This is the identical setup as the one I posted on Jan 22nd. Simply the price didn’t move, but the setup itself is still valid...
Good Evening Forex Friends Today market is range bound and moving between small support and resistance zone and forming a symmetric triangle in 15 mint chart.Symmetric range is getting more close and we will have to see where it will break either upside or downside...
Pre European Open, Daily Technical Analysis Monday, January 25, 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: capped by a negative trend line. Pivot: 1...
YEN has been weak for the last couple of days, and thus AUDJPY has gone north, after making Double Bottom. In fact, this is one of the textbook reversal patterns – Double Bottom + Higher High. (Bullish divergence is a plus!) When we see this patter, we should look for Higher Low, and buy...
Pre US Open, Daily Technical Analysis Friday, January 22, 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: 1.0865 Most Likely Scenario: short positions below 1...
YEN has been weak for the last couple of days, and thus AUDJPY has gone north, after making Double Bottom. In fact, this is one of the textbook reversal patterns – Double Bottom + Higher High. (Bullish divergence is a plus!) When we see this patter, we should look for Higher Low, and buy...
Pre European Open, Daily Technical Analysis Friday, January 22, 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: 1.0895 Most Likely Scenario: short positions below 1...
GBPJPY has been trending lower recently, moving below a descending trend line connecting the recent highs of price action. Price just broke below an area of interest at 166.50 then dipped to a low of 164.00 before pulling back...
Pre US Open, Daily Technical Analysis Thursday, January 21, 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: 1.0935 Most Likely Scenario: short positions below 1...
Nikkei is down 3.7% today. So far during Asian hours, the trend is very strong – Strong YEN, weak AUD, strong EUR … Naturally USDJPY has been down all day, and came to the Double Bottom on H4. The price touched 55EMA yesterday...
Pre US Open, Daily Technical Analysis Wednesday, January 20, 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 upside prevails. Pivot: 1.09 Most Likely Scenario: long positions above 1...
On this eurusd daily chart you might note that price today broke out of our triangle. Price tested the cloud but printed during the day a bullish candle. This means that the cloud acted as support which held and attracted more buyers...
GBPAUD has been forming lower highs and higher lows, creating a symmetrical triangle pattern on its 1-hour forex time frame. Top-tier events from the UK economy this week could determine which direction this pair might break out...
Pre US Open, Daily Technical Analysis Tuesday, January 19, 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: 1.091 Most Likely Scenario: short positions below 1...
Pre European Open, Daily Technical Analysis Tuesday, January 19, 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: 1.091 Most Likely Scenario: short positions below 1...
Hoy mercados en Europa positivos. uSA festivo. TC 18.1 6. Euro 1.086. Piel en su mínimo desde 2003 en 29.20...
FYI, among the charts in a Financial Times article seeking to discuss the behavior of global stock and currency markets since the US Federal Reserve hiked interest rates in December...
Yesterday we were expecting a bounce from 1073 and the first target was 1095.Gold trade exactly according to our expectations.But Gold fail to break its first resistance around 1095-96 and reverse back from that level...
Good Evening Forex Traders. Yesterday we were expecting a bounce from 1073 and the first target was 1095.Gold trade exactly according to our expectations.But Gold fail to break its first resistance around 1095-96 and reverse back from that level...
