The price is preparing to break this laterality. The situation kept the price within the channel between support at 0.846 and resistance (both static and dynamic) identified respectively by 38.2% of Fibonacci retracement and by EMA20 weekly periods. If there was a confirmation of closure above this level, the price will tend to reach the subsequent static...
On gbp/usd the scenario that is taking shape is very uncertain. The British government has managed to find an agreement with the European Parliament. They need an extension of the London exit from the EU at the end of October. These six months should be enough for May in order to be able to convince their parliament again to accept the agreement with Brussels. The...
The pair remains in the upper belt of Bollinger bands and we observe the ascending movement. The pair failed to overcome the mark of 1.3150 and now we have observed a correction of the price. Our technical indicators point to purchase deals. As the pair departed from the middle line of the bollinger bands, we believe that the upward movement will be resumed. We...
in nearest time (1-2 weeks- maybe first day of oct.) we may to see a another trend- market falling by 30% or go to the 8000$ in long term to the dec if GREEN lines will be broken - that may be a sign for buy = end of long term Bear trend BLUE lines is a resistance and support lines RED line is a strong support line , when red line will be broken we...
Our pair again reflected from the level of 1.3150, after which it headed down. Our technical indicators show the sale. To date, we expect the FOMC statement and the publication of the Fed's interest rate decision. We can assume that until this point the dollar will continue to strengthen against the pound. We expect that the pair will test the level of 1.3080 and...
As we assumed earlier, the price reached the level of 6.100 and moved away from this level. But for how long? As we see that the increase range of the price is limited and does not have a strong momentum. Thus we have drawn another intermediate level of resistance. We expect that the price will continue its downward movement, to update the annual minimum. The...
As we expected the pair moves symmetrically relative to the line we conducted and found the resistance level at the same level. Now we expect that in the future the pair will move up and once again try to break through the resistance level. Our advice will be to take short positions after completion of the correction and breaking of the level 1.3320
Selling CADJPY following Stochastic Real Deal custom indicator wait for the breakout downward of current low The indicator is available for a trial here Just ask for access in comments
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