11 - 15 January |
weekly
forecast 11 - 15
January Gold Weekly Review: Weekly Review: During The previous week, Gold markers fell and even tested the key level $1113. During the cause of this week, we expect the pressure to go short to continue and even head lower to 1032. If Gold can successfully close below 1032, then we will be lookin | ||
2016 | EURUSD | GBPUSD | USDJPY |
15 January | Wave Analysis: EUR/USD is currently trading with a bullish bias. During the previous trading day, Euro traded long but found a resistant along 1.093. Unless, there is a clear break out above 1.0938, we will be keen to look for short positions along 1.0923 with an ultimate target along the lower g | Wave Analysis: GBP/USD is currently trading with a bearish bias. During the previous trading day, Pound tested the key level 1.4423, but ended up closing below it. As along as pound trades below this level, we will be keen to look for for short positions with targets at 1.4348 and 1.4231. This pai | Wave Analysis: USDJPY is currently trading with a bearish bias. During the previous trading day, usd/jpy could not close below 117.34, we are waiting for a clear break out below 117.14 to go short with targets at 116.69 and 116.00. This pair should be traded alongside other positively correlated p |
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11 January |