The JPY is the weakest of the major currencies, and that has helped to propel the Swiss franc higher as well. However, from a technical perspective; a breakdown of the ascending channel identified on the 4H time frame, are we going to be seeing a downtrend continuation this week?
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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Trade active:
I am still monitoring the structure within the selling zone. So, I am looking forward to a breakdown/retest of 140.900 for confirmation. Lets see what happens in the next couple of hours
Good afternoon
Good afternoon
Comment:
Still waiting for the breakdown/retest of the 140.900 for bearish confirmation. The current structure shows that the price is above the bearish trendline, lets see what happens in the next couples of hours as price is still within the selling window.
Good morning
Good morning
Trade active:
We have bearish signals during yesterday trading session hence its appropriate to look for selling opportunities right below the 141.200 level
Good afternoon
Good afternoon
Trade closed: stop reached:
After being stopped out from my previous position; Another selling zone appears to have been identified and I am looking to sell below the 142 level
Trade smart. Trade consciously
Are we going to see a breakout of the bearish trendline to insinuate a bullish momentum or is there going to be a reversal pattern within the selling zone identified int he video?
Let's wait and see
Good morning