Recent content by FXHFT

Trade update for Gold GOLD M15 I mentioned the importance of the 1:1 (Yellow) and 23.6 Fib that coincided at 117450/75.50 in yesterdays report. Gold tested this level and began to sell off almost immediately with the market closing 85 ticks below the 1:1. Traders have continued to sell...

EURUSD: Bears selling into important resistance EURUSD H4 Bears have been selling into the important 1:1 (Yellow) and 23.6 fib that coincided at 1.14440. If this level can continue to attract solid selling interest the bears will look to target stops below the 1.10750 low, however a break...

AB=CD and 38.2 cap the recent run higher in Aussie AUDUSD Weekly The bears have taken out the 61.8 fib at 0.79440 but there has been limited follow through so far after the initial 100 pip dip below this level, the Aussie is seeing some profit taking now with the market back above the 61.8...