SalahForex

SalahForex Updated 

Hey Traders, Hope you are having a nice trading week. Here are my analysis for GBPJPY pair. The Why: 1: RSI overbought (Daily Chart) 2: Need to test 50 EMA (Daily Chart)

SalahForex Updated 

For next week I'm expecting a test of the highs. Still Fx market is unpredictable but lets hope it works well. Wish you luck for next week :)

SalahForex Updated 

I'm expecting for new higher high to be formed. But still I'm only interested in the retest of the highs. Reasons for entry: 1: Retest of daily support (Daily Timeframe) 2: Currently price is trading in an important support zone (4HR Timeframe) 3: RSI oversold/Divergence (1HR TimeFrame) Still Fx market is unpredictable but hope it plays well. Happy Trading week...

SalahForex Updated 

EURUSD is still in an uptrend and for next I'm looking for buying opportunity. Reasons of Entry: 1: Strong area of support (Daily Timeframe) 2: Rejection at 200EMA (4Hr Timeframe) 3: Bullish Harmonic Pattern (4Hr Timeframe) Still the FX market is unpredictable. Hope it plays well. Wish you luck for the next trading week :)

SalahForex

Still looking for longs nxt week on the EURUSD Entry Reasons: 1: Price Bounces off the 100EMA on the 1HR chat 2: Price Bounces off the 50EMA on the 4HR chart 3: Completion of the 2nd Elliot Wave 4: 5th Elliot wave end exactly on the Weekly resistance line Hope this plays well for next week.Still Fx is an unpredictable market. Wish you luck for next trading week

SalahForex Updated 

For next week I'm still holding longs on EURUSD. DXY is expected to fall further. Still currency markets is unpredictable but hope it plays well. ;)

SalahForex Updated 

Waiting for breakout

SalahForex

Entry Reasons 1: Rejection Candle at 50 EMA on 1Hr Chart 2: Price below 13 EMA on 4Hr Chart Hope all plays well. Hope you had a nice trading week so far. Cheers :)

SalahForex Updated 

On higher timeframe price is above both 13 & 50 EMA meaning we are still looking for long. Locking a Buy Stop order with a 1:1 risk ratio. Hope you all having a nice trading week ahead. :)

SalahForex

Reaches a new high. DXY has room to go further down

SalahForex

EURUSD reaches a 3 year old high. DXY has enough room to go further down