Only charts

Here is the currencies forecast for 2019 from nordea bank :

Merkel, said after meeting british prime minister , theresa may , that there will be no more negotiations regarding brexit deal. That priece of news was enough to send both euro and sterling down more than 50 pips each. Eur/usd fell from 1.1370$ area to 1.1320$ and Gbp/usd fell from 1.2615$ to 1.2550$ area. Both are now sitting on critical support area which I think may hold strong . Eur/usd has been trading in a range for more than 2 weeks now from 1.1320$ to 1.1420$ , so a rising trendline and low of the range will provide support for the euro recovery . if failed to hold , there will mounting pressure on euro which will send the pair to 1.1120$ . while on the upside , 1.1360$ will be first resistance area for any rally followed by 1.1420$ . 

Eur/usd is trying to break above 1.1425$ area , bound by the strong bearish trendline , a break and close above the trendline will clear the way for testing .11520$ area followed by 1.1670$ if cleared..on the downside , euro is strongly supported near 1.13$ mark. Euro is currently trading at 1.1425$ with low at 1.1389$ , high at 1.1445$ .  Make sure not use excess leverage and buy any dip for the pair to 1.1330$

gold , the precious recovered sharply from 1212$ area to trade currently at 1228$ , as recommended earlier , I advised buying xau/usd at 1218$ for target 1226$ . Now it is breaking a bearish trendline and is probably heading smoothly towards 1233$ . It is recommended to buy any dip  in gold and hold until it reaches 1250$ area.

Do you think gold has bottomed at 1196$ ?! definitely , and its first resistance area to break is the 1235$ . The rally from 1196$ to 1223$ at the time of writing is technical driven , however the catalyst was brexit deal news , cabinet support and ministers resignation. Would that rally vaporize anytime soon?! Nooo...big no , for real. Soon enough we will see 1250$ . dont get trapped shorting the precious metal before 1500$ is seen ... Be a friend to the trend if you wanna make some money trading gold in 2019.

The pair has reversed sharply from the tough resistance zone at 1.3165$ . I did recommend a short there on my twitter account " @b4borio " . Now , the pair is trading at early 1.30$ , is it going to break? or pull back upwards. what i see here , is we are still in a correction and the pair is going to rally again. So , where do we buy it? Simple as it is on the chart , we have a chance now at this level which corresponds to 78% fibonnaci retracement. you can long the pair from here and you would quit on a close below. Your target would be around 1.3060$ You are free to share your thoughts below in the comments area , also if you have questions , I would definitely like to help.

Today , we have several setups crystal clear , here are : Buy usdcad 1.2973 with target 1.31 , sl close below 1.2950 Sell xauusd "gold" at 1230$ , target 1223$ , sl close above 1237$ Sell #gbpusd at 1.3204$ , target 1.3120$ , sl close above 1.3220$

A simple 5min chart showing a very strong trend supported the rally for the pair . From 1.1440 to 1.1610$ Trend broken Fibonnaci levels in work short the pair till 1.1505$

GBP/USD triple bottom at 1.3184$ Double Top at 1.3240$ which one is gonna break first? I will be a seller at 1.3208$

WTI oil has fallen sharply on Thursday from 77$ to 74$ .. And it is currently trading shy of 75$ . On RSI , the commodity is set for reversing now from current level at 74.90$ and probably targeting 73.20$ Also , WTI has fallen back into the rising channel and now testing the upper trend line of the channel. So your tp is at channel bottom while sl is on hourly close above the channel top.

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.

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 .

Usdcad broke the resistance at 1.3130 and now trading at 1.32 , the pair is trading in an upper rising channel. It could hit the upper side of the channel at 1.3270 this week and start a correction from there. If you are short usdcad and in a losing position , you can wait for the correction which might get as low as 1.3050. My previous analysis for the pair turned out to be wrong .

Tomorrow , Thursday , is the day you sell usdcad at whatever level you want. Probably at 1.3030-3130 , i know this is a big range , but it will pay off hugely . The fed raised and there is still scope for 2 more hikes this year. There will be some dollar strength of course today and tomorrow before we see a reversal Shortly , i will post a recommendation for trading usdjpy as well.

The pair is getting close to our short entry area , 1.1780$ , you can short $eurusd at this area targeting 1.1675-95$ area. Keep following for updates .

Aussie (AUD/USD) is not able to close above .7620$ despite its upside attempts. On Tuesday , the pair has initiated a reversal , a bearish one and will probably continue sliding during the coming sessions with busy economic schedule and releases coming on Thursday and Friday. Technically speaking , the pair is still capped by 0.77$ mark creating triple top , and still supported around 0.73$ , I am Favoring a decline to break the 0.73$ mark , maybe the united stated GDP figure release will be the catalyst for this move. Our First support will be 0.7485$ area followed by 0.7420$ area . It is advised going short at current level with stop loss executed on daily close above 0.7620$ area. On the hourly chart, The pair is showing weakness , and nearing oversold levels at 30 mark. Follow me on twitter @b4borio for updates on this trade and more trading ideas. Feel free to contact me anytime.