Hey guys, I'm on the charts right now and i'm looking at GBPCHF on a 1 hr time frame, price is at a level of support and is making a drawback right now and indicates to me as a market reversal If you look back at what the market did previously, it made drawbacks so it gives me a good confirmation, I used a retracement to look at good levels and the fibo 0.786...
Hey guys, well it's Saturday and tomorrow markets open. You know what that means baby!! Gotta catch those pips, anyways back to business. I'm looking at USDJPY and as of right now support is 111.100 - 111.230 as you can see, and 112.080-112.180 is a good level of resistance based off the 1HR. If you switch from the daily time frame, price is at a good support...
We can see EU has held a strong level of resistance in the area 1.18480 - 1.18590 since October 20th - present, it's been tested many times and never really broke through it. We could see a pull back once it reaches the target, we'll see. Please do your own analysis before entering in the trade.
Hey guys, sending out another analysis / signal for GBPUSD. It at highest peak and hasn't broke that resistance line in the whole month of November so it's holding that possible pretty hard. I drew out trend lines making it easier for me to see where the market is going, and I did a retracement and all the levels are perfect for this particular trade. Sell and...
Price is at a support zone, but it can either go up from there or retrace, wait until it reaches the down channel trend line which is at 147.650.
I think price is gonna go up fall back just a little bit than rise again, I'm not quiet sure though. Make sure you do your own analysis before entering.
Thoughts on this analysis, I think the EUR will rise.