EURUSD Weekly Trade AnalysisEURUSD > 10/15-20/17 Trade Analysis
Timeframe: 1W
Previous break of strong Hammer signals possible very strong bullish trend to continue up to 1.21000 level.
Firm break and hold above 1.21000 expecting further rise to 1.25000 level where fall is expected to begin toward 1.167000 level.
Current expected closing price @ end of month is now projected near 1.19000 level due to strong bullish trend analysis.
High volatily expected as I believe we are in the "wacky" season where up is down and down is up!
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Candlesticksignals
USDJPY > Simple candlestick signals easy to recognizeEducation > Basic Candlestick Signals
Chart > USDJPY > Non-Farm Payroll News Release > Friday, Oct. 6, 2017 - 8:30 A.M.
Analysis in chart
1. Large body w/small wicks indicate strength
2. Larger the body w/smaller wicks indicate greater strength
3. Long wick w/body at opposite end of candle indicates shift in trend momentum
4. Wicks at both sides w/smaller body in middle indicates indecisiveness and both sides have equal strength
5. Larger wicks w/smaller body in middle indicates increase of indecisiveness
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
EURGBP > Strong Bearish leg possiblityEURGBP - 0.9011 > 0.8640
Details in chart
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience
GBPAUD Short possibilityTimeframe: 4H
Expecting uptrend due to Three Outside Up Bullish Reversal and Engulfing Bullish during last session.
Corrective Fall expected.
Resistance @ 1.6331, 1.6422, 1.6494
Support @ 1.6168, 1.6096, 1.6005
Choose Entry Point within rules/strategies accordance
Previous session:
H = 1.6361
L = 1.6174
O = 1.6305
C = 1.6237
Pivot Point = 1.6257
Personal analysis only. Please use your own rules and strategies prior to entering market.
USD/JPY Riding the WavesSupport @ 110 held, Hammer formed, signaling Bullish trend.
Break above Hammer = possible rise to 112.5
Break above 112.5 = possible rise to 115 level
Break below Hammer = possible decline to 108
Break below 108 = possible further decline to 100
Bullish trend still showing momentum, however taking into consideration eventual market correction.
Personal analysis only. Please use your own rules & strategies prior to entering market.
EURAUD probable Bullish trendWatching for break of 1.4778 for Bullish signal to possible 1.5072
BUY Enty Order placed @ 1.14780 / TP @ 1.50650
R1 1.4731 R2 1.4741 R3 1.4754
S1 1.4704 S2 1.4690 S3 1.4679
If 1.4778 not broken, Order will be cancelled.
Personal analysis only. Please use your own rules & strategies prior to entering market.
$MIK-ing The Market Two days ago (July 25th), we mentioned that Shares of $MIK is looking ready to go higher. Time to be a buyer. Today the stock is up 3.98% Technical Analysis is live and well.










