Dear all, You may see that price retraced to the previous levelof resistance which is now support. So far it seems that the level 1.09700 is being tested several times...
Pre European Open, Daily Technical Analysis Thursday, February 11, 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: key resistance at 1.1340. Pivot: 1...
GBPUSD has sold off recently but is still gradually trading higher on the 1-hour time frame. A rising channel can be seen connecting the latest lows and highs of price action. Price is currently testing the channel support and might be due for a bounce back to the top...
Pre European Open, Daily Technical Analysis Wednesday, February 10, 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: the bias remains bullish. Pivot: 1...
USDJPY appears to have a made a convincing break below the head and shoulders neckline on its daily time frame. This suggests that the pair could be in for more longer-term losses, possibly amounting to around 900 pips or the same height as the chart formation...
Pre US Open, Daily Technical Analysis Tuesday, February 09, 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: further advance. Pivot: 1.1150 Most Likely Scenario: long positions above 1...
What a sell off today on the USDCAD, as we mentioned yesterday the short term support of 1.41 off the 21 ema was all it took for the london open to start the rally combined with a surge of oil prices staying above 30...
Pre European Open, Daily Technical Analysis Tuesday, February 09, 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: further advance. Pivot: 1.1150 Most Likely Scenario: long positions above 1...
Pre European Open, Daily Technical Analysis Monday, February 08, 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: key resistance at 1.1180. Pivot: 1...
What a sell off today on the USDCAD, as we mentioned yesterday the short term support of 1.41 off the 21 ema was all it took for the london open to start the rally combined with a surge of oil prices staying above 30...
Pre US Open, Daily Technical Analysis Friday, February 05, 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: bullish bias above 1.115. Pivot: 1.115 Most Likely Scenario: long positions above 1...
Pre European Open, Daily Technical Analysis Friday, February 05, 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: further advance. Pivot: 1.1115 Most Likely Scenario: long positions above 1...
Gold long term target 1145 has been hit on Wednesday after the dollar weaker then expected economic data of ISM manufacturing and ADP...
Good Evening Forex Friends Gold didn’t move according to our expectations and break the resistance at 1129-30 without any major correction.So the alternate trade idea works for this scenario...
Pre European Open, Daily Technical Analysis Thursday, February 04, 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: further advance. Pivot: 1.1 Most Likely Scenario: long positions above 1...
Entry Reason : Open Buy on US market open. The ADP result seem not to good for US Dolar Evaluation : Hit the Target Profit .... Everything is according to plan...
On this daily usddkk chart we see a descending triangle. Price is respecting the upper and lower resistance lines and nearing the appex. The level of the support is 6.7800 The level of resistance is 6.8900 Normally a descending triangle means an outbreak to the downside...
Entry Reason : 1% candlestick technique. Two bulls candles give information about up trend. Evaluation: The risk is about 25 pips. I decided to cut profit, because the power seem not to strong...
