Hi, as you can clearly see on the chart, USDCAD is getting weaker and weaker and this is proven on the awesome oscillator show bellow, we can see higher highs on the chart while lower lows on the awesome oscillator. this is called Divergence and it indicated a reverse! We can also see the retest of the price to test out the resistance and this even proves more...
The bulls quickly took the EUR/GBP pair higher from a big support area (around 0.8550) on the four-hour chart above, taking it back to a fast bearish reversal point from last week (0.8635).
If the data disappoints in general, the bearish technical signal may trigger a short-term bearish reaction on EUR/GBP. With a regular ATR of about 50 pips, a switch from...
GBPJPY SHORT NOW CLOSED - BUY NOW ACTIVE
Still time to jump on the bus, still valid to enter.
Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter.
What is our strategy?
Our strategy is a trend following...
OCO Completo em EURGBP
Mas atenção! Posições curtas devem ser introduzidas após um claro rompimento do nível de 0.88664 e houver um pullback no mesmo nível e stop acima deste.
Macd indica uma clara divergência clássica de baixa e no momento se encontra em território negativo
A maior parte dos indicadores técnicos apresentam sinal de baixa bem como médias de...
Price has approached the key daily barrier of 1.27500. If today's candle can close as a spinning top/ Doji we can anticipate a potential short to the psych zone of 1.26000 in confluence with 61.8% fib level, to form a right shoulder before the sterling extends higher.
RBNZ has released its OCR yesterday and rates seems to be unchanged however due to the disappointing economy activity, NZD has plunged and shown strong weakness. I am expecting a NSL where price leads towards the 73.0 area.
As we observe this pair on the 4h time frame, it continues to make LH's and it broke the 1.60100 level, which happens to be the previous resistance level. As it pivots back down, I definitely want to see how it test this "shoulder level" or ascending trend line for a better confirmation for a buy
Oil is likely headed higher over the coming months, but there are many challenges that lie ahead. In this update I breakdown the chart using Elliott Wave and Fibonacci as well as discuss some important global macro factors as well.
We have this Technical Bilateral BIAS on EuroJpy, It's following Bearish Trend then should break to the downside and continue the trend. A break to upside could change the short term trade to get it Pulled back on Higher TIme-frame!