Hello, today is an extremely important day. We are waiting for the press conference of Jerome H. Powell and the movements he will provoke. One option that looks good is USDCHF. Here we have a break of the downward trend and then the development of a triangle. This triangle will most likely be broken today! We expect to see a rise, as trades are recommended...
For more than a month, the EURCHF has been in a range of 120 pips. As we know, both options are ,to trade within the range or to wait for a breakthrough. The price has already been repulsed several times and if we are looking for the next repulse, now is the time to buy! The profit remains the upper end of the range, where it can be sold! Support us with...
After buying several times last month, we saw a price drop in August. Now, however, we see the first signs of exhaustion of this movement. -The strength of the trend is decreasing; -We see a breakthrough of the last downward momentum; - We already have a higher bottom on H1 chart. These are the first signs that the downward movement is over. In case of a...
The weakening of the USD led to a decrease in the USDCHF to just over 0.9000. We have not seen such values since January 2015, after SNB refused to maintain the minimum of 1.2000. Upon reaching, we see the depletion of movement with minimally lower bottoms. We currently have a break in the trendline and a higher bottom. In case of a break at the top, the...
From the end of June GBPJPY started a very nice upward trend. Last week the price reached 140.20 and entered a correction. However, yesterday clearly shows us that this correction is over and it is time for higher values. GBP is the strongest currency within yesterday. This force allows us to see increases in other pairs with the GBP currency. Support us...
Yesterday was interesting and with good movements. This morning we are reviewing the daytime candles for turn signals and one of the options is USDJPY. Here we have bullish engulfing, which is a signal of an expected rise in price. We expect buyers to be stronger than sellers in the next few days. We found another very clear signal on the daily chart of one...
One of the most pronounced trends at the moment is that of EURJPY. What is done in such movements is simply to follow them. This is the easiest and most profitable. Remember that the trend is our friend and we should not pass it on :) Here we have several corrections (reversal of a smaller period) after which we have a continuation of the main movement. Wait...
While major pairs are still consolidating, USDCAD is making new lows. Here things seem extremely clear. - we have a downward trend of D1 - we have a downward trend of H4 - we have a downward trend of H1 - break of support - engulfing candle of H4 We expect the movement to continue towards the following supports: 1.3144 1.3107 Watch for a break in the trendlines...
For a week now, the main pairs have been in consolidation. We expect to see clearer movements this week. The event that could launch them is FOMC Minutes on Wednesday. Before that, however, there are interesting opportunities in crosses. One of them is EURAUD! Here we have a break of the downward trend and the start of a new upward movement. The current moment is...
After a rapid decline at the beginning of the week, the price managed to stabilize and return to $1950 level. However, this rise does not seem to have the strength to continue. The most likely scenario at the moment here is to see at least a test of the previous bottom, and very likely a breakthrough. The support levels are: 1907 1880 1850 Lowering the price to...
With the recovery of the euro yesterday, we also saw an increase in EURGBP. This rise managed to break the trend line and seems to have the strength to continue. Before that we saw the exhaustion of the downward movement with the impossibility of lower values. Currently, the main support is the zone 0.9033-7 The expected resistance levels are 0.9077 and 0.9108
After successfully selling EUR, AUD, GOLD against USD, now it's time for GBP. Here the formation is extremely clear - head and shoulders. We already have the formation of the right shoulder and we are waiting for the breakthrough. This break can take the price to 1.2949 and 1.2838. You can support us by liking and commenting
Yesterday the week started calmly and we expect it to continue like this. No sharp movements and no record values. While we are waiting for several positions of the main currency pairs to develop, we can see an opportunity in GBPCHF. Here we have an upward trend, which is broken, but the price does not reverse the trend but forms a triangle. It is the fact...
Time for corrections! Are you selling dollars? Stop for a moment! In recent weeks we have seen a decline in the USD, which we managed to trade very well. Now is the time for adjustments and we will be able to catch these movements as well. As early as Friday, we expected the EURUSD to turn around This is already done! Now we expect it to continue, as well as...
Yesterday we saw another test at 1.19, but very sharply the price has return. This morning we see a new decrease. It closed below the previous and thus formed a double peak of H1. This may lower the price to previous levels in the 1.1700 range. Today is an important day for EURUSD. As usual on the first Friday of the month we expect NFP! It is this news that can...
Yesterday's analysis that we sent to GBPUSD is developing well. Today we include GBP again, this time with JPY. And here we have a very good trend of all periods. On H1 after the last rise to 139.20 the price is in consolidation. We can expect a break of 139 to confirm the resumption of the movement or even make an entry from current levels. There are grounds...
After the last few days we have seen a price return below 1.30, we now see a new strength in GBPUSD. The upward trend is definitely remain for all periods and we can soon see higher values. Currently the price is below the resistance 1. 3114. Passing over it makes it possible to reach: 1.3230 and 1.3307. This scenario breaks when it falls below 1.2975...
We have been seeing a decrease in EURUSD for 2 days now. After seeing the highest values in a long time last week, the price started correction on Friday. The NFP report is expected this week. We expect to see the correction continue and reach 1.1607. The moment seems very suitable for sale, as we see a break of the trend line, as well as an ongoing test of the...