Daily Time frame shows a ABC pattern, C forming around the 78.6 fib, curently rejecting my entry from 61.8 level, also following a current trendline on the 2 hour time frame, lets see how it plays out, TP is currently at 109.00 with a tight SL at 11.250, so very little downside.
Fed rate to hold for 2019? USD/JPY testing key level Price Movement Since yesterday, USD/JPY has been moving indecisively within a 45pips range. Trend Recently, USD/JPY has been trending downwards. Important Issue This morning, the Fed released the FOMC Meeting Minutes for the March 19th-20th meeting. A majority of policymakers “expected that the...
Australian economy to take a turn? Fed rate to hold for 2019? AUD/USD testing resistance level Price Movement Since yesterday, AUD/USD moved up by around 50pips before moving back down by around 14pips. Trend AUD/USD is ranging across. Important Issue Yesterday morning during a speech, speaker RBA Deputy Governor Guy Debelle expressed his optimism...
need to be cognizant of couple of reports. US:EIA Petroleum Status Report 10:30 AM ET US:FOMC Minutes 2:00 PM ET
USD/CAD rejected key level Price Movement Since yesterday, USD/CAD moved up by around 40pips before moving back down by around 15pips. Trend USD/CAD is ranging across. Important Issue None. Technical Yesterday, USD/CAD tested and rejected the 1.33 key level. Price Levels Current Price: 1.33253 Next Resistance: 1.34500 Next Support: 1.32800
Muted EUR/USD price movement Price Movement Since yesterday, EUR/USD has been moving within a 30pips range. Trend Overall, EUR/USD is trending downwards. Important Issue None. Technical EUR/USD is moving within the resistance level of 1.14200 and the support level of 1.12000. Price Levels Current Price: 1.12610 Next Resistance: 1.14200 Next...
GBP/USD rejected key level Price Movement Since yesterday, GBP/USD has been moving indecisively. Trend GBP/USD is trending downwards. Important Issue None. Technical Yesterday, GBP/USD tested and rejected the 1.31 key level. Price Levels Current Price: 1.30728 Next Resistance: 1.31675 Next Support: 1.30000
USD/JPY testing key level Price Movement Since yesterday, USD/JPY moved down by around 20pips. Trend Overall, USD/JPY is trending upwards. Important Issue None. Technical USD/JPY is testing the 111 key level. Price Levels Current Price: 111.141 Next Resistance: 111.700 Next Support: 109.900
Muted AUD/USD price movement Price Movement Since yesterday, AUD/USD moved up by around 30pips before moving back down by around 20pips. Trend AUD/USD is ranging across. Important Issue None. Technical AUD/USD is moving between the resistance level of 0.71600 and the support level of 0.70650. Price Levels Current Price: 0.71282 Next Resistance:...
Overnight session, market has been selling off, and very likely it will open gap down. Then, it will probably rally to close gap before selling off.
USD/CAD testing key level Price Movement Since yesterday, USD/CAD moved down by around 70pips. Trend USD/CAD is ranging across. Important Issue None. Technical USD/CAD is testing the 1.33 key level. Price Levels Current Price: 1.33020 Next Resistance: 1.34500 Next Support: 1.32800
Muted EUR/USD price movement Price Movement Since yesterday, EUR/USD had moved up by around 35pips. Trend Overall, EUR/USD is trending downwards. Important Issue None. Technical EUR/USD is moving between the resistance level of 1.14200 and the support level of 1.12000. Price Levels Current Price: 1.12628 Next Resistance: 1.14200 Next Support: 1.12000
GBP/USD moving towards key level Price Movement Since yesterday, GBP/USD had moved up by around 25pips. Trend GBP/USD is trending downwards. Important Issue None. Technical GBP/USD is moving towards the 1.31 key level. Price Levels Current Price: 1.30878 Next Resistance: 1.31675 Next Support: 1.30000
Muted USD/JPY price movement Price Movement Since yesterday, USD/JPY has been moving indecisively within a 30pips range. Trend Overall, USD/JPY is trending upwards. Important Issue None. Technical USD/JPY is moving between the resistance level of 112.423 and support level of 111.028. Price Levels Current Price: 111.334 Next Resistance:...
AUD/USD broke key level Price Movement Since yesterday, AUD/USD had moved up by around 25pips. Trend AUD/USD is ranging across. Important Issue None. Technical Yesterday, AUD/USD tested and broke the 0.71 key level. Price Levels Current Price: 0.71219 Next Resistance: 0.71680 Next Support: 0.70185
price back at key support level of 1.83 see if bulls can gain momentum and bring price to 1.85
Hello Guys. I started making videos on youtube here with another head and shoulder i just took in 1h time frame. since last week i had some very nice winning trades in row that i show in my videos in response to a trader who was saying that technical analysis doesnt work. Its all about understanding the statistics and the probability and consistency and staying to...