День: 22.05.2017

[ad_1] Short Silver towards 14.40 Technical Observation: Recently, silver broke out  below 18.16 on 2nd October 2017, retraced to it twice but is currently on the lower side, Unless this level is clearly breached to the upper side, I expect to continue short towards 14.40. On the weekly chart above, sell positions seems more ideal and can be recommended towards […]

[ad_1] EURUSD — Up Technical Observation: Recently EUR has been rising but is currently approaching a key resistance line 1.1448. I expect a possible breakout above this resistance line and then a retracement to the just broken line to re-buy EUR towards 1.2766. Any rejection from 1.1448 will mean a bearish reversal; this being the case, I expect an move […]

[ad_1] GBPUSD — Flat Technical Observation: Recently GBP entered into an ascending channel and is still rallying within it. While this pair remains within this channel, I only look for potential reversal places to buy or sell depending on the direction of the reversal, a clear breakout will call for breakout trading. On the 4 Hour chart above, I expect […]

[ad_1] USDJPY — Down Technical Observation: Recently, USD breakout below a previous buy place 111.60. Now that the price is below it, I expect the line to act as a sell place unless it’s breached to the upper side with a big red candle, but as it is, sell positions seems more ideal and safer towards 109.73. On the 4 […]

[ad_1] Gold weekly Review Wave Analysis: As previously forecasted, gold markets traded on the higher ranges and is still pretty much bullish both on the monthly and weekly charts.We expect the support line 1212.86 to have marked the end of the corrective wave (b) that the current upward rally is the unfolding of the impulsive wave (c) to the upper […]

[ad_1] EURUSD — Up Wave Analysis: For almost euro has been rising incessantly and is still bullish on the higher time frames. The current chart set up and structure is very much bullish therefore selling of holding onto sell positions in this pair may not be recommended. With that in mind, we expect a possible bullish price movements towards 1.1296 […]