Short Entry @ 191.640 StopLoss @ 192.220 Take Profit @ 189.770 Broken Daily support over bought have had a double top in the past couple days which ran right back into the support turned resistance marked by the pink line. Fundamentally the Yen has gained some strength and it is being shown a little bit across the board. Technically we can see a lot of...
Entries for Shorts @ 95.50 96.00 Stop Loss @ 98.00 Take Profit at @ 93.00, 92.00 DXY failing to make any new highs Weakness has been sighted along with some fundamentally bad news. Long term I think it is highly possible that it could go as far as 88.00 but why not reap the rewards on the way. Posting Lower highs, AB was a nice downwards leg and CD is a...
USDCAD has now broken previous resistance as well as breaking a strong trendine. We could now potentially see price making its way up to the 1.27000 area.
US Oil daily chart Bullish divergence - triple divergence may indicate that the low of 29 January 2015 as turning point could change the trend. The Friday close (13 Friday 2015) above the Tentative down Trendline ( break of Trendline )
USDJPY: USDJPY looks to strengthen further after reversing its intra day losses on Tuesday. Strategy: Buy at 117.87, Stop loss at 117.00, Price target at 118.86