Of Gold Extensions مقياس إمتدادات الذهب
Friday's $2431 high in gold consisted of a 21% rise from the Feb 14th low. Such percentage extensions from key lows or/and technical levels such as the 200-DMA, could flag crucial opportunities for partial/full profit-taking. Watch here.
Can you please explain this long position in EURUSD at 1.4865? As per my analysis, Stochastics and RSI are not supporting the retrenchment. And immediate trendline is also broken in H4. (I was thinking of taking a short position)
Rgds
Rajesh
Can you please explain the breakout technique in detail. I tried it 2-3 times, but am not sure whether doing it right way. Thanks
Rajesh
One reason for this upmove in EURUSD seems to me the perceived weakness in USD following the weak NFP data. I thought EUrUSD wd move up. However, less downside in stocks was surprising. Do you still see the level of 1.4445 in today's session?
Will the Abbott M&A deal with European company be positive for EURUSD?
Rajesh
I am sorry to keep my question brief. I knew it wd be bearish. I wanted to know how much bearish (levels). specially for eurUSD. Further, should not oil be below 66 for a few trading session to finally move to 'definitely bearish'?