livetotradefx

livetotradefx

In relation to my previous post, the market did correct and slide towards near term support $69.55 following OPEC and Russia's statement to meet shortfall in Supply from Venezuela and Iran.

livetotradefx

After major OPEC member Russia and Saudi Arabia considered to ease off their supply and U.S. supply stock pile jumped higher, US Oil price now in a technical correction towards near term support $69.36.

livetotradefx Updated 

Gold now currently found near term support following from its downward move since February 16 of this year. Price then rallied after a Daily Candle Fakey setup formed last Thursday. Will we see a further thrust to the upside towards near term resistance 1,360?

livetotradefx

Gold now currently found near term support following from its downward move since February 16 of this year. Price then rallied after a Daily Candle Fakey setup formed last Thursday. Will we see a further thrust to the upside towards near term resistance 1,360?

livetotradefx

After dropping from the Double Top formation last month, EURUSD now seems to probe its way from the near term support around 1.2204 almost passed through that level but closed above it. Meanwhile, there's an obvious fakey pattern in the weekly chart stopping out traders. Another indication that price might trampoline towards near term resistance 1.2552? To know...

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Just now, while I was scanning the chart this afternoon, something caught my attention. It's the Nifty50 or India50 bullish pinbar on the H1 candle. I'm waiting for the close of the one hour chart confirming the formation of the bullish pin bar or hammer. If this market gearing for another new high? To know more about price action trading, kindly visit my blog...

livetotradefx

Hello Traders! It's Wednesday today, the last day of the month for January. While I was scanning the charts this morning upon the list of the currency pairs that I'm trading, I saw a possible long trade entry in the GBPJPY pair. As you can see from the chart below, it's evidently clear that this market is in an obvious uptrend since September of 2016...

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Good day Traders! After a month long of rally of the NZDUSD pair, will this commodity currency stretched upward a little further, consolidate or rather started rotating to the downside respecting this key level of resistance around 0.7431? Price started rejecting higher prices after touching the level which pretty much coincides with the report of the New Zealand...