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I believe that GBPUSD is about to bottom and reversel towards at least 1.30 and likely even higher. However let's see whether the market confirms it. I'm not interested in the sell at this time
fxfiberのブログ
Double digit gains
xau/usd moves up in future because positive investment flows kick-started a 17% rally in the xau/usd price, its biggest quarterly rise for almost 1 year. Strong gains also seen in local prices in India (+16%), Turkey (+12%), UK (+18%) and China (+17%).
xau/usd demand reached 1,290 tonnes Q1 2016, a 21% increase year-on-year, making it the second largest quarter on record.
so i suggest to long xau/usd . for mid term it wil hit again 1295.00
hope for best trades.
xau/usd demand reached 1,290 tonnes Q1 2016, a 21% increase year-on-year, making it the second largest quarter on record.
so i suggest to long xau/usd . for mid term it wil hit again 1295.00
hope for best trades.
Fxfiber
EURUSD
Price has bounced down from 38.2 Resistance on Daily chart, however I still have a bullish bias.
Why situation is not clear? Price moved down from 1.27 extension at 1.40 and stopped at 38.2 (1.35) Weekly chart. This in itself is a bullish sign, we need to assess whether this is a bounce from the Fib level or a reversal, we had a hammer pattern on the same time frame.
On the other hand the Daily chart presents same scenario but inverted, price came up from extension and now stopped at 38.2…
Price has bounced down from 38.2 Resistance on Daily chart, however I still have a bullish bias.
Why situation is not clear? Price moved down from 1.27 extension at 1.40 and stopped at 38.2 (1.35) Weekly chart. This in itself is a bullish sign, we need to assess whether this is a bounce from the Fib level or a reversal, we had a hammer pattern on the same time frame.
On the other hand the Daily chart presents same scenario but inverted, price came up from extension and now stopped at 38.2…