Ilovetrading
Forex Tips & Market Analysis - EUR/AUD SELL! SELL! SELL!EUR/AUD ( 4HOURLY )
SUMMARY:
The secondary trend of EUR/AUD is bearish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4926 and support at the level of 1.4842. If it breaks its suppport level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in itsnegative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.
STRATEGY:
EUR/AUD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
100% on Tradingview so far... Hope you enjoy this, as usual let me know how you get on!
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Forex Market Analysis and Trading Tips 1st March 2016 - EURCAD!EUR/CAD (hourly)
SUMMARY:
The primary trend of EUR/CAD is bearish on charts and price is trading below the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4900 and support at the level of 1.4720. If it breaks its suppport level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in itsnegative territory indicating the bearish trend in the pair.
RSI is sustaining in its selling zone indicating the upcoming bearish trend in the pair.
STRATEGY:
EUR/CAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
Good luck with this pair guys and let me know how you get on!
www.tradingsignalreviews.com
400 PIP SHORT USD/CAD - Forex Analysis and Market Tips !SUMMARY:
The secondary trend of USD/CAD is bearish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining below 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.3800. If it breaks this level on the downside and sustains below it then we can expect it to show further bearish movement in the pair.
INDICATORS:-
MACD is sustaining in its negative territory indicating the bearish trend in the pair.
RSI is almost in its selling zone indicating the upcoming bearish trend in the pair.
STRATEGY :
USD/CAD is looking bearish on charts for next few trading session. One can go for sell on higher level strategy for this pair for intra day to mid term positions in it.
Please like and comment your ideas :)
The Banker
www.tradingsignalreviews.com
ForexTrading Tips Easy 200-300 Pips GBPUSD BUY BUY!!GBP/USD Hourly
1.4076
Overview :
Market managed to fell to test support 1.3845 as we see over the chart, while managed from there to rebound toward target zone 1.3960-1.4000 as we advised before on Tuesday.
Britain published construction sector PMI: 54,2 that is lower then the forecasted 55,5. The pound did not receive support from the black gold market positive dynamics. The financial markets showed a steady demand for "risk assets", which allowed the British currency to finish the day in the "green zone".
The price is finding the first support at 1.4000, the next one is at 1.3920. The price is finding the first resistance at 1.4080, the next one is at 1.4140.
The price is in the Ichimoku Cloud and it is under the Chinkou Span. The Tenkan-sen and the Kijun-sen show an upward movement forming a “Golden Cross”.
Indicators:
RSI is in the buy zone to indicate further bullish movement in this pair with some relief for now in sterling.
The MACD indicator is in a neutral territory. The price is growing.
Best of luck guys :)
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Forex Analysis And Trading Tips - USDJPY LONG!USD/JPY
113.78
Market managed to hit below 112.50 yesterday in a sign that market may have another dip toward 111.50-60 zone before resume the rebound correction toward 115.10 zone
short-run still showing ability to continue trading zone between 111.00 – 115.10 , while below 111.00 expect 110.00 zone and below
Support Resistance
Level 1 112.15 113.40
Level 2 111.50-60 114.00
Level 3 111.00 115.10
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Forex Market Analysis and Trading Tips - AUD/USD BUY! 160 Pips!AUD/USD ( HOURLY )
SUMMARY:
The short term trend of AUD/USD is bullish on charts and price is trading above 200 DMA and 50 DMA on 4 hourly charts with appearance of golden cross. It is having an important resistance at the level of 0.7260 and support at the level of 0.7110. If it breaks its resistance level on the higherside and sustains above it then we can expect it to show further upside movement.
INDICATORS:-
On MACD positive cross over appeared which indicating the bullish trend in the pair.
RSI is sustaining in its buying zone at 59.73 on 4 hourly chart indicating the upcoming bullish trend in the pair.
Let me know how you get on guys, pleased to hear everyone enjoyed yesterday's EUR/CAD short!
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USDJPY: Potential Bearish Gartley with Good Risk/RewardPotential Bearish Gartley Pattern. With the completion being so close to the "X" leg it provides a really good risk reward ratio.
Hope to see all of you guys for tomorrow's "Paradigm Shift" event. If you're not signed up shoot me a private message and I can get you the link to do so.
Akil Stokes
Chief Currency Analyst & Head Trading Coach
www.TradeEmpowered.com -The Premier Online Trading Education Company
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