EURUSD 4HOUR CHART SHORT ENTRY @ 1.0931 (FIBO 23.6 LEVEL) TARGET @ 1.0789(FIBO 50 LEVEL) STOPLOSS @ 1.1026(HORIZONTAL RESISTANCE...
EURUSD 4HOUR CHART LONG ENTRY 1.0789 (FIBO 50LEVEL) TARGET 1.0852(FIBO 38.2 LEVEL) STOP LOSS 1.0725(FIBO 61.8 LEVEL...
EUR GBP, “Euro vs Great Britain Pound” Europound is trying to rebound from the group of upper fibo-levels and resume its movement inside the current downtrend. The pair may fall to reach local retracements at 0.7170...
GBPJPY pair (as well as USDJPY) has been down for the entire week. Where is the bottom? Previously I wrote “I am now Bull with this pair” because the price was above Daily Ichimoku Cloud. But the price dropped off from Daily Cloud. Thus I cannot buy this pair until we confirm the drop is over...
A couple of months ago, our team developed a very simple indicator to aid us filtering out bad trades from good ones. To our surprise, this indicator that was originally intended to have just a "supporting role" in our strategies, turned out to be way more powerful tool than we thought...
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AUDUSD 4 HOUR: AFTER BOUNCE BACK FROM HORIZONTAL SUPPORT 0.7172, AUDUSD FACING RESISTANCE ZONE 0.7285 -0.7300...
USD CAD, “US Dollar vs Canadian Dollar” Canadian Dollar has been able to stay above the 8/8 level inside “overbought zone”. The current growth is supported by the H4 Super Trend. In the future, the market may continue growing towards the +2/8 level...
EUR USD, “Euro vs US Dollar” At the end of the last week, Eurodollar tried to break the 2/8 level once again, but wasn’t able to stay above it and right now is already moving below the H4 Super Trend. On Monday, the market may fall towards the 1/8 level...
AUD USD, “Australian Dollar vs US Dollar” Australian Dollar has updated the minimum of the wave and right now is moving close to the ascending channel. We think, today, the price may consolidate. If the price breaks this channel downwards, the downtrend may continue towards 0...
Russian Ruble has expanded its trading range upwards and reached another target. Today, the price may return to 69.38 and then continue forming its consolidation range. Possibly, the market may reach new highs once again...
In the previous EUR/USD forecast we noted that the currency pair was bullish for the week. The lower bollinger band did hold as a support. The 1.08 line was breached and it suggested that the bullish push was strong...
Forex scalping strategy “20 pips per day” enables a trader to gain 20 pips daily, i.e. at least 400 pips a week. According to this strategy the given currency pair must move actively during the day and also be as volatile as possible...
EURUSD 4HOUR: eurusd form bullish ascending triangle continuation pattern. momentum is still extremely strong here and we can except eurusd to rally this week...
In the previous AUD/USD forecast we noted that the currency pair was bullish for the week. It had since breached the middle bollinger band. Bollinger bands could be a good indicator of possible support and resistance regions...
istance Turned Support (Dec 8, 2015) NZDUSD has recently broken past a key resistance level at the .6600 major psychological mark then zoomed up close to the .6800 handle before showing signs of a pullback. Using the Fib tool on the latest swing high and low shows that the 61...
e Setup Cont (Dec 11) I posted EURJPY Short trade setup couple of days ago. The basic idea was – Daily Ichimoku Cloud can be Resistance. It is sort of working. But not enough...
