Only charts

Usd/jpy will break and stabilize above 112¥ anytime soon. The pair has found decent support around 110.60¥ .and has been building bullish sentiment over the last few trading session.  The pair made a low today @ 111.65¥ and a high of 112.26¥. The trade tensions between united states and China and the tariffs war is the definitely headlines everyone watching for . however , as I believe strongly in technical analysis as the king , then we should see news that will help the dollar rally against Japanese yen soon. First Long term target is definitely around 115¥

Eur/usd crashed on friday from 1.1720$ to 1.1620$ , a 100 pips slide. The support at 1.1660$ did not hold and now last area of support is being tested which is 1.1610$ If broken , the pair will be extremely bearish and we will certainly visit 1.1440$ next week. The sentiment is now bearish and weekly close is terrible and will put alot of pressure on the Monday trading and a break of 1.16$ may fulfil true and then we will head to 1.1565$ again. I don't recommend going long now as the pair is never able to stay steady above 1.17$

WTI , crashed from 69.85$ earlier this morning to 69.10$ in just one hour . where it found support. The pair faces strong resistance at 69.85$ , if broken , it will have room towards 70.25$ maximum , however a break below 69.20$ will bring 68.50$ to attention then 67.85$ The main look remains bearish , stay short as long as we are below 69.85$ , it is currently trading at 69.56$ where it faces some resistance and might reverse lower again. You can add short position if we managed to reach 70.25$ ..however , i dont see any chance for a revisit to this area again anytime soon.

Gold is unable to close above 1200$ , unable to keep any gains . now trading at 1193$ , yesterdays low was 1187$ , it has more room to 1178$ before it can rebound again. . Any break below 1178$ , will open the road for the breaking the famous 1160$ and increase the probability of breaking below 1000$ .. Key level here 1160$ ...if broken , gold will definitely get below 1000$ in few weeks. 1178$ is the last defense line before 1160$ . Next resistance 1196$ , if broken , we will definitely regain bullish stance. My recommendation is selling at current level 1193$

The pair is currently trading at 1.1575$ , daily high during asian session was 1.1607$ . The pair currently has strong resistance at 1.1685$ , you can short the pair now with stoploss on the event of an hourly candle close above the resistance. The next support for the pair is 1.1525$ , it might get broken as well. Follow me for updates on this trade and more.

GBP/USD rallied over night from 1.3020$ to 1.3085$ and currently trading at 1.3057$ . Any reversal for the pair will have the pair supported at 1.2975$ , the pair will be still bullish over this area and it is recommended to buy any dip for the sterling , however be careful as the volatility is expected to continue over the coming 2 weeks. " i believe it will more bullish than bearish and we will visit 1.32$ soon" I advised a long trade last Friday at 1.2950$ . Keep following for updates and for trade recommendations , my twitter handle : @b4borio

Eurusd is trading currently at 1.1635$ , up almost 50 pips from last night close. As recommended earlier last friday , long the euro to 1.20$ , however I will be advising short term trades as well , all of them will be on the buy side ofcourse , because you can not against the flow. Keep following for updates. The low on the day is 1.1578$ , high is 1.1645$ , the pair is currently testing a bearish trendline and it has to be broken before the euro continues its rally towards 1.20$ Next strong resistance is 1.1740$ which acted as 4 tops , and we have strong support at 1.1540$ .... Maybe we will trade the 200 pips for one more round but i really doubt it . I expect tge break of 1.1740$ next time it is gonna be tested.

Gbpusd still under pressure and will stay as long as brexit deal is not made. The pair is currently trading at 1.2910$ after rallying on Friday to 1.3020$ ... Looks like we will visit 1.2860$ again , that probability is not yet rolled out . Resistance now lies at 1.2975$ and support at 1.2860$ . Follow me for more updates on sterling . I am gonna advise a position today. FORMER BREXIT JUNIOR MINISTER STEVE BAKER SAYS AT LEAST 80 BRITISH CONSERVATIVE LAWMAKERS ARE PREPARED TO VOTE DOWN THE CHEQUERS PLAN IN PARLIAMENT - PRESS ASSOCIATION

Etherum , the second most popular crypto currency after bitcoin and the platform for smart contracts technology slid from 300$ to 184$ at the time of writing this post. The fall took just 48 hours or so. However , there is a bullish divergence on the RSI ( relative strength index) and it says that etherum might recover sooner than we think. Current area is a good one to get long and start adding more if we get to 85$ ...because finally , we will get back to 300$ atleast at year end. So you may double your money on that trade. It is just a game of wait and see . Financial markets are all about timing. Remember to follow me for updates on this trade and more . keep checking the blog or simply subscribe by email to get the updates . My twitter handle : @b4borio

The first and most popular crypto currency , bitcoin is sliding below the last line of support 6300$ ,now trading at 6170$ . Honestly i was terribly bullish on bitcoin and I was seeing 13000$ as year end target. However that fall from 7500$ to 6200$ is a very bearish sign and there is no sign of even short term recovery. So , the target now would be 3000$ It is recommended to liquidate to tether until it is very clear if we are keeping the slide or recovering again over 7000$.

Bitcoin is currently trading at 6400$ slightly over the horizontal support area at 6300$ . Rsi (relative strength index) is showing positive signal trending higher on the 1h chart. Buy at current levels with target 6700$ atleast. Follow me for more updates on trading crypto and fiat currencies. My twitter handle : @b4borio

RSI (Relative strength index) is signaling support for the pair as show in below chart. The pair is also still supported with the famous 1.1560$ , which has proven to be the toughest resistance of all time , now turned into support. I am still recommending to buy eurusd for a big rally. Dont close this long trade with loss unless we break below support decisively. Follow me for updates on this trade and more . My twitter handle :@b4borio

The pair reversed from 1.1562 to 1.1594$ , however it couldnt keep it up over 1.1580$ and now trading below it. This is not a good sign for our trade , so lets keep an eye on this trade and follow up for updates .

Euro will reverse its loss after the release of NFP report. Euro currently trading at 1.1580$ , earlier post i recommended buying eurusd at 1.1570$ and gbpusd at 1.12950$ The pair to 1.1560$ after the report and will probable end the day higher. 1.1560$ is proving to be a strong support for the pair and I still expect a big rally for the pair soon.

Gbpusd tumbled almost 50 pips after the release of NFP data , it says that 200k jobs added in august vs 190k expected . Dow fell 100 points as a dump in wages raged the fear of more rate hikes in near future. Dollar rallied against major pairs after the news. However , I am still not convinced with this move and I am sure it will be reversed soon. Buckle and buy gbpusd now at 1.2950$ and eurusd at 1.1570$ ... Keep following for updates

Non farm payroll report will be released today at 12:30 GMT. Among , the data which will be released is the unemployment rate. The data is very critical for the direction of the USD for the coming period. My technical analysis for GBPUSD , EURUSD says the data will not be in favor for the USD. IT says the market will be terribly bearish for the USD and we might see a huge rally in eur/usd today and next week , possibly targeting 1.20 level again. Keep following for updates and lets see where the markets are going. follow me on twitter for fast updates on the markets and keep checking the blog for trading recommendations. Trading recommendations will be published shortly after the release of the data. My twitter handle is :@b4borio

Maybe in medium term , we will see gbpusd trading at 1.32$ levels again. And in short term , the pair is still supported and maintaining the bullish look after its recent correction to 1.3030$ The pair still didnt fill the gap ,and as previously advised in previous post , it is recommended to go long at current level 1.2880$ area.

The pair has reversed sharply from 1.1740$ to 1.1580$ . The pair is showing some strength at this area. The pair is firm and trading at 1.1614$ currently with next resistance at 1.1640$ area. So keep in mind those levels 1.1580$ and 1.1640$ acting as support and resistance respectively. Below 1.1580$ , the pair would be extremely bearish while bullish above 1.1640$ area. I recommend not taking any position now and waiting for the pair to trade at any of those areas and initiate a long or short position near the support and resistance respectively. Remember , Dont rush into trading , wait for a good opportunity and maintain a stop loss and risk reward ratio.

Gbpusd opened lower with a gap almost 40 pips , currently trading at 1.2914$ ... The pair has strong support at 1.2885-1.2905$ area. You can long the pair at that area targeting a close of the gap. Ofcourse , the pair is down on the latest brexit news from the weekend. Brexit talks and the single market deal will stay as a catalyst for the pair. It is recommended to go long anywhere near current levels . Technically , The pair will turn strongly bullish after breaking 1.3020$ area on the 4h chart.

Early indication for monday forex prices ; Eur/usd 1.1604 Gbpusd 1.2944 Uscad : 1.3070 "Gap up" Thin liquidity prevails on monday as us markets are on vacation .