Get started

Zone

AUDUSD Short Update - Massive Resistance ZonePatience is the most important aspect in trading this setup. Price has been slowly climbing to the resistance zone that extends from 0.7750 to 0.7830 - this is the red zone. A support trendline has also been forming, it looks steep on the 1d chart, but on the 4h it is much clearer. In my opinion, this trendline is crucial to the reversal of this pair. When this trendline breaks, I will be looking to short it with a stop loss somewhere in the red area, and a target near the arrow point. I will post another Idea then to show how my trade will be set up. For now, keep your eye on this pair. Be wary of fake outs, and monitor for correlation among other AUD pairs.
Short
by MtxTrader
1
World-Signals.com forecasts for Year 2017What will happen in 2017 and our forecasts in this article. In the forex market the forecasts for EUR/USD is to reach levels of 0.90. The Euro weakness continue in 2017 due too serious budget problems in the Euro Zone also interest rates divergence. The Pound to cut the half of the losses against the dollar in 2017 and became more attractive currency. Crude Oil slowly will recover to $65 for a barrel (New York) as the trading range is $42 - $65. The war in Syria will end in 2017 but in Iraq the war will continue together with new escalating of the conflict in Libya. A bad year for Europe we expecting where there are two scenarios in 2017-2018. The most negative expectations are the start of civil war in Western Europe. The other way is Western Europe to start cooperating with the Russian Federation and end of the sanctions. After Brexit other countries will try to leave European Union as higher chance to see for France and Italy.
Short
by World-Signals