Our price action indicator signals us a downward entry on GBPCHF.
Our price action indicator indicates a downward entry on EURCHF. It is advisable to put a sell limit on the indicated parameters!
Our price action indicator shows us a long trade on USDCAD. It is advisable to place a buy limit on entry 1, or enter now (TP1) and use entry 2 as an SL. However, we expect a bullish movement
GBP/JPY pair 4hr timeframe Technical Chart Analysis risk reward ratio 6:1 entry at vwap crossover vfi_lb at 4hr confimation Expected bullish economic calendar release for tomorrow CPI's, PPI's, RPI's etc. Strong momo scanner EA for GBP/Pound 5 min into 15 min weak 1 hr into daily timeframe And weak for JPY/Yen 5 min into daily
CADCHF experienced some shaky sell-off last week following some fundamental numbers in retail sales. We view that sell-off as trend correction and is potentially over as the continuation of the uptrend which began on the 6th of March 2018 could possibly be underway to completion. A daily close above 0.76594 should further solidify this case.
This pair has been on the rise since the outset of 2017 but that all seems to be coming to a halt within the week or so. This is thanks to the potential formation of a double-top pattern at the daily local maximum. Target 1 has also shown very strong S&R levels in the past year so expect the pair to experience some consolidation here before its drop to the 2nd...