tradingfx

eee_traders eee_traders GBPUSD, 120, Short ,
GBPUSD: GBPUSD Trading Forecast for June 13, 2016
42 0 1
GBPUSD, 120 Short
GBPUSD Trading Forecast for June 13, 2016

Cable was not able to move up to our target from our previous analysis. Instead, it continued moving down, which tells that a top has been formed already. Price has room towards its 1.618% fibonacci level at 1.4055 before it corrects up.

eee_traders eee_traders GBPUSD, 120, Long ,
GBPUSD:  GBPUSD Trading Forecast for June 8, 2016
62 0 4
GBPUSD, 120 Long
GBPUSD Trading Forecast for June 8, 2016

Cable's movement shows it is still on its corrective stage which might top at 1.4675 - 1.4730 areas.

eee_traders eee_traders EURUSD, 120, Long ,
EURUSD: EURUSD Trading Forecast for June 8, 2016
36 0 3
EURUSD, 120 Long
EURUSD Trading Forecast for June 8, 2016

Euro managed to rally for days, making new highs, targeting a 61.8% retracement around 1.1420 before price starts to decline.

eee_traders eee_traders USDJPY, 120, Short ,
USDJPY:  USDJPY Trading Forecast for June 8, 2016
32 0 3
USDJPY, 120 Short
USDJPY Trading Forecast for June 8, 2016

Yen may continue to move lower. A break below previous low 105.54 would lead us to consider the alternate view of this market. Profit targets 106 area before bulls come to play.

eee_traders eee_traders EURUSD, 120, Short ,
EURUSD: EURUSD On Its Way Down (Technical Analysis for May 18, 2016)
39 0 1
EURUSD, 120 Short
EURUSD On Its Way Down (Technical Analysis for May 18, 2016)

EURUSD has more way to go down. Target is around 1.0650-1.0630

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