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Black Dollar

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AUD USD  price moves in a bullish trend you could see that also, but if you analyse the market of AUD USD  in hour four chart time and draw the resistance trend line you will see how the price has been stopping the bullish trend and close below this resistance level.
AUD USD  price gives us an opportunity to sell trade, you can take a sell trade also on AUD USD  and set the positive target at 0.7494,  put the negative target of this trade just a few pips above the trend resistance level 0.7760.
Hopefully, AUD USD  will also test this take profit level.
Wish you all the best to have a great chance to grab a good profit.
#16 - January 01, 2021, 05:13:09 AM
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Black Dollar

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The price of EUR USD was moving in a bullish trend, last night in the New York session Brexit deal signed into law, that's why EUR USD is moving down. As you can see price has been crossed the support trend line and close below this support trend level. So you need to wait for the next candle for confirmation if EUR USD next candle closes below this level than would be exposed at the next support level which I have highlighted on the chart. Approximately to my technically examine EUR USD will move down, so you can invest in bearish and set the take profit level at 1.1971, putting the stop loss at above the support trend level at 1.2238,  which will work now as a resistance, as you know all of you when price break any support or resistance level after broken these level are working as an opposite accordingly to technical sequence, hopefully, EUR USD  will test our positive target.
#17 - January 01, 2021, 05:14:35 AM
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Black Dollar

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GBP USD yesterday went up and touched its top at 1.3654 level and daily candle closed at 1.36576, if we see h4 time frame GBP USD pair have touched the trend line of the channel and closed inside the channel, so it might go down till 1.36000, and then try to attack the resistance again, and I’ll hopefully break it. Yesterday I got the news on BBC that the Brexit deal is signed in to the law, now U.K. will do their own trade accordingly to their way. After this news GBP was stable but yesterday EU fell and get to its support. I’m looking here f  out potential buying opportunities on GBP USD around 1.3620-1.36000 with stop loss 1.35000 for the target 1.37000-1.3877.
#18 - January 01, 2021, 05:47:59 AM
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Black Dollar

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NZD USD pair is in a strong bullish trend and its just going up and up and breaking all the major resistances on their way. Now if we see Weekly chart of NZD USD pair it has a weekly resistance at 0.7386 is the weekly resistance, and I’m so sure that it will get to its weekly resistance soon. And also USD index is falling with full force so, that is also positive for NZD USD pair. So, I will be suggesting buying entry on NZD USD pair and hope that it will get good profit.
#19 - January 01, 2021, 05:49:09 AM
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Black Dollar

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As you can see in hour four chart time frame price has been close above this support level I have drawn on the chart support and resistance level. Last days market price has been close above the horizontal support level, it's possible now the price of EUR GBP  could be moved upward. You need a wait for confirmation also you focus on the EUR INDEX then you can get confirmation about this pair. Hopefully approximately to my exercise price will move up from this support level and would be to test the upper resistance level which I have also highlighted on the chart. So you can take a buy trade on the EUR GBP pair when open and price move up from this level set your take profit level at 0.9005 and put the stop loss below this support level at 0.8924. Another hand if the price of EUR GBP breaks this support level and moves down then you can take a sell trade and set the take profit level at bottom line also had a mention on the chart which is located at 0.8870 and put the negative target at above this support level at 0.8935. Overall EUR GBP looks to be bullish, and I hope it will move upward.
#20 - January 02, 2021, 09:46:48 AM
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Black Dollar

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EUR CAD price moves in a bullish trend channel from a very long time ago as you can see the assessment of EUR CAD in hour four chart time frame and price has been close in mid of this bullish trend channel. Approximately to my examine EUR CAD price will move down and would be testing the support level of this bullish trend channel and then will rise from this support level, so you can take a sell trade for a short time and then buy from the bottom of this support level and set the take profit level of upper resistance line at 1.5739, set the stop loss at below of this support trend level at 1.5477.
#21 - January 02, 2021, 09:48:19 AM
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Black Dollar

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The price of GBP JPY has been close in harder situations as you can see, if you exercise the market you will see the price of GBP JPY has been trapped, So according to my technical point of view, GBP JPY  will move upwardly. You can see my attachment GBP JPY price has been to break this resistance level of 140.247 and now daily candle close above this level, hopefully, GBP JPY price will test this level and then again will move up, you can take a buy trade on GBP JPY set the positive target at the next resistance level which I have highlighted on the chart 142.68. If GBP JPY breaks this resistance level then you can move your profit target to the next resistance level which is located at 145.02. Hopefully, GBP JPY  will test the highest level.
#22 - January 03, 2021, 05:01:24 AM
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Black Dollar

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AUD JPY price is moving in the bullish trend, and you could see the rejection of the price. So according to the technical point of view, you can take a sell trade on this pair and set the take profit at the support level which I have highlighted on the chart 78.81. Put the stop loss at above the resistance level at just a few pips above 78.83. Hopefully, AUD JPY price will test our take profit level. So my wishes for all of you have a great Sunday.
#23 - January 03, 2021, 05:07:10 AM
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Black Dollar

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Gold is about to end the year with a bullish bias, testing the $1900 barrier, supported by a US dollar decline. It gained 22% over the year and hit a record high at $2075 back in August. It then pulled back, hitting levels under $1800. The rally of XAU/USD from the November low near $1760 faces a strong resistance at $1900. A break above could open the doors to more gain. The daily chart points to the upside in gold, but while below $1900, gains are seen as limited. A slide under $1875 would weaken the outlook. In December, the metal rose more than 6% after falling during the previous four months on a correction from record-high levels. It resumed the upside and consolidated 2020 gains. It is the best year for gold since 2010.
#24 - January 03, 2021, 06:17:17 AM
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Black Dollar

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GBP/USD is finishing the year on the front foot, with the pair crossing above the 1.3650 mark for the first time since May 2018 and printing highs during the European morning session in the 1.3680s. No particular news or theme is behind the upside, as sterling traders continue to juggle the themes of Covid-19 spread and lockdowns (will the UK go into national lockdown in January), vaccine distribution (how quickly can the UK achieve herd immunity) and Brexit (though a bare-bones deal has been agreed and no deal avoided, what next for the UK’s service sector, for which nothing has yet been agreed).

Month, quarter and year-end portfolio flows appear to again be distorting the price action on the final trading day of the year; amid a lack of any catalysts, EUR is the G10’s underperforming currency, which is holding the Dollar Index flat (EUR/USD makes up 50% of the basket of USD major exchange rates that make up the index), though the USD is underperforming versus the majority of its major counterparts. GBP is one beneficiary of the weaker US dollar. Over the coming hours, trading conditions are likely to significantly die down given market participants leaving early for New Year’s Eve celebrations.
#25 - January 03, 2021, 06:20:36 AM
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Black Dollar

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Bulls will get discouraged if the pair loses the 1.2000 threshold, but won’t give up unless the pair falls below 1.1600 in the first quarter of the year, as it will return to levels below the long-term trend line," says FX Street Chief Analyst Valeria Bernardo. In such a case, lower lows will come into play, with the pair poised to extend its decline towards 1.0351, the multi-decade low posted in December 2016.
#26 - January 03, 2021, 06:23:32 AM
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Black Dollar

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XAU USD  price open with bullish pressure, and you can see the price has been break the resistance level of 1900, in hour four chart time frames you could see also a bullish gap, so according to technical sequences price will move and would be a full gap, so  I am also waiting for this opportunity when  XAU USD  price move down and would be testing the 1900 leveller than you can take a buy trade on  XAU USD  and set the take profit level at 1940, putting the stop loss at 1880. Hopefully, XAU USD  will move upward strongly, so good luck all of you have a great day.
#27 - January 04, 2021, 03:56:58 AM
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Black Dollar

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EUR USD moved in a bullish trend channel last week in hour four chart time frame price has been close above the support trend line, I thought the price of  EUR USD  will break this support trend line and will move down, But currently, EUR USD I don't think so will move down.

EUR USD  looks to be bullish, and you can take a buy trade on this pair for the short term, buy from the support level which I have a highlighted on the chart and set the take profit level of this trade at the resistance trend line of this bullish trend channel at 1.2363, put the stop loss below of this support level at 1.2198. I hope EUR USD will test the highest level, and then it could be moved down.
#28 - January 04, 2021, 04:02:13 AM
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fragile

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Quote from: Black Dollar on December 31, 2020, 11:08:37 AM
The USD index was definitely giving a huge drop down since the last few weeks.
If we can see the index which was very much stable at 94.00 but after the negative news and USA election time index is getting weaker now. I think the price of USD index might drop more below 88.96 is the next target level. As we can see 103.00 was the highest price level earlier of this year but day by day USD condition is getting weaker.
Usdjpy is down trend will ho more down best to sell. 
#29 - January 04, 2021, 10:43:50 AM
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fragile

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EURusd is in strong bullish trend and will go Uo more best to buy.
#30 - January 04, 2021, 10:45:58 AM
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« Last Edit: January 04, 2021, 01:56:20 PM by Admin »
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