As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=125.2. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=125.85. TP4: R2=126.1. Set the stoploss of these orders at breakout of S2=124.95. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
The euro is still weak, despite the big boys starting to exit their short positions I don't see the euro doing anything drastic. The yen is still solid, as it is a safe haven and considering the uncertainty over the last months it still in a bearish mood. Starting to sell around 129.75 at a supply zone but I think price could go as high as 130.25. Follow for more updates.
The current week is extremely busy in terms of activity of the Central Banks. The Bank of Japan, the Fed, the Bank of England (not counting the meetings and decisions of less significant Central Banks such as the Bank of India) announce their decisions on the parameters of monetary policies. So far, everything passes without surprises. Initially, the Bank of...
euryen short on from daily 100ma and previous structure enter at 5min chart formation
see chart for general levels on Euryen
EURJPY Daily time frame - I am anticipating a break out to the upside from the current consolidation on daily and weekly charts. targeting fib extension levels
Floating 50pip loss at the moment but i have a good feeling let me know!
EurJpy H4 chart - bullish structure expecting break out to the upside. follow sagefx on instagram for more technical forecasts
A beautiful broadening wedge? Seems if fit the properties perfectly. Breakout target at 124 yens. Go long around 117. Close long if it doesn't close above resistance and wait for the next swing.
trying a small short here at confluence of various levels, trendlines and fibs
Looking for a little more shorting before a change to a bullish trend. Waiting to see. Just an idea :)
it's last large wave down of corrective move. enjoy! Target is conservative C = A