EURUSD Our Yesterday's signal got hit and we took the trade out due to EURUSD failing to hold the important level of 1.1425. However the pullback was healthy given that it held above 100% extension of A with C wave. Overnight and this ..Read More...
In our previous week's post, we alerted for a major buy trade that would target above 110.50 - USD/JPY: Retraced 38.2%, Time to Buy Already? Since that moment, USDJPY has moved up in a strong wave 3 and currently is completing an inner wave 4...
USDJPY 1H – April 14, 2016 In this chart, we have counted only wave C and it seems like USDJPY is... Read More...
Now, we are waiting to see how EURUSD will react at 162% extension in order for us to determine the next move... Read Here...
We expect the bullish momentum of GBPUSD to continue and believe that any downside potential would be a perfect opportunity for a long swing trade. We expect an a-b-c move down to 61% retracement level and that is our ideal buy order. Trade Setup: Long ... Read More...
According to the trade idea we have posted here, this reversal candle following consolidation might be the sign we were looking for to Buy EURUSD... Read More...
Today’s short position in EURUSD was closed in target booking 750+ pips. While it is never clever going against the trend the reasons why Buying EURUSD has better odds are: It is currently trading in oversold zone ...Read More Capitulation...
We have been calling this level on USDJPY for several days now, as 109.110 also corresponds to 100% extension. However topping tails on 1H chart and resistance ahead are slowing down USDJPY rally...
We are currently Long on a very good price at USD/JPY in yesterday’s support, however we took the risk of holding this position overnight. Enter long in case price breaks 108.4 and put stop loss slightly below 108.250. Initial target for this long is 108...
Reversal candles in H1 chart, suggesting that EUR/USD may retrace as in previous days when we have seen such strong reversal signs. It is being traded in overbought level and has consolidated these last days with few new highs which have been sold immediately... Read More...
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