I will buy XAUUSD because : It has been taking support at the trend line . It has touched the trend line 4 times and has not been able to break it. So will be looking at buying opportunities. Entry : 1897 Target : 1915 Stop loss : 1892.94
The daily is turning up against the March lows at 18178. The 4 hour right side is up against the 6/15/2020 lows at 24430. The 1 hour is turning up against 26394. While it shows it will remain above there the index can extend higher toward 30500 in the cycle up from the March lows. Sell @27680-760 TP: 26200 SL: 27880 Good luck !
3rd wave has started in GJ. We can expect the target for 3rd wave at least equal to the wave 1.
RSI DIVERGENCE + STRONG RESISTANCE ZONE CAN TEST 1.168
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (1.5670). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . EURCAD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
The larger correction against 2009 lows is proposed complete at 8249 on 3/16/2020 where the daily and 4 hour are turning up. The 1 hour is turning down against 13462 to correct the cycle from the March wave ((2)) lows. While it shows it will remain above there the index can can see new highs toward 14000 in the cycle up from the March lows. SELL DAX...
The daily is turning up against the March 2020 lows at 1.1412. The 4 hour is turning down against 1.3485. The 1 hour right side is down against 1.2866 to correct the cycle from the March 2020 lows. While it shows it will remain above there later it can see another swing higher to correct the cycle lower from the 2018 highs at 1.4384. BUY...
EUR USD has given Rounding BD on 15m chart. Trade as per Price Action. SL level marked with Red Cross ( Closing Basis. ) If downside persists then can touch app 1.1570.
Trading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.6925). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . CADCHF is in a uptrend and the continuation of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic...
the daily right side is down against 156.78. The 4-hour right side is up with a bullish sequence against 131.71. While above 138.20 where the hourly right side is up with a bullish sequence it can see a swing higher toward 147.38 before ending the cycle up from the March lows Sell @140.90-141.10 TP: 140.10 Sl: 141.33 Good luck !
Analysis mentioned on the chart.
Analysis mentioned on the chart. As long as the support holds , the pair should move up for a corrective move as wave 2 .
GBPUSD - It's one of the rarest days we are witnessing today, I suggest you to trade with small lots. My approach at this point of time in GBPUSD will be a short sell at current price 1.28500 Potential target 1.27680 Maintain stop loss at 1.29000 Traders, if you liked this idea hit the like button & write in the comment section. Why you should follow this...
GOLD - Looking strong at this point of time on bigger time frame as well, My approach should be a buy here at current price 1969 Potential upside 1990-2004 Maintain Stop loss around 1958 Follow the levels properly as mentioned and use proper risk management. Traders, if you liked this idea hit the like button & write in the comment section. Why you should...
analysis mentioned on the chart.
analysis mentioned on the chart.