Hey Traders, Having a look back at the previous analysis that I published earlier last week on the EURGBP pair. Looking for a positive data release from the Great British Pound CPI and therefore shorting this pair. I developed a box area where we were trading in a range and I was anticipating a break out of the range following the data. Join me as I review the...
Hello guys, in this technical analysis. Euro it's seem that is more optimistic. Well, in that case, we analyze EUR/GBP. So, in H4 timeframe we see a possible formation of shoulder head shoulder inverted, that mean is EUR is more optimistic, we could to see a strong bought of EUR, because EUR is have the safe-haven assets ane the best currency of Forex for now. In...
Hello guys, it's so curious about my analysis, because my we could to see a possible formation in Daily of Shoulder Head Shoulder, but look out what there are. But, look how the candlestick in Daily that closed up in minutes it's confirm that we are to the moon soon!!!. Guys, Bitcoin is so prepared and I see the perspective so bullish to break up the simetric...
Hello everyone, good morning. In this techncial analysis, only we are into this consolidation of this ascendent triangle that we proyect a continuation of the trend, but more important is to read, that is the better way to know how its the market. Well, in the H4 timeframe we see a bearish divergence, but I don't go to entry in there because the price as is into...
GBPNZD trading idea on 1h chart. Tomorrow we have red impact news on gbp. We can see big moves on gbpnzd currency pair. Right now price is in triangle and bellow ressistance level. If we get good price rejection from ressistance we can sell. If we dont get rejection idea is invalid.
Tuesday in the news plan was noted by the information that the United States excluded China from the list of currency manipulators countries. This led to yet another sigh of relief among investors that already are in a rather relaxed on the eve of the signing of the documents on the first phase of the trade agreement between the US and China. But at the same...
If you have been trading GBP pairs you’ve know all about the tape bombs or headline whiplash moves. It’s hard to get in a trade when a headline can just drop or jump by 100 or more pips regardless of technical setups. But we’ve somewhat known the with Brexit and any of the possibilities there of, things were going to get volatility rolling. So here is another...
So if the RBNZ tonight is a little less dovish than expected. I’d like to sell AUDNZD on the breakout lower just as I have laid out here on my chart. So I’d sell 1.0735-40 zone Set a stop of 25-35 pips TP 1.0650-75 zone I’d be hoping to get filled off a momentum play down where if everything goes as planed it will keep going lower after the order is filled....
The S&P Merval index plunges over 30% losing the 40,000 pts.
The US dollar reaches a record high in Argentina soaring near to $ 62.
The triangle can be a continuation or a reversal pattern. Although, more often it is a continuation pattern. There are three types of triangles: symmetric, ascending, and descending. For trading purposes they are all the same, the just look different. A triangle forms when the price action narrows over several price swings. If trendlines are drawn along the highs...