he united state dollar trading below parity against Swiss franc at 0.88 zone, the Swiss National Bank recently cut interest rates by 50 basis points, instead of 25 as anticipated. this week fundamental analysis could Favour and support the dollar index get on track, our target is parity on the bullish rally
EURAUD on weekly time frame we can see the drop of EURAUD from 2.014 zone on the exchange market to trade at 1.65 zone, EURO monetary policies should be blamed as Australian dollars gets stronger across all window. Our long confirmation will be on the break of descending trendline where we look to go long on bullish impulse from the current demand floor that have...
British pounds will see a strong rejection on the descending trendline,if the structure is broken we will hold to our 7day bullish leg impulse and go higher......go moon on break of structure.
GOLD ON patience we are winning tomorrow after confirmation.i will watch how price approach 2680-2679 level
GOLD FINAL CHART ,we at shavyfxhub will wait for demand floor touch and buy as gold is still bullish on daily timeframe.
BITCOIN bullish potential is not showing signs of slowing down anytime soon,on daily price broke daily resistance structure and attempting to bridge 106k high ,if rally continues btc could hit 119k. i want to see the close of the week for better clarity on buy high and fly higher
patients is key and critical, allow Monday pass bye and start gold trading on Tuesday for clear directional bias. on technical we have sell impulse leg ,which proves aggressive sell order at 2726-2721. at 2730 and 32 price might start buying which will invalidate sell projection. keep off come and come back Tuesday
silver , i will wait on the retest of the broken descending trendline for buy opportunity where i will look for more confluence and confirmation for a buy.
GOLD next buy idea will be into the next descending trendline,if we don't have any fundamental analysis this demand floor will hold price and buy at 2625-2630
GOLD will continue to drop until it comes to retest a strong support floor and another descending trendline. break below that level will continue to sink price ,but support at that level will push price up to recover from day losses.
GOLD ,we have a breakout from the descending trendline connecting 2789-2788 to 2721.on structure retest is open and as well on the demand floor of the ascending trendline opening a 2650-2658 for buy and extreme buy will be 2640-2645. Goodluck
GOLD on our previous post ,we outlined the 2721 supply roof as price rejected that level but found support at 2675 and could be retesting or drop and break 2780.break and close 2780 go short
AUDCHF is bearish on higher time frame on fundamental SNB’s Gov Schlegel says SNB Does Not Like Negative Interest Rates AND snp policy rate falls by 0.5% on technical AUD SHOULD KEEP BUYING
BITCOIN on poor CPI (Consumer price index) brought liquidity to keep track on its 100k zone, but on technical price rest on supply roof which awaits ppi(producers price index, core ppi, unemployment figure .they will fuel or correct the current rally for the digital currency. GOLD on technical is challenged by 2726-2720,if broken again go long with hope to test 2738-2746.
BY 2;30PM we expect core PPI and PPI m/m and unemployment claims. the federal reserve team heads will meet on rate decision market is cautious on today fundamental data print, how will the green back react??
THE technical structure of GOLD is bullish on daily as buyers on poor cpi data print broke 2700 and challenged by 2721 ,on technical i want a break of strcuture of this level to tap into 2754-2738 for a 100-200pip drop.
THE technical structure of GOLD is bullish on daily as buyers on poor cpi data print broke 2700 and challenged by 2721 ,on technical i want a break of strcuture of this level to tap into 2754-2738 for a 100-200pip drop.
Australia employment change will by 1;30am and unemployment rate ,volatility is expected . to trade EURAUD perfectly we will need data report from AUD for directional bias. on technical high unemployment data print will vindicate my buy zone to keep euraud on bullish path.