Like many of the USD pairs this week, USD/SGD has shown a lot of strength, from it's lows at the start of the week it has risen 236 PIPS. Price broke to the upside from a descending daily trend channel last week, and this week price has broken again to the upside from a falling wedge. Both good indications that we may be seeing the start of a trend shift. Due to...
EURUSD has been climbing all last 2 weeks but extremely overbought. Pair has moved too fast and I expect a correction soon from the 1.1800 area. Entry: 1.1800 area TP 1 at past support 1.1420 area Short SL at 1.1850 to 1.1900 Good luck trading! Charles V www.cvfxmanagement.com @cvfxwealth Trading made simple
EURUSD has broken upwards of weekly downwards channel. I expect a retracement before looking at potential buys. Indicators: 1. Daily and Weekly RSI is sell zone. 2. Price currently at strong weekly resistance area (Look left). Entry at current price of 1.1608 or 1.1650 Safer entry: Wait for bearish daily candlestick close under resistance area of 1.1600 TP 1@...
EURAUD is consolidating, as summer months typically consolidate. Bias is still upward buy direction Indicators: Pair is bouncing between a 300 pip range (red lines). Blue lines are trendlines, watch out for bounces off of them. Weekly Stochastic RSI in buy zone Area of support has held consistently Buy Entry: 1. Enter at uptrend line 1.6275-1.6300 area 2....
My previous analysis of EURNZD Sell entry was to wait for a daily bear candlestick formation. We now have the green light. Entry: 1. Sell at retest of weekly downtrend line @ .8920 area. 2. Current price of 0.8897 Indicators: 1. Pair currently trading in downwards channel acting as resistance. 2. Daily Uptrend line has been broken with a close under it. 2....
I have been recommending this stock more thn a month ago, always go with the trend and follow the trend this one is on a uptrend and good for a buy tomorrow. I would recommend this one for tomorrow, check over all market and sentiments and look for a buy signal on this one. Hit like & follow
Tyree Thomas Jr uses the Kobane Trading Plan that was taught to me by my mentor IM Academy's educator Curtis Kobane Branch on the on IM Academy's TV live forex training session. I use the trend lines analysis to trap the market and the Fibonacci retracement tool to mark the sweet spot and also to mark the supply and demand zones in replacement of the traditional...
a look at the market and some entry ideas with pretty good profits !!!
FX:AUDCHF Prepare to the next bull run, good risk management
we have harmonik move and we expect to see new wave from 700 pips
Usdcad still stalling after making attempt to break-out from the 5 months resistance zone shown by the channel. The Head and shoulder pattern formed opens a good opportunity to short the Usdcad pair from current price 1.30800 to 1.29350 as bearish moments should be expected over the next 3-4 days.