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Forexsingals

AUDJPY Strong Trend Reversal Pattern.AUDJPY has given a good rally from its bottom and now it has given a good breakout from its rising wedge pattern, towards the downside. It has formed a complete head and shoulder pattern at the top, which is an indication of a trend reversal signal so, we might see a longer-term trend will be a downside. Target 1 is on the downside for AUDJPY will be supporting 1, at this point, it might be consolidated for now and then move for target 2, which is support 2 at the downside. IF You Like Idea Do Follow/Comment/Like For More Quick Update As Time Is Money. Note - Trade With Proper Risk Management System. Thanks.
Short
by Fx_Trader_ViSa
Breakout Identified in USDJPYThe Breakout Opportunities system has just sold USDJPY at 109.966. The system recommends entering this trade at any price between 109.816 and 109.966. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.368, suggesting that the USDJPY may have further to fall. A stop loss has been set at the 24-hour high of 109.966 and a profit target has been set at the 1 Day ATR level at 109.366. The system will move the stop to the next 24-hour high every time that 24-hour high is lower than the previous 24-hour high. Breakout Opportunities is a breakout strategy that aims to catch the significant moves that typically happen when currencies break through technical support or resistance. Signal ID: 62323 Time Issued: Thursday, 07 February 2019 02:31:15 GMT Status: open Entry: 109.816 - 109.966 Limit: N/A Stop Loss: N/A CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Short
by FXCM
1
GBPUSD approaching resistance, potential drop! GBPUSD is approaching our first resistance at 1.3297 (horizontal overlap resistance, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) and a strong reaction might occur below this level pushing price down to our major support at 1.3154 (61.8% Fibonacci extension). A breakout below our intermediate support at 1.3212 (horizontal swing low support) might provide the bearish acceleration to our major support level. Stochastic (55,5,3) is also approaching our resistance and a reaction off this level might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Short
by Tickmill
2