Advertisement
Advertisement

Market Technical Analysis – EUR/USD, EUR/JPY, GOLD

By:
Tomasz Wiśniewski
Published: Apr 7, 2017, 14:56 UTC

Video Topics Missile attack helped save heaven assets. Gold advanced sharply making new mid-term high. Before the NFP the price is kept relatively high

Market Technical Analysis - EUR/USD, EUR/JPY, GOLD

Video Topics

  • Missile attack helped save heaven assets. Gold advanced sharply making new mid-term high. Before the NFP the price is kept relatively high with a potential for a further upswing. The closest target is the 1275 USD/oz, where the next important resistance is (dynamic created by connecting recent lower highs)
  • EURUSD for the whole week was in a boring sideways trend and we all are waiting for the NFP to bring some volatility in our lives. Price being inside of a sideways trend is always a good opportunity for the breakout traders so ahead of the NFP they have to be extra sharp.
  • EURJPY is defending a long-term up trendline. So far we do have three long tails but the pressure rises and the breakout is very probable. Price making a lower low here will be definitely a sell signal and a very important one.

About the Author

During his career, Tomasz has held over 400 webinars, live seminars and lectures across Poland. He is also an academic lecturer at Kozminski University. In his previous work, Tomasz initiated live trading programs, where he traded on real accounts, showing his transactions, providing signals and special webinars for his clients.

Did you find this article useful?

Advertisement