Category: Analysis

EURUSD Buy EURUSD at any price between 1.1738 until 1.1715 EURUSD Analysis EURUSD is standing at the support area in the daily timeframe chart. In the 4-hour timeframe, EURUSD is bouncing back from the lower low level of the minor descending channel. Target 1: 1.1788 Target 2: 1.1865 Target 3: 1.1940 Stop Loss: 1.1655 If you are looking for a reliable broker to scalp, with discounted commission rates, we recommend IC Markets Australia. We have arranged a 21% real-time commission discount for their MT4 platform, or 8% real-time commission discount for cTrader. Simply sign up for an account using this link. Use our promo code (Partner ... Read more

EURUSD Buy EURUSD at any price between 1.1738 until 1.1715 EURUSD Analysis EURUSD is standing at the support area in the daily timeframe chart. In the 4-hour timeframe, EURUSD is bouncing back from the lower low level of the minor descending channel. Target 1: 1.1788 Target 2: 1.1865 Target 3: 1.1940 Stop Loss: 1.1655 If you are looking for a reliable broker to scalp, with discounted commission rates, we recommend IC Markets Australia. We have arranged a 21% real-time commission discount for their MT4 platform, or 8% real-time commission discount for cTrader. Simply sign up for an account using this link. Use our promo code (Partner ... Read more

EURAUD Sell EURAUD at any price between 1.6010 until 1.6035 EURAUD Analysis : EURAUD has broken the bottom of the Ascending channel, retested the broken level and starts to fall now. Target 1: 1.5951 Target 2: 1.5875 Target 3: 1.5795 Stop Loss: 1.6103 If you are looking for a reliable broker to scalp, with discounted commission rates, we recommend IC Markets Australia. We have arranged a 21% real-time commission discount for their MT4 platform, or 8% real-time commission discount for cTrader. Simply sign up for an account using this link. Use our promo code (Partner ID / introducing broker ID): 49727, when opening an account. If ... Read more

EURCHF has broken the higher low of uptrend line and it is trying to break the horizontal support zone without much retracements. This leads to the SL price. However In another long term view, EURCHF is standing now at the 61.8% retracement level. If the price bounces back from this zone, it will move up more if it continues to fall, it should have to break the next support areas S1, S2. If you are looking for a reliable broker to scalp, with discounted commission rates, we recommend IC Markets Australia. We have arranged a 21% real-time commission discount for their MT4 platform, ... Read more

Gold Analysis Gold has formed an Ascending triangle pattern after falling from the recent high. Wait for the confirmation of breakout from this Ascending Triangle pattern. Recently, Gold has reached the higher low level of an Uptrend line and made some consolidation at the support zone After that market starts to rise from the support zone and Gold price reached the Resistance high making +4000 points move. Now, the Gold price fall down on friday from the resistance (recent high), which leads to the formation of Ascending Triangle pattern. Gold Price Rising Gold prices elevate as Joe Biden spending plan ... Read more

Buy EURAUD at any price between 1.5715 until 1.5690 EURAUD Analysis Recently, EURAUD has broken the long waiting resistance level in an Ascending Triangle pattern. Now, market is trying to retest the broken level. In the 1-hour timeframe chart, EURAUD is near to the higher low zone of an uptrend line. Target 1: 1.5770 Target 2: 1.5850 Target 3: 1.5920 Stop Loss: 1.5630 If you are looking for a reliable broker to scalp, with discounted commission rates, we recommend IC Markets Australia. We have arranged a 21% real-time commission discount for their MT4 platform, or 8% real-time commission discount for cTrader. Simply sign ... Read more

Gold is still moving in an uptrend – Ascending channel by forming higher highs and higher lows in the 4-hour timeframe chart. Let’s wait for the breakout from this channel or else the gold price may fall from the next resistance at 1810. If you are looking for a reliable broker to scalp, with discounted commission rates, we recommend IC Markets Australia. We have arranged a 21% real-time commission discount for their MT4 platform, or 8% real-time commission discount for cTrader. Simply sign up for an account using this link. Use our promo code (Partner ID / introducing broker ID): 49727, when opening an account. If ... Read more

USDJPY has reached the higher low level of an Uptrend line in the daily timeframe chart. Buy USDJPY at any price between 108.10 until 107.83 *USDJPY Analysis* : USDJPY has reached the higher low level of an uptrend line. Expecting a bounce back from this low level. Target 1: 108.70 Target 2: 109.48 Target 3: 110.30 Stop Loss: 107.20 USDJPY is moving down for a long time without much retracement. Now, the market hits the higher low level of an uptrend line. US Dollar weakness from April month started as the Correction phase initiated by Investors because of Third-wave fears. ... Read more

USDJPY went up +2000 points after breaking this ascending channel : USDJPY has broken the Ascending channel and went up similar to USDCHF  USDJPY Analysis As per the previous week USDJPY Analysis , we recommend to our users that JPY is going to weak and USD remains strong. Now, USDJPY has broken the top level of the Ascending channel (uptrend) and went up similar to this USDCHF move. This shows that the USD remains so strong in all the assets. Japanese Yen Japanese Yen makes lower more as Vaccination will get started in mid of March and Lockdown extension or ... Read more

Gold hits the low price level of the downtrend line good to buy now? check here: Gold is moving in a downtrend by forming lower highs and lower lows in the daily time frame chart. In our last week Gold update , we recommend to our users that gold is going to reach the lower low zone (bottom) of the downtrend line. Finally, Gold hits the lower low zone of the downtrend line now. The US Dollar remains strong, so wait for the complete confirmation of reversal or breakout for entering into the gold. Gold Prices seems lower as US ... Read more