Signals For 27/05/2020
Signals 27/05
Hello my friends, today we will be looking at signals for the nearest trading session. I am once again going to be sharing my top seven trading ideas with you.
First let’s see how yesterday’s ideas worked out.
We started with EURUSD, I recommended that you look for a pullback and then long. The pullback was a bit harsher than I thought, but the idea is still very much functional.
GBPUSD – I also expected a pullback, but the price went up a bit more than I thought, and now a pullback is finally forming. I’d say the idea didn’t work out.
USDCAD – I said that if the price holds below 1.39, enter a short, first target will be 1.3860, which the price hit quite nicely.
AUDUSD – I expected a pullback till 0.66. There was a false breakout, and I think the idea’s still work, so if you’re in a position, just wait a bit.
Gold – I said if price holds below 1730, that’s a short, which worked out very well
Oil – I expected a bounce from 34.50, with a target at 31.50, which still works.
S&P 500 – I expected a pullback, and then a long entry, which worked out great.
That’s it for yesterday, let’s move on to today’s signals.
We’ll start with EURUSD. I expect the price going up to a level at 1.10, 30% probability that the price might hold below the support at 1.095, then you can short.
GBP - Once again, the same picture, if the price holds below 1.2310, you should short, but if it holds above, you long till 1.24
USDCAD – I can see an important range, 1.37 - 1.38, and it’s interesting to see how the price will react. I expect a bullish scenario, I think the price will either break out with an impulse, then form a pullback, which will be our entry, and it might also breakout at the bottom, and then pullback inside the range and only then go up, my first target will be 1.3860.
AUDUSD – I keep to my words, the price should fall down from the level and my first target will be around 0.66
Gold – The price is around an important support level, around 1700. If the price forms a reversal model, you should long, but there’s a chance the price holds below the level, and that’s a short scenario
Oil – I still feel like it’s going to fall so yesterday’s idea still works, my first goal will be 31.50
S&P 500 – I’m still bullish, I think the price will go up till 3040.
Well, that's about it for today. I hope this helps you in the market.
Best of luck and have a nice day.
Hello my friends, today we will be looking at signals for the nearest trading session. I am once again going to be sharing my top seven trading ideas with you.
First let’s see how yesterday’s ideas worked out.
We started with EURUSD, I recommended that you look for a pullback and then long. The pullback was a bit harsher than I thought, but the idea is still very much functional.
GBPUSD – I also expected a pullback, but the price went up a bit more than I thought, and now a pullback is finally forming. I’d say the idea didn’t work out.
USDCAD – I said that if the price holds below 1.39, enter a short, first target will be 1.3860, which the price hit quite nicely.
AUDUSD – I expected a pullback till 0.66. There was a false breakout, and I think the idea’s still work, so if you’re in a position, just wait a bit.
Gold – I said if price holds below 1730, that’s a short, which worked out very well
Oil – I expected a bounce from 34.50, with a target at 31.50, which still works.
S&P 500 – I expected a pullback, and then a long entry, which worked out great.
That’s it for yesterday, let’s move on to today’s signals.
We’ll start with EURUSD. I expect the price going up to a level at 1.10, 30% probability that the price might hold below the support at 1.095, then you can short.
GBP - Once again, the same picture, if the price holds below 1.2310, you should short, but if it holds above, you long till 1.24
USDCAD – I can see an important range, 1.37 - 1.38, and it’s interesting to see how the price will react. I expect a bullish scenario, I think the price will either break out with an impulse, then form a pullback, which will be our entry, and it might also breakout at the bottom, and then pullback inside the range and only then go up, my first target will be 1.3860.
AUDUSD – I keep to my words, the price should fall down from the level and my first target will be around 0.66
Gold – The price is around an important support level, around 1700. If the price forms a reversal model, you should long, but there’s a chance the price holds below the level, and that’s a short scenario
Oil – I still feel like it’s going to fall so yesterday’s idea still works, my first goal will be 31.50
S&P 500 – I’m still bullish, I think the price will go up till 3040.
Well, that's about it for today. I hope this helps you in the market.
Best of luck and have a nice day.
Penafian
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