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USD/CHF
SELL:0.90000
TP1: 0.89667
TP2: 0.89351
SL: 0.90490
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GBP/AUD
BUY: 1.8240
SL 1.81000
TP 1.85000
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โโAnalytical Overview of the Main Currency Pairs on 2021.05.24
Considering the maintenance of the Fed's monetary policy and the excess of dollar activity in the US financial system, it is difficult to find a reason for the dollar index to strengthen in the near future. This situation plays in favor of the euro and other major currencies against the US dollar.
Gold sell now @ 1882.000
S.l @ 1995.000
T.p.1 @ 1872.000
T.p.2 @ 1862.000
T.p.3 @ 1852.000
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TP1, TP2, TP3 is almost done.
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CAD/CHF
The overall trend is upward. The bears are testing the 0.7392 support level. Stochastic Oscillator signals oversold conditions. Probably, the downward movement is a wave (B) of the ascending pattern of the D1 level.
Trading idea:Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.
Stop loss under the local minimum of the descending structure.
Target levels: 0.7507 & 0.7565.
<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Fibo Quantum Forex Indicator MT4 (Download Link)<a href="https://t.co/7fOTayDjIE">https://t.co/7fOTayDjIE</a></p>— FOREX IN WORLD (@forex_in_world) <a href="https://twitter.com/forex_in_world/status/1395472447609004034?ref_src=twsrc%5Etfw">May 20, 2021</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
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GBP/CHF
SELL 1.2726
TP 1.2706
TP 1.2676
TP 1.2626
SL 1.2876
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