december

Good morning, It seems that our setup is started well. With the additional bullish pattern, EUR gets good chances to reach at least nearest target around 1.1375-1.1380 area:

Good morning, Recent rally finally provides some bullish background. We now watch for 47.10-47.60$ area, where potential H&S pattern could start to work. Failure of the pattern could lead BTC to 42K - our downside XOP target, mentioned last time.

Good morning, Recent action was triggered by artificial reason. Anyway, it fits to our trading plan and we could keep going with it:

Good morning, with the lack of news background EUR shows tricky action on the thin market. Due to the recent rally short-term context has changed and now it seems that price is aimed on 1.1370-1.1380 area:

Good morning, Gold hits our first support area around 1790$ but price action around it makes us think that chances on the reaching of XOP @ $1775 area remains high:

Good morning, Downside action has started relatively well, but as we have few risk factors today - don't forget to move stops to breakeven:

Good morning, Gold is coming to support levels where retracement might be over and price could turn up again:

Good morning, Today we keep an eye on 1.13-1.1312 area where potentially EUR could turn down again:

Good morning, Based on recent performance and overall environment we suggest that BTC likely to go to next downside action at 42.40K area:

Good morning, Gold keeps bullish sentiment and supposedly should show another attempt to move higher:

Fundamentals You probably should notice that gold market reaction on the "Week of the Central Banks" stands a bit different, compares to stocks or FX market. While FX was able to show just short-term, emotional inspiration on major currencies, such as EUR or GBP - Gold has shown better upside...

Greetings everybody, Friday's collapse partially could be explained by new wave of fears around Omicron, but it seems that it is more appropriate to relay it to emotional overreaction on ECB statement the day before:

Fundamentals So, it was really tough week, not only in terms of massive fundamental data released, but technical situation and price behavior as well. Now it is too many dust in the air but it is starting to settle already so, some major shifts in global fiscal policy are becoming clear. Market...

Good morning, Gold shows great performance these days, so next week we intend to consider setups for the long entry. Meantime lets set the nearest targets:

Good morning, Today we take a look at EUR and GBP as they have very similar technical situation:

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. Overall there is strength in the GBP and CHF, with minor strength in the CAD...

Good morning, BTC shows very slow action, so we could discuss only intraday performance this time:

Good morning, as on the EUR, Gold upside action also cares some features of profit booking action from speculators. Still, momentum should be strong enough for minor upside continuation at least:

Good morning, As Fed statement was a bit more hawkish, EUR has shown action in both direction. We suggest that backup action mostly was due profit booking by speculators but doesn't reflect the change of the sentiment. That's why we suggest to focus only on short-term bullish scenarios with...

Hi Forex Trader, I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market. My suggestions are posted by 6pm EST each day. For The Forex Trading Coach clients...