I am expecting the push up to the 130.40 then experience strong resistance if that holds then I will be looking for the sell. If price was to break to the upside then I will be looking for the retest of the 130.40 then buy. remember this pair will keep climbing as long as EURUSD keeps climbing. Also keep in mind that there also tension between the EU and UK right...
Ok if we consider the strong up move in this pair for the past week, it was fuel by the rising oil price. That being said if oil continues to climb this pair will also continue to climb. last week I was expecting price to retrace back to the 130.00 zone and push down to continue the trend on the daily time frame that we are seeing here, however with this new...
I would be expecting the pair to pull back to the 127.50 or lower in the starting of the week follow by a push to the upside at around 130.00 or more overall the pair in a down trend on the daily so be careful with this pair. be sure to use proper risk management at all times
For the past few weeks I have been sharing the bias for the downward push in USDJPY well I still favor the downside on this pair. we saw the pair struggle this pass week to stay above 110.50 and currently trading under 110.00 I expect the pair to push up back above 110.00 but am not expecting that move to hold. what I will be looking at is what the news for USD...
Looking for the pair to push higher I would be looking for the pull back to the 1.1600 as I am seeing it as the area the bounce will take place. guys as we know the markets can do anything so remember proper money management at all times also stay positive and focus and develop yourselves everyday.
In the past two weeks I shared my view on USDJPY favoring the move to the down side. Although we saw price moving higher it struggles to move pass the 111.00 region. Based of strong fundamentals last week I will warn traders to be careful about shorting UJ at the point seeing the week is still young. The areas am looking at to take a sell is at 111.00 - 111.50 ...
Last week in my article I put out a bias for the sell on the usdjpy pair, we saw that the price actually provided those two sell opportunity but they were short live and price went on to make a high above the 110.25 area however it did not remain there but retraced back to 109.50. this week am expecting the push to the downside to continue after a test of the...
When you look closely at the chat you will see that there is a double top developing here on the 30min 15min and 1hour time frame around 109.75 if you understands the quarters theory you will know that around the .25 .50 .75 and 100 area price tends to find resistance or support. on the 1hour time frame if you look back you will notice that that area had hold...
