USD – The dollar was slightly lower on Thursday in choppy trading, having erased most of its early session losses, as investors bet the Federal Reserve would begin tapering its asset purchases next month and attention turned to the timing of interest rate hikes.
Indeed, Scotia Capital’s chief FX strategist stated: “I think what we’ve seen over the last day or...
This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURCAD broke the bearish flag on Monthly timeframe, big bearish signal.
As you see oil also changed the trend, and its now in a uptrend after it broke the previous top, but soon oil will make a correction, so eurcad will make a correction as well.
Wait for the price to retest the broken bearish flag, then short it from there to the targets mentioned in...
The bearish market structure has been broken by the strong bullish momentum seen over the past few days. The EMAs have crossed over on daily timeframe further indicating a trend reversal
The ideal set-up would be to wait for a new HL to be formed around the resistance-turned-support level of 130.500. This level has also not be retested as yet.
Strong start for this pair so far this morning, since LON open GBP has caught bid. Currently battling breakout lows, we have waited all week for this setup.
Hopefully new lows can be seen and we selloff throughout the day for some solid profit.
Signal ID: 77897
Time Issued: Friday, 15 October 2021 07:16:15 GMT
Entry: 132.267 - 132.663
Stop Loss: N/A
The Breakout Opportunities system has just bought EURJPY at 132.522. The system recommends entering this trade at any price between 132.267 and 132.663. The signal was issued because the EURJPY has broken its 24-hour high while our...
Calculations of the fluctuations range for the present day are published in this section. That is, at the very beginning of the day, you can determine the maximum and minimum of this day (with a known probability).
What does this information give? In fact, a lot. But first of all, these are guidelines for trade. For example, if during the day the price approaches...