Gold- Will Fed be the trigger for a new leg up? Yesterday was a very quiet day for Gold, with the price fluctuating in a tight range.With FED expected to make no move on rates, the more important is the …
Gold under a cluster of resistances In yesterday’s post, I said that my bias for Gold is still bullish, however, confirmation is needed to consider a higher low in place.Yesterday, after a double touch of 1930 short-term resistance, XauUsd consolidated …
EurJpy could lose support Since the end of February low under 140, EurJpy rose strongly, more than 2000 pips and almost touching 160 important figure.In August, the pair consolidated, and this consolidation could very well be distribution.Now the pair is …
EurUsd- I’m looking to sell rallies Since mid-July, EurUsd has entered a downtrend. The confirmation for this came with a break under the one-year-long up trend line in mid-August. After the confirmation of resistance at 1.0930 at the beginning of …
EurNzd could reach 1.9 by year’s end EurNzd is a very volatile pair and for sure is very risky to trade it in the short term, however, if you take a look at the longer picture and ignore 100+ pips …
Litecoin- Drop to 40 by year’s end, if not even sooner? After the “halving” sell the news and the false break above 100 figure, Litecoin dropped like a stone and at this moment is trading back to important 60 zone …
UsdCad- Break above resistance next? After the low from mid-July, UsdCad has started to reverse and after the small correction from last week, last Friday was also marked by an immense Bullish Engulfing from short-term support which led the pair …
Gold (XauUsd) could rise to 1980 As you may already know from my previous posts, I’m bullish Gold in the medium term. The basis for this outlook can be observed on the weekly chart. XAU/USD experienced a false downward break …
XauUsd- Don’t sell into this rally!!!!!!! Since Monday I have written that Gold is ready for a reversal and we’ll probably have a test of 1930 zone resistance.After 3 attempts of a new low blocked by bulls just under 1890, …
Bitcoin- Short term traders could look for buying opportunities In my previous Bitcoin analysis, I said that, in my opinion, Bitcoin will eventually drop under support, and this remains my idea for the medium term.However, the recent strong reversal from …