Price is approaching our first support where we could see a bounce above this level to our first resistance level. Stochastic is showing signs of bullish pressure as well. We will be posting the video analysis as well, linked below! Leave a comment on what you would like to see next!
Price is approaching our first support where we could see a bounce above this level to our first resistance level. Stochastic is showing signs of bullish pressure as well. We will be posting the written version as well, linked below! Leave a comment on what you would like to see next!
The left chart shows FXCM's JPY index, the JPYBASKET. It is trading at the black 20-day SMA, which is acting as support(green ellipse). The SMA is still pointing up and the RSI is above 50 (blue rectangle). As long as these dynamics hold, bullish momentum maintains. However, if price drops below the SMA and the RSI dips below 50, the momentum will turn bearish....
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.
