I can see gold pushing higher to retest the resistance zone of 1343.00 failing to break this we can look for a short position to our previous consolidation zone of 1320.00 from here we will might push a little higher and drop to our support zone 2 @ 1288/1280. I will be keeping an eye on this pair over the next two weeks. Its setting up to be a great reward.
Not 100% where the price will go with this pair at the moment. We have high impact news tonight 10:30pm (sydney) until then staying vigilant. Price will retest at 1.34450, depending on the news either push higher towards the previous high at 1.35095 or start descending making a new in almost over 1 Month. I will wait for a clear breakout on either support zone or...
A very similar situation to EUR/NZD. We have not seen these lows since Jan 19. If price can break 0.69306 we will see a further push to 0.70500. Again a very good long swing setup.
The last time we saw the same price for this pair was jan '19 its been failing to break 1.7170 after trying twice in 5 months. Its a simple trade setup for a short. Pulling back for a retest around the 1.70680 region and maybe dropping further. I will evaluate this pair again at the end of the week also monitoring it tomorrow as we have high impact news with the...