investsoft

investsoft

GBPUSD has been in an upward trend for a long time, so we are rather looking for a LONG trade opportunity on this pair. After a strong increase in the second half of January 2018 and the new peak at 1.4350, price has made correction to the 1.3770 level. Then the price tried to go higher, but it was failed and the price returned to 1.3800, where the support is...

investsoft

USDJPY last week has reached support zone near 108.00 of wide range, where we expected the slowing down of price drop and back to the range. However, it didn't happen. Demand wasn't activated there and the price broke down support zone, and this is resistance now. The price reached the level of 105.50 where the demand activated and price returns to the area of...

investsoft

Looking at the USDJPY pair's daily chart in a wide view, the price is in a wide consolidation between 108 and 115 for more than a year. After the price bounced off from the resistance zone in November 2017, there has been a slow decline towards the support zone at 107.30 -108.30. Today movement has slowed down after today's strong price drop for over 100 pips....

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DAX after strong growth at the beginning of the year stopped at level 13,400 near the last peak at 13500. After two days of range movement (8th and 9th January) in the area of 13330 -13400, finally price went down to 12,200. This level was resistance and range upper band many times in the past. After broke out, it naturally became a support. Another level where...

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DAX is still in the wide range between 12900 and 13500. Half of the channel is near 12200 and this level is often respected by the price by looking back at the chart. The last price movements show that it draws higher local highs and lower local lows hitting stop losses set above the last high or below the last low. Looking at the chart we can observe that price...

investsoft

DAX still remains in consolidation between 12850 and 13250. In this week we could observe price trying to go above the 13250 level, but strong supply appeared over 13300. Sellers not only stopped further increases but also absorbed the last growth and pushed the price to 13000. As we have already seen before, there is a strong support level. On the 14th and 15th...

investsoft Updated 

DAX for a few last weeks stays in range 12850 - 13200. In the last sessions it was trying to go upper but all attempts of break out over 13200 failed. Today we had a big drop at DAX and price is at bottom band of range. There price has stopped and more active buyers here try to push price upper. We also try to catch correction movement and have opened buy order at...

investsoft

GBPUSD has reached upper band of range 1.3030 - 1.3330. At this zone we can see increased activity of supply. We have opened our sell order at 1.3305 with target at 1.3114 and stop near 1.3400 what gives us risk reward ratio 2:1.

investsoft Updated 

We opened our last trade on DAX too late at not good price and our stop loss was too close. Finally price hit our stop loss and than went down to the last local low near 12850. Unfortunately, today we missed a good opportunity to open buy order at this level. As we can see on chart the price moves in the range of 12850 - 13080 which we will try to use with next...

investsoft Updated 

DAX is currently in the accumulation channel where the chart has moving almost all October. After the broken out the support level and returning above, the price reached the upper band of the accumulation channel where the supply appeared what we can see on the last hourly candles with upper shadows. We are opening a short position with target just above support...

investsoft Updated 

We have placed buy limit order at 113.23 and this order has been activated. Our target is at 114.84 and stop at 112.70 so we have Risk Reward Ration 1:3.

investsoft

For the last few days we are observing on DAX a strong fall without correction. On session in November 13th price has touch support level and bounced up for near 150 points and drew bullish pinbar, but this didn't stop further price dropping. Today price has tested once again support level and went lower where buyers came out. This could beclassic hunt for stop...

investsoft Updated 

EURUSD went deeper into sell zone so we have placed buy stop order at the lower band of this zone. At level 1.1677 supply got advantage and on H1 chart has occured bullish pinbar. At 1.1664 our pending order has been activated. Our target is near 1.1540 (slightly below last low) and our stop is at 1.1705 (slightly over sell zone and strong resistance level).

investsoft

GBPUSD today violated uptrend line actual from march 2017. Acutally price is over trendline but today we could observe large drop, which consumed all previous week growth. Lower, near 1.30000 we have also strong support area where price could go and than bounce up. Our last long trade on GBPUSD was closed with small profit and now we stay out of market on pound....

investsoft

EURUSD after the breakout strong support level at 1.1700 went lower to 1.1570 and backed near 1.1700 where is now large sell area. After this, price slightly increased last low and back to sell area at 1.1660-1.1700. Looking for a higher timeframe charts EURUSD looks like it will continue fall. Also looking for a political and economic events in USA we are...

investsoft

USDJPY after the hit bottom edge of resistance zone went lower. Now it reach local support level at 113.10. This is previous resistance level and there could be a good buy opportunity. Now we are observing price action and waiting for any demand activity.

investsoft

In 06 november price went upper to 1.3175 where supply took control and pushed price down. Bulls has try to go upper but when price was back near 1.3175 bears again pushed price down. Double top was drawn on chart and we can draw local resistance line at 1.3175. Price is still over upward trend line so we still keep our buy tade with stop at break even.

investsoft Updated 

GBPUSD for a few sessions is walking in range 1.30000 - 1.33000 but price is still over uptrend line so upward direction is still valid. Today after very important publications from UK market price has rapidly dropped to support zone where also is trend line. Now we see that price has stopped at this level and see some buyers activity. We are opening buy trade...