📈 GOLD / USD 📉
GOLD trade goes according to plan. Price pulled back to 1724. Now testing 1730 SR from below. If break it, targets 1739 / 1747 and potentially higher. If not - fall to 1700-1705.
Last May 22nd post: If next move down will meet support at 1730 we may expect price to grow higher to ~1747. If not, drop to 1720 which will be second test of that support and potential fall to 1700-1705.
Resistance 1730 - 1737 - 1742 - 1760 - 1770
Support 1720 - 1715 - 1705 - 1697 - 1686
@WiseForex #XAUUSD #Gold #XAU
GOLD trade goes according to plan. Price pulled back to 1724. Now testing 1730 SR from below. If break it, targets 1739 / 1747 and potentially higher. If not - fall to 1700-1705.
Last May 22nd post: If next move down will meet support at 1730 we may expect price to grow higher to ~1747. If not, drop to 1720 which will be second test of that support and potential fall to 1700-1705.
Resistance 1730 - 1737 - 1742 - 1760 - 1770
Support 1720 - 1715 - 1705 - 1697 - 1686
@WiseForex #XAUUSD #Gold #XAU
📈 AUD / JPY 📉
Yen is weak today so all the pairs are trying to grow against it. This chart show rather slow growth. May expect it to grow 10-20 pips up to 70.6-70.7. That will be strong resistance and good zone for short. Target for short 70 support.
🛒 Support 70.23 / 69.97 / 69.79
🎯 Resistance 70.59 / 70.69 / 70.95
@WiseForex #AUD #JPY #AUDJPY
Yen is weak today so all the pairs are trying to grow against it. This chart show rather slow growth. May expect it to grow 10-20 pips up to 70.6-70.7. That will be strong resistance and good zone for short. Target for short 70 support.
🛒 Support 70.23 / 69.97 / 69.79
🎯 Resistance 70.59 / 70.69 / 70.95
@WiseForex #AUD #JPY #AUDJPY
Wise Forex & Stocks
📈 Euro / U.S. Dollar 📉 Last signal hit stop loss. I trade without it, just don't exceed leverage too much. Accumulating positions and taking profits either at target or at breakeven, if the trade goes against my initial plan. Here in the end my target was…
📈 Euro / U.S. Dollar 📉
That wick perfectly landed to our long zone 👌 and went up by 40 pips to 1.09146. Nearest minor support is 1.089. Doesn't look very bullish at the moment - can see it fall to 1.084 easily. If you still long, consider closing it at ~1.09 and open back at the same level 1.087 or below at 1.084.
Last post: it is good time to switch back to long position accumulation and 1.087 is a good support for that bounce.
@WiseForex #EURUSD #EUR #USD
That wick perfectly landed to our long zone 👌 and went up by 40 pips to 1.09146. Nearest minor support is 1.089. Doesn't look very bullish at the moment - can see it fall to 1.084 easily. If you still long, consider closing it at ~1.09 and open back at the same level 1.087 or below at 1.084.
Last post: it is good time to switch back to long position accumulation and 1.087 is a good support for that bounce.
@WiseForex #EURUSD #EUR #USD
What a beautiful consolidation at Dollar Index. Should pump soon. Keep that in mind when trade USD pairs next time it get close to 100 😉
@WiseForex #DXY #DollarIndex
@WiseForex #DXY #DollarIndex
Wise Forex & Stocks
📈 BRENT oil 📉 Oil met resistance at 35.05 level, same that dumped price lower in March. Friday candle closed leaving possibilities for both directions, but I favor lower retracement. On Monday if price won't get above 35.58, within following days it can dump…
📈 BRENT oil 📉
Oil didn't get above previous HH so my retracement forecast going live. At smaller timeframe there are minor support zones that can bounce the price - these are 35 and 34.3 (go long from there). At day timeframe Brent has gap between 39.6 and 45.2. So we may expect this gap to be filled sooner or later. The only question is how low it will dip before the pump. Grand scale assumes drop down to 23$ (but that is rather long term perspectives that may not come true).
May 24th post: On Monday if price won't get above 35.58, within following days it can dump lower to 31.16 / 30.30.
May 14th post: Nice descending triangle. Should break up or down either tomorrow or on Monday. Follow breakout direction 👍 Safe target for bullish move 33.5, for bearish - 26.7
@WiseForex #Brent #UKOil
Oil didn't get above previous HH so my retracement forecast going live. At smaller timeframe there are minor support zones that can bounce the price - these are 35 and 34.3 (go long from there). At day timeframe Brent has gap between 39.6 and 45.2. So we may expect this gap to be filled sooner or later. The only question is how low it will dip before the pump. Grand scale assumes drop down to 23$ (but that is rather long term perspectives that may not come true).
May 24th post: On Monday if price won't get above 35.58, within following days it can dump lower to 31.16 / 30.30.
May 14th post: Nice descending triangle. Should break up or down either tomorrow or on Monday. Follow breakout direction 👍 Safe target for bullish move 33.5, for bearish - 26.7
@WiseForex #Brent #UKOil
📈 USD / CAD 📉
Chart represents a descending triangle with possibility for really huge break down. Right now falling to lower support at 1.3833
Most probably there will be a bounce of that support. Good chance to take good short position from 1.390-1.394. UNLESS it breakdown now. Then short on re-test of 1.383 SR from below.
Targets 1.373 / 1.365
@WiseForex #CAD #USD #USDCAD
Chart represents a descending triangle with possibility for really huge break down. Right now falling to lower support at 1.3833
Most probably there will be a bounce of that support. Good chance to take good short position from 1.390-1.394. UNLESS it breakdown now. Then short on re-test of 1.383 SR from below.
Targets 1.373 / 1.365
@WiseForex #CAD #USD #USDCAD
Wise Forex & Stocks
📈 Euro / U.S. Dollar 📉 Last signal hit stop loss. I trade without it, just don't exceed leverage too much. Accumulating positions and taking profits either at target or at breakeven, if the trade goes against my initial plan. Here in the end my target was…
📈 Euro / U.S. Dollar 📉
EUR exceeded my expectations. Check day timeframe to see how really bullish it is. If break above 1.1 will get to 1.11 in a day or two.
Support 1.1000 / 1.0953 / 1.0928
Resistance 1.1033 / 1.1095 / 1.1130
@WiseForex #EURUSD #EUR #USD
EUR exceeded my expectations. Check day timeframe to see how really bullish it is. If break above 1.1 will get to 1.11 in a day or two.
Support 1.1000 / 1.0953 / 1.0928
Resistance 1.1033 / 1.1095 / 1.1130
@WiseForex #EURUSD #EUR #USD
📈 Euro / JPY 📉
EUR is really strong today. Here at EUR/JPY chart we can see a grand bounce (at week timeframe). Now at strongest resistance on the way. Look good to long from 118.4-118, or wait longer for pullback to 117.5. Target for that impulse 120.
Support 118.5 / 118.3 / 118
Resistance 118.7 / 119 / 119.8
@WiseForex #EURJPY #EUR #JPY
EUR is really strong today. Here at EUR/JPY chart we can see a grand bounce (at week timeframe). Now at strongest resistance on the way. Look good to long from 118.4-118, or wait longer for pullback to 117.5. Target for that impulse 120.
Support 118.5 / 118.3 / 118
Resistance 118.7 / 119 / 119.8
@WiseForex #EURJPY #EUR #JPY
Wise Forex & Stocks
What a beautiful consolidation at Dollar Index. Should pump soon. Keep that in mind when trade USD pairs next time it get close to 100 😉 @WiseForex #DXY #DollarIndex
Watch Dollar Index dumped from 100 resistance. You may see the result at Currency strength meter and all USD pairs today.
@WiseForex #DXY #DollarIndex
@WiseForex #DXY #DollarIndex
Wise Forex & Stocks
📈 BRENT oil 📉 Oil didn't get above previous HH so my retracement forecast going live. At smaller timeframe there are minor support zones that can bounce the price - these are 35 and 34.3 (go long from there). At day timeframe Brent has gap between 39.6 and…
📈 BRENT oil 📉
Bouncing from 34 support. selling some at 35, leaving the rest go higher to 35.7.
Last post: At smaller timeframe there are minor support zones that can bounce the price - these are 35 and 34.3 (go long from there). At day timeframe Brent has gap between 39.6 and 45.2. So we may expect this gap to be filled sooner or later. The only question is how low it will dip before the pump. Grand scale assumes drop down to 23$ (but that is rather long term perspectives that may not come true).
@WiseForex #Brent #UKOil
Bouncing from 34 support. selling some at 35, leaving the rest go higher to 35.7.
Last post: At smaller timeframe there are minor support zones that can bounce the price - these are 35 and 34.3 (go long from there). At day timeframe Brent has gap between 39.6 and 45.2. So we may expect this gap to be filled sooner or later. The only question is how low it will dip before the pump. Grand scale assumes drop down to 23$ (but that is rather long term perspectives that may not come true).
@WiseForex #Brent #UKOil
Wise Forex & Stocks
📈 USD / CAD 📉 Chart represents a descending triangle with possibility for really huge break down. Right now falling to lower support at 1.3833 Most probably there will be a bounce of that support. Good chance to take good short position from 1.390-1.394.…
📈 USD / CAD 📉
1) Re-test of 1.383 SR from below. ✅
2) Targets 1.373 ✅ / 1.365
💰 Profit up to 88 pips
Last post: Most probably there will be a bounce of that support. Good chance to take good short position from 1.390-1.394. UNLESS it breakdown now. Then short on re-test of 1.383 SR from below.
Targets 1.373 / 1.365
@WiseForex #CAD #USD #USDCAD
1) Re-test of 1.383 SR from below. ✅
2) Targets 1.373 ✅ / 1.365
💰 Profit up to 88 pips
Last post: Most probably there will be a bounce of that support. Good chance to take good short position from 1.390-1.394. UNLESS it breakdown now. Then short on re-test of 1.383 SR from below.
Targets 1.373 / 1.365
@WiseForex #CAD #USD #USDCAD