So, we bounced before and on the 4th as expected. But now we're up against that $2600 ceiling again and can't seem to close above it. As we continue to struggle with these upper levels, it is becoming increasingly clear that the market is not willing to do much more here before BIP 148 on August first. I've said all along that I'll remain bullish as long as we...
Hi traders, I hope you're all having a wonderful weekend. Keep an eye on USDCAD for next weeks trading. I am expecting further weakness into the lows. Best regards, Tom_Killick
SHORT TP 1 - 30 TP 2 - 60 TP 3 - 100 PIPS
Hey guys today I bring you this awasome trade! If everything goes well, the target will be accomplish soon :D
Hi everyone! I love your support! I am Bearish on EURINR based on patterns on the daily and weekly chart. There is a European central bank rate decision in a few days which will decide the direction of the trade and bring volatility into the market. Important zones of support at 73.70 have been broken and a retest of that level can be expected before price moves...
Some traders think that fundamental analysis is better then technical. But to my mind they are wrong. Let's look at this chart and try understand the power of technical tools. We have a blue trend line which was drawn July 20. The support level 4700 is a round number level which you can draw anytime. A resistance level is based on local swing highs. How does it...
EUR/AUD has just broke-down the major Support level of the Matrix at 1.5350. That is a clear Sell Signal. Our Fibonacci Matrix model predicts a continuation of the downside move all the way to the lower levels of the Matrix around 1.4300 - Our Price Target .
After a prolonged decline from the high levels of 86.00, the AUD/JPY is forming a reversal in the lower part of the Matrix. According to the Fibonacci Matrix, the pair is expected to form Wave E, going all the way up towards the upper part of the matrix. The positive divergence support the analysis and reinforce a Buy entry at the current levels. Price target is...
EUR/CHF hasn't fullfiled its upside potential trend yet, and after the latest correction, the pair is ready to resume its original upside direction. Our price target is consistant with the previouse high at 1.1200. Stop loss in this case should be placed firmly bellow the local support level of 1.1083.
The FED will address the issue of interest rate % very shortly. With such a strong Dollar market the question most of us are asking concerning the S&P500 is whether or not we may finally reach up and break through the all time historical high of around 2130? Personally we feel that is highly unlikely, and instead we will see our lower level fib lines reached and...
A temporal bounce is currently underway, however I expect the downward momentum to continue until around1.8000 to a reversal to the 1.8800 zone. However if the 1.7700 is reached without ever reversing then trade short till 1.7350.
The euro profit against the dollar last week like the World-Signals.com prediction from March 14th 2016. The Fed disappointment the investors and they prefer to sell dollars. The effect was very strong in a short time and may continue with a slow speed this week. This week the focus in the fundamental events are starting from Monday with Existing Home Sales in...
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Rough Analysis of GBPUSD for the 1st part of the week ahead week ahead (27.07.2015 - 31.07.2015) 1W Direction Down 1D Direction Down (a pause at the support level) Currently at the support level. if the price will close above support, it will be a signal to buy A spinning bottom at the support trend-line Tactics: Intraday - try to buy W:D - look for a sell...
Today we have closed the spread trading opened yesterday with +50 pips. Now the spread is still long on EJ and short on EU. We are waiting for a new trades
Details on the chart. News are coming, and there is a possibility for EUR to go further UP. However, the major trend is still down. Selling the euro is probably better off the areas mentioned on the chart.
In case if the price will be holding beyond 1.0585 Level, it can be signal to go short with a stop loss above 1.0610 However it can be a false breakout.