USOIL is increased last week as US increased it's interest rate. I believe that USOIL will continue grow to 116.20. Furthermore USOIL is obeying it's trend line and taking support on it.
As I described in the picture, there there is two supply zone and from both zone Gold may fall more. Better to watch supply zone for better entery.
If trend line breakout strongly and gives holding above it then it will boost more to new high.
As we all knows that US Dollar Currency Index is getting stronger as America again considering to increase the interest rate. If it happened then we can see more fall in GBPUSD.
Japanese yen is still weak and I believe that this pair will continue grow to make new high.
As US Dollar getting stronger day by day due to the voice of increasing interest rate again, we can assume that USDCHF will be more bullish.
As we all knows that US Dollar Currency Index is getting stronger as America again considering to increase the interest rate. If it happened then we can see more fall in EURUSD.
On H4 we can see clearly rejection on it. I believe it will fall more.
On H4 chart, gold was rejected from the major resistance zone and also rejected from EMA50, which is giving strong indication of further downtrend. Better to see sell opportunity.
Now market hold its support on Demand zone. Now from the current market price, we can assume a bull run to 1916 and then more up. Better to look buying opportunity on it with today low stop loss.
On D1 chart, GBPCHF made Bearish Engulf Candle which is giving strong indication of downside. Furthermore on Friday GBP fell badly and I think this journey will continue to next week.
As we can see that AUDJPY strongly breakout its trend line and now moving downside. I believe that this journey may be continue.
GBPJPY taking support on its trend line. If H4 candle give its closing above the Doji candles then take buy opportunity on it.
If H4 candle closed above the previous candle "Doji" then take buy opportunity on it.
If H4 candle closed below the previous Doji candle, then take sell opportunity on it. Trade at your own risk.
As we all knows that on Friday GBP fell badly and I believe its journey will continue to the next coming week. Better to look sell opportunity on it if Monday candle shows bearish trend.
This pair moved unpredictable to upside. Now on Friday it loose its upper side momentum. Now if Monday candle closed in Bearish candle then we can see more bearish pressure on it.
It is better to look buying opportunity on it till it is above the trend line.