Good morning,
Although market has few bearish signs on intraday chart, we see big risk of possible upside action, because of GDP release today and some other technical issues. Short position is possible, but risk has to be minimized.
Good morning,
EUR is forming H&S pattern on 1H chart with potential 1.06 target. But we should be aware of GDP and Retail Sales releases today, as data could turn everything from top to bottom, because we also have uncompleted 1.0840 XOP target on 4H chart:
Good morning,
Gold market shows a bit irrational behavior, showing almost no reaction on strong resistance area. It makes us to be more careful with intraday short trading, and wait for clear reversal pattern before taking position:
Good morning,
EUR shows the signs of rising demand, moving higher, and through the major daily resistance. As we still watch for the pullback to consider long entry, we keep an eye on 1.0830 area, where pullback could start.
Good morning,
Gold hits predefined daily resistance area, suggesting tactical short-term bounce. We suggest that the depth of the retracement should be around 1816-1830$ area:
Good morning,
EUR hits strong daily resistance area, which let scalp traders consider short positions. Supposedly EUR should reach 1.0550-1.0565 area as a target of downside retracement:
Good morning,
BTC performance look weak and we keep our long-term bearish view. For the short term purposes we consider few patterns today that might be formed, but none of them have assurance of completion by far:
Good morning,
Gold keeps short-term bullish background as well as chances to reach potentially 1895-1900$ area. While nearest target that we're watching for stands around 1856-1862$ area:
Good morning,
It seems that Fed is loosing control over situation in the country. On coming week we should closely watch for GDP and Retail Sales numbers. On the EUR we keep working with the tactical upside bounce, suggesting that EUR could reach 1.0630-1.0675 target on coming week.
Good morning,
Today we discuss upside targets on EUR and intraday entry tactic. Today's ceil is around 1.0628, while next week EUR has chances to climb higher:
Good morning,
With terrible statistics, hawkish J.Powell statement, collapse on stock market we absolutely not inspiring with taking the long positions on BTC right now:
Good morning,
Gold has formed few bullish grabbers on 4H chart that we've discussed yesterday. So, today we could consider long entry from current levels:
Good morning,
Although EUR is a bit lagging behind GBP performance, but it also shows solid bounce. Today we keep an eye on 1.0480 support area for tactical long position taking:
Good morning,
GBP Today looks more interesting for short term trading, giving us potentially two trading setups at least. First, we watch for 1.2420-1.2450 resistance area where short position might be considered:
Good morning,
Market could form bearish grabber today and drop below recent 26K lows. So we do not consider any long positions by far on BTC. Bears could think about grabber anticipation and with stops above 32K area but control today's close and grabber confirmation.
Good morning,
Gold meets long term support area, which provides some hopes for tactical bounce at least. But the problem is price hasn't started to form any bullish reaction by far:
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