for now, until further directional bias is given by market regarding long term positions. Short/Medium term = Short positions Long term = Neutral