Key Resistance: 62.00 Key Support: 59.50 WTI dipped hard last week in a -12.29 move from high to low and this Sunday opened flat but the upside is capped by the 61.50 to 62.00 level which confluences with the weekly pivot. This level is also a previous key level from back in February that also […]
Key Support: 150.40 Key Resistance: 151.40 – 15180 – 152.50 The GBPJPY has been rallying hard since the beginning of December 2020 and last week we got one of the few pullbacks in this rally. Price dipped 200 pips (-1.33%) and opened lower this Sunday. Key Support: 150.40 Key Resistance: 151.40 – 15180 – 152.50 […]
Key support: 1734 Key Resistance: 1742 – 1745 – 1752 Mid Term View We continue to look for longs in Gold as the mid term structure keeps printing higher highs and higher lows. From the lows back in March 08 around 1675 1H Chart Analysis After making a new higher high yesterday, price dipped back […]
Key Support: 0.7150 Key Resistance: 0.7200 – 0.7260 Mid Term View The NZDUSD has been trading inside of a range since the beginning of the year but this doesn’t mean there are not opportunities here. 1H Chart Analysis Price is trading around the weekly pivot and right now it’s retesting for the 4th time this […]
Key Support: 151.30 Key Resistance: 151.80 – 152.50 Long Term View The GJ is in a massive bullish run breaking through level after level without any really deep pullback. Even though we are at the top of the move this long setup is really clean 1H Chart Analysis The Downside here is capped by the […]
Key Support: 1727 – 1723 Key Resistance: 1743 – 1755 Mid Term View Gold is bullish and has been for a while, even when we saw the big pullback from all time highs to 1675. After that bottom, Gold has been trading inside a very structure bullish move. 30M Chart Analysis After today´s dip from […]
Key Support: 0.7796 Key Resistance: 0.7850 – 0.7900 Mid Term View The AUD has rallied 14.6% against the USD from the lows printed in October 2020, then it pulled back 4.80% from the highs in February 2021 to retest the 0.7650 level. The long term view here is bullish. 1H Chart Analysis Yesterday the AUDUSD […]
Key Support: 1.1910 Key Resistance: 1.1940 – 1.1970 – 1.1990 Mid Term View The EURUSD has been falling for the past 3 weeks, about 3.36% (410 pips), but last week we saw a bottom at the test of the 1.1820 level. Now that price is trading above the 1.1910 (which confluences with the weekly pivot), […]
Key Resistance: 1.2570 Key Support: 1.2520 There`s no need for long term view on this trade other that we are trend following here on a massive bearish market. 15M Chart Analysis Pretty simple and slam dunk day trade on the USDCAD here if price breaks with the immediate structure (bull flag) Price has rallied to […]
