The 4-hour is turning down against 1.9927 high seen on 3/19/2020. 1-hour is turning up against 1.7153 low. Near-term, while dips stay above 1.7153 low, expect pair to extend higher to correct cycle from 6/11/2020 peak as a flat before downside resume. Short term trade EURNZD LONG @1.7360-40 TP: 1.7480 SL: 1.7310 Good luck !
the 4 hour right side is down with a bearish sequence against 1.1557. The 1 hour is turning up against 1.1252. While above there expect the pair sees another high in the cycle from the March lows before a turn lower again. Long EURUSD @1.1300-1280 Target: 1.1420 SL: 1.1250 good luck !
The 4 hour is turning up against 3/09/2020 low (101.19). 1 hour is turning down against 107.46 high. Near-term, while bounces fail below 107.46 high and more importantly below 109.85 high expect pair to extend lower to correct the cycle from 3/09/2020 low in 7 or 11 swings before upside resume. Sell USDJPY @108.10-55 Target: 105.00 SL: 109.50 Good luck
Hi traders, Wish you for the profitable week ahead, Last week the pair touches the yearly high of 1778, and from the technical perspective Gold will looks to go downwards it seems, it reaches the resistance area of 1777 and this pair has formed a RISING WEDGE PATTERN during the period of june month, this pattern shapes the Gold's July fate.. lets wait and watch...