Possible retracement from Fibo 127% Area of Long Entry: 0.75200 - 0.75100 Stop : 0.74800 TP: 0.75800
USDJPY trading between Fibo 38.20% and Fibo 50%. Breakout of the rectangle will cause minimum 50 pips move in the same direction of the breakout. Upside Level :112.250 Downside Level: 111.980 Wait for the breakout and enter in the same direction of the breakout. Stop Loss will be the opposite level.
Fibo 23.60% Retracement of XA movement works as a resistance. ( 133.750 ) We have a triangle pattern on the H1 Chart. If EURJPY breaks below ( Possible levels 1.33.360 ) the target will be 133.040 and 132.300 ( A possible Bullish Harmonic formation targeting the D point ) If EURJPY breaks above the target will be 134.400 - 134.200 ( Possible break out level...
CHART TIMEFRAME: H1 TREND ON THE CHART TIMEFRAME: BEARISH FACTS AND PATTERNS: Bullish Crab Pattern Formation POSSIBLE “PREDICTED” PRICE ACTION: GBPCHF may test FIBO 161.80 retracement and react upwards. ACCURACY: 86% EURCHF TRADE IDEA: ( SHORT TERM – INTRADAY ) TRADE: LONG AREA OF ENTRY: 1.31100 – 1.30900 STOP LOSS: 1.30400 TAKE PROFIT 1: 1.31500 TAKE...
Ahead of FED Announcement on Dec 13th, NFP will be released on Friday. Market sentiment is mixed. FED is largely expected to raise rates for the third time this year. The key factor will be the tone toward further rate hikes, as chances of getting another three hikes in 2018 have been steadily decreasing. Our prediction is that EURUSD will be priced between...
Ahead of FED Announcement on Dec 13th, NFP will be released on Friday. Market sentiment is mixed. FED is largely expected to raise rates for the third time this year. The key factor will be the tone toward further rate hikes, as chances of getting another three hikes in 2018 have been steadily decreasing. Our prediction is EURUSD will be priced between 1.17500...
CHART TIMEFRAME: H4 TREND ON THE CHART TIMEFRAME: BEARISH FACTS AND PATTERNS: EURCHF is approaching support zone. 1.16000 – 1.15800 is the strong support area. A bullish shark pattern completion at 1.15820. POSSIBLE “PREDICTED” PRICE ACTION: Move back from support and a retracement towards 1.16400 and 1.16700 Fibonacci Levels. ACCURACY: 82% EURCHF TRADE IDEA:...
CHART TIMEFRAME: H4 TREND ON THE CHART TIMEFRAME: BEARISH FACTS AND PATTERNS: EURCHF is approaching support zone. 1.16000 – 1.15800 is the strong support area. A bullish shark pattern completion at 1.15820. POSSIBLE “ PREDICTED" PRICE ACTION: Move back from support and a retracement towards 1.16400 and 1.16700 Fibonacci Levels. ACCURACY: 82% TRADE IDEA:...
Timeframe : M30 Area of Entry: 10290 - 10.320 SL and TP levels are described on the chart
USDCAD moves towards 1.28170. Chart Time Frame: H1 TRADE: LONG ENTRY: 1.28170 – 1.28100 STOP: 1.27900 TP1: 1.28450 TP2: 1.28580 Trade setup is valid for 5 H1 candlesticks. H1 Closings below 1.28100 would invalidate the setup
Two levels for SHORT entry: Chart Timeframe : H1 1. Resistance Region : 1.31600 - 1.31800 ( Stop and TP as mentioned on the Chart ) 2. If the price breaks above the resistance Short Entry region : 1.32200- 1.32300 ( Stop and TP as mentioned on the Chart )
USDJPY Potential Long Opportunity Bullish Shark Target: 112.400 and 113.200
EURUSD Forecast and Technical Analysis Week of Nov 27th Triggered by the FOMC Minutes, promising Eurozone Data and finally U.S. Markit Service and Manufacturing PMI which were below the market’s expectations; EURUSD ended week 1.19290. Thursday’s minutes from the latest ECB policy meeting have prolonged this lead, revealing that policymakers broadly agree on the...
Crude Oil Forecast And Technical Analysis Nov 22nd Latest News And Fundamentals: Oil prices climbed on Wednesday after a reported fall in U.S. crude inventories and on expectations that an OPEC-led production cut aimed at tightening the market will be extended beyond next March. It is obvious that Crude Oil Market is being supported by an effort led by the...
Crude Oil Forecast And Technical Analysis Nov 22nd Latest News And Fundamentals: Oil prices climbed on Wednesday after a reported fall in U.S. crude inventories and on expectations that an OPEC-led production cut aimed at tightening the market will be extended beyond next March. It is obvious that Crude Oil Market is being supported by an effort led by the...