Analysing Forex from The Market side & perspective. EURUSD in london trading session is sideway after a 100 pips downtrend to 1.1231. This level is a good level for sell positions and a new support level of the market. Meanwhile, 1.1259 is a good level for buy posiitions. The price touched the support level several times indicating that it might go down to break...
Analysing Forex from The Market side & perspective. A quick downtrend movement for about 100 pips stopped out all of buyer positions in the uptrend. Now The Market is sideway with one seller positions at 1.2591. This indicates The Market will form a pullback for new trading positions before continue to move.
Analysing Forex from The Market side & perspective. USDJPY has stopped out seller positions at 107.42 yesterday and no significant movement since then. There are two trader positions at the moment, they are buyer positions at 107.25 and seller positions at 107.81 . According to the last market movement, USDJPY might go up again to form a resistance level...
Analysing Forex from The Market side & perspective. EURUSD in New York trading session goes down really fast after an uptrend of 100 pips. This move means it wants to stop out all the buyer positions that are open in the uptrend and might stop out buyer positions at 1.1248 and forms a new support level in that area. Before we have any confirmations about it,...
Analysing Forex from The Market side & perspective. The market movement in GBPUSD successfully stopped out buyer and seller positions at once and now it is going up to increase new trading volumes and attract new traders to open positions. There is no trader positions in the mean time and The Market wont go up higher. The Market needs to pullback to make traders...
Analysing Forex from The Market side & perspective. The Market is getting tight with more trader positions. Right now we have three trader positions which are at 107.07, 107.42, and 107.88. The Market tries to increase trading volumes to be able to stop out trader positions. And it is expected that The Market will stop out buyer positions first in no time.
Analysing Forex from The Market side & perspective. EURUSD market movement in New York trading session. It looks like The Market has started a downtrend at the end of last week by stopping out buyer positions at 1.1337 . Like any other trend, this time The market forms some pullbacks for traders to open their positions. We have two trading positions right now...
Analysing Forex from The Market side & perspective. The Market is still downtrending with some pullbacks for traders to open more positions. Right now we can see that The Market is about to stop out buyer positions at 1.2485 which have been accumulated since June,2. meanwhile, we have a new seller positions at 1.2535 . For predictions, The Market will make a...
Analysing Forex from The Market side & perspective. One buyer positions have been stopped out by downtrend and then a quick up movement for about 80 pips. This move could incidate that the downtrend has ended. Last friday in Asia trading session, there is an up movement that is higher than some previous up movements. is it a pullback? this movement also bring a...
Analysing Forex from The Market side & perspective. EURUSD is now sideway for about 16 hours with one buyer positions at 1.1337 . This means The Market is increasing trading volumes by attracting sellers to open new positions at least at 1.1400 . This also mean that the uptrend has ended and it will start a new trend soon. trader are suggested to not open any...
Analysing Forex from The Market side & perspective. The Market trie to continue uptrend then there is a quick downtrend movement happened. It could be a pullback but this one is more deeper than before. It might start a new trend movement or a sideway market. As we can see in the chart that there is no trader positions left at the moment means that The Market...
Analysing Forex from The Market side & perspective. Here we have USDJPY in its big downtrend. This downtrend reaches buyer positions at 106.92 from mid of May. There are also two seller positions and an empty zone from this downtrend. Is the buyer positions will stop the downtrend? It might. The Market needs to pullback or sideway to increase trading volumes...
Analysing Forex from The Market side & perspective. The Market tries to continue uptrend and it has a new buyer positions at 1.13389 . The price bounces at high of June 5 at 1.1382 . it looks like The Market wants to touch the high of March slowly. For Traders, it is better to look for pullbacks as the market goes up. pullback means The Market wants to...
Analysing Forex from The Market side & perspective. This big uptrend is above April & May highs and it may go to March high just before the pandemic. The Market has stopped out buyer positions with a pullback then continue to go uptrend. No Trader positions at the moment. It is best to follow the trend while wait for another pullback. With this strategy, you can...
Analysing Forex from The Market side & perspective. USDJPY stopped out all of the buyer positions from the latest uptrend. In this week, The Market goes down for about 225 pips and it might touch the lowest price of June. We have a new seller positions at 107.92. USDJPY might sideway anytime soon to increase new trading volumes because it need new buyer...
Analysing Forex from The Market side & perspective. This pair has been sideway for a day. The Market tried to increase trading volumes by attracting more buyers and sellers to open positions. After the trading volumes is high enough, The Market stopped out both positions for its own profit. Now, there is no trader positions left at the moment and The Market...
Analysing Forex from The Market side & perspective. This pair is still on its uprend for a long time and only have one trader positions level at the moment at 1.2698 . No big moves from GBPUSD in this week but we can see in the chart that it had stopped out buyer and seller positions before continued the trend. This week we might see the same thing that The...
Analysing Forex from The Market side & perspective. What a great conclusion that have been made by USDJPY by stopping out all of buyer positions. This big down moves of 170 pips stopped out buyers positions at 108.71 and it is on its way to fill an empty zone below. The Market knew that the uptrend had a high trading volumes of buyers and decided to stop...