KAY-FX18

KAY-FX18

As clearly seen price is moving nicely within a daily channel, price found support around the 137.330 level which was previous acting as resistance, and since price has been in an inner Rising wedge pattern approaching a resistance point at 142.300 psychological value, bullish momentum has been depleting as price approaches this level, price is currently in a...

KAY-FX18

The EURUSD can be seen to have broken out of a descending trend line and is currently make higher highs and higher lows while still forming a rising wedge pattern visible on the 1hr, price is currently at a resistance zone and it exhibiting indecision signs, (doji) I'll be looking for a 4hrs bearish engulfing candle to complete and head and shoulders formation on...