Only charts

Hi all ,  This is friday and it is better to leave your accounts clean without any open trades to start next week fresh. I have been buying gold this week anywhere near 1215-18$ and this is beacause of the chart below. You can see there is a daily trend in the make. The yellow metal has fallen almost 80$ since macron winning first round of french elections and there is a minor gap which might be filled in near future. SO I am bullish as long as we dont close below that trendline on a daily basis. On the 1h chart , there is also a trendline being made and you can go long anywhere in the area close to 1223$ . RSI is also showing a trending pattern and this is signaling a rebound to 1240$ as first target after tackling1232$... Feel free to contact me anytime.

Aussie has been sliding recently according to the concerns coming from china plus oil (WTI) slide from 54$ to 44$ . on the other hand , there was correction for USDCAD breaking a long term range and now struggling to make any further gains above 1.38 mark. Anyway , From technical analysis , The pair is making higher lows on the RSI on the 4h chart while the price is making lowers lows , which is a sign for possible correction on the horizon. Scaling to the 1h chart , you can see the pair is possibly trending. See chart below , make sure to go long /buy aud/usd when the price hits the trend-line and take profit at 0.7410 or when the RSI hits the 70 mark (overbought) level.

Usdjpy has finally found a very important support area which will recover from . The pair can find 200 daily moving average at 111.12¥ and it is very critical support area as shown below on the daily chart. The pair also can find support by trendline coming from 100¥ back in Novemeber before the surprising victory for MR....TRUMP Ok..that was it and I hope you get the idea and take your trading decisions wisely and enjoy profitable trading week.

EUR/USD is not able to close above a trend line coming down from multi year low at 1.0520$ shown below .. ALSO , the stochastic oscillator indicator is giving a bearish signal as it had made a negative convergence which happens when the pair makes a higher high while the indicator makes a lower high... Pulling back from 1.1360 $ would be a sign of further weakness to come , I would put my first target at 1.1220 , then 1.1060 before we see a break of the support trend line coming from 1.0520$ A break below this line would bring 1.0780$ to your screens again For updates on that trade and new trade ideas , follow me on twitter : @boriology Happy profitable trading for you all.