Hello Traders ! Today I would like to share my long term analysis for EURUSD on the daily chart . We can see that this pair is in an overall downtrend. Price made a correction move and broke it. I expect now the continuation of the downtrend. Of course we could see a retest of the trend line but we need to wait how the daily is closing. It looks like we are...
Long Buy Structure From : 119.373 - 119.450 TP1 : 119.885 TP2 : 120.200 Stop Loss : 119.130 This is not an investment recommendation or any call to buy or sell It is just an analysis based on a study of the history of price action Behavior , that may not be a necessarily reason for the success of the structure or repetition. So please make your decision based...
Hello traders, Here's a realistic view of how gold has been trading for the past 4 years, about to be 5 years in 3 months! Every 200 days it has a 30,000 pip movement up, then 30,000 pip movement down!
Whatever the outcome of Brexit may be the chart speaks for itself so this is purely speaking out of the technicals. Feel free to add your opinion concerning how the fundamentals could affect the pair. Looking at the Weekly time-frame we are currently trading in the form of a Descending Wedge / Ending Diagonal pattern (wave 4 within the pattern) , which is what...
The price touched the support area set at 1.112 with a post-conference Draghi spike. Causing the stop loss closing on our trade. After it return immediately to the closing level of yesterday's session . Technically, this pair is in a stalemate taking the last six months as a time reference. In fact, the trend has no longer taken a specific direction, continuing...
On the weekly we have a double bottom aswell as consolidation meaning the market could be making a reversal to the upside. Also we have a bullish engulfing for entry
Hi all! This is not a Signal! This is my view on the EUR/USD D1 CHART, look at the chart it speaks for it self, let me know your opnion. AyadTrade.
Stock investing strategies Read more: www.pretiming.com Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk S&D strength Trend Analysis: About to begin an upward trend as a adjustment trend gradually gives way to increasing limited falls and strong rises. Today's S&D strength...
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-4 days Actions on - A – Activating Event Market will meet resistance in zone @112.1 - .... and fall to the @110.00. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 110.00 FX:CHFJPY...
The Crude Oil set to make a come back! It could rise to just under 58 dollars by February.
GBP/USD was strongly capped on dollar weakness, that's indicate that pound is not rready to go higher, brexit is playing very important role on pound moves. 14 of January is a big day for GBP pairs, I'm forcesting that May will lose on her Brexit deal and pound will fall to my lowest target.