A white body has formed as prices closed higher than open.
The previous 10 candlestick bars, there are 5 white candles versus 5 black candles.
The previous 50 candlestick bars, there are 32…Continue
EUR/USD Actual market levels, 1.1194, 1.1196, 1.1203, 1.1208, 1.1218, 1.1230, 1.1235, 1.1237, 1.1239 and 1.1315. Actual ranges: 1.1283 - 1.1178. Significance of 1.1315, nothing yet unless 1.1283 breaks. However, most important break…Continue
EURUSD: Risk Builds On 1.1096 Level
EURUSD: With EUR breaking down out of its consolidation range to close lower the past week, risk now builds on its key support located at 1.1096 level. We expect that level to give in for the pair resume…Continue
My apologies for drawing my trend lines the way that fits what I am thinking. But the variation if you draw them your way will not be too far from mine.
I am looking to go short on gold once it breaks below 1204.70. First target will be…Continue
In January gold opened at 1205, just above the Monthly MA100 which has pushed gold higher for $80, but in February gold lose $70 and that same MA100 must defend the price from the bigger fall. Gold close February at 1210 and still have $5…Continue
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