FirstFortuneCapital

FirstFortuneCapital

Base on our analysis. we found out that ChfJpy may retrace to 120.300 support zone or even to 119.400. as the chart above, we can see that a bull run of CHFJPY hit the resistant level at 124.600 and started to retrace back. We do believe that ChfJpy will retrace according to our prediction. a sell limit position can be set at 124.500 or we can set a immediate sell...

FirstFortuneCapital

Base on technical analysis on USDZAR pair (Ascending triangle chart pattern) we have forecast 2 cases - 1) Retracement If the trend fail to break the resistance line and stay above the resistance line we expect a retracement to a higher low. we can make a sell position and target take profit at 14.85000 2) Breakout If the trend breakout the resistance line and...

FirstFortuneCapital

GBPCAD currently in a ranging pattern, which is now trading at 1.69692 (market closed price) We foresee GBPCAD will rebound at around the price from 1.69690 - 1.68700 may slightly different from our prediction. a stop loss set at 1.68000 if price continue to go deep and deeper. GBPCAD BUY @ 1.69690 & 1.68700 TP 1 : 1.70376 (short term) TP 2 : 1.72000 (mid...