About meFor many years associated with financial markets. I have been investing in forex for 8 years with breaks. Currently, I invest 100% on forex.
My background: stock broker, trader, forex trader, private banker.
From October 10, where the price had a peak, it began to sell. The price today found support and was stopped for sale. The nearest target for GBP will be 1,8374. At the end of this week, important figures from the British economy will enter the market. We'll see how the GBP rate will behave.
FX:GBPJPY On the daily chart, the formation of the reversed head and shoulders is visible. Recently, the right formation arm was formed. This caused a strong sale. Today's day will be crucial for GBP/JPY. If on the daily chart we see a stoppage of sales and a candle formation is formed, the next goal should be 149.26.
FX:EURUSD The EUR/USD exchange rate moves in a lateral trend. In Chart D, we can see the right formation of the head and shoulders formation. The price is close to support in the side trend. Chart H4 has a bullish engulfing formation. This week should show us whether the price will be facing the resistance and neck line head and shoulder formation.
FX:USDJPY For a long time, we have been tagging JPY's weakness. After raising the interest rate increase, the USD increased and thus raised the USD/JPY price level. Technically, you can see symetrical triangles. You need to look for confirmation in the candelstick formation.
FX:GBPUSD On the GBP/USD pair, the price fluctuates in the bearish channel. This channel is part of a larger formation with longer intervals H4, D. This is a flag formation. Currently, the price is within the scope of support. On H4 created a pin bar ,that can change price level and a reflection from support.
FX:GBPUSD #GBP/USD From the beginning of September, the price moves in the growth channel. In the last week, the price reached a significant resistance of 1.3299. The latest key information on Brexit caused the rejection of the price of resistance. A large bearish engulfing candle appeared on the daily chart. The chart H4 draws a bearish flag pattern. The...
FX:USDJPY #USD/JPY has been in an upward trend for a long time. The price was close to the key resistance zone 112.78-113.17. The creation of a sales signal in this area may activate sellers. The breakthrough of the growth channel support will be an additional signal for the deepening of the downturn. Currently, the target is the first level of price attack 112.15.
FX:USDJPY In the H4 chart, the price has been reflected from the resistance, several times. The doji formation may signal the change of direction to bears. You should observe the price in order to be able to take the selling position. The first target will be 111.0010. At this level, we will see if the demand will react.
FX:USDMXN In the #USDMXN chart, the price was received from the support of the channel. The demand reaction occurred in the form of a bullish pin bar formation. The continuation of growth should reach the level of 19.05. The next point for the price is the level of 19.37.
FX:EURUSD The course remains in consolidation. Recently, forecasting the price, there was a rebound from the lower consolidation limit and getting to the point of the upper limit. Currently, the price is in the middle of consolidation. In the chart H4, there is no demand candle for now. The price has now reached 50% Fibonacci. If there is no demand response, the...
FX:NZDUSD #NZDUSD we have recently observed a price break from the inheritance wedge formation. The break from this formation did not reach the price to the upper limit of 0.6624. Resistance determined by the upper limit of the inheritance channel. The price is now close to the level of 61.8% Fibonacci, and the support set by the horizontal line.
USD/CHF form 13/06/2018 as formed double high, going down. As I draw on chart is near supply box. But to get better position i'm waiting for price get in box. One to One from double high price should get 0,98485. But as always i'm looking on chart and price pattern's. On H1 i will look closer for price pattern.