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 …
XauUsd is flirting with 1900. My target remains 1930 though As I explained on Monday and yesterday, in my opinion, Gold will reverse and rise to test the 1930 resistance zone.My opinion remains the same and after yesterday’s price action …
NzdJpy could test 90 zone Since the beginning of July, NzdJpy is pretty choppy, with spikes up and down.However, the trend is still up, and with a very weak JPY we can expect a new leg up.Also, yesterday the price …
Bitcoin could rebound, but I’m not optimistic at all After almost 2 months of consolidation, Bitcoin dropped hard last week breaking under the channel’s trend line support.In my opinion, this break is very important and signals a top of around …
XauUsd could correct to the upside In my Friday comment, I said that XauUsd is contained in a descending channel and the first notable support is the confluence support from the 1850 zone.However, looking at a shorter time frame we …