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US30 SEL 34 014.00 TP : 33 990.00 TP : 33 950.00 TP : 33 900.00 TP : 33 800.00 SL : 34 150.00

261 views13:40

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239 views05:46

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AUDCAD BUY
ENTRY 0.9320
SL 0.9245
TP 0.9340
TP 0.9370
TP 0.9420

234 views06:57

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USD/CAD Technical Outlook: Retracement or Reversal?2021-06-24 12:30:00USD/CAD exploded last week and looked poised to continue higher, but the ...

USD/CAD Technical Outlook

USD/CAD explosion at first looked sustainable

The pullback we are seeing brings serious doubt on a continuation trade

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USD/CAD Technical Outlook: Retracement or Reversal?

USD/CAD shot out of a cannon last week after putting in an extremely tight period of trading. The rally at first glance looked good for at least a continuation trade after a period of digestion, but that has been brought into serious question with the sharp retracement we have seen.

Yesterday, a minor reversal developed that could help floor the decline, but if we see price sink much further, then the larger than expected pullback has likely morphed into what will be a full reversal and potentially a leg towards a new cycle low.

241 views13:32

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224 views05:44

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238 views06:24

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BUY EUR/NZD
ENTRY @ 1.69900
TP 1.70100
TP 1.70400
TP 1.70800
SL 1.69300

238 views07:13

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Gold sell @ 1783
Sl: @ 1793
TP: @ 1773

233 views10:07

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GOLD SEL 1784

TP : 1780
TP : 1776
TP : 1770
TP : 1760
SL : 1797

244 views10:49

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Gold sell @ 1783 Sl: @ 1793 TP: @ 1773

Full Close 20+ pips

256 views11:08

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256 views13:32

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Gold Price Outlook: XAU/USD Looking to Trend Support Just Below2021-06-25 12:30:00Gold hasn't found much sponsorship since plunging post Fed me...

Gold Technical Outlook

Gold weak, looking to 2019 slope for potential support

Silver sitting on the 200-day MA, next levels of support may be soon

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Gold Price Outlook: XAU/USD Looking to Trend Support Just Below

Gold has shown very little life since the post-Fed plunge that caught many market participants by surprise. The uninspired bounce thus far smacks of a small corrective move that will at least lead to another leg lower, even it that is only short-lived.

The reason it could be short-lived is because a slope from May 2019 lies not too far below right around 1750. This line may or may not allow gold to hold, so it will be important to see how price action plays out should it get tested. A strong reaction would be encouraging for the upside, while a lack of sponsorship, similar to what we are seeing now, could be indicative of a line of support that won’t hold.

274 views13:43

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GBPCAD SELL now at 1.7095
SL 1.7178
TP 1.7000

269 views14:02

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273 views14:33

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GOLD BUY 1781
SL 1766
TP 1785
TP 1791
TP 1840

276 views15:07

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214 views10:59

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