yoramdil

yoramdil

Hello dear community, I believe EURUSD spot is going down in matter of few days. The main trend is down and looks like 1.0250 shows good resistance. You can note the daily candlesticks have sharp and long pins that show good resistance. This position can be proved wrong if the US yields keep coming down, or US stock markets continue their climb. Friday was a...

yoramdil

Hello all, FX:USDJPY spot shows consolidation of prices in an ascending formation with top resistance at 113.95. Traders eyes are on Fed's monetary policy statement to be published today. I believe we see a strong Long move after the statement today. A strong move is expected due after a long period time of consolidation (about 20 days) in range of...

yoramdil

Long position USDJPY at spot rate 113.05/08 Support area for this trade 1.1250-1.1275 Short term S/L 1.1247 Long term T/P 1.1550 Good luck !