I'm sorry for sniffing loudly like that. I'm still recovering from catarrh, cough and other upper respiratory tract infection related sickness.
I made a full breakdown of this pair, analyzing what I expect to happen on this pair. If you liked the video, please follow me and give me a boost.
I'm sorry I'm unable to make a video today. I'm currently down with ear pain, catarrh, cough and sore throat, and they're killing my voice.
For today, I'm not expecting much. The price appears to be rejecting the weekly 50% fib level I have been talking about. This means there's a possibility for a move downwards today too.
On the 4h timeframe, the price looks...
This Pair has been in a spotlight for quite sometime because it has been in a gradual free fall over some previous years. Now the free fall seems likely to continue as the the crucial support level of 0.83000 has been violated on both monthly and weekly time frames!
Some few weeks ago, the 0.83000 level was finally violated and now the price seems likely to...
Price breached a clear diagonal support area on the 1h EURGBP chart.
Here are the entry qualifications that convinced me to take a short position:
1.) Price seemed to have retraced to and confirmed the former support area as a resistance area
2.) A bearish engulfing candle had formed within the new resistance area
3.) Price breached the 8 EMA with a strong...
In this technical analysis I show a long trade set-up for USD/JPY using horizontal support and resistance. All info and explanations can be found on the chart.
EURJPY presenting bearish confluences after making a strong rejection (previous H4 bearish engulfing) from the 124.000 psychological area during the Asian session.
JPY appears to have strengthened over the Asian session also with other XXXJPY pairs devaluing in price.
EURJPY has also rejected the 200 EMA, appearing to have completed a retracement to the...
Shorting GA from the top of the range. Saw some bullish movement toward/during today's London session, however I believe price has halted at the 1.83 psychological and we will see a further decline in price.
GA is still downtrending on higher timeframes and I believe we can move much lower.
PA at the 1.83 psych suggests exhaustion and a reversal, (long...
