Euro against Dollar looking to go down towards the price mark of 1.20100 area, price action movement indicates the analysis,
analysis given for Education purpose only..
Euro against Dollar , is looks like in Seller control in weekly analysis ,inspite its long term bullish move..
price action analysis only for education purpose..
Gold against Dollar , expected to make a bearish move this week, in weekly chart ,last week it finishes with long tail doji bar, which indicates a bearish move on coming week strongly..
analysis for education purpose only,
I will buy AUDUSD because :
It has been taking support at the trend line .
So will be looking at buying opportunities.
Entry : 0.75318
Target : 0.7572
Stop loss : 0.752
XAUUSD, Week's last day set up, lookslike waiting for breakout, if it happens, then price might go to 1795 area...Price action will gives us the answer.
The daily is turning down against the March highs at 111.68. The 4 & 1 hour are turning up against 103.14 to correct the cycle from the May highs. While above 103.12 the pair can see strength toward 107.00 before a turn back lower.
Sell @103.85-104
TP: 103.25
SL: 104.20
Good luck !
The daily is turning down against the March highs at 111.68. The 4 hour is turning down against 106.11 October high. While below 105.34 the pair can see further weakness toward 102.50 to 102.00 before a bounce corrects the cycle from the 106.11 October highs.
LONG USDJPY
@104.50-104.20
TP: 106.00
SL: 103.80
Good luck !
If the price takes support at trendline and moves upward:
entry : 74.5
target : 74.7
If the price takes support at trendline and moves downward:
entry : 74.5
target : 74.3
I will short ETHUSD because :
It is facing a strong resistance at the trend line .
Its not been able to break that trend line .
The price is again at the resistance trend line and may fall.
If it breaks the resistance trend line then we will be looking to buy.
Entry : 369.22
First Target : 365
Second Target : 361
Stop loss : 370
