If the daily candle can close engulfing then i will be going short.
-Still uncertainty over the Dollar strength with the Chinese trade war going on.
-Struggling to break through the 1. level
-Each push towards that level has gotten weaker and weaker.
Lets see how it plays out.
Any questions feel free to comment or message.
USDJPY - shorts or longs on 15min take your pick
I'm more inclined to go short due to higher TF's still being bearish, but with US trade talks looking positive and JPY seeming to weaken last week it could turn the tables
Any questions drop me a message or a comment im happy to help
Forecast for my 15min TF strategy.
Very bearish on the daily TF but gaining strong momentum on the 4 hour and hourly TF
Will be waiting to see how price reacts around the current level, but with the US/China trade war seeming to have positive talks, could see some dollar strength and push the EURO lower
Any questions feel free to ask, by dropping a comment or...
AUDUSD looks like its struggling to get down past this level yet again. could be a chance to grab some quick profit.
Or it may go longer term and move higher. But with the rate cuts its highly unlikely
Id be definitely looking for a move up to 0.674-0.675. Then it may look to reverse and move lower.
Any questions feel free to ask.
pair climbed high breaking the highest res zone , forming a new zone, however price is dropping , DOUBLE TOP POTENTIAL, after break of neckline and price pushing below , zone low , strong sell must be anticipated.
I believe CADJPY is going to see an increases in price later this week. I believe this because as shown you can clearly see the trend breaking past the lower bound of the stochastic oscillator as one indicator of a reversal, and as a second indicator the chart shows a bearish candlestick breaking out the lower bound of the bollinger band.
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What's the point for OPEC to cut oil -1.53% supply if America flooding the market with it?? The only one question, for now, is whether oil -1.53% rally will end at the end of December or at the beginning of first quarter of the year 2018? However what the chances that BRENT...
Check the numbers on the chart when reading each point below:
1 - Was a gap down and continued the downtrend
2 - After a reversal at 1138, Ryanair and Monarch woes have
signalled a reversal.
3 - Next Job for EJZ is to break its downtrend and surpass 1450
1.Uptrend weekly trend line broken
2.Trend trading (Weekly)
3.No major resistance until (8650)
4.Profit margin 1:3
Wait for trend line break to establish Daily Downtrend,
8781-8719 is not a major resistance zone as price action touched the zone 3 times which thoroughly indicates the weakness of the zone.
Since May 5th, on USD/CAD 0.17% has been taking place almost continuous downward movement. A broader view on daily chart shows that we are dealing with a long-term bullish trend . From mid-January price moves in a upward channel. Currently price is at its lower edge, and last Thursday there was an attempt to initiate a rebound. Technically, there is a chance at...