Wise Forex & Stocks
π GOLD / USD π 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 atβ¦
π GOLD / USD π
Long time haven't I posted GOLD chart. Meanwhile its moving sideway within strict parallel channel between ~1676 and 1747. Nearest support at ~1700, but should drop to the bottom of that channel as well.
Resistance 1730 - 1738 - 1747 - 1765
Support 1715 - 1705 - 1697 - 1676
@WiseForex #XAUUSD #Gold #XAU (TradingView)
Long time haven't I posted GOLD chart. Meanwhile its moving sideway within strict parallel channel between ~1676 and 1747. Nearest support at ~1700, but should drop to the bottom of that channel as well.
Resistance 1730 - 1738 - 1747 - 1765
Support 1715 - 1705 - 1697 - 1676
@WiseForex #XAUUSD #Gold #XAU (TradingView)
π NZD / JPY π
NZD show first signs of reversing from bear trend on grand scale. I expect it to come back to SR zone it broke out in the end of May. Strongest support at 66.3. Possible bounce a little lower or higher. Note that shorting in the same direction is not safe.
Support 67.6 / 66.9 / 66.3 / 65.65
Resistance 69.2 / 70 / 71.3 / 73.1
@WiseForex #EURUSD #EUR #USD (TradingView)
NZD show first signs of reversing from bear trend on grand scale. I expect it to come back to SR zone it broke out in the end of May. Strongest support at 66.3. Possible bounce a little lower or higher. Note that shorting in the same direction is not safe.
Support 67.6 / 66.9 / 66.3 / 65.65
Resistance 69.2 / 70 / 71.3 / 73.1
@WiseForex #EURUSD #EUR #USD (TradingView)
π Euro / U.S. Dollar π
EUR/USD returning back to 1.12127 support zone. Drop below will lead to dump towards 1.114-1.111.
Support 1.1237 / 1.1212 / 1.1170 / 1.1133
Resistance 1.1283 / 1.1336 / 1.1373 / 1.1412
@WiseForex #EURUSD #EUR #USD (TradingView)
EUR/USD returning back to 1.12127 support zone. Drop below will lead to dump towards 1.114-1.111.
Support 1.1237 / 1.1212 / 1.1170 / 1.1133
Resistance 1.1283 / 1.1336 / 1.1373 / 1.1412
@WiseForex #EURUSD #EUR #USD (TradingView)
π BRENT oil π
Oil pulled back in the direction I expected, but didn't get to $36 - bounced from $37. That was 21 EMA at daily.
Chart is not yet ready to pump. Its only reversing from bearish weeks and most probably will require some time for consolidation. With all the OPEC agreements you can't force the price to change the direction so fast. So mid term even $33 seems realistic.
Last post June 8th: It is rather strange that price didn't re-test 35-36$ SR level. What an omission. This will be our next target.
@WiseForex #Brent #UKOil
Oil pulled back in the direction I expected, but didn't get to $36 - bounced from $37. That was 21 EMA at daily.
Chart is not yet ready to pump. Its only reversing from bearish weeks and most probably will require some time for consolidation. With all the OPEC agreements you can't force the price to change the direction so fast. So mid term even $33 seems realistic.
Last post June 8th: It is rather strange that price didn't re-test 35-36$ SR level. What an omission. This will be our next target.
@WiseForex #Brent #UKOil
π Euro / U.S. Dollar π
EUR/USD landed to first support zone marked 2 days before. Plan stay the same: 1.1145-1.1111 support zone.
Support 1.1170 / 1.1145 / 1.1130 / 1.1110
Resistance 1.1212 / 1.1237 / 1.1283
@WiseForex #EURUSD #EUR #USD (TradingView)
EUR/USD landed to first support zone marked 2 days before. Plan stay the same: 1.1145-1.1111 support zone.
Support 1.1170 / 1.1145 / 1.1130 / 1.1110
Resistance 1.1212 / 1.1237 / 1.1283
@WiseForex #EURUSD #EUR #USD (TradingView)
π GBP / USD π
GBP approaching support at 1.234. This will be a perfect zone for long. Build position at several zones - second at ~1.2296. Don't be a pussy - don't use stop loss here.
Targets are resistance zones above: 1.241 / 1.247
@WiseForex #GBP #USD #GBPUSD (TradingView)
GBP approaching support at 1.234. This will be a perfect zone for long. Build position at several zones - second at ~1.2296. Don't be a pussy - don't use stop loss here.
Targets are resistance zones above: 1.241 / 1.247
@WiseForex #GBP #USD #GBPUSD (TradingView)
π USD / JPY π
USD close to bounce zone, but it is yet early to trade it as it doesn't show clear signal. Still within downtrend.
If this week close above 106.57, next week we may expect it to bounce to 107.2.
@WiseForex #USD #JPY #USDJPY
USD close to bounce zone, but it is yet early to trade it as it doesn't show clear signal. Still within downtrend.
If this week close above 106.57, next week we may expect it to bounce to 107.2.
@WiseForex #USD #JPY #USDJPY
Wise Forex & Stocks
π EUR / GBP π Since targets are hit converting to longer term trade with higher targets. π Pullback long entries from ~0.894 π― Target 0.905 / 0.909 / 0.915 / 0.919 @WiseForex #GBP #EUR #EURGBP
π EUR / GBP π
EUR hit 0.902 and bounced back to our long entry zone. Then hit first target. Profit 110 pips out of 160 pips that swing made π€
Next long entry at 0.9 / 0.894 / 0.889.
Targets stay the same π
Last signal:
π Pullback long entries from ~0.894
π― Target 0.905 / 0.909 / 0.915 / 0.919
@WiseForex #GBP #EUR #EURGBP
EUR hit 0.902 and bounced back to our long entry zone. Then hit first target. Profit 110 pips out of 160 pips that swing made π€
Next long entry at 0.9 / 0.894 / 0.889.
Targets stay the same π
Last signal:
π Pullback long entries from ~0.894
π― Target 0.905 / 0.909 / 0.915 / 0.919
@WiseForex #GBP #EUR #EURGBP
π GOLD / USD π
Gold bounced from middle line and making attempt to break the parallel channel - target for breakout 1796
Resistance 1765 - 1772 - 1796
Support 1747 - 1738 - 1730 - 1715 - 1705
@WiseForex #XAUUSD #Gold #XAU (TradingView)
Gold bounced from middle line and making attempt to break the parallel channel - target for breakout 1796
Resistance 1765 - 1772 - 1796
Support 1747 - 1738 - 1730 - 1715 - 1705
@WiseForex #XAUUSD #Gold #XAU (TradingView)
Wise Forex & Stocks
π GBP / USD π GBP approaching support at 1.234. This will be a perfect zone for long. Build position at several zones - second at ~1.2296. Don't be a pussy - don't use stop loss here. Targets are resistance zones above: 1.241 / 1.247 @WiseForex #GBP #USDβ¦
π GBP / USD π
GBP bounced precisely from where we planned - 1.234 support. All targets already hit for up to 141 pip. Might grow higher to 1.254, but safer entries would be from previously broken support zones at 1.2415 and same 1.234.
Previous post: GBP approaching support at 1.234 - perfect zone for long. Targets are resistance zones above: 1.241 / 1.247
@WiseForex #GBP #USD #GBPUSD (TradingView)
GBP bounced precisely from where we planned - 1.234 support. All targets already hit for up to 141 pip. Might grow higher to 1.254, but safer entries would be from previously broken support zones at 1.2415 and same 1.234.
Previous post: GBP approaching support at 1.234 - perfect zone for long. Targets are resistance zones above: 1.241 / 1.247
@WiseForex #GBP #USD #GBPUSD (TradingView)