USD/JPY on the 4HR sold off before reaching the 108.00 level i was looking at for a potential sell. If price reaches the 108.00 level which was a strong support previously look for an opportunity to sell with profit target at a retest of the lows at 106.50 as the pair is heavily bearish show less...
Channel Down identified at 07-Jun-08:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.893 within the next 3 days. Resistance Levels : ( B ) 1.8929Last resistance turning point of Channel Down. Support Levels ( A ) 1...
Summary : Target Level : 83.86 Target Period : 6 hours Analysis : Rising Wedge identified at 07-Jun-11:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 83.86 within the next 6 hours...
watchout my past trading activities as i conducted 145 trades and won 138 of the trades and lost only 7 trades from it you can ask for more of my activies for last week.....its just all about clean sheet...
These types of events happen regularly but this week we have a very interesting scenario occurring because most analysts expect the Bank to upgrade its economic assessment of the UK economy and realign their targets for raising interest rates...
The European Central Bank (ECB) has always been in favour of ‘talking’ the market up and making bold promises that inspire confidence, while at the same time avoiding a catastrophic collapse based on the actual fundamentals of the region and often messy political backdrop...
Learning FX can seem overwhelming. In his latest blog post, Sheriff explains the basics behind the currency markets and the most popular currencies traders need to be aware of. If you’re new to FX, you may be wondering where on earth to start...
After a few hectic weeks of financial news and events, Sheriff explains how he employs fundamental analysis on a daily basis to judge the currency markets and make trades...
Pre US Open, Daily Technical Analysis Friday, June 03, 2016 Please note that due to market volatility, some of the below sight prices may have already been reached and scenarios played out. EUR/USD Intraday: under pressure. Pivot: 1.1190 Most Likely Scenario: short positions below 1...
Target Level : 109.59 Target Period : 8 hours Analysis : Falling Wedge identified at 02-Jun-05:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 109.59 within the next 8 hours. Resistance Levels...
CFD Trading has been quite popular for some time now. Also known by the term “commodities trading”, it signifies the action of a trader realizing the value of the difference between the starting and final price of a certain amount of commodity. The full form for CFD is “Contract for Difference”...
Head and Shoulders has broken through the support line at 01-Jun-00:00 2016 GMT. Possible bearish price movement forecast for the next 3 days towards 1.885. Supporting Indicators : Downward sloping Moving Average Resistance Levels : ( A ) 1.9181Last resistance turning point of Head and Shoulders...
Analysis : Triangle has broken through the resistance line at 31-May-04:00 2016 GMT. Possible bullish price movement forecast for the next 2 days towards 0.729. Supporting Indicators : Upward sloping Moving Average Resistance Levels...
arget Level : 0.9886 Target Period : 10 hours Analysis : Channel Up identified at 30-May-11:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 0.989 within the next 10 hours. Supporting Indicators...
Triangle identified at 26-May-04:00 2016 GMT. This pattern is still in the process of forming. Possible bearish price movement towards the support 109.09 within the next 3 days. Supporting Indicators : Downward sloping Moving Average Resistance Levels : ( B ) 110...
Summary : Target Level : 1.123 Target Period : 3 days Analysis : Falling Wedge has broken through the resistance line at 26-May-04:00 2016 GMT. Possible bullish price movement forecast for the next 3 days towards 1.123...
Analysis : Falling Wedge identified at 25-May-04:00 2016 GMT. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 1.123 within the next 2 days. Resistance Levels : ( B ) 1.1227Last resistance turning point of Falling Wedge. Support Levels...
