20 - 24 August |
weekly
forecast 20 - 24
August Gold weekly Analysis The previous week has seen Gold move bullish for the better part of the week. Currently, gold is trading above a significant support area 1152.56, and 1153.94. As long as gold is trading above this range, long positions are recommended. Traders should however correlate | ||
2015 | EURUSD | GBPUSD | USDJPY |
28 August | Technical View EUR/USD is currently trading with a bearish bias. The pair successfully crossed our key level 1.1384, and even went further down and is right now on a corrective move upwards. As long as the pair trades below 1.1276, short positions are recommended but with a stop at at the support | Technical View: GBP/USD is currently trading with a bullish bias. The pair crossed below our support trend line and is currently trading below the 23.6% fib level. It is anticipated that the current corrective wave will rally upwards only up to the 23.6% fib level. Traders willing to sell at thi | Technical View: USD/JPY is currently trading with a bullish Bias. The pair is currently on a corrective move downwards but trading above the 50% fib level. As long as the pair trades above this fib level, long positions are recommended but with a stop at the 61.8% fib level. Any movements above |
27 August | |||
26 August | |||
25 August | |||
24 August |