FxLabsPlus

FxLabsPlus

EURJPY will keep bidding and going higher as long as the price is above 142.39 If this price is touched or if the current price goes lower than 142.39, then 139.00 probability increases.

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0.8575 is an important price level for EURGBP its a make or break level for EURGBP, there is a high chance this level will break and EURGBP will see 0.84 handle again.

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Choppy moves in the Asian session can lead to a breakout in the london session

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Interesting level for EURGBP, the best entry to go long on this pair would be above 0.8275, however traders with sizeable equity can start going long from 0.8350 until 0.8275. Target potential is massive as Europe is showing a lot of support for the Ukraine against Russia which could bolster the EUR currency.

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Flag formation of 15 to 20 bars on Daily along with reversal engulfing candle in Asian session start of the week indicates a bullish tone. Key level 1.1310-20.

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Nice momentum building up around 1.67 handle. Potential target at 1.70 big figure.

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This Pair has taken the Sting of Downward Momentum Away from the Bears and is trying to Consolidate above 1.1300. Its a painful Trade for Bulls but Patience is the Key is here.

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Above 1.3570, BUY GBPUSD on dips for a target of 1.3830 and beyond. Current price at 1.3650.

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EURUSD BUY Stop at around 1.1380 entry for target 1.1500, If the price is below 1.1350 then pair is still in DownTrend.

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Important support near 0.7050 area. If it breaks psychological 0.70 handle consistently then 0.6850 is the next key support.

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Head and Shoulder formation on weekly, Good Entry level between 23200-23400, target 23700-800 or beyond.

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1.8780 to 1.9800 is an excellent range where the price now is trading around 1.96xx levels. 1.98 levels provide excellent resistance.

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EURGBP rallied to just shy of its 200-day SMA. Better risk sentiment today has led to some selling toward the 0.85 round number. The 200-day SMA resistance as well as the upper trend line of the descending channel has been a key line in the sand which has seen rallies stumble. If EURGBP pushes higher above the 200-day SMA it could move towards 0.86-0.865 as...

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We are including fresh BUYS in our quest to target 1.2000 big figure. The pitchfork construction is respected by EURUSD price movement and we will keep a big TARGET on this trade. Entry 1.1615 to 1.1950 and beyond. Only for traders with big heart, mindset, patience and good money management skills. Small time traders and gamblers who criticize all the time are...

FxLabsPlus Updated 

Buy at 1.6220, this trade entry will be purely on price action and risk-reward ratio. Target 50-100 pips before the week ends.

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Sell Gold below $1760.00, target $1715 or below, chances of breaking $1700. The price action states weakness in Gold and bulls reducing power.

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Another fresh buying opportunity for EURUSD, we are very bullish on this pair going in October and November. Good levels to buy on every dip. Target 1.1900 and beyond.

FxLabsPlus Updated 

USDCAD had been the strongest currency most of the month of August 2021. The next strong resistances are 1.2925 and 1.3025. Currently trading at 1.2825, the pair has shaken most of the CAD bulls going from 1.2625 to almost 200 pips USD gain against the CAD. We like the idea of a long CAD against USD and expect the price to go back to 1.26 levels. Month end of...