USD Index- new leg up? Usd Index found a clear bottom on 92 zone and the first leg up followed that drove the index to 93.50-94.00 resistance zone .Now the index corrected some of this first up-leg and, in my opinion, more …
Bitcoin- time to sell? In my previous BtcUsd analysis I said that bitcoin can rise to 11k zone from 10k bottom.Now the price is just into this zone…With a confluence resistance given by ascending trendline and horizontal level, I expect a new leg down …
Gold- 1940 is last line of defense for bulls: If you’ve read my analysis from the past week or so, you noticed that I became bearish Gold .I explained the reasons in my previous analyzes ( check related ideas).Gold does not disappoint me and …
GbpUsd- 1.3 is my target for correction: After finding a strong ceiling at 1.35 zone, GbpUsd fell like a rock smashing 1.3 support like nothing.The pair finally found support at 1.2750, market but former support and resistance in the past and an inverted hammer on Friday …
Gold outlook: I was a Gold bull since 1300 and well before “corona” crisis. Now though, I become more and more bearish with each day.The first sign for me that Gold is done with its bull run was on September 1st when the up break above …
EurUsd- Medium-term trade with 1:5 R:R: As I expected, EurUsd reversed from 1.1750 support and is now trading above 1.18 at 1.1830 at the time of writingMy outlook remains bearish for this pair and I consider this rebound a good opportunity to buy USD …
AudChf- I expect a new leg down: AudChf found a clear top in 0.67 zone and after an initial drop to 0.66 the pair confirmed yesterday 0.67 as strong resistance and a steep drop fallowed.My initial 0.66 target was reached and now the pair is …
EurUsd- A break of 1.1750 could lead to a steep correction As I said in my previous EurUsd analysis, the pair found a top on 1.2 zone and we can expect a correction.We already have this correction and my 1.17 target is …
EurJpy- 124 can be the target for this week 127 is strong resistance for EurJpy , marked by a bearish Pin Bar .Now the pair is heavy and also is trading under trend line support.A clear break of 125.30 would expose 124.00 important support in the …
Do you know what’s more important than winning in trading? It is knowing exactly why you actually won. Why? So that you can do it constantly. Needless to say it is equally important to know why you lost when you lost. The successful …