Signal ID: 71535 Time Issued: Tuesday, 21 April 2020 00:17:16 GMT Status: open Entry: 116.603 - 116.948 Limit: 115.888 Stop Loss: 117.270 The Breakout Opportunities system has just sold EURJPY at 116.841. The system recommends entering this trade at any price between 116.603 and 116.948. The signal was issued because the EURJPY has broken its 24-hour low while...
Price is approaching resistance where we could be seeing a reversal below this level. Our first resistance level is in line with our 78.6% fibonacci retracement and 78.6% fiboanacci extension. Please also tell us what you would like to see next.
Price is approaching resistance where we could be seeing a reversal below this level. Our first resistance level is in line with our 78.6% fibonacci retracement and 78.6% fiboanacci extension. We will be posting the written version as well so do keep a lookout for that! Please also tell us what you would like to see next.
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.
Hey everyone we are on GBPCHF today. Price is approaching our upside confirmation, in line with a 61.8% fibonacci extension and graphical pullback resistance. If price breaks above this level, it will open up more upside from here.
GBP/USD is approaching our first support and we could be seeing a bounce above our buy entry to our take profit level. Our video analysis is up too, so please refer to that for a step by step guide on how we get those levels. Also let us know what you would like to see next :)
GBP/USD is approaching our first support and we could be seeing a bounce above our buy entry to our take profit level. We will also be posting the written version so do keep a look out for that! Also let us know what currency pair you would like to see next.
The left chart show's FXCM's emerging markets currency index, EMBASKET is black below its 50-day SMA. Moreover the SMA is pointing down with the RSI on the bearish side of 50 (blue rectangle). The right chart shows the hourly time frame. Here the green 5-hour EMA has crossed below the orange 10-hour EMA (green ellipse) and the RSI has moved below 50 (bright green...
The left chart shows the daily time frame of FXCM's dollar index, USDOLLAR. The black 50-day SMA continues to hold as support and move upwards. However, the daily RSI is still to move above 50, which would be indicative of an underlying bullish momentum. The right chart shows the hourly time frame. Here, the EMAs are bullish (green ellipse) and the hourly RSI is...
AUDUSD is in a bullish wedge and a reversal breakout is likely. Price is near a key resistance where the 78.6% fibonacci retracement lines up with the 61.8% retracement and we might see a possible drop from there.
Price is reaching our sell entry in line with our 127.2% fibonacci extension and 76.4% fibonacci retracement where we could be seeing a reversal below this level. Hope you guys find this useful and please leave a comment on what currency pair you'd like me to analyze next too!
Price is reaching our sell entry in line with our 127.2% fibonacci extension and 76.4% fibonacci retracement where we could be seeing a reversal below this level. Hope you guys find this useful and please leave a comment on what currency pair you'd like me to analyze next too. I will be publishing the written version as well, so do keep a lookout for that!
Price is near the end of the triangle pattern and we are waiting for a possible breakout to enter our sell trade. Since USD is strengthening in the market, EURUSD tend to weaken. Our target is where the 100% fibonacci extension is.
Today we will take a good look at XAUUSD and what possible key levels to look out for. Right from the long term, down to the short term! I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the XAUUSD! Let me know your thoughts and what other pairs you'd like me to...
This is the chart shot for today's Video Analysis of NZDUSD. Today we will take a good look at NZDUSD and what possible key levels to look out for. Right from the long term, down to the short term! I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the NZDUSD! Let...
Price is near the end of the triangle pattern and we are waiting for a possible breakout to enter our sell trade. Since USD is strengthening in the market, EURUSD tend to weaken. Our target is where the 100% fibonacci extension is.
The left chart show's the daily chart of FXCM's dollar index, USDOLLAR. The instrument is holding support at the black 50-day moving average. The RSI is also looking to cross above 50, which is the bullish side of the oscillator. The right chart shows the hourly time frame. Here the RSI is already bullish and if the EMAs start moving upwards (green ellipse), the...
This is the chart shot for today's Video Analysis of USDCHF . Today we will take a good look at USDCHF and what possible key levels to look out for. Right from the long term, down to the short term! I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the...