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BRENT - strong upward trend

Woolf Posted 26 Nov. as Analysis on BRENT.CMD/USD, Target: 67, Date: 2nd of January, 12:00 GMT  in #Technical analysis #USD #Uptrend #Brent CMD/USD #Brent
WEEKLY CHART
DAILY CHART
TREND:
 short term (from June 2017) - market is upward trend

RANGE:
short term (from June 2017) - 45 - 63,50

RESISTANCE:
64,00
67,00
70,00

SUPPORT:
61,30
60,50
57,60

ANALYSIS:
Looking on weekly and daily chart we can see that market is very strong upward trend. The trend is strong enough to easily overcome the downside gap from July 2015 (green rectangle on weekly chart). In addition the current increase from June 2017 is broken with small adjustments. I expect…
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XAU/USD - upward trend

Woolf Posted 25 Nov. as Analysis on XAU/USD, Target: 1220, Date: 2nd of January, 12:00 GMT  in #Technical analysis #USD #XAU #Trend #Consolidation #XAU/USD #Xauusd #Uptrend #Upward
WEEKLY CHART
DAILY CHART
TREND:
short term (form September) - market is in consolidation
long term (from December 2015) - market is uptrend

RANGE:
short term (form September) - 1260 - 1310
long term (from December 2015) - 1055 - 1370

RESISTANCE:
1294
1304
1310

SUPPORT:
1267
1254
1210

ANALYSIS:
Looking at daily chart the market is moving in consolidation drawing triangle. Another thing is falling gap from 11.09.2017. As I drown dotted red line I expect that market will fall at 1…
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EUR/USD - will continue rising?

Woolf Posted 21 Nov. as Analysis on EUR/USD, Target: 1.1739, Date: 2nd of January, 12:00 GMT  in #Technical analysis #EUR #USD #Eurusd #Wedge #EUR/USD #Uptrend
TREND:
 short term (form September 2017) - market is downward trend
long term (from March 2017) - market is upward trend

RANGE:
short term (form September 2017) - 1,2100 - 1,1550
long term (from March 2017) - 1,2100 - 1,0500

RESISTANCE:
1,1860
1,1950
1,2050

SUPPORT:
1,1710
1,1520
1,1400
Daily chart
Weekly chart
 Making a forecast on EUR/USD has given me two problems. First, the market is in the downward trend since the beginning of September but another hand as we see on the Weekly c…
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1 Comments
Woolf avatar
Woolf 23 Nov.

Now EUR/USD realise positive scenario but the market is a below of resistance area.

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