USDJPY > Simple candlestick signals easy to recognizeEducation > Basic Candlestick Signals
Chart > USDJPY > Non-Farm Payroll News Release > Friday, Oct. 6, 2017 - 8:30 A.M.
Analysis in chart
1. Large body w/small wicks indicate strength
2. Larger the body w/smaller wicks indicate greater strength
3. Long wick w/body at opposite end of candle indicates shift in trend momentum
4. Wicks at both sides w/smaller body in middle indicates indecisiveness and both sides have equal strength
5. Larger wicks w/smaller body in middle indicates increase of indecisiveness
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience.
Candlesticksignals
EURGBP > Strong Bearish leg possiblityEURGBP - 0.9011 > 0.8640
Details in chart
* Personal analysis only. Please use your own rules and strategies prior to entering market.
** Forex trading involves HIGH RISK.
Before entering a trade, carefully consider your objectives, financial resources and level of experience
GBPAUD Short possibilityTimeframe: 4H
Expecting uptrend due to Three Outside Up Bullish Reversal and Engulfing Bullish during last session.
Corrective Fall expected.
Resistance @ 1.6331, 1.6422, 1.6494
Support @ 1.6168, 1.6096, 1.6005
Choose Entry Point within rules/strategies accordance
Previous session:
H = 1.6361
L = 1.6174
O = 1.6305
C = 1.6237
Pivot Point = 1.6257
Personal analysis only. Please use your own rules and strategies prior to entering market.
USD/JPY Riding the WavesSupport @ 110 held, Hammer formed, signaling Bullish trend.
Break above Hammer = possible rise to 112.5
Break above 112.5 = possible rise to 115 level
Break below Hammer = possible decline to 108
Break below 108 = possible further decline to 100
Bullish trend still showing momentum, however taking into consideration eventual market correction.
Personal analysis only. Please use your own rules & strategies prior to entering market.
EURAUD probable Bullish trendWatching for break of 1.4778 for Bullish signal to possible 1.5072
BUY Enty Order placed @ 1.14780 / TP @ 1.50650
R1 1.4731 R2 1.4741 R3 1.4754
S1 1.4704 S2 1.4690 S3 1.4679
If 1.4778 not broken, Order will be cancelled.
Personal analysis only. Please use your own rules & strategies prior to entering market.
$MIK-ing The Market Two days ago (July 25th), we mentioned that Shares of $MIK is looking ready to go higher. Time to be a buyer. Today the stock is up 3.98% Technical Analysis is live and well.