XAU/USD has been falling in a downtrend in a falling wedge pattern just as I predicted in my pervious analysis but will soon reach a horizontal key level of 1896 so we will be expecting a bullish rebound and a further move up.
Easy long, easy money! NATGAS ended up doing exactly what I said, hope you caught on and made some money!
NZD/CAD was trading in a narrowing wedge pattern but now we are seeing a bullish breakout so I will be expecting growth.
After our last trade of GBP/USD long, we now are going to play the move back down. GBP/USD broke the rising support line and went down but now retesting it so I think we will see a pullback and a retest of the target below at around 1.265.
DAX is trading in an uptrend and the bullish bias is confirmed by the rebound we are seeing after the pair retested the rising support so I think the growth will continue
NZD/CHF is making a pullback after the retest of the broken key level of 0.535 and as the pair is in the downtrend I think that we will see a further move down next week.
We are going short on the EUR/GBP with the target of 0.859 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band. However, we should use low risk here because the 1W TF is green and gives us a counter-signal.
EUR/USD is making a bullish rebound on the 6H TF and is nearing the resistance line above while we are generally bearish biased on the pair due to our previous 1W candle analysis, thus making a trend-following short a good option for us with the target being the 1.089 level.
VIX broke out of the narrowing bullish wedge so we are now bullish biased and after the pullback and retest we are likely to see a further move up.
After the retest of the horizontal support of 1.260, it makes sense to expect a bullish correction as the GBP/USD is oversold and the market players will be taking profit from the level fueling a buying wave.
USD/CHF will soon retest a key resistance level of 0.886. So I think that the pair will make a pullback and go down to retest the demand level below at 0.872.
NZD/USD is approaching a demand level of 0.6060. We will be looking for the signs of the reversal in the trend to jump onto the bullish bandwagon just on time to get the best risk reward ratio for us.
AUD/CAD was retesting a horizontal resistance level of 0.887 while trading in a downtrend so I thought that we will see bearish continuation and we saw it!
USD/JPY Broke the key horizontal level of 142.000. On its way up then make a retest which can be seem on the lower timeframe and is going up again so I think that we will see a further move up.
EUR/JPY just retested a horizontal resistance of 158.000 which makes me locally bearish biased and I think that we will see a pullback and a move down from the level towards the target below at 156.00.
NATGAS is making a rebound from the support level of 2.42 so I think that we will see a further move up.
NI225 is going down now but a strong support level is ahead at 31,874 this I am expecting a rebound and a move up towards the target at 32.600.
EUR/CHF is trading in a downtrend below a falling resistance so I think that after the retest we will see a move down.