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 …
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 …
UsdChf- Bullish in short term, bearish in medium term. What to do? UsdChf is in a bearish trend for quite some time and recently broke under very important 0.88 zone support.After reaching a low at 0.8550. Here the pair found …
As the financial markets gear up for an eventful week, there is one precious metal that’s poised to take center stage: Gold. With the macroeconomic landscape painting a less-than-rosy picture for the US Dollar and several crucial factors on the …
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GbpUsd- Bulls held their ground In my yesterday’s GbpUsd comment, I said that 1.24 is very important at this moment and a break of this level could lead to further losses, even to 1.2.The market took a short dive under …
EurUsd could drop to 1.05 On Friday’s EurUsd market commentary, I’ve written that the 1.0750-1.0760 zone is strong resistance for the pair and a break above could lead to gains towards 1.0850 and to a change of medium-term downtrend.The pair, …
A very important resistance for #EurUsd Two days ago I’ve written that EurUsd could be ready to reverse to the upside, but for confirmation, we need a break of 1.0750 zone resistance.The pair took a dive under 1.07 at first, …
NzdCad- Large flag could lead to 1k pips gain After it found the bottom at 0.76 back in October ’22, NzdCad has started to rise and with the 0.83 break it also confirmed the reversal to an up trend.The high …