Seems to me that we have the top now and need to retest the support zone atleast above 1600. This should be a sideways market after that till maybe april/may. We should also see a buying opportunity at the support zone within the time period.


@saxy4c the gap is closed

PipMarshall:

AUDCHF

Based on logistics...
My model says Buy to sell.
About to correct.

AUDCHF

Sell at 0.64959

Enjoy the trading day you all, Gold really did great from late yesterday till now, very busy and will be commenting when ever I'm chanced, likely a busy week.

meshpips:


AUDCHF

Sell at 0.64959

Beware of d sell because there's a bullish divergence, unless u r looking for 30-40pips which is good though, Good luck.

Blackeuropean:
Enjoy the trading day you all, Gold really did great from late yesterday till now, very busy and will be commenting when ever I'm chanced, likely a buspy week.

Bros how China na, hope corona virius never reach where u dey, long time.

djwalata:

Beware of d sell because there's a bullish divergence, unless u r looking for 30-40pips which is good though, Good luck.

It may sell because the corrective waves ABCjust completrd

GU selling on 1.29400

Even Gold dey respect this cross over

djwalata:

Beware of d sell because there's a bullish divergence, unless u r looking for 30-40pips which is good though, Good luck.

It should find buyers again around 0.6439 and this time the buy can be held for a few weeks.

AUDCHF is looking good to buy

ncpat:
AUDCHF is looking good to buy

Your TP is at the same level I expect sellers to kick in.

Blackeuropean:
GU selling on 1.29400

I prefer 1.2977

Reason: re-test of the back side of a previously broken trend line on H1 and lies in confluence with an untested horizontal resistance.

meshpips:


It should find buyers again around 0.6439 and this time the buy can be held for a few weeks.

Just the current situation I trade on, weekend gap on Gold made trading this week very lazy expecially for me, I did not see that coming, was very exited that till after close, I checked put and sold gold till this morning, so profits on two days ok for us this whole week, currently checking out oil.

Another good instrument if you have liquidity is this

Who the fvck said usdjpy was going bearish

vcente:
Who the fvck said usdjpy was going bearish

Whoever said it maybe right though, that pair too slow

Blackeuropean:


Whoever said it maybe right though, that pair too slow

yea hit my sl just now though

ncpat:
Even Gold dey respect this cross over

i was curious so i used your ema and sma yesterday on gold 1H and i so what you were seeing when price trends. especially that 7 ema, when a wick rejects it in a trending market it moves good.

GBPUSD is a confusing one..
I was bearish last week.

But now.. Not so sure.
A close above the upper green line..
I might as well attempt longs.

Plus EURGBP looks bullish

meshpips:


AUDCHF

Sell at 0.64959

Hmmn..

I think I will just risk and hold my position.

Probably tighten the stop.

Lucy001:


Bros how China na, hope corona virius never reach where u dey, long time.

You guys are wicked

The way am seeing gbpusd, it might end up a long thing for a long time just like the way gold sky rocketed upside last week.

peteregwu:


You guys are wicked

What is funny? Bros dey China na....

https://twitter.com/BudgITng/status/1230533359555743744
[img]https://twitter.com/BudgITng/status/1230533359555743744/photo/1[/img]

https://thenationonlineng.net/cbn-sets-dollar-deposit-withdrawal-rules-for-customers/
CBN sets dollar deposit, withdrawal rules for customers

The Central Bank of Nigeria (CBN) on Sunday said customers can deposit dollars into their domiciliary accounts but are not allowed to transfer such funds to another party.

https://thenationonlineng.net/imf-urges-cbn-to-end-forex-intervention/
IMF urges CBN to end forex intervention

It advised the Central Bank of Nigeria (CBN) to stop defending the naira through dollar interventions and adopt a unified exchange rate regime.

https://punchng.com/eca-nigerian-economy-vulnerable-to-shocks-says-world-bank/
ECA: Nigerian economy vulnerable to shocks, says World Bank

The Nigerian economy has become more vulnerable to shocks as a result of the depletion of the Excess Crude Account, according to the World Bank.

One thing is obvious: The CBN does not have enough dollars to keep defending the naira and with the IMF asking CBN to stop forex intervention, it means some people are already in play to short the naira big time just like in the movie BILLIONS. The statistics are right, the propaganda ongoing.

Can you guess what this means for dollar earners?

Spambot be dealing with me on this forum. Gold doing some correction, I'm off trading today, but if you are on Gold, sell should be a good deal from current price 1649, please with stoploss and target 1636, that is if you are not scalping.

PipMarshall:
GBPUSD is a confusing one..
I was bearish last week.

But now.. Not so sure.
A close above the upper green line..
I might as well attempt longs.

Plus EURGBP looks bullish

GBPUSD is preparing for hard fall



Sell GBPUSD at current price
Stop loss:1.29885

NZDJPY should rise from this level. Projected TP is around 71.00.

There is rage currently in the market

jammer777:
NZDJPY should rise from this level. Projected TP is around 71.00.

Do you think it will rise?
It just broke a major support thats been holding for over 3 weeks.

The place EURUSD is right now, I think is the big test of whether iits bullish or the bears will continue!

meshpips:


Your TP is at the same level I expect sellers to kick in.

Yeah got to close the trade