Forex_signals
The possibility of falling prices
As you can see, we are in a long-term channel and an important support that has prevented the channel from falling to the bottom and the price may suffer for a while, but due to two consecutive attempts to break the channel, there is a possibility of returning to the bottom.
NZDUSD Ascent or descent ???
We have been in a downtrend for some time and now at the top of the channel and at the bottom of an important support if this support is lost we will see a big price reduction and also if it can break the ceiling of the channel we have broken a strong downtrend line We will see good climbs
Will AUD/JPY break daily zone to the upside?AUD has been inconsistent with its strength over the past few days, one day its strong fundamentally and then the next its weak, but its not as weak as the JPY which is the weakest currency and has been for quite a while. so despite the inconsistency with the AUD fundamentals are still to the upside so we will only be interested when price breaks its daily zone to the upside (red zone) where we will then look for exhaustion and entry confirmation to place our trade.
LET'S RIDE THIS FLIPPEN BULL ON THE NEXT EURAUD BREAKOUT!!!AFTER PRICE ABRUPTLY SPIKED UP LAST WEEK IT RETRACED EXACTLY AS MY PREVIOUS PREDICTION. AS I PREVIOUSLY SAID THERE IS GREAT POSSIBILITY TO EXPECT A CHANGE IN TREND. I AM LOOKING AT A LONG TERM
BUY ON THIS PAIR. REMEMBER YOUR RISK MANAGEMENT TRADERS!! CHEERS