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Growinginfoservices

Weekly Perspective (GBPCAD)Hey guys, All the GBP pairs are about to fall big time.We have huge potential trade setups on the lower degree don't miss those trade.A nice continuation on the H1 or on H4 will be a good entry.By this time you guys now our thumb rule of getting a trade on a continuation pattern & move the trades to break even.The co-relation of this pair is we have GBPUSD & USDCAD heading southwards so this pair will fall very aggressively.Manage your trades,Risk & profit but most importantly manage your loss. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Perspective (Ozzie Canadian Dollar)Hey Guys, The pair heads its way towards the north with a strong bullish engulfing candle inside the channel reverses the downside risk. Softer AU CPI adds to softer commodity export prices and weighs on AUD,limiting any rebounds.RBA policy remaining on hold for a prolonged period is also underscored by low core inflation.Recent CAD weakness may turn as Trump’s focus turns from tinkering with trade tariffs to focusing on tax reforms without Border Tax Adjustment.Oil may stabilise as OPEC arrange to meet to discuss extending production cuts. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
Weekly Perspective (Euro Ozzies)Hey Guys, The pair is currently in the strong move towards the north. The pair posted a 18 months low and reversed the surge towards north.It also broke the 18 months trend line that released the downside pressure the pair was facing.Due to the political uncertainty and the French Election that supported the Euro was the major reason behind the break of the 18 months trend line after that it formed a continuation pattern.It is more likely this pair will form many continuation on its way up.There can be a dip in the coming days and that would be the entry for those who missed the opportunity to enter. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
2
Weekly Perspective (Ozzie Kiwi)Hey Guys, If you reviewed my previous ideas by know you know the correlation in the pairs.As you know we are looking for a breakout on the way up in AUDUSD and we know that the kiwi is going to be strong in the coming days. Technical the pair has completed its move southwards and is headed north so i'm looking for continuation patterns to enter every time they form or to move the stop losses if you have any.The previous week was a strong one for AUDNZD but the correlation was different the ozzies were weak the kiwi was weak the pair of AUDNZD was more likely going to fall but the perspective changed the whole idea now we have something different in our charts show us that the downside pressure will be easily diminished as soon as the price crosses the previous high. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
weekly outlook USD/CHFhey guys, ~ I'm Anticipating A Wave southwards Due To The Price Action Of Last Week . ~ The Pair Made A Strong Impulse Followed By The Correction & These Strong bearish Impulse Can Be Traced on the Chart Indicating A Strong bearish Momentum. ~ The Price Broke The Trend Line or the rising wedge And The Middle Band Of The Bollinger. ~ As Of The Now The Pair can Head Northwards Towards The Resistance trend line for the completing of its corrective structure As Shown In The Chart. ~ The Tricks & Tips Here Is Follow The Price Action On The Lower Time Frame & Look For More Continuation Patterns.
Short
by GrowingForex
Weekly Perspective (Cable) Hey Guys, The Cable likely to extend its bullish momentum on GDP figures.It has been rising from Mid March & soon you guys will see an exhaustion on this pair make sure we are ready to grab valuable pips.The pair major continued scaling higher and refreshed multi-month highs. Spot prices held above the 1.2900 handle as traders now look forward to the first estimate of the UK GDP growth figures for Q1 2017.As the reading is negative upside risk is minimum but the pair can refresh multi months low in the year ahead. Technically, the pair seems to have confirmed a fresh break out and is trading above a strong hurdle, marked by 61.8% Fibonacci etracement level of 1.3445-1.1980 Down slide.On the flip side, immediate retracement below 1.2885 level might now find some fresh buying interest at a previous resistance, now turned support, near 1.2860-50 zone. Weakness below this immediate support levels might prompt additional profit taking and drag the pair back towards the 1.2800 handle, which if broken might impugn near-term bullish bias. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
weekly outlook (DXY host USD/CAD)hey guys just a general idea on the oil price, this week we found out that the oil prices are falling which is bad for the Canadian dollar. Canada ranks 1st in the production of oil. So this might weak the Canadian dollar for a Micro trend which is now heading north. Hopefully i think you guys caught the big move last week on the USD/CAD as it was shown on my previous analysis.So here again we are waiting for some dips to enter the market & on the flip side we are waiting for price action to confirm our entry. Look for the price action on the lower time frame to catch the big moves because the markets will give you many opportunities ,grab the ideal one instead of loosing on this. i hope the scenario is clear for you guys. Don't forget to hit like & PM us for any queries. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Motivational Quote: Cut The Cloak According To Your Cloth. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
2
Weekly Perspective (Euro Canadian Dollar)Hey Guys, The pair is currently trading higher with a gap towards the south that may be the major risk factor in the coming weeks.The question is will it fill the gap or it will just continue to rise ?.After a continuation pattern the pair posted some modest gains and is headed towards north.Moreover the French election would be a boast to the Euro or it can be the worst nightmare.By looking at the current trend and the bias,there are no signs of any bears at all it is purely bullish. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
Weekly Perspective (Kiwi)Hey Guys, The kiwi reverses its gains, Having posted a session high near 0.6890 region, the NZD/USD pair ran through some fresh offers and drifted into negative territory for the fifth consecutive session.The pair extended its bearish slide through the course of current trading week and is now headed back to nearly 10-month lows touched in the previous session, despite of the frequent negative sentiment surrounding the greenback.In fact, the key US Dollar Index has now dropped back closer to 5-month lows touched earlier this week and hence, the latest leg of the pair's downfall in the past hour or so could be solely attributed to rising treasury bond yields, which tends to drive flows away from higher-yielding currencies - like the Kiwi. Technical levels to watch : A follow through weakness below yearly lows support near 0.6850 level is likely to get extended towards testing the 0.6800 handle ahead of 0.6775 horizontal support.On the flip side, any recovery attempts beyond the 0.6900 handle, leading to a subsequent move above 0.6920 level, is likely to trigger a short-covering rally even beyond near mid-0.6900s back towards the key 0.70 psychological mark. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
Weekly Perspective (Guppy)Hey Guys, GBP/JPY continues sharp breakout flow on Thursday to hit its highest level since early-February, extending the sharp breakout move that has been in place for more than a week. This breakout was initiated last week on April 18th, after UK Prime Minister Theresa May called for a snap election to be held in June.This political move was undertaken so that May could secure a solid mandate to deal with difficult negotiations with the European Union as she sees fit, amid the ongoing formal process of UK/EU separation. The pound rose sharply on that announcement due in large part to the fact that May’s Conservative Party remains far ahead of the Labour Party in polling. This would then promote greater stability for both the UK and its currency.As the pound has continued to rise in a relief rally, the safe-haven Japanese yen has fallen sharply for more than a week as a strong, risk-on environment has taken hold of the markets. This has especially been the case after this past weekend’s first round of the French presidential election, which showed the market-friendlier Emmanuel Macron gain increasing support over his far-right rival, Marine Le Pen.During Declining Brexit concern that has alleviated pressure on the pound, as well as decreased risk aversion in the markets that has reduced demand for the yen, GBP/JPY has correspondingly been boosted sharply to break out well above a key downtrend line extending back to December’s 148.00-area high. This surge has been sustained up to Thursday and could continue to drive GBP/JPY higher, barring any UK political surprises or major market-disrupting events on a global basis. The next key upside resistance level is around the 145.00 area. With any further breakout above 145.00, GBP/JPY could once again begin to target the critical 148.00 resistance objective. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
weekly outlook 24th-28th April 2017 Hey Guys ~AUD/USD is among the list which i'm gonna target this week. ~As you guys can see on the chart that pair is inside the correction structure with almost heading on the direction of 1'o'clock. ~We don't see any Impulse wave that breaks the previous high. ~We are definitely looking for a break southwards,with price hovering around the resistance area where we think the sellers are sitting so you guys don't forget to catch this big move. ~Although a break above the bearish channel would change the idea. ~I'll be updating this pair throughout the week so stay connected to us. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Dominance of Euro Or the Dovish Draghi.Weekly Outlook 24-04-2017 - 28-04-2017 ~ Market opened with an expected gap witnessing France election & the Euro dominated the world.Now the point is will the Euro continue its run of will it fall. One cannot predict it from the current scenario As we need more conformation. ~ So talking about ideology on Eur/Usd is, this pair is going to fill the gap if it has to move towards north or its may first take a move towards north & than decline. So far we are still neutral on this pair for a longer run but you can trade it intraday & make some bucks on it. ~I hope you guys understand my hesitation on this pair for a longer run. ~ Dont forget to keep an eye on the S/R. (might be a reversal) Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Motivational Quote: Cut The Cloak According To Your Cloth Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
4
Positive Gap! Gap! Gap! hey guys ~any continuation to the down side will indicate a move towards south. ~ if you see a impulse instead of correction once it reached our target than wait for continuation on the move towards the north. ~ buy the dips or sell the bounce. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Motivational Quote: Cut The Cloak According To Your Cloth Good Luck...!! Regards, Growing Forex Team
by GrowingForex
weekly outlook (DXY host EUR/USD)hey guys As you all are aware of the political risk that surrounds us every time let it be Brexit or maybe an upcoming Frexit we don't forget to find trade setups & we don't stop trading so lets grab the opportunity & start the week with positive vibes. Coming to the technicals we have a possible move towards the south in the DXY which we still think is active & on the flip side we have the EUR/USD to make a possible move towards the north.I can simply suggest you to follow the price on the lower time frame for better results. Don't forget to hit like & PM us for any queries.
by GrowingForex
weekly outlook USD/CADhey guys, ~ last week we were waiting for some price action either a continuation or a impulse to enter the market as you see on the chart its marked in a blue circle. ~ as of last week the pair formed an impulse and broke the trend line & even the bollingers middle band that sort of price action indicated a change in trend. ~ the impulse is on its last stage to complete its corrective wave & it will head northwards. ~ the trick & tips here is that you guys follow the price action for further continuation on the lower time frame. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing forex Team
Long
by GrowingForex
weekly outlook US Dollar IndexHey Guys, ~ I'm Anticipating A Wave southwards Due To The Price Action. ~ The Pair Made A Strong Impulse Followed By The Correction & These Strong bearish Impulse Can Be Traced As Shown In The Chart Indicating A Strong bearish Momentum. ~ The Price Broke The Trend Line or the rising wedge And The Middle Band Of The Bollinger. ~ As Of The Now The Pair Is Headed southwards Towards The Next support As Shown In The Chart. ~ The Tricks & Tips Here Is Follow The Price Action On The Lower Time Frame & Look For More Continuation Patterns. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing forex Team
TVC:DXYShort
by GrowingForex
weekly outlook AUD/USDhey guys, ~ i'm anticipating a wave northwards due to the price action of last week . ~ the pair made a strong impulse followed by the correction & these strong bullish impulse can be traced as shown in the chart indication a strong bullish momentum. ~ the price broke the trend line and the middle band of the bollinger. ~ as of the now the pair is headed northwards towards the next resistance as shown in the chart. ~ the tricks & tips here is follow the price action on the lower time frame & look for more continuation patterns. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing forex Team
Long
by GrowingForex
weekly outlook NZD/USDhey guys, ~ i'm anticipating a wave northwards due to the price action we saw last week ~ after a strong impulse we saw a corrective structure an indication of trend continuation ~ as of last week we saw the price breaking the trend line which was a strong one from past 3 months. ~ the price broke the middle band & the trend line indicating a trend reversal. ~ the tricks 7 tips here is follow the price action on the lower time frame for further continuation pattern. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing forex Team
Long
by GrowingForex
EUR/USD 04-04-2017 (AP)Hello Dear Traders, 1.The pair is forming a descending triangle & a break below 1.0649 would open doors for 1.0620 & later 1.0580. 2.the pair's outlook is still negative & break above 1.0700 would trigger 1.0750. 3. News to follow today is Speech by the President on the occasion of the launching of the new €50 banknote at the E.C.B in Frankfurt, Germany. with no supportive news From the US Dockets today. 4.Enter the trade on the breakout of 1.0649 & target at the 1.0620 or 1.0580. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Correcting Lower But Essentially Bullish (22-03-2017) (AP)Hello Dear Traders & Welcome to Growing Forex (Try Creating Pockets). The EUR/USD pair consolidates near its recent highs, having held below 1.0820 during the Asian session and now trading near a daily low of 1.0782 early London. Attention is centred on equities, sharply lower in the region after yesterday's Wall Street slump. The lack of progress of the Trump administration seems to have finally took its toll on investors' mood.The EU released its current account for January, which recorded a surplus of €24.1 billion, below market's expectations, and December result, this last revised lower to €30.8B. The macroeconomic calendar will remain scarce for the rest of the day, with only US Existing Home sales for February and the EIA crude oil stocks in the American afternoon.The pair seems poised to correct in the short term, moreover after reaching a critical resistance, the 50% retracement of the post-US election decline at 1.0820, given that in the 1 hour chart, technical indicators retreat from overbought readings, heading south within positive territory. Still the latest bullish trend remains firm in the background, and it would take a break below 1.0700 to see it tumble.The immediate support is the 1.0760 region, followed by 1.0730, the level that capped the upside for over a week. A downward acceleration below this last could see the pair extending down to 1.0690/1.0710, although such decline seems unlikely at this point.It would take a break above the mentioned 1.0820, on the other hand, to see the pair regaining its upward momentum, with 1.0860 and 1.0900 as the next intraday resistances and possible bullish targets. "WHETHER YOU THINK YOU CAN,OR YOU THINK YOU CAN'T YOU ARE RIGHT IT'S ALL ABOUT CONFIDENCE". GoodLuck, Regards, Growing Forex.
Short
by GrowingForex