Are you shorting the cable? No. No. No! Don't! Why? It's because the cable is strongly bullish. The bulls are in control of the market. Remember, the trend is your friend. Don't go against the trend, dear trader. This analysis is from the H4 timeframe. Currently, the resistance level has been broken and retested, and the price is heading to the level of 1.24071....
There is possibility of price falling up to 170k this week after the bullish experienced movement last week
Prices have recently broken out of our ascending trendline support. We see the potential for a short from our sell entry at 1102.34 in line with 61.8% Fibonacci projection towards our Take Profit at 1095.71 in line with 78.6% Fibonacci Retracement. Ichimoku is supporting our bearish bias. Any opinions, news, research, analyses, prices, other information, or links...
here is our Previous Analysis and Markey Tracking of the Currency Pair: Fundamental Analysis: The GBP/JPY pair tells the trader how many Japanese Yen (the quote currency) are needed to purchase one British Dollar (the base currency). It is known to be a “carry currency cross”, that is a cross which is a vehicle for carry trading, a strategy that consists...
CHFJPY after making a swing high, correct itself to fib level 0.236(123.629). One can attempt to buy here Buy: 123.620 - 123.800 SL: 123.380 TP: 124.500
Eurjpy The price does not react to the support level and is pressed towards it under the pressure of sellers. I'm waiting for a breakdown of local support and a price decline to the level of 127.2
Prices are on a downward trend. In the correction to the desired area, we can sell it.
Hello guys, welcome back. If you agree with my point of view please leave a comment I am more than happy to give my insight. If you are interesting for more please send me direct message to my profile and I can help you, Thanks.
EC trading in a zone, long term bullish bias, however, this zone has held before. Going for a short trade.
What are your thoughts on NZD INDEX? We could see a short term strength back up to the top of the trend followed by nice weakness...?
H4/Daily = Short. If we can break out of this trend then we are long - long term. Please check daily, weekly, and Monthly charts. Thoughts? comment below.
Really like this setup. Multiple reasons. Thoughts? Full breakdowns and signals you need to join our telegram group. Check our bio, twitter ect.
Shoring EJ at a double confirmation. Wait for the confirmation.
Shorting after break of trend. Down to the 161.8 fib extension also support. Then long.
Looking to short AUDUSD we have a bit of a bearish channel that looks like it may hold up. FIB is unconfirmed. Trend is unconfirmed Zone is unconfirmed. Risk management is needed