It could be important to see 4h and/or Daily closing prices to remain above 1677 support level, which could be treated as the confirmation of the buy signal. Although Gold might start rising without any warning even from the current level. Disclaimer: The analysis presented in this article is for educational purposes only and […]
The EUR/GBP is on a current corrective down wave. This could be providing a good buying opportunity in the medium term. But considering that it is Friday, perhaps it would be best to wait until Monday opening to look for the buying opportunity. Disclaimer: The analysis presented in this article is for educational purposes […]
It will be crucial for the 4H and/or Daily closing prices to stay below the recent high at 75.76. Note, that there might be spike produced above this level, but only break above the spike will invalidate expected downside correction. Disclaimer: The analysis presented in this article is for educational purposes only and should […]
The EUR/CAD has reached the massive support area, which has been rejected once again. This might result in either a short term upswing or a trend reversal to the upside. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done […]
GBP/NZD has been trending down for quite some time, and soon this tendency can continue. Although before that, there is a final drop to be made, as long as 2.0000 resistance is holding. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This […]
The validity of the EUR/NZD downtrend is confirmed by multiple rejections of resistance indicators. This should result in more selling pressure over the next 24 hours. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on MetaTrader 4. Click […]
AUD/USD remains very bullish, with a high probability of the uptrend continuation. Any small pullback could be considered as a potential buying opportunity for the short to medium term. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered as financial advice. This analysis was done on […]
GBP/JPY formed a double top near 133.00, which is a very strong physiological resistance level, which was rejected previously several times. On the daily chart, the downtrend is still valid, and current price could be very attractive for sellers. Disclaimer: The analysis presented in this article is for educational purposes only and should not […]
The USOIL uptrend seems to have exhausted itself after rejecting 61.8% Fibs on a Daily chart. Lower lows and lower highs are now being printed, confirming the validity of the downtrend in the short to medium term. Disclaimer: The analysis presented in this article is for educational purposes only and should not be considered […]
By breaking the previous low, Gold seems to confirm further price weakness. It is unlikely that there will be any strong pullbacks after such a fast price drop in the past few hours. Therefore, any small pullbacks could be of great interest in terms of selling opportunity. Disclaimer: The analysis presented in this article […]
