PULEMokhothu

PULEMokhothu Updated 

GOLD CAN GO EITHER WAYS THIS WEEK LOOKING AT THE ADP NATIONAL EMPLOYMENT EVENT TOMMOROW AND ON THE 3RD WE HAVE THE UNEMPLOYMENT RATE AND THE NON-FAM PAYROLL GOLD CAN EITHER CONTINUE IN THE UPTREND CHANNEL OR WILL PUSH DOWN TO OUR PREVIOSE SUPPORT

PULEMokhothu Updated 

THE DOLLAR HAS BEEN STRONG IN THE MARKETS ON MOST PAIRS THIS WEEK BUT LOOKING AT USDJPY TECHNICALY I SEE A SELL IN THIS PAIR NOT THAT MUCH GAINS FROM THE DOLLAR.... USDJPY SELL MARKET EXCECUTION SL - RISK MANAGEMENT TP 1 - FIB 0.5 (106. 737) TP 2 - FIB 0.382 ( 105.430)

PULEMokhothu Updated 

USDZAR LOOKING AT FACTORS THAT COULD PUSH ZAR TO FIB LEVEL 1.618 (18.31117) IN THIS COMING WEEK. THE OBVIOUSE FACTOR BEING THE COVID-19, IF WE SEE A SIGNIFICANT RISE IN NEW CASES BEING CONFIRMED I FEEL ZAR WILL WEAKEN THIS COMING WEEK... RESISTANCE LEVEL 17.7008 COULD COME IN PLAY BUT FUNDAMENTALLY I DONT SEE THAT HAPPENING I THINK WE ARE BREAKING THROUGH THIS...

PULEMokhothu Updated 

XAUUSD LONG IN THE COMING WEEK, GOLD FAILED TO LAUNCH IN THE PAST WEEK AS I WAS HOPING FOR IT TO RIDE THE BULLS BUT THE SENTIMENT IS STILL THE SAME I HAVE A FEELING GOLD IS STILL TO SKY ROCKET BUT TILL THEN I SEE A POSSIBILITY OF A LONG TRADE ON GOLD MA'S SHOWING SIGNS OF MOMENTUM SHIFT TO THE UPSIDE IT MAY NOT BE A STRONG SHIFT BUT A SHIFT NONETHELESS, CCI @...

PULEMokhothu Updated 

PREVIOSE BULLISH CANDLE WAS AN FTR SO THE IDEA IS STILL ACTIVE CRUDE OIL MAY CONTINUE TO THE DOWNSIDE.. OIL HAS BEEN TOO BEARISH FOR IT JUST TO TURN AND HEAD UPSIDE IN THE MIST OF EVERYTHING HAPPENING FUNDAMENTALLY. PLAYING AROUND WITH THIS CHART I SEE TWO POSSIBLE SCENARIOS ON USOIL A RETEST OF FIB LEVEL 1.618 (27.82) OR THE CURRENT CANDLE IS SIMPLY AN FTR AND...

PULEMokhothu Updated 

COULD THE SPX 500 CONTINUE TO THE DOWN SIDE... AN ARTICLE ON INVESTING.COM READ, Geopolitical fears swept through markets, causing large swings to the downside but a raft of solid corporate earnings ensured the S&P 500 held gains to post a weekly win. President Donald Trump’s decision to cancel the planned summit with North Korea rocked markets on Thursday a day...

PULEMokhothu Updated 

BTC LOOKING AT THE SCENARIO OF A PENNANT FORMATION AND POSSIBLE CONTINUATION TO THE UPSIDE. IF WE SEE THIS POSSIBLE MOVE I'M LOOKING AT FIB LVL 0.5 (7137.95) AS TP 1 & FIB LVL 0.618 (7522.33) TP 2 RISK MANAGEMENT PERIOD - SWING TRADE 2-5 DAYS

PULEMokhothu Updated 

The Canadian dollar CAD= weakened to a four-year low against the greenback on Wednesday and according to (Reuters) - The dollar soared across the board on Wednesday, hitting multi-year highs against several major currencies, as companies and investors worried by the coronavirus outbreak rushed to the perceived safety of the U.S. currency. IF THE DOLLAR CONTINUES...

PULEMokhothu Updated 

WE ARE AT FIB LEVEL 2.618 I'M HOPING FOR A RETEST OF THE SUPPORT LEVEL 16.94161 AND PUSHING IT A BIT WITH TP2 AT FIB LEVEL 1.618 ( 16.63870) ZAR WEAKEND AHEAD OF THE INTEREST RATE DECISION AND WITH THE CIVID-19 ANYTHING CAN STILL HAPPENS SO RISK MANAGEMENT ALWAYS..... PEERIOD- 1 DAY CLOSE BY TOMORROW BEFORE MARKET CLOSE

PULEMokhothu Updated 

COULD THIS BULLISH CANDLE JUST BE AN FTR (FAILURE TO RETURN) OIL HAS BEEN TOO BEARISH FOR IT JUST TO TURN AND HEAD UPSIDE IN THE MIST OF EVERYTHING HAPPENING FUNDAMENTALLY. PLAYING AROUND WITH THIS CHART I SEE TWO POSSIBLE SCENARIOS ON USOIL A RETEST OF FIB LEVEL 1.618 (27.82) OR THE CURRENT CANDLE IS SIMPLY AN FTR AND WE ARE CONTINUING TO THE THE DOWNSIDE TO...

PULEMokhothu Updated 

COULD THE EURO BE HEADING STRAIGHT FOR FIB LEVEL 1.618 (1.05373) MOMENTUM AND A SPECTRUM OF INDICATORS SUGGEST SO MOMENTUM HAS BEEN VERY STRONG TO THE DOWNSIDE AND FIB LEVEL 1.618 IS A STRONG SUPPORT LEVEL... THE PAIR CAN RETRACE A BIT TO THE UPSIDE ON LOWER TIME FRAMES BUT I CERTAINLY SEE THIS PAIR HITTING (1.05373) BY MARKET CLOSE TOMMOROW... EURUSD SELL...

PULEMokhothu Updated 

SO THE YEN WEAKENED 1.5% to 109.76 PER DOLLAR USDJPY IS STILL ON THE RISE WITH THE BULLS I DOUBT YEN WILL STRENGTHEN THIS TECHNICALLY CONTINUATION TO THE UPSIDE STILL FAVORED USD YEN BUY PENDING ODER, OR MARKET EXECUTION WHAT EVER ENTRY YOU ARE COMFORTABLE WITH STOP LOSS RISK MANAGEMENT TP 1 SUPPORT LEVEL 110.795 TP2 FIB LEVEL 1 ( 112.272)

PULEMokhothu Updated 

GBP USD LOOKING AT TWO POSSIBLE SCENARIOS BUT FOCUSSED ON THE BEARS SIMPLY BECAUSE OF MOMENTUM TO THE DOWNSIDE AND FUNDAMENTALS THE MAIN TARGET IS FIB LEVEL 1.618 (1.09853) THERE ARE NO SIGNIFICANT SIGNS OF REVERSAL FOR ME GBPUSD SELL CURRENT PRICE/ MARKET EXECUTION PENDING ODERDS DEPENDS ON YOUR ENTRIES TP 1 - 1.1400 TP 2 - 1.12031 TP 3 - (1.09853) FIB LEVEL...

PULEMokhothu Updated 

LOOKING FOR A CORRECTION OR A RETEST OF THE PREVIOSE SUPPORT LEVEL ON THE AUDUSD AND POSSIBLY CONTINUE TO THE DOWNSIDE AUDUSD BUY TP PREVIOUSE SUPPORT LEVEL 0.60537

PULEMokhothu Updated 

LOOKING FOR CORRECTIONS AND RETEST ON THE CAD AS WELL POSSIBILITY CONTINUATION STILL POSSIBLE RISK MANAGEMENT TIGHT STOP PERIOD - DAY TRADE

PULEMokhothu Updated 

(Reuters) - Gold prices fell more than 1% on Thursday in volatile trade, as investors sought to hoard cash in unstable market conditions despite additional measures from the European Central Bank to deal with the economic fallout from the coronavirus outbreak. Spot gold XAU= slid 1.3% to $1,466.20 per ounce by 0327 GMT after rising 1% in early trade. The metal...

PULEMokhothu Updated 

(Reuters) - South Africa's rand, stocks and government bonds plunged on Monday, as fears surrounding the coronavirus outbreak roiled financial markets worldwide and cemented local economists' expectations for an interest rate cut this week. za.investing.com USDZAR LONG RISK MANAGEMENT TIGHT STOP

PULEMokhothu Updated 

By Barani Krishnan Investing.com - Oil prices tumbled anew on Monday, with global benchmark Brent sinking 12%, as recession fear from the coronavirus crisis descended on markets and consultancy IHS Markit warned of a 1.3-billion-barrel crude surplus over the next six months, the biggest ever. CONTINUE READING BELOW..... za.investing.com CRUDE OIL...