There was a break below the 50% Fib retracement level of the upward move from the $1,780 low to $2,070 high. It even traded below $1,925 and the 50-day simple moving average. An initial support on the downside is near the $1,872 level. The main ...

Trading gold and silver only

The next major support sits near the 1.3110 level. It is near the 76.4% Fib retracement level of the upward move from the 1.2972 swing low to 1.3146 high. Any more losses could lead the pair towards the 1.2975 support zone or even 1.2950. On the ...

GBPUSD

can close the monthly chart below 124.30 it will have a real chance at attacking that 119 in May,,, 124.30 is only 2% lower and 4 more days to go, but at this speed unlikely.. needs another 4% fall in stockmarkets to get there

USD/JPY Discussion

It's time to BUY. It is super rare condition, that RSI by Weekly chart shown near to 31 (oversold) for the third time. My target is 1.30000 -1.31000

GBPUSD intraday trading

USD seems to be turning down from a double resistance. If it does, EUR is likely in for a multi-week rally. If USD breaks out, all bets are off. So this would be a good point to go long with a stop in 1.075 area (for scalps 1.065).

EURUSD

There is a high possibility that the Lira will remain below 15.8 USD/TRY throughout 2022. Rates above that will put significant financial stress on CBRT.

USD/TRY

This is a bear trap. This is not going to come down that easily. This is a buy on dips pair for the next 1.5 weeks. This is NOT applicable if you are a scalper on a 5 min candle.

USD/JPY Discussion

Each large spike = Banks. When they've accumulated enough, this will rise, and nothing will stop it. Coupled with triple bottom, multi-year trendline support, D1 divergence, and US Dollar about to crash and burn into their next recession due to Fed ...

EURUSD

USD seems to be turning down from a double resistance. If it does, EUR is likely in for a multi-week rally. If USD breaks out, all bets are off. So this would be a good point to go long with a stop in 1.075 area (for scalps 1.065), but the Macron ...

EURUSD only