PlusFX

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Last visit Joined a year ago London plus_fx www.plusfxtrading.com
Markets Allocation
100 % forex
Top Mentioned Symbols
EURUSD 28% | 4 GBPUSD 28% | 4 USDCAD 14% | 2 USDJPY 14% | 2
PlusFX PlusFX EURUSD, D, Short , a year ago
EURUSD: EUR/USD ahead of ECB policy meeting tomorrow
109 0 4
EURUSD, D Short
EUR/USD ahead of ECB policy meeting tomorrow

The EUR/USD has hit the 38.2% fib retracement and is forming doji candlestick patterns which hints a possible move downwards. If Quantitative easing is increased tomorrow then we expect the Euro to fall and Vice versa. See www.plusfxtrading.com for more in depth analysis.

PlusFX PlusFX USDCAD, W, Long , a year ago
USDCAD: USD/CAD hit 23.6 Fibonacci retracement on weekly chart.
426 0 1
USDCAD, W Long
USD/CAD hit 23.6 Fibonacci retracement on weekly chart.

Long term, the USDCAD looks bullish. the past few weeks has seen the commodity reliant pairing drop a fair amount due to the recovering oil prices. However, the price has hit the 23.6% fibonacci retracement, therefore we are waiting for some sign of a bullish continuation. The daily chart also shows the price touching the 200 EMA then having a strong bullish ...

PlusFX PlusFX GBPUSD, D, Long , a year ago
GBPUSD: GBP/USD bouncing off support
98 0 4
GBPUSD, D Long
GBP/USD bouncing off support

Now that the GBP/USD has set fresh new lows we had to look at the bigger picture for a hint of the direction. We can see that the price has bounced off a key support zone, therefore, we are going long with the scope of it hitting our resistance. See www.plusfxtrading.com for in depth analysis.

PlusFX PlusFX USDJPY, 240, Short , a year ago
USDJPY: USD/JPY dropping off strong resistance
68 0 4
USDJPY, 240 Short
USD/JPY dropping off strong resistance

The USD/JPY looks to be dropping off a strong support and near the 23.6% fibonacci line. We enter short with the target set at 111.00. See www.plusfxtrading.com for more analysis.

PlusFX PlusFX EURUSD, D, Long , a year ago
EURUSD: EUR/USD looking bullish
98 1 2
EURUSD, D Long
EUR/USD looking bullish

After putting in a strong bullish candlestick on a strong support we have entered long. see www.plusfxtrading.com for analysis

PlusFX PlusFX EURUSD, 240, Long , a year ago
EURUSD: Waiting for EUR/USD bull confirmation.
117 0 2
EURUSD, 240 Long
Waiting for EUR/USD bull confirmation.

EUR/USD is currently sitting on a very strong support line, we are awaiting bullish confirmation before entering into a long position. Green line at the previous high is our take profit. please see www.plusfxtrading.com for more analysis.

PlusFX PlusFX USDJPY, 240, Short , a year ago
USDJPY: USD/JPY dropping off 23.6% fib line
63 0 2
USDJPY, 240 Short
USD/JPY dropping off 23.6% fib line

After touching the resistance at 23.6% we are expecting the price to fall back to the 0% mark. see www.plusfxtrading.com for more analysis.

PlusFX PlusFX GBPUSD, 240, Long , a year ago
GBPUSD: Waiting for GBP/USD retracement
71 0 1
GBPUSD, 240 Long
Waiting for GBP/USD retracement

As the GBP/USD approached the previous low set at 1.406 mark we are awaiting a retracement confirmation. The RSI is approaching the oversold zone aswell. We expect the price to target the 23.6% fib line. see www.plusfxtrading.com for more in depth analysis.

PlusFX PlusFX USDCAD, 240, Short , a year ago
USDCAD: USD/CAD Short term Bear
88 0 3
USDCAD, 240 Short
USD/CAD Short term Bear

USD/CAD looks to be approaching a support level after touching a declining resistance mark. See www.plusfxtrading.com for more analysis.

PlusFX PlusFX NZDUSD, 240, Long , a year ago
NZDUSD: NZD hit a strong declining resistance.
49 0 1
NZDUSD, 240 Long
NZD hit a strong declining resistance.

The NZD/USD has currently hit a very strong declining resistance line. This is looking very bearish at the moment with a key inclining support set at roughly 0.658. However, we expect the price to break this support and head southwards towards the low of 0.634. We will sit tight and await a bearish confirmation. See www.plusfxtrading.com for more in depth analysis.

PlusFX PlusFX GBPUSD, 240, Short , a year ago
GBPUSD: GBP/USD should be returning back to previous low.
43 0 0
GBPUSD, 240 Short
GBP/USD should be returning back to previous low.

GBP/USD retraced back to the 50% mark after hitting a fresh low which has not been hit since 2008. We are expecting the price to return back to the low of 1.408. The current resistance is the 23.6% fib line at 1.434 and the support at the 0% line. Please see www.plusfxtrading.com for more in depth analysis.

PlusFX PlusFX AUDUSD, 240, Long , a year ago
AUDUSD: AUD/USD Touching support
33 0 0
AUDUSD, 240 Long
AUD/USD Touching support

The AUD/USD is touching the established support line in a wedge formation. On monday we will consider entering long with an initial target of 0.718. The stop loss will be set just below the swing low. Please see www.plusfxtrading.com for more in depth analysis.

PlusFX PlusFX GBPUSD, D, a year ago
GBPUSD: GBP range trading between Fibonacci lines
53 0 2
GBPUSD, D
GBP range trading between Fibonacci lines

GBP/USD is currently sitting between the .764 lines and the .618 mark. Price recently hit the .618 and strongly declined. We believe the price will be hitting the .764 line maybe even carry onto the previous low at 0. See more Technical analysis at www.plusfxtrading.com

PlusFX PlusFX EURUSD, 240, Long , a year ago
EURUSD: EUR/USD Ready to bounce off support
67 0 0
EURUSD, 240 Long
EUR/USD Ready to bounce off support

As the EUR/USD approaches a key support level, we are waiting for a solid bullish candlestick formation to signify an entry signal into a long position itially it will target the previous high. Find out more analysis at www.plusfxtrading.com .

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