USDCHF has broken the trend line. Long from the current level and short with the possible Butterfly completion. Good Luck
The first target of the pair is 0.88650. With the breakout of the trendline 0.885500, 0.88330 and 0.88000 will be tested. We may see a retracement from 0.88640 towards 0.88950.
EURCAD a clear Dragon Pattern with god risk reward ratio Add LONG with the break out of 1.49860 Good Luck
USDJPY Long Trade Pattern: ABCD Chart Timeframe: H4 Levels as described on the chart
Chart Time Frame: H4 ENTRY CURRENT LEVEL 113.45 STOP 113.150 TP1: 113.850 TP2 : 114
Crude Oil is trading on the let's wait and see mode. OPEC and Non-OPEC summit will be held on November 30th. Bearish consolidation is in action. I look at “this sell-off” as a technical correction. Above chart is one of my longterm charts. Crude Oil prices broke above the longterm downtrend line and tested 58 USD ( a historical level as well ) Now it pulled...
Today Draghi's speech and U.S housing data may have an influence on the pair. The picture is clear as shown in the 4 Hours Chart. If you can not trade a million contract to have an effect on the pair the best strategy will be: Sell from resistance zone and buy from support zone. Or wait for the break out of the support or resistance to enter the trade. The...
Possible short opportunity with the break out of the trend line. Targets of this trade: 1.26500 1.25600
USDJPY Trade Idea Chart Time Frame: H4 Pattern: Harmonic Bullish USDJPY Completed its downward movement at D Point 112.500. Testing the Resistance of 113.100 H4 Closing above 113.100 will carry the price 113.500 and 113.800
Levels as described on the chart
Our AUDNZD Trade Idea: SHORT at 1.11500 ( Fibo 61.80% ) Stop: 1.11880 Target: 1.10600 Good Luck
EURAUD Potential Short Trade Opportunity EURAUD is likely to test the resistance and it will be a good SHORT trade opportunity since RSI making lower highs. There are two possible levels to enter a SHORT trade. Target of this trade : 1.52600 and 1.51800
Resistance Break out. Trade: LONG ENTRY: 1.68700 STOP: 1.67800 TP1: 1.69100 TP2: 1.69700
Chart Timeframe: H4 Pattern: Bearish Butterfly GBPAUD has completed bearish butterfly. Possible target of the pattern is: 1.71800 – 1.71600 region TRADE: LONG ENTRY: H4 Closing above 1.71600 ( wait for the H4 Closing ) STOP: 1.71200 TP1: 1.72600 TP2: 1.73000 Good Luck
XAUUSD Gold Forecast and Technical Analysis Week Nov 13-17 Although the Gold finished the week in a positive territory, the market is mired in a narrow trading channel and needs something big to break out. A catalyst is needed. Earlier in the week, gold prices managed to reach a three-week high, which was short-lived as upside momentum weaned on Friday. The...
EURUSD Forecast And Technical Analysis November 13-17 Fundamentals: EURUSD trade has been affected by the US tax reform progress past week. USD not only failed to continue rallying, but lost its bullish charm somewhere between disappointment around the tax reform and plummeting equities, and an empty macroeconomic calendar, which left investors clueless on...