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For those patient enough to hold onto this trade for the past few weeks. We are taking our money off the board .According to this initial analysis: Follow us on twitter @charts_247

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We have been on the USDCAD case for over two weeks now and this trade has been giving up some pips with patience. Our initial Target was 1.3638 which has been broken today. Here we will bring our stop right above the 1.3650 area and hold onto this position as there's more potential for more slide in the pair. The next target is 1.3435 GLT. and trade with...

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As we can see this trade is working out nicely. Even with the large pullbacks because of the major trend on weekly and daily. We keep short position and the first profit will be booked at 1.3638 by placing our stops there. We see continuation to the downside if and when price break the 1.3638. Here is another opportunity to enter short from a decent level. GLT and...

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Price have triggered our first target.We are keeping this position to reach the next target at 1.3638

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THE PAIR AS WE CAN SEE BROKE DOWN COUPLE OF WEEKS AGO. AFTER THAT PRICE RETRACED TO THE HIGH OF TODAY 1.4010 AREA. WE ARE GOING SHORT THE PAIR FROM THIS LEVEL WITH STOP PLACED JUST ABOVE 1.4020 PRICE TARGET 1.3785 FIRST AND 1.3650 IN EXT. GLT AND TRADE WITH CARE Follow us on twitter @charts_247

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According to our analysi here:

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What we can see here in the EURJPY is a continuation setup after a secondary trend. The main move is to the downside in the pair, price rose to the 132.27 level but failed to hold gains around the high. Here we are going short the eurjpy with stop loss placed @ 131.35 we target 127.40. GLT and Trade with care.. Follow us on twitter @charts_247 for more information...

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According to our earlier analysis : The target was hit and profit taken. For more updates follow us on twitter @charts_247

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Here we have a structure re-entry which should take us back to the 0.9130 area and above. Stop is placed just below 0.9053 GLT For more info follow us on twitter @charts_247

charts247 Updated 

Here we are going short the aussie. Price have bridge the the 0.7128 zone. Stop loss is placed at 0.7120 we target 0.7020 for this move. GLT and trade with care. For more updates, follow us on twitter @charts_247

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According to our earlier analysis: the pair have broken to the downside and traded past our initial target. For more updates, follow us on twitter @charts_247

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We are going short the pound from the close of the last candle. the pair has traded back into the structure 1.4367. stop placed at 1.4373 target 1.4275 GLT and trade with care Follow us on twitter @charts_247

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For over three weeks we have been watching the EUR/GBP Forex pair when the pair broke out of a mini consolidation area around 0.7305. Price behaved as it should by trading nicely to the upside. This move is largely down to the weakness we have seen in the Pounds. When the market open this week, we saw pounds leading the way in terms of strength and the EURO...

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Forgive me if I am jumping the ship here but sometimes your eyes is still the best indicator in forex trading. We have After FOMC meeting yesterday; the pair fell to a low of 117.32 before pulling back to 118.28, which are 5 pips shy of 100Pips. Some stops have been cleared on the way. On Thursday we saw price make a turn and fell sharply towards the low; stalling...

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The eurusd have seen a nice correction in the last 24Hrs, this move is a chance for us to sell the rally in the pair. On Tuesday price broke down the significant/structural point 1.0808 which is a big sign of weakness in the pair, now price is retesting a significant point 1.0869 which is the break point of the initial down move. A short is initiated here with...

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Since making the low of 118.70 yesterday, we have seen signs of correction in the pair. Price is printing bullish candles at significant point and we cannot ignore this! We are going long above 119.26 stop below 118.80 on the downside, we will only short the pair below the significant point 118.68 You can watch today's detailed Intraday analysis of USDJPY here:...

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Happy New Year Traders, we wish you all the best for this year 2016. Eurusd as we all can see is still in a large downtrend according to the weekly, daily and even the 4hrs chart. We saw what happened on 3rd December when draghi spoke and the EURO jumped from 1.0516 to 1.0980 areas, but after that event every attempt to follow through have failed the key figure...

charts247 Updated 

Happy New Year traders, the Aussie is interesting as the price sit right at a very significant point that has been trading for few weeks now. 0.7279 is a significant point that we have been trading since September 2015. The trend in the pair is still to the downside nothing has changed and we want to be selling every rally that failed at a significant level. We...