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18/05/2023

XAU/USD OUTLOOK ON 4H time frame

GOLD break the bearish channel on major time frame like 4h and d1 so be careful about your bullish entries if you already stucked then you should exit in retracement bcoz I can clearly see GOLD ON 1880 so be careful do not buy gold it could be a risky decission trade your portfolio according to the trend if gold do not break the current support area 1975 then we can get a relief move in buy

18/05/2023

GBP/JPY complete it's C wave now it can move to complete it's D wave

18/05/2023

*EUR/JPY fails to break 149.29, may retreat toward strong support at 148.06 as the Yen licks its wounds*

Resistance is holding – the 149.29 line, which capped EUR/JPY last week, has held up against an attack from the bulls. The cross is now retreating, with support at 148.68 and 148.06 and 147.12. Resistance above 149.29 is at 149.94 and 150.38.

While the trend remains to the upside, there is room for further downside after that rejection, and as the Yen recoevrs from previous falls. US yields may climb down, dragging USD/JPY and other Yen crosses down. US jobless claims may alleviate fears of an upcoming recession.

All in all, this cross is highly volatile, and it may swing back down.

18/05/2023

EUR/AUD 4H OUTLOOK presenting 3 rising valleys so it can move a little bit in upword so exit the entry with a little bit profit

18/05/2023

USDJPY Technical outlook on H4 time frame

18/05/2023

GBPCHF Technical outlook on H4 time frame