*pun intended* With the continuing decline of the Aussie despite the higher ups of commodities, the pair has been struggling to push to the upside against a safe-haven currency. The same is occurring with AUDCHF considering that the Swiss Franc is also a safe-haven currency. Last trading session, the AUDJPY pair formed an inside pin bar which may suggest a...
Several Yen pairs have formed inside bars which may suggest a reversal of the trend. However, some are already on the decline like my previous trade analysis: EURJPY.
Hi traders!I hold a point:Good charts does not need more words to explain! Good luck!
The price is consolidating at the current level - We take short position at 86.50 level and book profit at 85.20 - The setup will invalidate if the price breaks 87.50. For your Info, we see this pair at 90 level in a weekly higher time frame charts.
We expect the price will move upwards on a long term weekly technical analysis. Take Entry @ 86.40 Take Profit @ 90.80 Stop Loss @ 76.00
DISCLAIMER: Hi everyone, I'm new to trading and this is just a log book for me on applying everything that I have learned and continue to learn as I go along. That being said, I do not advise you to base your trading on these "ideas". Been looking at the Australian Dollar / Japanese Yen this week. Good and strong uptrend. How long can it last though? Lets take a...
1stly Short, after long trade setup...
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron