Bank of England may cut interest rates into negative territory to support recovery.
The harsh blocking measures will continue for at least another month, likely to affect GDP.
GBPJPY Day SELL Price has risen to high at 142.23, there is a chance to come down to support at 138.26.
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sessional tendency of jpy is bearish till march . cot of jpyusd negative ...price break monthly high an back test go to up...all signature indicate the audjpy will bullish..go to lower timrframe for taking entry
This is to show that you must always to play to the highest probability trades, know when your trades are in best situation to execute and hit TP, read notes on chart to gather an understanding of my theory for my trades highest probability setups. And most importantly why I didnt choose to execute on this trade (with proof).
THIS IS A DOUBLE BOTTOM SETUP.
Nzdcad is making new highs after touching this very respected level of support. On the daily chart you'll notice the prev close closed with hardly any range and the bottom depending on you broker provider. As we touched this level we started breaking old highs insisting an up trend. i see no other solution but to buy at this point.
Gold was in a monstrous uptrend since covid - 19 outbreak. Now price has retraced and tested a key support level (yellow). A break above the trendline can result in price testing the highs(Red) again. In case of a downward break price could test the next immediate support level(Green).
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Hi guys, today ill be showing you that trades that are in your set up are the best. They give you high probability trades. Bigger reward trade, less risk, and you can review it again and again to improve your trades. I always put stop loss to lessen my risk. Happy trading everyone
Hello Fellow Trader!
Daily chart providing signals the September 3.5% rise since 11th of September has now met with the open price of the month forming extremely potent resistance. Provides a great reward to risk ratio to trade GBP/AUD for short – term downside.
- Daily – Price moving into resistance and September open price 1.18235
- Daily – Above...