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Euro is targeting 1.1530$

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$

Usdjpy is ready for a rally

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¥

Euro heading again to 1.1565$?

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 bearish below 69.85$

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.

XAU/USD (GOLD) targeting 1178$

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$

EUR/USD is probably falling again

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.