Not a good trading week was difficult to judge but still profitable due to good trades after FED 9 trade charts posted only 5 profitable 4 losers oil was the best trade thought wouldn't break down but it did caught just in time, Gbpnzd and usdcad worst trades gbpnzd bounce of resistance but NZD had other ideas it was in bear market i was bullish on AUD, NZD,...
Dear Investors, First things first: THERE ISN´T A TRADING SIGNAL YET! Currently I´m watching USDCHF ... I would love to see a nice breakout of the red dottet line and than a reversal...OR..a few dominant bearish candles Please find further details on the chart. I´ll keep you updated if I´m entering this one. Hello Worthy Decide. Commit. Succeed. Wealth...
Currency Pair: AUDUSD Sell Limit Entry Price:1.7100 Take Profit:1.7000 Stop Loss:1.71500 Capital Risk:500USD(amount may vary depending on your account size and risk tolerance) Potential Reward: 1000USD Risk/Reward: 1:2
Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy. Don’t take a trade if you don’t see clearly when big guys are in.
Bullish reversals identified including the popular head and shoulder candle stick patterns.
Short this resistance level and support level in place, ichimuku in place for this one. Comment below to let us know what you think!!
Here were have GBPJPY we feel this will be going long today due to technical analysis
EURUSD was boosted by Mario Draghi's remarks during Monday's session. The European Central Bank (ECB) governor expressed his content with wage growth and inflation but repeated rates may remain low beyond the summer of 2019. The trade tension between the US and China has been dominating the market for some time and it is expected to be the main theme in the Forex...
Trade tension between the US and China are contributing to the recent USD strength at the time of this writing. New tariffs on China may lead to a retaliation, causing some nervousness in global markets. As a result the focus on the Non-Farm Payrolls (NFP) may be limited, however, some reaction is often seen when the US employment figures are...
NZDUSD is trapped in a 15min range at the time of this writing as shown on the chart. Scalpers may attempt to short and long NZDUSD off the resistance / support levels until one of the key levels gives way. Although scalping may be used our preference is to wait for a 15min close below the support (lower line), which may pave the way for stronger weakness in the...
Aside the trade tension between the United States and China (reports suggest President Trump may impose new tariffs on China as soon as next week), political tension in Italy contributed to EUR recent weakness. EURUSD hourly signal is fairly straightforward. EURUSD reached its hourly support, failure to post an hourly close may lead to corrective gains in Euro...
The strong gains that took place in GBP were triggered by remarks from EU Barnier. Barnier stated that the EU is willing to offer the UK a trade deal that has not been offered to any country yet. These comments neutralized Theresa May's comments when asked about brexit, saying that 'it will no be the end of the world' which weakened GBP earlier. In GBPCHF 30min...
GBPCAD reached a 30min resistance level. A 30min close below the resistance may trigger corrective weakness as highlighted on the chart. It is important to note that the brexit negotiations are ongoing to avoid Britain exiting the EU without a deal. The USD tremors in the market were triggered by President Trump's remarks on the Fed and his interest in a weak USD...
EURUSD reached an hourly resistance as seen on the chart. Based on our technical projection the price is expected to re-test 1.1575 before correcting higher, possibly taking out the initial resistance (in blue). Only a firm break (hourly close) above the initial resistance (in blue) ma pave the way for strong gains towards the latter resistance (in green).
President Trump threatened a government shutdown should Congress fail to pass the bill for wall at the Mexican boarder and change immigration laws to merit points. We have not seen a significant reaction to these comments that were made on Sunday but we are noting a weaker USD against a basket of currencies. USDJPY reached its 4hr resistance, which was tested...
Adjusted USDJPY direction. Above or below support (red) and resistance (green) zones around current price action shown is recommended trading and entry areas in the downside or upward direction respectively as the case may be. Target is as shown also once break out on daily close is confirmed. Happy Trading!! www.trading-equity.com