GOLD: Sellers return at 1166.50, see why? GOLD M30 image Sellers have returned on the 1:1 (Blue) at 1166.50, I mentioned the importance of this Elliott Wave/Gann level in my earlier post. As long as the market stays below the 1:1 (Blue) high I ...

FXHFT - Daily Market Analysis

Aussie headed for test of 0.75000 AUDUSD Weekly image The Aussie continues to trade heavily and is set to test the 0.75000 level in the coming days, with a break and solid close below this level seeing momentum pick up on the downside. AUDUSD H4 ...

FXHFT - Daily Market Analysis

Trade update for Gold GOLD M15 image I mentioned the importance of the 1:1 (Yellow) and 23.6 Fib that coincided at 117450/75.50 in yesterdays report. Gold tested this level and began to sell off almost immediately with the market closing 85 ticks ...

FXHFT - Daily Market Analysis

Cable now pushing for stops below 1.49400 GBPUSD Daily image Cable continues to slide with a number of traders now seeing the 38.2 Fib at 1.55500 as the wave 4 in this recent run lower. Stops below 1.49400 are now looking in real trouble with a ...

FXHFT - Daily Market Analysis

Cable: Traders eying 1.53250/200 support GBPUSD Daily image Cable continues to sell off steadily since running into the 38.2 Fib resistance at 1.55500, this level could also be seen as the wave 4 in the recent run lower. GBPUSD H4 image The ...

FXHFT - Daily Market Analysis

GOLD M5 image I am looking to buy gold on this recent 1:1 (Blue) correction with a tight stop at 1213.50. My target will be the days high at 1223.00. * A 1:1 refers to a current correction being equal in length to a prior correction ABOUT REECE ...

FXHFT - Daily Market Analysis

Hi trade4eva, Glad you are enjoying what we are offering here. If you have any questions regarding the analysis or any of our services please don't hesitate to ask. Kind regards, FXHFT

FXHFT - Daily Market Analysis

Bulls still buying dips in Cable GBPUSD Daily image Cable saw heavy selling overnight on the 38.2 fib at 1.55500, this level could be seen as the wave 4 in this recent bear trend. However the 1:1 (Green) has been overbalanced and this is a strong ...

FXHFT - Daily Market Analysis

Bears return sending Aussie lower, find out why? AUDUSD H4 image The Aussie has ran into solid selling interest on the 1:1 (Light blue) and 38.2 fib that coincided at 0.79000. The market is now re testing the triangle (Yellow), if this level gives ...

FXHFT - Daily Market Analysis

Cable: Bulls take back control GBPUSD H4 image I mentioned yesterday that the bulls were likely targeting stops above the 1:1 (Green) and 23.6 Fib at 1.54800, these stops have now been cleared in early London trade. Buying intraday dips now looks ...

FXHFT - Daily Market Analysis

Cable: Bulls looking to put the bears to bed GBPUSD Daily image The 1:1 (Green) and 23.6 fib that coincide at 1.54250/750 still remains the level of most importance in Cable. As long as the market stays below this level the bears remain in ...

FXHFT - Daily Market Analysis

GOLD H4 image Gold has been trading heavily over the last several weeks even after initially finding solid buying interest on the 61.8 Fib at 1198.86. Gold has now taken out a large number of stops below the 61.8 in thin trading conditions. GOLD ...

FXHFT - Daily Market Analysis

THE PERFECT TRADE GOLD M15 image Above is a chart of gold that I posted yesterday mentioning the significance of the 1:1 (Blue) at 1210.25. The market traded in a tight range for several hours before breaking to the downside and taking out a ...

FXHFT - Daily Market Analysis

Intraday players selling GOLD, see why? GOLD H4 image I mentioned yesterday that there were likely a large number of stops sitting just below the 50 Fib at 1216.50, see here. These stops were taken out during the NY session with the market falling ...

FXHFT - Daily Market Analysis

GOLD: Smart money selling into 1224.00/25 resistance GOLD M5 image The 1:1 (Light blue) and 38.2 fib that coincided at 1224.00 that I had mentioned in my previous post, has attracted solid selling from intraday players. Some profit taking is being ...

FXHFT - Daily Market Analysis

GOLD: Bears looking to target stops below 1216.50 GOLD H4 image Medium term bears are looking to target a large number of stops that are likely sitting just below the 50 fib at 1216.50, this support level has seen some buying over the last several ...

FXHFT - Daily Market Analysis

Cable seeing decent selling at 1.54200/250 GBPUSD Daily image I mentioned last week on a number of occasions the importance of the 1:1 (Green) at 1.54200/250, you can view the analysis here. As long as the bears can continue to keep the market ...

FXHFT - Daily Market Analysis

Cable: 1.52200/250 make or break for the bears GBPUSD Daily image I mentioned earlier in the week that the bears that sold against the trend line (Pink) would be getting worried with the lack of follow through on the downside, you can view this ...

FXHFT - Daily Market Analysis

Hi raselnet, Glad you are enjoying the technical analysis that we are offering here. The Aussie did initially sell off 25 pips which was close to 2 to 1 in our favor, however the market in the end did take out this technical resistance level. There ...

FXHFT - Daily Market Analysis

Trade idea: Sell Aussie at 0.76900 AUDUSD H4 image The Aussie has continued to sell off since the bears were seen selling into the 1:1 (Light blue) and 38.2 fib at 0.78750/800, momentum has picked up on the downside today with the Employment ...

FXHFT - Daily Market Analysis