Last week we have posted signal on EUR - JPY currency pier... check the results !
Turkish lira is near to its end, bow trading at 6.1096. Long term technical analysis shows corrections of this trend to S1 support level 5.9880, next target can be S2 level. This levels are calculating based on long term fibonacci retracement, also confirmation fo our analisys can be pattern wedge with trendlines T1-T2. Crossing of T1 will be a signal to sell USDTRY.
Check the results ! follow us and money will follow you !
Another great opportunitie on EUR JPY - pattern Head and Shoulders on . Target 119.400 after crossing of T1 trendline
Bullish signal ! pattern Head and Shoulders on US dollar - mexican peso currency pier. Target 18,6848.
Euro - Japanese yen overloaded. This week we expect correction of the trend, technically two main factors: 1. Pattern Wedge (T1;T2) - T2 is already crossed, but confirmation of this trade will be crossing of R1 resistance level, this will be a great opportunities to buy EUR against Japanies yen. So wait for crossing of R1 - 119.23 Wish you successfull and...
Interesting opportunity on Euro - Swiss franc currency pier. Last 2 weeks EUR was gradualy weakening, but now it's to much, quite overloaded against major currencies. I expect correction of this trand, EUR may rise against major currencies until the end of February. On EURCHF (H1 chart) you can find pattern sperandeo, which is the signal to Buy EUR, but wait -...
Euro - US dollar currency pier is ready for rally... After crossing T1 you can BUY euro against USD, until price will cross R1 (1.1071)
Coronavirus has damaged financial markets of China. Chinees stock droped almost 7%, economic grow with 2%. Of course Chinees yuan planged after market open today, now trading at 7.0202, next target 7.0719
Simple trading opportunities on NZDUSD currency pier. Pattern triangular, after crossing of T1(Buy) or T2(Sell) you can trade to the same direction. Target 30 pips after crossing.
Euro continues its downtrend against major currencies. During last 3.4 business days the price has formed pattern triangular. Usually (70% cases this patterns works well) the pattern is crossed on fifth touch. Now T2 was crossed down, the perspective of this short term movement is around 50-70 pips. But at the and of this week US Non farm employment data will...
Euro continues its downtrend against major currencies. During last 3.4 business days the price has formed pattern triangular. Usually (70% cases this patterns works well) the pattern is crossed on fifth touch. Now T2 was crossed down, the perspective of this short term movement is around 50-70 pips. But at the and of this week US Non farm employment data will...
30 days until British Exit as prime minister Boris Johnson has promised his citizens. This week he will deliver Brexit Plan to Brussels, lests wait for comments from EU officials. But before, amassing opportunities on GBP-USD currency pier. Pattern right triangular with L1 and T1 trend line, the signal may be a crossing of L1 support.
Monday morning, great week ahead - unemployment data from Europe, Non-farm from USA. But today more concentration on technical analysis, check pattern bullish Head and Shoulders on EUR - USD currency pier (H1 timeframe). If price will cross T1 trendline- the target will be 1.1023. Be careful as it is Monday and price still can test 1.0905, last week lowest price....
Quite interesting situation on Australian - US dollar currency pier today. Last downtrend channel with T1;T2 trendlines is under pressure to cross T1. Also two important prices for next week, which where formatted during this trading week, resistance level L1 - 0.6809 and support L2 0.6738 . In case if price will cross T1 trendline the target will be L1...
US dollar fell by 180 pips against Turkish currency during Asia session on Monday. Now you need focus on two main technical aspect of this currency pier. The first - Fibonacci level 23 (5.7410) and pattern triangular (L1-L2 trend lines). Fibonacci level served as quite strong resistance level and pushed price in the pattern. Today price may keep range 5.7080 -...
lets check Euro - Japanese Yen currency pier. Now trading at 119.50, the price is above 233 MA, which is the signal of bears power. This week price was jumping in average 100 pips range (118.68-119.85). Check L1 trend line, and resistance level 119.82. If euro will keep trend during next Asia session, we can trade to 119.82.