In this video, u will get an analysis of this instrument with the best places where we can open entry. Write in comments all the questions which you have according to this idea. I will open a position personally when the price will meet all criteria.
In this video, u will get an analysis of this instrument with the best places where we can open entry. Write in comments all the questions which you have according to this idea. I will open a position personally when the price will meet all criteria.
In this video, u will learn where u can open accurate entry with low risk on GBP/USD & EUR/GBP
I'm seeing a bullish movement if we respect the .2300 zone but if we don't we might have a bearish movement...like always we looking for the right patters to form (feel free to leave a comment)
Key Fundamentals: BoE’s Carney could not convince the markets for the further rate hikes. Markets need to see very strong macroeconomic data flow on the UK side. Even the negative US Job data could not stop DXY bullish run. You can read our latest DXY analysis Weekly Chart: Strongly Bearish. Cable is below all main Moving Averages. Testing the Murrey Math...
GBPUSD Technical Overview and Trade Idea The pair is trading at 1.31410 as of writing, above EMA 50 in the H4 Chart Time Frame. A bullish view. GBPUSD is consolidating between 1.31570 – 1.31200 as seen on the H1 Chart. The next step of the Cable will be determined by the direction of the breakout of this consolidation zone. Scenario 1: 40% probability. If...
Fundamentals: On the Sterling side, we will have a quite London session with no major macroeconomic data release. Brexit negotiations continue to grind to a stuttering halt, with key drafts from the June EU summit showing little to no resolutions to the current Irish border issue, and the EU’s Bernier is warning people that they need to be prepared for all...
After market opening on 9 April 2018 the GBPUSD moved just over 50 pips long. Fundamentals still support another 100+ pips long. 1. The USD: PPI - red news due on 10 April is likely to support further upside price movement in the pair. 2. With the upside trend intact as per the Daily & 4hr chart, the GBP: Manufacturing production-red news release, should be...
The picture is clear and bullish. We have a long trade based on Bullish Butterfly and we have reached the first target @ 1.40800. And Long Trade based on Bullish CwH to add long for ISHS pattern. Now, let us take a look at the fundamentals: NFP report was highly disappointing. However, we do not think that would make an aggressive negative effect on US Dollar....
H4 CHART TIMEFRAME Above EMA 50 - Fibonacci 78.6% of XA - safe Bull Zone. The zones and the levels will be our guidelines. Detailed analysis and forecast will be published on our website. Have a nice trading week.
Analysis of H4 Chart Timeframe GBPUSD is trading above EMA 50 Cable needs to break above EMA 100 resistance of H4 chart to continue its upward move. – 1.38850 – Breakout and closed above 1.38850 will carry the price 1.39200. Above 1.39200, 1.39500 – Trend Line and Murrey Math Resistance – is located. Breakout of 1.39800 will be the confirmation of the...