Another opportunity spotted during trade opening was the possible drop of Germany 30. Trying to take advantage of this opportunity as it may have an uptrend reversal after a short dip. Let's see how this day rolls :)
Gold had significant volatility during market open, this morning's high showed bearish opportunity for today's trade. Let's see how this day rolls :)
With ECB's uncertainty we may see a bearish move in DAX, after all we have finally reached the long awaited 13000 mark it's about to have a downward movement. let's see how this day rolls :)
buying Gold again to make up for yesterday's. let's see how this day rolls :)
Gold is a little unsteady, with this indecisive move, trying to take advantage of the upward reversal before it goes into a bearish swing. Let's see how this day rolls
there's a chance for a rise in GBPJPY. so riding on the flow and trying to cash in some greens let's see how this day rolls :)
With the sudden upward move later in the day yesterday, seeing some possible short opportunities today. Let's see how this day rolls :)
With the weakening market, there's an opportunity to short GBPJPY. may see a lil resistance but bearish move is very possible. let's see how this day rolls :)
With the Opex meeting coming up, it may push Dax to 13000. still unsure because it will still depend on the report however setting my position to make sure to cash in atleast take advantage of yesterday's drop. Let's see how this day rolls :)
Price is a little unstable but i can see an opportunity to earn from a possible drop in us30 later in the day. waiting if this drop will be triggered, though we may see a bit of resistance before it fully drops. Let's see how this day rolls. Green day hopefully :)
Behold for price breakout. Buy above : 1.08910 Sell below : 1.08570
Forecast for price breakout. Buy above : 0.94930 Sell below : 0.94590
Foreseeing for price breakout. Buy above : 0.74090 Sell below : 0.73750
The GBPJPY has presented a potential entry today for swing traders who have not gotten in or for those who are looking to re-enter in on the pair. A low test candle formed, testing through the trend line and the .236 Fibonacci retracement level. Overall, the GBPJPY is in a bullish power trend up.
If you have drawn a channel as seen above in the EURJPY, you can see that the pair has came back down to retest the bottom trend line of the channel. It formed a bullish low test, signaling an upwards continuation. Other confluences that can be seen in the currency pair are the .382 retracement level, the 138.0 support and resistance level and the recent golden...
The AUDNZD has been on our (us traders) favorite type of movement, a Power Trend. After a pullback, the pair has tested the .382 Fibonacci retracement and the 1.077 support levels. After having tested both support levels, it is now touching the upwards trend line, signaling a potential trade entry. We can expect to see the pair to continue on it's bullish move...
Bearish signals on the Euro has presented a potential downward movement on the EURJPY. There is a high test that formed today running through the .618 Fibonacci retracement and the monthly support/resistance level (area) of 140.00. Moreover, the reward risk ratio in this potential entry is a nice 2:1.