FreeForexSignals4u

FreeForexSignals4u

Learn 2 trade like a PRO boafx.com - After the week end of negotiations apart from hearsay we are no closer to a Greek deal although it does look like the Grexit is now off the table. I am currently trading the DAX on a technical channel anyway and the tweezer tops now displaying on the chart are giving me the excuse I neeed to sell this back down to the 50%...

FreeForexSignals4u

Learn 2 trade like a pro boafx.com - In light of the recent submission of Greek proposals the EUR has been given a chance to rally once more. However I don't expect this uphoria of a deal at the weekend to last and the Monday outlook will probably be similiar to the last few scenario's. I am looking to resell at the 50% fib retracement around 13700 with a partial...

FreeForexSignals4u

Learn 2 trade like a pro boafx.com - We have been waiting for a correction on this pair since the 12200 breakout. The strengthening Yen is due to risk aversion from the Greek referendum which will more than likely correct itself as the week goes on. The USD is still the stronger currency here and although we do believe we are coming to the cap on this pair another...

FreeForexSignals4u

Learn 2 trade like a PRO boafx.com - This trade is purely technical based which I have already taken as a sell but I am posting it for yo to maybe have an opportunity to get in on a pull back. Although the NZD is facing another rate cut their decision is not released until end of July where the AUD is announcing their rate decision next Tuesday where their is a...

FreeForexSignals4u

learn 2 trade like a pro boafx.com - Looking at the EURJPY pair for a sell at the moment after yesturdays relief rally I am expecting this to return to the previous lows of early Monday morning. You can see that we had rejection from the previous support area and the currency pair has already started to move down. Although this might just continue to the downside...

FreeForexSignals4u

Learn to trade like a Pro boafx.com - We are looking to trade the GBP/USD today for a buy at 15550 with a potential target at 16200. The fundamentals on the pound are starting to paint a rosier picture for a rate hike earlier next year and the potential for the Federal reserve to push their rate hike further back we see the fundamentals aligning with the...

FreeForexSignals4u

Follow our trades boafx.com - sorry a little late posting this one, you can see how the Dax has retested the trend line and now showing rejection, the risk reward is huge so plenty of time to still get in. We are still lokking for a 50% pull back on the long term up trend

FreeForexSignals4u

boafx.co.uk - The fundamentals for the AUD/USD do suggest that we should see further downside, however the USD data that comes in better than expected is not having the desired effect on the markets hence the reason for this double trade set up. Notice that the trades are 3:1 risk reward ratio so even if one triggers on a fake breakout but then full fills the...

FreeForexSignals4u

Learn to trade successfully boafx.com - Although this currency pair is still undefined in its direction it is worth mentioning the possibilities to the upside. Recently the UK data has been coming out better than expected apart from the recent q/q GDP. The US also had a better than expected CPI reading which has caused the GBP/USD to cut the recent rally short....

FreeForexSignals4u

Learn to trade with consistent success boafx.com - This short position is based primarily on a technical set up although the long term fundamentals do fit the picture aswell. The Euro is still in QE and likely to be for the duration through to september 2016. The Bank of Japan are increasingly optomistic regards there monetary policy and we could soon start to see...

FreeForexSignals4u

learn to trade forex successfully for free boafx.com - This trade is attributed to an early position that missed the pull back trigger point by just 20 pips you can see this trade idea in the related ideas link. The better than expected trade balance that came out on the NZD and the poor sentiment due to the Greek bailout talks should bring this currency pair back...

FreeForexSignals4u

boafx.com The large sentiment rally over the beginning of the month caused the EUR/NZD to pull back to a previous area of resistance where it rejected that level. Since then the Fundamentals have improved on the NZD and with various ECB press conferences going on at the moment and the Greek bailout looking more and more uncertain we can expect this to test

FreeForexSignals4u

We are looking at the technical set up here with a continuation of the uptrend a pull back is imminent at least to the 50% fib retracement where we can expect buyers to jump back into the market. this will depend on twhere the market opens on Sunday Evening. If we make a new high then this plan will become obsolete. Profit taking on Friday may have been the cause...

FreeForexSignals4u

Looking to short AUD/NZD after a better than expected retail sales report from New Zealand. The Aussie had rallied qiute hard off the back of Oil,Gold and the USD yesturday so I would expect to see those gains dissapate over todays session. The reversal candlestick pattern gives us confirmation of this reversal taking place just above the 10800 resistance which is...

FreeForexSignals4u

Although we are still bearish overall on the EUR/USD we are looking for the head and shoulders reversal pattern to be completed before we see further downside. want to find out more about how I trade boafx.com

FreeForexSignals4u

Although the MPC will probably keep rates the same for a longer period the lead up to the QIR should give speculation that the UK will soon see an increase in inflation. The latest jump in Unemployment in AUD back to 6.2% should keep the pressure on the AUD. A nice area on support has started to form above the previous resistance of 19460 and we should see a...

FreeForexSignals4u

The recent fundamentals has put the NZD in line for a rate cut. The NFP report for the USD on Friday came in a little lower than expected but the unemployment rate dropped and new jobs created reached back above 200K. I would expect the past weakness in the USD to dissolve against weaker currencies such as the NZD. The market has opened lower but I will still wait...

FreeForexSignals4u

As this currency pair has been consolidating there is more time to elaborate. The NFP was not brilliant but it did pull the employment change figure back above 200k which is good for the USD. Although the Conservatives took power in the UK the GBP had already piced this in before the main result. I am expecting the GBP to rally as in my longer term previous...