NB; These readings fluctuate from time to time. They apply to daily to weekly timeframes (Not so much on smaller timeframes). Make use of it to trade the best pair (by pairing the weaker currencies to the stronger currencies). For example, taking the current strongest currency - GBP and pairing it to the weakest currency - JPY; = GBPJPY LONG. Thank you. Trade smartly.
Dear traders, Here is your AUDNZD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “1”, and the NZD stands at “3”, meaning that the NZD is stronger than the AUD, thus only looking for BEARISH/SELL opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st SELL...
Dear traders, Here is your USOIL Focus for today. Remember? When USOIL hit rock bottom ($0 per barrel), well, did you go long then? No! Here is another chance. USOIL is in a daily bullish ascending triangle pattern, with the first bottom after the peak established at $57.25, second at $60.90 (78% Fib bounce), and the recent one at $61.70 78% Fib level). Price...
Dear Traders, Gold has been in a strong daily up trend since the double bottom at 1680, however its worth mentioning that Gold is still bearish on the daily timeframe until a new high is created above 1960 price. It is approaching an area with multiple strong resistances, hence the slow down in price growth. And with the US dollar starting to gain strength,...
Dear traders, Here is your EURUSD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the USD stands at “2”, meaning that the EUR is stronger than the USD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Limit is...
Dear traders, Here is your GBPJPY Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “6”, and the JPY stands at “0”, meaning that the GBP is stronger than the JPY, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Limit is...
Dear traders, Here is your GBPUSD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the GBP stands at “6”, and the USD stands at “2”, meaning that the GBP is stronger than the USD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Liimit...
Dear traders, Here is your NASDAQ Focus for today. Nasdaq put in a double bottom a few days ago on the H4 timeframe, and started to make higher highs on the H4 & D1 timeframe, indicating a creation of a new uptrend. However, on the daily timeframe , price is approaching resistance at around 13800 price. We expect price to reject there and retrace back to the...
Dear traders, Here is your EURAUD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the AUD stands at “1”, meaning that the EUR is stronger than the AUD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Limit is...
Dear traders, Here is your AUDUSD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the USD stands at “2”, and the AUD stands at “1”, meaning that the USD is stronger than the AUD, thus only looking for Bearish /Sell opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st Sell...
Dear Traders, Gold has been in a strong daily up trend since the double bottom at 1680, however its worth mentioning that Gold is still bearish on the daily timeframe until a new high is created above 1960 price. It is approaching an area with multiple strong resistances, hence the slow down in price growth. And with the US dollar starting to gain strength,...
Trading is a probability game. Every successful trader knows that any trade he executes may bring either profit or loss. In order to assess a statistical advantage of a trading strategy, it is necessary to execute a large number of trades. That is why, it takes a lot of time to understand how efficient your trading is. There will be loss-making trades and you...
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Dear traders, Here is your AUDNZD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the AUD stands at “1”, and the NZD stands at “3”, meaning that the NZD is stronger than the AUD, thus only looking for BULLISH/BUY opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st BUY Liimit...
Dear traders, Here is your EURGBP Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the EUR stands at “4”, and the GBP stands at “6”, meaning that the GBP is stronger than the EUR, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st Sell...
Dear traders, Here is your USDCAD Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “7”, and the USD stands at “2”, meaning that the CAD is stronger than the USD, thus only looking for Bearish/Sell opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st Sell Liimit...
Dear Traders, Gold has been in a strong daily up trend since the double bottom at 1680, however its worth mentioning that Gold is still bearish on the daily timeframe until a new high is created above 1960 price. It is approaching an area with multiple strong resistances, hence the slow down in price growth. And with the US dollar starting to gain strength,...
Dear traders, Here is your CADJPY Focus for today; According to our Currency Strength Meter Mark (0 being weakest, & 7 being strongest), the CAD stands at “7”, and the JPY stands at “0”, meaning that the CAD is stronger than the JPY, thus only looking for Bullish/Buy opportunities on this pair. NB: These reading fluctuate from time to time. Our 1st Buy Liimit...