Fractal analysis for GOLD on August 13

Forecast for August 13: Analytical review on the scale of H1: For Gold, the key levels on the scale of H1 are: 1224.43, 1219.21, 1214.61, 1211.58, 1206.05, 1202.29, 1197.59 and 1194.35. Here, the situation is in an equilibrium state. The continuation of the movement downwards is expected after the breakdown of 1206.05. In this case, […]

Trading plan for 13/08/2018

On Monday, the 13th of August 2018, the event calendar is light in important data releases, only Gross Domestic Product data form Italy is to be posted. No scheduled speeches as well. Holiday season at its peak. USD/TRY analysis for 13/08/2018: The crisis in Turkey is a bad sign for the entire global economy because […]

BITCOIN Analysis for August 13, 2018

Bitcoin has been ranging between $6,000 to $6,500 area for a few days now while being quite volatile inside the area as well. The bearish pressure has been quite impulsive earlier which took the price to the ZERO point from where the earlier bullish move took place to push the price higher. The price has […]

Bitcoin analysis for 13/08/2018

The Chilean Crypto stock exchange Crypto MKT recently announced that its citizens can now buy products and services for cryptocurrencies from more than 5,000 traders thanks to the new integration with the cryptographic payment processor. According to the announcement, the partnership between Crypto MKT and online payment platform has enabled sellers to add cryptocurrency […]

GBP/AUD Approaching Resistance, Prepare For Reversal!

GPD/AUD is approaching its resistance at 1.7666 (61.8% Fibonacci extension, 50% & 23.6% Fibonacci retracement, horizontal pullback resistance) where a reversal to its support at 1.7303 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal swing low support) is expected. Stochastic (89, 5, 3) is approaching its resistance at 94% where a corresponding drop is expected. GBP/AUD […]