Forex Market

GBPUSD, Sell on H1. - Continuous downward.

The table above describes all possible pattern variations: harmonic gartleys, advanced gartleys, pesavento gartleys, harmonic bats, advanced bat and UG. If you look closer the range of ratios covers everything. Now, let's go into some details... 1) Intro In this test the patterns were found and drawn by MPS. The algorithm of swing identification was set to...

We have our short trade on USDJPY with a great entry closed earlier before FOMC with 10 pips profit. The signal should have tp1 hit with 80 pips. But we choose to trade with caution. Finally we could now say USDJPY is turning down by reaching the reflection point on the channel. Our last tp1 is just a small miss. We could see the possibility that USDJPY has to...

So far it is moving against the trend, but it is starting to look like resistance has been hit already. So we might not reach that ideal trap zone as shown on the right. Don't know for sure if this is a bullish triangle or a wedge, but i think the green and red zone (the range), will probably give us an answer. For more info, read my previous analysis to...

USDJPY /H1 / AB=CD AB=CD pattern is triggered Stop level and Targets are on the chart Wish you many pips PS: Thank you very much that you support me with your likes and Comments If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.

EURCAD / H1 / Technical Chart Bat pattern was triggered, Targets and stop level is on the chart Wish you many pips PS: Thank you very much that you support me with your likes and Comments If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.

USDCHF is approaching its support at 0.9855 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 0.9929 (23.6% Fibonacci retracement, horizontal pullback resistance). Stochastic (89, 5, 3) is approaching its support at 3% where a corresponding bounce could occur.

Long AUDCAD at 0.9500 TP 0.9577 S.L 0.9465 Risk/Reward: 2.2 Risk of capital for trade: 1.5% Accumulated profit before trade: 2.232% Dovish FED may keep USD & CAD under pressure Breakout above horizontal resistance

CADJPY is approaching its support at 0.9394 (61.8% Fibonacci extension, 76.4% & 38.2% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 83.37 (61.8% Fibonacci retracement). Stochastic (55, 5, 3) is approaching its support at 4% where a corresponding bounce could occur.

By Andria Pichidi - March 20, 2019 AUDNZD has returned nearly all gains seen on Monday, by turning below 1.0350. AUDNZD overall has faced major losses since its 1.1174 high in July 2018, by keeping a constant downtrend direction. This negative outlook has not changed in March, as the pair is moving below all 3 daily MAs and significantly as there is a long way...

Here we have an opportunity to short GBPCAD at the break of the rising channel. Bearish Signals: Double top, RSI divergence, 1.272 fib extension confluence with channel support and structure (look left!)

EURNZD is approaching its support at 1.6419 (61.8% Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 1.6513 (50% Fibonacci retracement, horizontal pullback resistance). Stochastic (89, 5, 3) is approaching its support at 2.6% where a corresponding bounce could occur.

Near 1.14027 is a good place to open Buy - Price broke up Upwardchannel - Daily candle close above Goal before 1.15

Signal ID: 64381 Time Issued: Wednesday, 20 March 2019 00:00:04 GMT Status: open Entry: 1.13346 - 1.1347 Limit: N/A Stop Loss: 1.13656 The Tidal Shift Strategy has just sold EURCHF at 1.13408. The system recommends entering this trade at any price between 1.13346 and 1.1347. The signal was issued because our Speculative Sentiment Index has hit its most extreme...

Another new pair that we have a signal this week hit TP1 with 80 pips now. Remeber that we said this is a potential CYPHER C to D? Does it matter if this assumption is right or wrong? I dont think so. An assumption could be wrong , but I dont need to prove it right. I want my assumption help me making profit. EURGBP could stop rising on any blue resistance zone....

The market is in a bearish trend. The price is at the resistance zone formed by the downtrend line and 0.71000 resistance level. The price action in this zone will be able to give us new trading opportunities based on the daily and lower timeframes and give insight for further market movements. We have to take into consideration two possible variants. If the...

By Andria Pichidi - March 20, 2019 Yen crosses have also been buoyant, with the Japanese currency having been underperformed. One notable exception has been AUDJPY in Asia session, which dipped amid underperformance in the Australian Dollar, which was seen concurrently with a 4%-plus tumble in iron ore prices (sparked by news of the reopening of a major mining...

Comments by opposition leader Jeremy Corbyn, hinting that a referendum could take place while also supporting the case of an election, coupled with Junker’s statement that he warned May against extension beyond May 23 appear to be fanning the flames on May’s already fragile position. The overall sentiment is that the EU is hardening its stance against the UK, as...