Let's Trade Together - Forex, Crypto and Stocks

Oil prices slide ahead of OPEC meeting  With just a day ahead of the Organization of the Petroleum Exporting Countries (OPEC) scheduled meeting in Vienna, impromptu talks between member nations Saudi Arabia and Venezuela with nonmembers Russia and Mexico ended without announcing any kind of agreement. On top of this, signals sent by individual member nations thus far suggest there is little consensus on whether and how to reduce output and stabilize prices. Benchmark West Texas Intermediate crude for January delivery fell to USD 73.60 a barrel, while Brent crude oil dipped to USD 78 a barrel on these developments. What could be agreed  on Thursday  is stricter enforcement of the existing production quota of 30 million barrels a day. Yet this is unlikely to be enough to reverse the fall by more than 30% since June in oil prices as there are no guarantees of any production cutbacks nor it is clear how non-OPEC members will react. It looks to us as if the decline in oil pr...

Interesting Fact : GOLD (XAUUSD) Dominant bias: Bearish On Friday, November 14, 2014, Gold bounced upwards. That was a break from the equilibrium zone that was formed last week and the bounce was strong enough to threaten the existing bearish bias. In the US, Thanksgiving Day is on November 27 this year, being the 4th Thursday of November, and the unique thing about Thanksgiving is that Gold tends to rally around this period – with impressive consistency. Just check price data around Thanksgiving Day and you will see that Gold has tended to rise around the middle of November each year with the rally usually starting several trading days before Thanksgiving. Although this has not occurred every single year, it has certainly been the case for most of the past 12.

Buy EURUSD at CMP 1.2460 SL 1.2430 TP 1.2510

Buy AUDUSD at CMP .8700 SL .8670 TP .8750

Buy GBPUSD at CMP 1.5912 SL 1.5885 TP 1.5955 & 1.6000

EUR/USD moved higher  on Tuesday  but found resistance at our black downtrend line and the 50-period moving average. During the early European morning, the pair is trading fractionally below that line. A decisive move above is necessary to trigger extensions towards our 1.2535 (R1) resistance zone. The pair is not giving any clear short-term directional impulses, as shown by our 4-hour momentum studies. The RSI is on its 50 line and moving sideways, while the MACD is above its trigger line approaching the zero level. In the bigger picture, since the price structure remains lower highs and lower lows below both the 50- and the 200-day moving averages, I maintain my view that the overall outlook of EUR/USD remains negative. • Support: 1.2360 (S1), 1.2300 (S2), 1.2250 (S3). • Resistance: 1.2535 (R1), 1.2620 (R2), 1.2745 (R3) . Source : Ironfx

Buy stop GBJPY at 182.05 TP - 182.50 SL - 181.70

GBPUSD 4H

Hello All....... USDJPY looking at monthly chart it has broken the monthly resistance and it's next target will be 117... we need to look for new price action to see if we get any further sell signal