Get started

Forextuitions

GBPJPY Signal of the day The 4 Hour is turning up against 126.50 low from 8/11/2019. The cycle from there in wave (A) ended at 148.07 . While above 140.81 a bounce to correct the cycle lower from there can develop. While below the 148.07 highs another swing lower in wave (B) to correct the cycle up from the 8/11/2019 lows can be seen. While above there expect the pair higher again. Shor term trade. Sell GBPJPY @143.10-25 target: 142.20-141.90 Stop loss: 143.60 Good Luck !
Short
by Forextuitions
GOLD Short Term Analysis - Bearish Trend Gold pair moved higher but still remained in trading range after holding support level on Tuesday.Stronger than expected US home sales buoyed the dollar, which continued to move higher on Wednesday. As technically the Gold trading in the range of 1260 to 1285.00,Prices appear to be forming a bear flag pattern after breaking down last week below support near the 1,284 level. Short term near resistance level 1282 and another upward sloping trend line 1284. We can see one more fall from 1280 to 1284 to test 1260/1250. Short @ 1281 TGT: 1270/1262 SL: 1286.00 Gud luck !
FOREXCOM:XAUUSDShort
by Forextuitions
USDCAD Technical AnalysisUSDCAD the pair has been bounced with the bullish trend, Currently the pair trading below the Daily Resistance level @1.3379 with the lastest 4hr resistance @1.3390, The pair holding a bullish pattern , we can see a short term sell before rally to test support @ 1.3320/1.3300 , However we keep a bullish bias (targeting USDCAD 1.36 by year-end) in light of longer-lived negative factors persisting, as the housing market remains a drag on construction, and household consumption growth is limited by debt service ratios reaching a record high.” keep eyeing on Fundamental data CPI and Core Retail Sales Data. Short term Sell @1.3365/75 Tgt: 1.3315 Sl: 1.3399 Good Luck !
Short
by Forextuitions