Mihai Iacob - Forex& Gold Trading - Free Channel💰

2022-02-02 06:56:50 #Gold- Is this correction done?

As I said in my weekend analysis and also yesterday, Gold has more to fall in my opinion, and the rise from 1780 is normal after a 700+ pips fall in 3 days, BUT IS JUST A CORRECTION.
Yesterday Gold reached my sell zone and has started to roll back down and this can be a signal that the correction is over.
At this moment the price is hovering around interim support and a break here would expose last week's low
A drop to 1780 again would give a high probability of a lower high in place and call for continuation to the downside with a next target at 1755-1760 zone

As I said in my previous analyzes, I will remain bearish in medium-term as long as the price is under 1830 Open / Comment

2022-02-02 06:25:55 Will Dow fall to 27k this year?

My outlook for the stock markets this year is bearish and, in fact, I have expected a fall for around 6 months now. Although it didn't happen, YET, let's try to see the bigger picture and understand what's happening.

For the past 9 months, Dow30 was trading in a range. You may argue that we have higher highs in place, but this, in my opinion, is window dressing. In fact, Dow was trading at an average of 35500. Yes, indeed, 34k support held for 6 times, but recoveries after touching it are anemic, highs are marginal and this support held not because there was much buying power there, just lack of selling by big players.

My true opinion is that in this past 9 months we have had a large distribution, when " they" are done distributing is hard to say though...

In conclusion, I expect a drop for Dow (and indices in general) this year, and my target is 27k Open / Comment

2022-02-02 05:11:07 #UsdJpy- Lower high in place

After a bearish Pin Bar in 115.50 zone resistance followed by another bearish long-tailed rejection candle, UsdJpy has dropped under the important 115 figure.
At this moment we can consider that a lower high is in place and expect continuation to the downside.
Rallies above 115 should be sold and bears could target 112.50 support zone .
A daily close above 115.50 would negate this scenario Open / Comment

2022-02-01 10:40:49 #EurGbp can rise to resistance

EurGbp seems to have found support in the 0.83 area and yesterday confirmed this level once more.
A new leg up is possible in the case of this pair and a visit to 0.8420 resistance.
I favor buy trades as long as 0.83 is intact

If you want clear signals, with entry point, SL, TP and constant updates for ongoing trades, JOIN PREMIUM CHANNEL!

150EUR for 3 Months access
350EUR for Lifetime access

More info:

https://t.me/IacobMihai

Telegram
Mihai Iacob
Forex, Gold and Crypto trader Open / Comment

2022-02-01 06:14:57 #Nasdaq100- Bulls should be careful from now on

There has been a very bad start of the year for Nasdaq (and US indices in general) with the price dropping almost 3000 points from top to bottom.
Last week the index found support and bids under 14k and now is in recovery.
In my opinion, this is just a correction and rallies above 15k should be considered good opportunities for selling.
A daily close above 16k would make me change my opinion.

If you want clear signals, with entry point, SL, TP and constant updates for ongoing trades, JOIN PREMIUM CHANNEL!

150EUR for 3 Months access
350EUR for Lifetime access

More info:

https://t.me/IacobMihai

Telegram
Mihai Iacob
Forex, Gold and Crypto trader Open / Comment

2022-02-01 05:22:04 #AudNzd- 1.08 should provide good selling opportunity

After finding strong support at 1.03 at the end of November, AudNzd has started to rise and now is approaching 1.08 strong resistance.
AudNzd is usually a range pair and I expect retracement after reaching this zone
Bears can target 1.06 support for their trades.

If you want clear signals, with entry point, SL, TP and constant updates for ongoing trades, JOIN PREMIUM CHANNEL!

150EUR for 3 Months access
350EUR for Lifetime access

More info:

https://t.me/IacobMihai

Telegram
Mihai Iacob
Forex, Gold and Crypto trader Open / Comment

2022-02-01 05:14:04 #Gold- New leg down?

As I explained in my weekend analysis, in my opinion, Gold is strongly bearish in the medium term and I expect continuation to the downside after the large weekly Bearish Engulfing .
As it was normal, after reaching 1780 support, Gold has started to correct to the upside and now is entering the sell zone.
Resistance is between 1805 and 1810 and in this zone, we should look for opportunities to sell.
Short-term traders can target 1780 followed by 1750 and a daily close above 1830 would negate this scenario.

If you want clear signals, with entry point, SL, TP and constant updates for ongoing trades, JOIN PREMIUM CHANNEL!

150EUR for 3 Months access
350EUR for Lifetime access

More info:

https://t.me/IacobMihai

Telegram
Mihai Iacob
Forex, Gold and Crypto trader Open / Comment

2022-01-31 17:35:29 #AudUsd- where to sell to join the trend?

The trend for AudUsd is clearly down and after the pair dropped to 0.7 support is in a normal rebound.
0.7100 is resistance now and here bears can sell and join the trend.
This setup is negated by a daily close above 0.72

If you want clear signals, with entry point, SL, TP and constant updates for ongoing trades, JOIN PREMIUM CHANNEL!

150EUR for 3 Months access
350EUR for Lifetime access

More info:

https://t.me/IacobMihai

Telegram
Mihai Iacob
Forex, Gold and Crypto trader Open / Comment

2022-01-31 13:18:57 #EurUsd at a very important point (very long term view)

Since 2008's all-time high at 1.6, EurUsd has put no less than 5 lower highs on our weekly chart, and 4 of them can be very precisely connected with a descending trend line .
In June 2020 we have a break above this trend line , but the pair staled and reversed from 1.22-1.23 zone
At this moment EurUsd is trading at 1.12 zone, exactly in this falling trendline and we may wonder, is this a confirmation, or the Usd has resumed its 14 years trend?
So, I will work with 2 scenarios:

1. Reversal from here and EurUsd back above 1.15 which will give me the idea that the long term trend has changed indeed and we can have up continuation above 1.23
2. EurUsd breaks back under this trend line and, in this case, it's resuming its downtrend, and this time we can expect even a drop under parity. Open / Comment

2022-01-31 11:09:29 #GbpJpy- A new leg down is probable

After reaching a high of 157.50, GbpJpy dropped pretty fast to 153 zone.
Now the pair is in recovery and, considering the flag formation from the recent bottom, continuation to the downside is probable.
155.50 is resistance and a good place to search for selling opportunities.

If you want clear signals, with entry point, SL, TP and constant updates for ongoing trades, JOIN PREMIUM CHANNEL!

150EUR for 3 Months access
350EUR for Lifetime access

More info:

https://t.me/IacobMihai

Telegram
Mihai Iacob
Forex, Gold and Crypto trader Open / Comment