Signals for 06/07/2020

Jul 6, 2020

Hello my friends, I am back once again with some ideas for the next trading session.

EURUSD – the price tried to get a bounce from a level at 1.13. I recommend a short with a target at 1.1250. If an impulsive breakout f the level forms, though, I’d long with a target at 1.1350

GBPUSD – I recommend a long with a target at 1.2540

NZDUSD – the price is near an important resistance level, which it tried to bounce from, I’d short with a target at 0.6520

XAUUSD – I recommend you long, the price had an impulsive breakout of the consolidation it was in. Target at 1790.

Oil – I expect the price will for a reversal model at 41,60, and then go down till 40.50, so wait for the model and short.

USDCAD – the price is near an important support at 1.3520, it tried to get a bounce, I recommend a long with a target at 1.36

AMD – The price is in a resistance at 52.50, when the price holds above the level, long with a target at 55.

That’s it form me, I hope you found thins useful, have a good one.