Arvin_ForexCamp

Arvin_ForexCamp

Coronavirus: SELL Stop Loss: 662000 Take Profit: 277700 Volume: 0.05

Arvin_ForexCamp

Fundamental News: US OIL collapsed over 20% as OPEC members Saudi Arabia and Russia quarrel over oil prices. In fact, cut production deal rejected by so-called OPEC+ Technical Overview: The cheapest price of a barrel oil of all time, is about 10$ Since 2008 financial crisis, the price has never been crossed 30$ sharply In conclusion: If the price manages to...

Arvin_ForexCamp

It looks like the price doesn't have enough power to go to the upper line of the channel. Now bearish trend for DXY seems more likely, isn't it !?

Arvin_ForexCamp

After huge fall of bitcoin price, now it's believed that bitcoin is to rise again. For short-term position it's expected to rise to 9900$ at least . If the price manages to cross its resistance trend line, set up for long position.

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Any Optimistic news about U.S-China trade war and the price goes down and if it happens, then the bottom line of the channel will be broken. Any short position should set below the bottom line (which is the neckline of head & shoulder pattern also ) ......................................................................... GOLD : Sell Stop Entry: 1485 / Stop Loss:...

Arvin_ForexCamp

NZDUSD has reached to its important resistance which is shown in the chart . All eyes on 28th,Jun G-20 meeting . We strongly believe that you should get long position, if the price manage to breakout this level .

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This is Mid-term Analysis . This currency pair seems like as if it's going to be bullish. ( Having said that after a small correction) ........................................................................... EURUSD : BUY T.P : 1.154 S.L : 1.131

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USDCAD price fell down from the upper line of the channel since last few days and it's struggling with the bottom line of the channel which is also the least price of USDCAD since April . It's strongly believed that if the price manage to break the support line (which is near 1.337) sharply , then we have right to enter to short position .

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In spite of US-China trade war, emerging market instability and political tensions in the Europe and British , the price of gold is to decrease . According to technical analysis , the growth of price was lasted since the divergence had been appeared and it's believed that there is still room for devaluation . In addition, if the price manage to break the...

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AUDUSD is struggling with its critical price . If the price mange to break the both support line and horizontal zone , then it's strongly believed that we'd go for short position. Otherwise , if the price able to go upward with sharp candles , then we'd go for long position ............................

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EURUSD has been already completed 5th wave of the Elliott waves and if it mange to not breaking the support level which is shown in chart , it's strongly believed that the price will be bullish . As we mentioned, the price is near to most important support level so that the entry long position should have been placed after seeing how it deals with this level...

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Dovish FOMC statement has led DXY to Drop down to 95.7 and break the bottom line of the channel . It's believed that after pullback to bottom line of the channel which has happened , is appropriate time to having short position ............... DXY : Sell T.P : 95 S.L : 96.7

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As we expected beforehand , The E wave of symmetrical pattern has completed. For now, the price has been faced to extremely important resistances which are the B wave of symmetrical pattern and also the major peak of Dec2018 . It's believed that there is Still room for increases . It has possibility to break these resistances but we must wait for seeing what will...

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As we mentioned beforehand , NZDUSD has been almost completed the E wave of the classical symmetrical pattern . After 128 pip sharp uptrend , the price is about to correction itself as forth wave of the Elliott waves and we believe that NZDUSD is going to bullish soon and break the upper trend line which is shown in chart ............. NZDUSD: BUY

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EURJPY has been completed the forth wave of Elliott waves with a pullback to bottom line of the channel . It's believed that EURJPY is going to bearish trend ................ EURJPY : SELL Main resistance : 124.3

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After 100 days bullish trend , ultimately the divergence had been shown in RSI and also MACD and led to bearish trend . Even though it's believed that the price of gold is to increase (according to the wall street & the main street traders poll ) , the technical analysis say something else . Finally we expected that the bearish trend for fifth wave of Elliott...

Arvin_ForexCamp

AUDUSD has just completed a classical symmetrical pattern . we expected that the price is going to bullish ........ AUDUSD : BUY S.L : 0.699 T.P : 0.712

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Not only EURUSD has completed the Elliott waves and the target of 61.8% Fibonacci retracement , but also has touched the bottom line of channel . We expected that the bullish trend is to start .............. EURUSD : BUY First resistance ( the upper line of channel ) : 1.14 Second resistance ( forth wave ) : 1.15 Third resistance ( B wave ) : 1.17