Sunday, May 31, 2020

GBPAUD is drifting down

Good evening mate .Hope everyone is present here and seems active .Now me making the GBPAUD Analysis .As per my view that the pair is continuing the bearish trend .Till now in two months the pair already traveled about 1300 pips from the top level and still now its not stopping .What my experience tells that the pair is coming towards the 1.7800 level and then from this level the pair may come towards the 1.8960 and then the next target would be 2.040 level .Another one important thing is that from the current position if the pair changes the trend then the pair may come bouncing towards the 50% fibo at the 1.9720 level.

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GOLD GOING UP -31/5/2020

Gold seems really very solid and that indicates that we are going to see some real bull movement next week .We saw last day that there is no sign of the pair to fall down which making the price action very clear that Gold may be heading towards the 1780 level ,just one hurdle left and that is the 1760 .If it can break then the yellow metal can go up towards the 1800 level and then the 1920-1931 level which is one of the all time high .

FOR TOTAL ANALYSIS VISIT HERE 


EURCHF GOOD ENTRY POTENTIAL

Good evening guys ,Now me going to give analysis on the EURCHF Pair as me seeing here a good entry potential in this pair .Here i feel if we look at the h1 timeframe ,it broke the upper trend channel and turned to the bearish level .Now there is a good chance that the pair is going down from the 1.0667 level to the 1.0625 level and that is also confirmed at the h4 timeframe where there is a good potential that the pair is going in more deeper correction towards the 1.0530 level .So a sell entry is being expected i feel.

FOR MORE ANALYSIS VISIT HERE 

EURUSD may go up - 31/5/2020

Good morning all of You ,happy Sunday all of you .Today my mood is little off and for that I am not feeling the energy .Ok now today me going to the EURUSD pair .I feel that the pair is in the bullish trend because the point it stopped last week is really interesting and that indicates that there is a good chance that the pair could move in the upside direction.I feel if this current level can breakout the pair could move now to the 1.1240 level but yes if the fall occurs then the pair may come towards the 1.0970 level and from there it may run upwards direction.So in either way the upper channel is being intact .

FOLLOW THE WHOLE ANALYSIS HERE 






Gold seems bearish

 Gold now slowly coming down after attaining the multi year high at 2040 level .If we can see the daily timeframe ,we can see that its in a ...