EUR/USD
The EUR is seen to be strengthening against the USD since last week. You can see that the price had finally exited the USD zone after weeks of being hammered by the USD. Significant play & break of the blue trend line in the image will have the price on the potential USD bias once again.
AUD/USD
The AUD is also seen to be strengthening against the USD. However there is the possibility of the price making a relatively large correction. Similar to EUR/USD, any significant play & break of the blue trend line in the image will have the price on the potential USD bias once again.
GBP/USD
At the moment, the GBP is the slowest among the group to be strengthening against the USD. As you can see, in the above image, the price is beginning to show the potential for a move towards the GBP. There is still the possibility of play & pullbacks by the USD until the price has significantly surpassed the red trend line.
GOLD
Gold has stayed in its Bullish course for weeks now. Last week’s Bearish correction is seen to be weakening. Significant play & break of the blue trend line in the image will have the price on the potential Bear bias once again.
S&P500
The price is seen to have recovered from the Bearish trend. However, this could be only temporary as the price has to surpass the upper red trend line to be seen in a potentially Bullish bias hence volatility is expected here. Happy & Safe Trading!
Disclaimer: Trading in the FOREX market & other forms of investments involves risk. This information should not AT ALL be viewed as investment recommendations. The charts & information provided here are not meant for investment purposes & only serve as technical examples.
The EUR is seen to be strengthening against the USD since last week. You can see that the price had finally exited the USD zone after weeks of being hammered by the USD. Significant play & break of the blue trend line in the image will have the price on the potential USD bias once again.
AUD/USD
The AUD is also seen to be strengthening against the USD. However there is the possibility of the price making a relatively large correction. Similar to EUR/USD, any significant play & break of the blue trend line in the image will have the price on the potential USD bias once again.
GBP/USD
At the moment, the GBP is the slowest among the group to be strengthening against the USD. As you can see, in the above image, the price is beginning to show the potential for a move towards the GBP. There is still the possibility of play & pullbacks by the USD until the price has significantly surpassed the red trend line.
GOLD
Gold has stayed in its Bullish course for weeks now. Last week’s Bearish correction is seen to be weakening. Significant play & break of the blue trend line in the image will have the price on the potential Bear bias once again.
S&P500
The price is seen to have recovered from the Bearish trend. However, this could be only temporary as the price has to surpass the upper red trend line to be seen in a potentially Bullish bias hence volatility is expected here. Happy & Safe Trading!
Disclaimer: Trading in the FOREX market & other forms of investments involves risk. This information should not AT ALL be viewed as investment recommendations. The charts & information provided here are not meant for investment purposes & only serve as technical examples.
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