Key support: 1785 – 1780 Key resistance: 1795-1814 Gold long-term bullish Since the pandemic hit Gold has rallied 42.88% from low to high of the move and has retraced -15.40% from the highs to a massive key level. Buys are still in play as Central Banks keep their asset purchasing programs at all time highs […]
The US has rejected the previous KL in a fake-out of the bullish structure trapping sellers in the process. Now that price is about to break with the pennant and above the previous highs momentum could turn bullish for the rest of the week to retest the previous Key Level. Broker Benefits Min Deposit Score […]
The UJ has rejected the previous TWO week´s highs and a key bullish target, the 1.618 retracement of the first bullish leg of the move. We are looking to go short on a possible reversal. But we need a pullback to the previous broken level (105.40) Broker Benefits Min Deposit Score Visit Broker Award-winning Cryptocurrency […]
Key Resistance zone: 105.65 Key support zone: 105 – 104.410 USD/JPY Long-Term Trend: Bullish The USD/JOY has been rallying since it hit the lows at 102.60 back in January 5th 2021. We have seen a very clean 310 pip bullish move but now the pair has rejected a big resistance level (105.65) which confluences with […]
Key resistance zone: 1826 Key support zone: 1818 Mid term trend in Gold is bearish Gold keeps holding a key support level inside of a mid-term bearish structure which gives us opportunities to go short in this metal. Daily Chart Reading The short side in Gold should be in play whilst the daily highs and […]
After rallying 3.5% Gold has hit a key level and has printed a lower high. We are still trading inside a long term bearish structure. The 1845 level rejection would bring bearish pressure at the breakout of the reversal pattern Broker Benefits Min Deposit Score Visit Broker Award-winning Cryptocurrency trading platform $100 minimum deposit, FCA […]
The GU failed to break lower after an attempt last week. We took that short for 100 pips but right after the Monetary Policy Report by the BoE price surge and now is retesting back the 1.3750 level. This level is super important because price has traded below it since it broke with it for […]
The UM finished last week very bearish breaking with a mid term bullish structure after rejecting the top of a range that has capped the MXN going lower against the USD. We´re looking to short this pair at the break of Friday´s lows / Last week´s lows with a tight stop above today´s highs. Think […]
The EURJPY is trading in a bullish structure and has now pulled back to a previous key level which confluences with the 50% retracement of the entire bullish move. Hidden bullish divergence detected. Should price break with the short term structure and the highs of the no-trade-zone (126.10-126.40 range) a bullish continuation is in play […]
