About meFinancial analysis and research professional with over five years of experience in forex, money market and debt market. Areas of expertise include financial modelling, portfolio management, financial analysis, treasury management, active management, quan
As you may know. the NZDISD is one of the best pairs that respects the long term trend lines.
after observing the NZDUSD for years, I think at this point, this is a great chance to buy NZDUSD and hold.
the strategy is simple:
stop loss below the trend line ( far enough,. remember this a weekly chart, so try to think of SLin figures value not in pips)
TP : you...
USDILS Correct 50 % since its ultimate high of 2015.
Market in USDILS isnot expected to start a consolidation movements. However, for shorter periods, USDILS is expected to drop down as a reversal from the Fibonacci level of ( 50%). while, at the same time , the data reveals for the US dollar are a little disappointed and FED members along with analytics start...
EURUSD seems shaping a H & SHs as left shoulder were at 1.2680.
duration to reach the right shoulder : as geometric chart comparison, left and right shoulders usually symmetric . therefore, it is expected that right shoulders, in order to reach the high 1.2680 , it gonna take the same time the left shoulder which is the end of July.
Cl1 ( crude oil ) is about to hit 10 years trend line :
the crude oil CL1 is reaching its 10 years trend ( 2008), hence i expect a huge reversal behavior continues at long run after hitting the 10 years trend.
GBPUSD Long opportunity on weekly chart
GBPUSD is actuality close that last week at 50% Fibonacci ( 1.2375)
which is a weekly trend line as you see from the chart:
Attention !!!: FOR LING TERM TRADES ONLY
1. Enter long GBPUSD with small amount ( in respective of margin leverage) i suggest ( 1:50) only
2. entry level : 1.3420
3. Stop Loss...