Infiforex
USD JPY USD/JPY spot @ 110.50, from last 3 weeks market is moving in uptrend channel, market is forming series of lower high, but still is not completed, for the buy it should be above @ 110.66 for the target of 111.10 levels for the sell trade levels at 110.20-16 for the target of 109.70
Dear Traders, frankly speaking this is loss time, all the markets are not showing a clear view, be careful, there should be perfect entry for trade.
Follow the price action, don’t chase the market, and keep your ego aside.
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EUR/USD target @ 1.1704-34EUR/USD spot @ 1.1618, now it’s trading near to resistance @ 1.1624 an d also the fibo level 23.6, now as it’s break this resistance we expected to test this @ 1.1704 to 1.1734, between fibo 50% level to fibo 61.8 %.
Buy @ 1.1624-32
Target @ 1.1704-34,
Stop loss @ 1.1602
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EUR/USDEUR/USD spot 1.2281, from Mid Jan 2018 to till now market try to break 1.2280 level several times but it’s not succeed, from last one month market not able to break 1.2400 level, now it’s forming series of lower high, another signal of downtrend, and US polices for trade, are also supporting strong $, as it’s break 1.2242-44, expected to be test 1.2080 in coming sessions There is no trade zone between 1.2242-84.
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EURUSD @1.1960EUR USD spot 1.2278, Market is ranging from 1.2200 Level to 1.2500 Level from 15th Jan 2018 to till now market tried thrice to break 1.25 levels, then market potentially formed double top for target of 1.1900 levels. But this did not happen, this is happening due to US Decisions like Trade War between counties and New FED chairman etc. Now FOMC meeting today scheduled, for the bullish scenario, if market break 1.2400 levels possible to break 1.2500 level this time. For the bearish scenario as it’s break 1.2200 Level will test 1.2072 then 1.1960.
BTC USD @ 21K ? CURRENCY DRIVE INFI FOREXBTC USD Spot @ 11562, now it’s potentially forming series of higher low, and it recently break the downtrend line now as it’s break previous breakout level 13000/-, it is possible it would not hold immediately above 13K, it’ may rush between 10400- 13000/-then break after a make strong support . and as it’s strongly break 13K figure . Potentially Inverted head and shoulder would be created for the target of 21K Figure.
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EUR USD @ 1.2010? CURRENCY DRIVEEUR USD spot 1.2332, After Testing 1.2510 Twice, It’s expected that if this break 1.2510 level, will test 1.2780, unfortunately market did not break and now trading at 1.2332, now expected level is 1.2240-42, if it would break this level , potentially double top will be form, and the target would be 1.2010..
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EUR USD @ 1.2010? EUR USD spot 1.2361, After Testing 1.2510 Twice, It’s expected that if this break 1.2510 level, will test 1.2780, unfortunately market did not break and now trading at 1.2360, now expected level is 1.2240-42, if it would break this level , potentially double top will be form, and the target would be 1.2010..
CURRENCY DRIVE INFI FOREX
EUR USD targeting for 1.2784 CURRENCY DRIVE INFI FOREXEUR USD spot 1.2470, market trying to test 1.2500 level third time in one month, it’s highly expected now it will break it and will catch next target 1.2784 in coming sessions. And the fundaments also giving to support this to go higher. CURRENCY DRIVE INFI FOREX
Bitcoin 24,000 or 8,000 enjoy the rallyBTC spot at 11257, potentially forming series of lower high, it’s highly expected as it test 13K figure, come back down up to 8200/- and if breaks 13K and followed 15k, it would potentially confirm bullish flag, expected to break 24K also. Take your decision wisely.