This user was banned for violating the House Rules. The ban is for social activity only - participating in public chats, publishing ideas, commenting and so on. The ban has no effect on the functionality of the platform.
EUR/USD still has some room to room but eventuality in the long term picture identifying a buy set up.
EUR/USD BUY LIMIT @ 1.1010/1.0990
SL: 1.0880
TP1: 1.1180
TP2: 1.1280
USD/JPY STUCK IN A LONG TERM DESCENDING CHANNEL. AL LONG AS USD/JPY UNDER 109.80/1.1100 BEARISH SCENARIO WILL PRESIS.
USD/JPY SELL @109.70
SL: 110.00
TP1: 108.30
TP2: 106.60
The market is not respecting the technical analysis nowadays. In December, most of the banks and investors take profit and Christmas is coming. Don't use it over lot. We are expecting a reverse from the cloud right now. after 30 pips profit, please put your Stop Loss in Breakeven.
for more help,
visit us: www. forexpundit. com
US-CHINA trade optimism boosting the world’s wide stock market. OMX_30 is not also exceptional. But we have seen a lot of time, every December stock market rush into profit-taking. So we can expect some seasonal profit-taking ahead of charismas and 31st events.
If we see the chart closely, a rising channel from 2000 and 2016 is capped by right now. Every time the...
Last two trading days VOLVO_B had some profit-taking from 155.15 critical swing zone. But the market already breaks out the descending channel from 2018. So there is another good chance to up technically to 155.15 zones again, till it breaks below 144.40 critical support zone.
Market closing rate 150.55 and it is still above the descending channel level. As...
As a safe haven ( a place of security), all traders are preferring to buy JPY and sell EUR. Therefore, we should wait for EURJPY correction and enter sell EURJPY.