Market analysis from FXCM
USDJPY is reaching 1st resistance, more downside !
Price is approaching support where we could see a bounce above this level. EMA and Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Price is approaching support where we could see a bounce above this level. EMA and Ichimoku cloud is showing signs of bullish pressure as well, in line with our bullish bias.
Price is approaching support in line with our trend line where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
Price is approaching support in line with our trend line where we could see a bounce above this level. Ichimoku cloud is showing signs of bullish pressure as well in line with our bullish bias.
The Breakout Opportunities system has just bought AUDUSD at 0.75676. The system recommends entering this trade at any price between 0.75547 and 0.75824. The signal was issued because the AUDUSD has broken its 24-hour high while our Speculative Sentiment Index was at -2.5812, suggesting that the AUDUSD may have further to rise. A stop loss has been set at the...
Price is facing bullish pressure from our support and a break above our descending trend line could see room for more upside.
Price is facing bullish pressure from our support and a break above our descending trend line could see room for more upside.
USDJPY testing key support, more upside ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
USDJPY testing key support, more upside ! Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
XAUUSD is pulling back to bearish trendline, more downside !
XAUUSD is pulling back to bearish trendline, more downside !
AUDJPY is approaching our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a potential reversal towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
AUDJPY is approaching our 1st resistance at 78.598, in line with our 78.6% fib extension and trendline resistance, where we could see a potential reversal towards our first support target where the 61.8% fib retracement is. Stochastics is also signaling that the price could reverse further from recent resistance level .
The Trend Follower Strategy has just sold EURJPY at 126.24. The system recommends entering this trade at any price between 126.096 and 126.384. The signal was issued because our Speculative Sentiment Index is extremely negative, with a value of 1.561. This suggests that the EURJPY could be trending downwards.The 14-period Average True Range on a daily chart is...
A break above our trend line could see a further upside here.
A break above our trend line could see a further upside here.
Price is approaching support where we could see a bounce from here.