Trading_Magic

Trading_Magic Updated  Dec 11, 2020

Well, here is my thought about this pair!! We are clearly in a up trend right now. from 82.100 we started the correction. so the next level will be 81.600, which is the .68 fib and lining up we a congestion zone.from there the next level will be 82.200, 82.800 and 83.000. If we don't see any weakness at the .68 level, we then expect a full correction to the...

Trading_Magic Dec 11, 2020

Well, here is my thought about this pair!! We are clearly in a up trend right now. from 82.100 we started the correction. so the next level will be 81.600, which is the .68 fib and lining up we a congestion zone.from there the next level will be 82.200, 82.800 and 83.000. If we don't see any weakness at the .68 level, we then expect a full correction to the...

Trading_Magic Aug 12, 2020

with the EUR earning 19,982 on long position and the CAD depreciating of 12,198 , and at this level of trend support we want to see this pair grown up. leave your thinking in the comment section.

Trading_Magic Aug 12, 2020

the breakout has happen so you can either wait for the retest or sell now with a good risk management.

Trading_Magic Aug 12, 2020

after many week of consolidation the CADCHF pair is about to breakout finally.

Trading_Magic Aug 12, 2020

Good for a short position following the trend line and the macd divergence LH-HL plus according the COT, GBP is shorting while the AUD is gaining into long position. leave your comment below

Trading_Magic Aug 11, 2020

long short for the USDJPY. trend following and double top divergence on the MACD this both clearly indicate a down trend confirmation, also according to the COT the USD is losing position of about 2,433 on the long and the JPY even though also losing 10,851 on the long is remain powerful since is still have a lot of traders on the long move.

Trading_Magic Aug 11, 2020

From many days the gold have been gaining in strength following up a trend line. But now the OANDA:XAUUSD is on the retraction. the question is for how long before we can now buy the pair again. on my analysis the pair have to break down till 2000.733 which is a strong level of resistance and have been tested several time in the past now it turn to be a...

Trading_Magic Aug 11, 2020

we have seen the EURUSD sorting for the past few days. reaching the end of the retraction along with a strong level of resistance. the pair is about to start its way up again. EURUSD . according to the commitment of a trader the non-commercial trader added +19,982 on their position on EUR where on the other hand many trader leave the table on the USD by -2,433.