elitestrategy

EliteFxAcademy Updated 

GBPJPY – trending depends on breaking this range and Gbp performance. Trend: Strong Buy Price action: Buyers still didn't show any power. If we compare lower timegrame, then sellers are in much better position in compare to buyers. Overall market is still in buyers trending, but in any chance be aware of any break that wil happen. Potencial trade idea:...

EliteFxAcademy Updated 

GOLDUSD – As following USD pair, Gold might be lower Trend: Sell/ Neutral Support/Resistance: R2: 1477.05 R1: 1459.38 S1: 1444.08 S2: 1433.86 Price action: Gold is contraverse from Usd pair. Nothing is proved yet that gold can go that deep. First is important to follow lower timeframe to get facts from our Elite strategy and also news statement. Gold is now...

EliteFxAcademy

GBPCHF – Buyers started following power of Gbp currency. Trend: Buy/ Neutral Support/Resistance: R2: 1.29594 R1: 1.28518 S1: 1.27640 S2: 1.27036 S3: 1.26425 Price action: Price is headed to test last Higher High by buyers momentum. If the price will break first resistance, it might go higher to achieve second target at 1.29594. If first test to last higher high...

EliteFxAcademy

CHFJPY – Jpy currency is showing weakness from previous days and the trade might be continued by swiss currency. Trend: Strong Buy Support/Resistance: R3: 111.497 R2: 110.800 R1: 110.169 S1: 109.779 S2: 109.384 Price action: Buyers might continue move higer if buyers break resistance level at 110.169. If we hold above this level then price might see targets...

EliteFxAcademy

AUDCAD – Buyers still holding position Trend: Strong Buy Support/Resistance: R3: 0.91210 R2: 0.91023 R1: 0.90841 S1: 0.90522 S2: 0.90224 Price action: Buyers still holding position. From the last swing, buyers tested seller momentum to get answer from bears. Buyers handle price action above support level at 0.90841. If buyers will be enough strong to push...

EliteFxAcademy Updated 

AUDUSD – buyers have open position Trend: Strong Buy Support/Resistance: R4: 0.70222 R3: 0.69921 R2: 0.69492 R1: 0.69172 S1: 0.68977 S2: 0.68695 Price action: Buyers continued price very confident to the price level at 0.69126, where last daily candle closed. Buyers might relaxed for a while and give a chance to sellers to their first support....

EliteFxAcademy

GBPJPY – Following Gbp trending is still showing performance to buy this pair Trend: Strong Buy Support/Resistance: R3: 145.741 R2: 143.270 R1: 140.699 S1: 137.820 Price action: Price hold above trending flow, which will first test Higher High levels and then we'll see if Yen currency will deny again. Buyers are enough confidant to continue trending flow in...

EliteFxAcademy

EURCHF – this pair is at risky level, where we have to wait for sell if we get sign Trend: Sell/neutral Support/Resistance: R1: 1.10259 S1: 1.09775 S2: 1.08999 S3: 1.08375 Price action: Buyers were keep going to break resistance level at ,but sellers showed first push few days ago very strong. If they will push again, then we know the answer, but if the...

MP4 Updated 

Trend: Sell/Neutral Support/Resistance: R2: 1.4660 R1: 1.45954 S1: 1.45765 S2: 1.45240 S3: 1.44897 Price action: Sellers has to retrace deeper if buyers will not come back under level 1.45765. Sellers at the point are showing good momentum, but overall market is still in buyers mindset. Potencial trade idea: Bulls targets: T1: 1.45240 T2: 1.44897 NOTE...

MP4 Updated 

Trend: Buy/ Neutral Support/Resistance: R2: 0.64883 R1: 0.64448 S1: 0.63910 S2: 0.63540 Price action: Bulls did well done job from previous days and broke sellers resistances without much resting. Because sellers didn’t show much power we might see delay or slower up move where is last higher high before bull run. Potencial trade idea: Bulls...

MP4

Trend : Strong Sell Support/Resistance: R2: 1.31866 R1: 1.31332 S1: 1.30866 S2: 1.30400 S3: 1.29758 Price action: Buyers are in sellers trending zone. Few hours ago buyers showed some momentum which might scared others, but sellers quick after retraced for 100%. Sellers are enough strong to break support level at 1.30866. If we hold below, then sell...