stampsfx

StampsFX

GBPUSD appears to be losing steam. It is in a clear uptrend without a doubt, but over the next few days we could see it slide back down to retest the support level and the lower trend line. If the lower trend line is broken, we could see this retest the September of 2017 resistance level (lowest support level drawn on the chart). In September of 2017 a major...

StampsFX

EURUSD large candle pushed price into a new area. Going long, although there may be a sizable pull back before heading lower.

StampsFX

Price failed, reversed and began heading lower.

StampsFX

USDJPY was rejected at the upper trend line, which leads me to believe it is headed down to retest the lower trend line.

StampsFX

EURUSD appears to be oversold on the daily chart and the weekly chart. Not only does it appear to be oversold, but the lower highs did not continue. There is a good chance it could be headed higher.