📈 XAU/USD 📉
Gold falling. Next stop for it below 1420 and 1366. Don't catch it higher. First zone bounce will be bullish. Going lower won't brake the trend, but put it under question. Targets for each bounce are SR zones above it.
P.S. Tunis are the first ones to issue central bank digital currency. China is probably next. What will be the demand for gold, after much more countries join that trend?
@WiseForex #XAU
Gold falling. Next stop for it below 1420 and 1366. Don't catch it higher. First zone bounce will be bullish. Going lower won't brake the trend, but put it under question. Targets for each bounce are SR zones above it.
P.S. Tunis are the first ones to issue central bank digital currency. China is probably next. What will be the demand for gold, after much more countries join that trend?
@WiseForex #XAU
📈 GBP/USD 📉
In just 11 days GBP pumped by devil 6.66% and now starting the retracement. Since the initial impulse was that strong, I believe it should bounce from above 1.259 (with small chance for a bounce from 1.27). If these support zones won't hold the price, it will go lower to 1.251. Then grow again.
@WiseForex #GBP
In just 11 days GBP pumped by devil 6.66% and now starting the retracement. Since the initial impulse was that strong, I believe it should bounce from above 1.259 (with small chance for a bounce from 1.27). If these support zones won't hold the price, it will go lower to 1.251. Then grow again.
@WiseForex #GBP
📈 Brent Crude Oil (OANDA:BCOUSD) 📉
Considering Trump is on an edge of becoming third impeachment president of USA, American dollar has good chances to fall and so all the derivatives grow against it. Oil not yet bullish - I consider it still in a consolidation stage, but with very good chances to enter new bull run. Marked targets are for nearest 3 months period.
@WiseForex #BCO
Considering Trump is on an edge of becoming third impeachment president of USA, American dollar has good chances to fall and so all the derivatives grow against it. Oil not yet bullish - I consider it still in a consolidation stage, but with very good chances to enter new bull run. Marked targets are for nearest 3 months period.
@WiseForex #BCO
📈 Euro / U.S. Dollar (OANDA:EURUSD) 📉
EUR pumped too high and now seem to be retracing. Even though it made higher high. Strong support level at 1.1107, but if drop lower, chart most probably will move to 1.1077 or 1.1040. Retracement period up to 2 weeks.
@WiseForex #EURUSD
EUR pumped too high and now seem to be retracing. Even though it made higher high. Strong support level at 1.1107, but if drop lower, chart most probably will move to 1.1077 or 1.1040. Retracement period up to 2 weeks.
@WiseForex #EURUSD
Wise Forex & Stocks
📈 Euro / U.S. Dollar (OANDA:EURUSD) 📉 EUR pumped too high and now seem to be retracing. Even though it made higher high. Strong support level at 1.1107, but if drop lower, chart most probably will move to 1.1077 or 1.1040. Retracement period up to 2 weeks.…
📈 Euro / U.S. Dollar (OANDA:EURUSD) 📉
That bearish engulfing show that forecast is working good. Today bouncing, tomorrow retrace further.
Last post: EUR pumped too high and now seem to be retracing. Even though it made higher high. Strong support level at 1.1107, but if drop lower, chart most probably will move to 1.1077 or 1.1040. Retracement period up to 2 weeks.
@WiseForex #EURUSD
That bearish engulfing show that forecast is working good. Today bouncing, tomorrow retrace further.
Last post: EUR pumped too high and now seem to be retracing. Even though it made higher high. Strong support level at 1.1107, but if drop lower, chart most probably will move to 1.1077 or 1.1040. Retracement period up to 2 weeks.
@WiseForex #EURUSD
📈 U.S. Dollar / Canadian Dollar (OANDA:USDCAD) 📉
USD falling. Smaller timeframes show possible early bounce, but since higher tf have more "significance", it might fail and keep on falling. Most probably tomorrow will reach ~1.3093 support. After that we may expect a bounce to ~1.3134, but since it was already tested today, bounce may take it higher to ~1.3163. If it won't bounce, next support at 1.306.
@WiseForex #USDCAD
USD falling. Smaller timeframes show possible early bounce, but since higher tf have more "significance", it might fail and keep on falling. Most probably tomorrow will reach ~1.3093 support. After that we may expect a bounce to ~1.3134, but since it was already tested today, bounce may take it higher to ~1.3163. If it won't bounce, next support at 1.306.
@WiseForex #USDCAD
Wise Forex & Stocks
📈 Euro / U.S. Dollar (OANDA:EURUSD) 📉 EUR pumped too high and now seem to be retracing. Even though it made higher high. Strong support level at 1.1107, but if drop lower, chart most probably will move to 1.1077 or 1.1040. Retracement period up to 2 weeks.…
📈 Euro / U.S. Dollar (OANDA:EURUSD) 📉
Support at 1.1077 hit. Should see a bounce here to 1.109 at least.
December 14th post: EUR pumped too high and now seem to be retracing. Even though it made higher high. Strong support level at 1.1107, but if drop lower, chart most probably will move to 1.1077 or 1.1040. Retracement period up to 2 weeks.
@WiseForex #EURUSD
Support at 1.1077 hit. Should see a bounce here to 1.109 at least.
December 14th post: EUR pumped too high and now seem to be retracing. Even though it made higher high. Strong support level at 1.1107, but if drop lower, chart most probably will move to 1.1077 or 1.1040. Retracement period up to 2 weeks.
@WiseForex #EURUSD