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AUDUSD AnalysisAUDUSD may give us a buying opportunity that can emerge once in every 2 or 3 years. After selling pressure and losing value for 5, two things happened at the same time: 1- We have seen Monthly Trendline reached and had a reaction upward fomr here. 2- Also, the price managed to break above 0.7385 level and has activated monthly demand zone(0.72425-0.68270) We are waiting for possible new daily demand levels to be formed and then we will be loking for buying opportunities to hold. tradewithcan.blogspot.com.tr twitter.com
by Can.Yildirim
1
GBPJPY SHORTGBPJPY is expected to sink now. There are many reason why we feel it may sink. * Abandoned baby in daily Chart . * To sink and come near 14.14 levels * Stoch RSI (3,3,14,Close) is un clear. * RSI (14,CLOSE) Is also of the view it may sink. * CCI (20,CLOSE) Is also sinking. Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our sell call shall be from sell bellow:155.82 SL: 156.48 Tgt 01: 154.14, Tgt 02:153.40, Tgt 03:151.14. We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.
Short
by ajithchand-bhandaari