USDJPY Still the pair large trend shows another leg down towards 108.00, after FOMC dovish statement the pair fall again from strong resistance. Currently the pair trading above on strong support could possible temporary bounce with resistance at 110.85/111.05 now ideally capping to keep the risks directly lower to test the low of the year at 108.13. Long...
USOIL prices rose on Tuesday, lifted by indications that supply is gradually tightening, especially in the United States. U.S. crude production has broken through 9.5 million barrels per day (bpd), its highest since July 2015, but analysts say growth may slow as U.S. energy firms cut the number of rigs drilling for new oil."It looks like the growth in U.S....
USDCAD pair fall after Canada CPI positive, still the daily target has not achieved, as technical the pair bounce from 38.2 fibo ,currently the pair trading on 4hr support with under the bearish tend, if break we can see daily target , we expect one more bounce from here towards 1.2600/1.2625 and then we can see another fall towards 1.2460. we don't like to buy...
NZDUSD the pair trading on strong support zone with double bottom pattern on daily candle , but it stuck under the strong resistance 7300, we expect to break above the 0.73 handle, which would be very bullish and have this market looking for higher levels. Upcoming NZD elections also a major part of volatility . BUY NZD/USD ' @0.7290/0.7260 Target:...
GBPJPY fall after the CPI data negative ,but yen fall in global market due to north korean tense , As technically currently the pair trading on 200 MA on daily time frame with the bullish pattern towards re test support around 144.00. We don't like to selling the pair . BUY GBPJPY @142.30/15 Take profit: 143.30 stop loss: 142.80 gud luck ! #forextuitions
USDJPY the pair trading under pressure despite positive NFP, Overall we believe the pair has target 112.00/114.00 , but before reach this target we can see one more leg down towards 119.50/108.80. as technically Currently the pair stuck in triangle on 4hr time frame and the Pair is testing the trendline since 4.2017, but should fail and trade lower into...
USOIL the pair have huge volatility expecting this month, as OPEC have The two-day gathering in Abu Dhabi, United Arab Emirates, will focus on members’ compliance with the output pact the cartel signed with 10 other oil suppliers, including Russia, in late 2016. The deal so far hasn’t produced meaningful effect in tamping down global output or inventories.One...
CHFJPY fall after dovish comment from snb with no interventions, over all the pair still bearish ,currently the pair making support zone with the double bottom pattern into daily time frame, we can see one retracement level uptp 50% .We don't like to selling the pair. BUY CHFJPY @113.90/75 Target: 114.70/115.30 Stoploss: 113.40 gud luck ! #forextuitons
USDJPY pair traded on bearish trend, We expect falling US Treasury yields to push USD/JPY through the resistance level and open up technical scope for further downside along with The latest FOMC statement is expected to display more caution over the pace of further policy tightening by signalling more concern over the softer inflation recorded in recent months.As...
USDCHF still has not completed his weekly target, the pair rebound after usd fundamental support,The 10-year yield rose from 2.26% to 2.32%, the highest in a week. Also economic data came in better-than-expected. US consumer confidence rose above expectations while the Richmond Fed Manufacturing Index came in at 14 (vs 7). Another factor that could be supporting...
EURJPY rally more than 1000 pips after opening the gap on 04/24 , still there is a monthly target not achieved we can see soon towards 131.50/133.10 , but currently the pair tested 200 MA on weekly candle with hidden short term divergence on 1hr time frame ..before rally we can see atleast three waves down to make support between 129.33/128.90. Short term...
USDJPY pair still into bearish trend, Currently the pair trading between parallel trend under the trend range, Looking ahead, the pair could struggle to take on the recovery further towards 111 levels, as renewed weakness in oil prices could weigh down on the risk sentiment, while increased cautiousness ahead of the US ADP jobs report could also keep a lid on the...
EUR/USD pair reached 1.1776, an over two-year high during the Asian session, and as a consequence of Fed's monetary policy announcement, which bring no news. as technically the pair has overall upper trend with the pattern of large double bottom around 1.1460/35 EUR/USD is likely to retest the graphical hurdle at 1.1875/1.2043consisting of lows of 2010 and 2012....
USOIL overall expecting rally soon, As last long signals target was hit and still we are long .Due to sentiment soured amid indications that supply from OPEC was set to rise US OIl settled lower for the second session in a row of Friday.we have some OPEC meeting this week to deal cut productions, there are some another reason to see $50 barrel soon.The most recent...
This Idea is for EURUSD traders. Short Term Trading opportunities. EURUSD traded in a parallel trend range with strong resistance at 1.1615, we have ECB and Bid rate tomorrow expecting a good volatility. There are two scenario at current position, expecting it will break 1.1620 resistance and complete structure towards 1.1800/1.1900 but for that it should...
USDCHF still there is a potential to go more downwards , currently the pair trading 23% retrace fibo with daily candle support along 200 ma on weekly time frame, before see another fall we can see the pair retrace 50%retrace around 0.9610/0.9630. Note: we have ECB today. Short term trade. Buy USDCHF @0.9545/0.9530 Target: 0.9610 Stop loss: 0.9500 gud luck...
USOIL inventories , In the United States, crude oil inventories last week dropped the most in 10 months.Crude inventories fell 7.6 million barrels in the week to July 7, to 495.35 million barrels. The decline was the biggest since the week ended Sept. 4. it will be a good for USOIL less inventories and strong demand from china, it could support usoil price to rise...
USDJPY pair fall after negative fundamental data, currently the pair traded into support zone area with 50% retracement fibo with supporting 200 MA on daily candle , on other side the Bank of Japan is simply not in a position to join the recent hawkish shift in the tone of developed markets central banks.Expecting another rally coming soon towards 115/50/116. we...