One of the amazing things about trading the financial markets is that it is the only industry where we “common folk” have the potential to EXPONENTIALLY grow our income day after day, week after week, year after year. All our lives, from opening up our first lemonade stand to landing our first job, we are taught to make LINEAR income: to exchange TIME for MONEY....
AUDUSD – buyers have open position Trend: Strong Buy Support/Resistance: R4: 0.70222 R3: 0.69921 R2: 0.69492 R1: 0.69172 S1: 0.68977 S2: 0.68695 Price action: Buyers continued price very confident to the price level at 0.69126, where last daily candle closed. Buyers might relaxed for a while and give a chance to sellers to their first support....
EURCHF – this pair is at risky level, where we have to wait for sell if we get sign Trend: Sell/neutral Support/Resistance: R1: 1.10259 S1: 1.09775 S2: 1.08999 S3: 1.08375 Price action: Buyers were keep going to break resistance level at ,but sellers showed first push few days ago very strong. If they will push again, then we know the answer, but if the...
EURJPY – Jpy currency is still in weakness, while buyers might push higher Trend: Strong Buy Support/Resistance: R4: 122.163 R3: 121.717 R2: 121.381 R1: 121.069 S1: 120.400 Price action: Buyers might continue this trend after they break and hold above first resistance, if they're enough strong. First hard and slow target is at 121.381 level. If buyers will...
EURCAD – Sellers trending continuation Trend: Sell/Neutral Support/Resistance: R2: 1.45330 R1: 1.44905 S1: 1.44756 S2: 1.44357 S3: 1.44205 Price action: This case might be for amaterur very tricky. As you can see buyers didn't give us reaction, so the next target for sellers is recent Lower Low and might be even deeper to 1.44357 level. Potencial trade...
CADCHF – Buyers might continue trending Trend: Buy/Neutral Support/Resistance: R3: 0.76779 R2: 0.76566 R1: 0.76330 S1: 0.76126 S2: 0.75823 Price action: Buyers marked first higher high at 0.76330 level in trending flow. Continuation and their focus on other targets will be if sellers will not show much power and if buyers are able to hold above 0.76330 ...
GBPJPY – Following Gbp trending is showing performance to buy this pair Trend: Strong Buy Support/Resistance : R3: 145.741 R2: 143.270 R1: 140.699 S1: 137.820 Price action: Price hold above trending flow, which will first test Higher High levels and then we'll see if Yen currency will deny again. Buyers are enough confidant to continue trending flow in buy...
GBPAUD – Bears hasn't react yet, so daily analysis will show us if sellers are ready to react very strong Trend: Strong Buy Support/Resistance: R4: 1.97145 R3: 1.94481 R2: 1.90087 R1: 1.88622 S1: 0.86416 S2: 0.84203 Price action: This currency pair is currently is strong trending, which is headed to new higher highs. Gbp currency recover from fundamental...
EURCHF – this pair is at risky level, where we have to wait for sell if we get sign Trend: Sell/neutral Support/Resistance: R1: 1.10259 S1: 1.09775 S2: 1.08999 S3: 1.08375 Price action: Buyers were keep going to break resistance level at ,but sellers showed first push few days ago very strong. If they will push again, then we know the answer, but if the...
Trend: Strong Buy Support/Resistance: R2: 0.76198 R1: 0.75760 S1: 0.75454 S2: 0.75454 Price action: If buyers are enough strong to hold key level at 0.75454, then buyers will buy position stronger after they’ve already broken strong 0.75454 level. Potencial trade idea: Bulls targets : T1: 0.75760 T2: 0.76198 NOTE – We are trading CADCHF ...
Trend: Buy/ Neutral Support/Resistance: R2: 0.64883 R1: 0.64448 S1: 0.63910 S2: 0.63540 Price action: Bulls did well done job from previous days and broke sellers resistances without much resting. Because sellers didn’t show much power we might see delay or slower up move where is last higher high before bull run. Potencial trade idea: Bulls...
Trend : Strong Sell Support/Resistance: R2: 1.31866 R1: 1.31332 S1: 1.30866 S2: 1.30400 S3: 1.29758 Price action: Buyers are in sellers trending zone. Few hours ago buyers showed some momentum which might scared others, but sellers quick after retraced for 100%. Sellers are enough strong to break support level at 1.30866. If we hold below, then sell...