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Forextradingsignals

EURUSD Hourly Signal: Bearish Love?Aside the trade tension between the United States and China (reports suggest President Trump may impose new tariffs on China as soon as next week), political tension in Italy contributed to EUR recent weakness. EURUSD hourly signal is fairly straightforward. EURUSD reached its hourly support, failure to post an hourly close may lead to corrective gains in Euro Dollar. Only in an event EURUSD breaks below the latter support (lower blue line) it may pave the way for further weakness. All the signals / strategies that are published are kept simple with the usage of technical or fundamental analysis.; Do not that this is a 60minute signal / strategy rather than a medium or long-term strategy that is based on the daily, weekly and monthly charts.
Long
by DDMARKETS
GBPCHF Signal: 30min Classic Breakout EntryThe strong gains that took place in GBP were triggered by remarks from EU Barnier. Barnier stated that the EU is willing to offer the UK a trade deal that has not been offered to any country yet. These comments neutralized Theresa May's comments when asked about brexit, saying that 'it will no be the end of the world' which weakened GBP earlier. In GBPCHF 30min chart there has been a 30min breakout as the support (in green) gave way. The strategy would be to wait for a 30min close above the resistance (in green, former support), which may pave the way for further gains, targeting 1.2660. Although the following may be less relevant for GBP but more for CHF, Canada's deadline to reach a trade deal (NAFTA) with the US is tomorrow (Friday).
Long
by DDMARKETS
GBPCAD Short Term Signal: Fast Pips?GBPCAD reached a 30min resistance level. A 30min close below the resistance may trigger corrective weakness as highlighted on the chart. It is important to note that the brexit negotiations are ongoing to avoid Britain exiting the EU without a deal. The USD tremors in the market were triggered by President Trump's remarks on the Fed and his interest in a weak USD to boost exports. Do note that that this is a short-term signal. Only a 30min close above the resistance may invalidate the signal.
Short
by DDMARKETS