The chart pretty much explains exactly what we are preparing to do on EURCHF, go long!
But... yeap, we focus on being professional and "following" the markets without making crazy price predictions as we are no guru's or wizards and we surely have no crystal ball to predict the moves.
It is our duty and ongoing responsibility to be proactive and reactive at the...
We're taking a long position on USDJPY as we believe there is a good chance that this is a fakeout of the bullish continuation pattern.
USD took a nosedive in today's NEW YORK OPEN even tough there are solid signs it should be heading upwards, but how right can we be? No trade is a winner until it is closed in profit, so take precautions and be ready to close...
![USDJPY: Buying USDJPY [61.8% FIB and key support]](https://s3.tradingview.com/c/CAjltVUG_mid.png "Buying USDJPY [61.8% FIB and key support]")