Good morning,
As we've promised yesterday - let's take a look at GBP this time. It is really big bets now on the table and everything depends on what will happen around 1.2426 support and 1.2630 resistance areas:
Good morning,
BTC accurately follows to our trading plan, reaching the first specified level of 61-62K. Now we start watching for intraday bullish patterns around it to see an ability to start action to upside ~67K target:
Good morning,
Market is very slow this week, we do not have any big data releases in the US and also due celebrations of WWII victory in Europe. EUR finally comes to our 1.0725 support area. Let's keep an eye on possible patterns around it:
Good morning,
Gold shows very tight action, that looks like a flag consolidation, suggesting that some upside swing still could be formed. This makes us to wait and not take short position right now, despite that daily/intraday context is bearish.
Good morning,
We suggest that bearish context on EUR is not ready yet, suggesting that it could still try to re-test of 1.0830 area. Today we're watching for 1.0725-1.0730 support for possible scalp long positions:
Good morning,
In general we've got the upside bounce that discussed recently, but due some reasons the background for short entry is not good. We do not exclude some upside continuation here as well, so do not consider any new bearish entries by far:
Good morning,
EUR is coiling around wide daily resistance range which is potentially interesting for short entry. But intraday picture shows that the context is not ready yet as EUR could try to move in 1.0830 area first:
Good morning,
BTC shows expected bounce up, but it is stronger than we thought last week. It means that we do not consider short entry by far and watching for intraday bullish setups:
Good morning,
Gold market mostly stands indecision, but intraday picture looks slightly bullish, suggesting that Gold could show a bit more extended upside action:
Good morning,
It is difficult to say what we'll get on NFP report, any weakness probably should support Gold. But, for now we still think that Gold could try to show higher upside bounce:
Good morning,
We've got 1H reverse H&S pattern, so everything is going with our plan. Now we consider some upside targets - 1.0756 as a least one and 1.0813 that agrees with daily strong resistance area. Its difficult to say what we will get on NFP release but any sign of weakness should...
Good morning,
BTC has confirmed our bearish suggestions on Monday with reversing our position down. We suggest that next downside target stands around 51-52K area, but before BTC will go to it, it needs to take some breath due to current oversold condition. So, first tactical bounce could...
Good morning,
So Gold has made the bounce from predefined area. Although technical reasons exist now for short entry, we prefer to wait because of signs of dollar weakness on other markets and mostly because of announced QE by US Treasury.
Good morning,
Our concern that market is turning bearish has been confirmed. Still for taking a new short position we have to wait a bit, because market at daily Oversold and we're coming to the FOMC results:
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