Short this resistance level and support level in place, ichimuku in place for this one. Comment below to let us know what you think!!
This is a long trade which we are going to trade on the other hand there is a ascending channel the the USD/JPY just broke on the chart giving signals or selling but with this we will stick with long Technically, however, the Yen appears to have something of an advantage now. USD/JPY has slipped quite dramatically below the strong, newish uptrend channel that...
Here we have the EUR/CAD on the ichimuku chart we feel that this will be a bearish day for the EUR we feel that this will fall down to around 400 - 700 points. Comment if you feel different
I want to be patient with this pair as in my view a big swing is eminent, the reaction in the areas of TP1 and TP2(as on chart) circa. will clear up crucial issues between Bear/Bull camp. Entry 143.87, SL @ 144.45
usdjpy sell setup from 110.800 level, expecting nice drop on this pair with a 39 pips SL for a potential target of 160pips
EUR/AUD - Signal - 4H - SELL Best Regards forexprofitway.com Amin
from what I see this pair is going long with tps marked in orange overall good trade if you bought this pair at a good cheap level If not I would wait this out or buy into once we see some sort of correction take place regards kris www.mymentortv.com
I think price formed and ABC pattern and is not breaking out. I think its retesting trend line, then it will go up to the first TP then it will either break the TP 1 then go to the Daily resistance.
AUD has rallied and if a nice pull back occurs, it could be heading north. I would suspect a pull back to retest the previous support. Would make a good bullish entry if it decided to retest and continue to move higher.
I think that price has met the daily trend line and daily S/R level. Expecting it to fall and meet the levels and eventually fall all the way to meet the daily bottom trend line.
Sell below 1.4810. Stop loss at 1.4881. Take profit at 1.4693. Reason for the trading strategy (technically): Price is testing major resistance at 1.4810 (Fibonacci retracement, Fibonacci extension, bearish channel resistance) and we expect a drop from this level to at least 1.4693 support (Fibonacci extension, horizontal swing low support). Stochastic (34,5,3)...
Buy above 1.0766. Stop loss at 1.0695. Take profit at 1.0896. Reason for the trading strategy (technically): After making its bullish exit of our long term descending resistance-turned-support line, price has started to bounce really nicely above our buying area. We remain bullish above 1.0766 major support (Fibonacci retracement, horizontal overlap support,...
Buy above 1.0766. Stop loss at 1.0695. Take profit at 1.0896. Reason for the trading strategy (technically): Price has started to bounce really nicely above our buying area. We remain bullish above 1.0766 major support (Fibonacci retracement, horizontal overlap support, bullish exit) for a push up to 1.0896 resistance (Fibonacci retracement, horizontal overlap...
EURUSD Daily Technical Analysis - Is Non-farm Payrolls and the ECB are the keys to Market Direction? Will US Dollar taking control the EURO Markets on NFP day? Hints: FOMC members to prepare the market for a rate hike on March 15 2017
Current decline we see suggests that EURUSD did topped at its 50% fibonacci correction. Price already broke past the yellow channel's outer boundary which means that the trend is bearish once again. Happy trading everyone!