ROYALRYFX

ROYALRYFX

Last week we saw a full on bull run from almost all GBPXXX pairs. GBPYJPY was unable to break the resistance level. It’s an opportunity for the sellers to earn some pips.

ROYALRYFX

EURJPY head and shoulders pattern in M15 chart. Currently running in profit in our VIP channel. Trade was given @121.560 SL as 122.500 And TP 121.200 and 120.00

ROYALRYFX

EURNZD currently in resistance ready for a long opportunity.

ROYALRYFX

GBPCHF formed inverse head and shoulder. Expect to pull up till resistance level

ROYALRYFX

Double top confirmation. Resistance level

ROYALRYFX

June’s close back inside of this wedge pattern confirms that the March selloff was nothing but a false break below a multi-year support level. And a false break to one side of a pattern often triggers an extended move in the opposite direction. That could push NZDUSD higher in the coming days and weeks. However, buyers first need to secure a close above...

ROYALRYFX

GBPUSD bounced from the 1.2250 area last week. If you saw last weekend’s forecast, you know that I was keeping an eye on the 1.2240 support region. As of now, GBPUSD bulls need to secure a daily close above 1.2530 to expose higher levels. One such level is the recent swing high at 1.2800. Alternatively, a rotation lower followed by a close below the 1.2250...