The left charts show's FXCM's dollar index, the USDOLLAR, trading at its black 20-day SMA. The daily RSI is pushing above 50 (blue rectangle), which is suggestive that an underlying bullish momentum is developing. However, it will need to trader higher to cement this view - at current levels the buyers and sellers are in agreement. This is clearer on the right...
Price is approaching our resistance where we could see a reversal below this level to our first support level . Stochastics is approaching resistance as well. We will be posting the video version, linked below, so do check that out!
Price is approaching our resistance where we could see a reversal below this level to our first support level. Stochastics is approaching resistance as well. We will be posting the written version, linked below, so do check that out!
Signal ID: 71589
Time Issued: Thursday, 23 April 2020 08:07:15 GMT
Status: open
Entry: 107.328 - 107.649
Limit: N/A
Stop Loss: N/A
The Breakout Opportunities system has just sold USDJPY at 107.56. The system recommends entering this trade at any price between 107.328 and 107.649. The signal was issued because the USDJPY has broken its 24-hour low while our...
Signal ID: 71579
Time Issued: Thursday, 23 April 2020 03:00:16 GMT
Status: open
Entry: 0.9711 - 0.97356
Limit: N/A
Stop Loss: 0.96741
The Tidal Shift Strategy has just bought USDCHF at 0.97233. The system recommends entering this trade at any price between 0.9711 and 0.97356. The signal was issued because our Speculative Sentiment Index has hit its most extreme...
In the long term, there's a trendline pullback in forming, which indicates possible retracement. In the short term, we found a bearish channel and price is touching the upper band of the channel, indicating a good time to sell ! We use fibonacci retracement , graphcial levels to find our levels. A bit of fundamentals as well for the trade direction.
If any part...
In the long term, there's a trendline pullback in forming, which indicates possible retracement. In the short term, we found a bearish channel and price is touching the upper band of the channel, indicating a good time to sell ! We use fibonacci retracement, graphcial levels to find our levels. A bit of fundamentals as well for the trade direction.
If any part...
Price is approaching our first resistance where we could be seeing a reversal below this level. Our sell entry is in line with our 50% fibonacci retracement and horizontal overlap resistance where we could see a further drop below this level. Please also like our video and let us know of ideas you would like to see next!
Price is approaching our first resistance where we could be seeing a reversal below this level. We will also be publishing a written version, so do keep a lookout for that!
Please also like our video and let us know of ideas you would like to see next!
AUJPY is on a bearish trend in the long term and we take it as a strong representative of risk sentiment ( can refer to its strong correlation with SPX which we showed in the video). We are shorting it from a key resistance level and we are waiting for a further push up to that level. Hope you enjoyed the video!
Entry: 70.32
SL: 72.84
TP: 64.24
Signal ID: 71563
Time Issued: Tuesday, 21 April 2020 14:00:15 GMT
Status: open
Entry: 132.418 - 133.1
Limit: N/A
Stop Loss: 134.124
The Tidal Shift Strategy has just sold GBPJPY at 132.759. The system recommends entering this trade at any price between 132.418 and 133.1. The signal was issued because our Speculative Sentiment Index has hit its most extreme...
Signal ID: 71562
Time Issued: Tuesday, 21 April 2020 13:00:15 GMT
Status: open
Entry: 1.2249 - 1.23034
Limit: N/A
Stop Loss: 1.23849
The Tidal Shift Strategy has just sold GBPUSD at 1.22762. The system recommends entering this trade at any price between 1.2249 and 1.23034. The signal was issued because our Speculative Sentiment Index has hit its most extreme...
EURAUD is waiting for downside confirmation. If price is able to break below the downside confirmation, it will open up a bigger drop towards our target.
NZDUSD is waiting for a push up to key resistance at 0.6224 which we found in the weekly chart. If price approaches the level, a reversal is likely to occur. You can also refer to the chart linked below for our precise levels.
NZDUSD is waiting for a push up to key resistance at 0.6224 which we found in the weekly chart. If price approaches the level, a reversal is likely to occur.
The left chart shows FXCM's JPY index, JPYBASKET. It has pushed above its 20-day SMA and the SMA has started to turn up. Moreover, the RSI is on the bullish side of 50 (blue rectangle).The right chart shows the hourly time frame. Here, we can see that the EMAs are in bullish mode and the RSI, whilst testing the 50 level, has started to push up again. If the hourly...
The left chart shows FXCM's dollar index, USDOLLAR, challenging its black 20-day SMA. We note that, the RSI is looking to move to the bullish side of 50 (blue rectangle). If it does and the index pushes above the SMA, with the SMA turning up than risk-aversion is likely to dominate. The right chart shows the hourly time frame. Here, we can see that the EMAs are in...
Signal ID: 71546
Time Issued: Tuesday, 21 April 2020 02:43:15 GMT
Status: open
Entry: 107.341 - 107.663
Limit: 106.647
Stop Loss: 107.850
The Breakout Opportunities system has just sold USDJPY at 107.572. The system recommends entering this trade at any price between 107.341 and 107.663. The signal was issued because the USDJPY has broken its 24-hour low while...
