1.84344 area of STRONG resistance... how can people not trust such a strong level? must be drinking too much fluoride. Anyway... we have marked on our chart with purple arrows where price has hit this resistance level and then bounced, historically once price has hit this level there have been aggressive sells ( price drops considerably ) This tells me that the...
As we can see this pairing broke a strong support level of 0.87864 on the weekly chart and then sank. We can see some possible support coming up at 0.86324, so a chance for a possible long, we will be keeping an eye on it and trade will be sent out to our clients when trade becomes valid.
Support of 7.85993 is stronger than the hulk on steroids, this level has been hit more times than the back of Burton Albions net against Manchester City.... infact if you don't class this as strong support then close your laptop and stop trading. we will be setting a buy order a few pips above current price to allow for the re test of this level..... Thank us...
As you can see from the chart that this pairing really respects support and resistance lines ( the big players, banks probably love this pairing ) Price is now coming up to a well respected resistance area where we are expecting price to bounce so we can collect a few pips. We will not be manually entering this trade but placing an order as if the trade breaks...
Price broke out our wedge formation ( check previous chart ) and rallied breaking resistance of 1.13836 and is now using it as a strong support level, We can see price reaching as high as 1.14838. Remember to use correct risk management and only use our analysis if it lines up with your own analysis.
As you can see we have marked out our support turned resistance level on the chart ( green line ) and we have pointed out areas where this level has acted as a resistance on the daily timeframe ( purple arrows ) From here we can see bearish movement after this pairing has had a very good strong bullish run but has now hit that all important brick wall (...
We can see over the past 3-4 days on the 4h chart that price has been squeezed into a wedge formation ( green trend line and support line ) When this happens price breaks out and explodes so we will be keeping an eye on the breakout to the upside with potential to go up to 1.14800. We will set an order a few pips to the upside just outside this wedge, so if price...
We can see the key areas of support and resistance marked with the green lines, and the places price has touched these key areas marked with purple arrows. We can see that a massive candlestick shadow broke out our 80.469 support but came back up and closed the correct side of it, this is a good sign the sellers are exhausted and the buyer have taken over...
Marked on the chart you can see key support and resistance levels ( green lines ) and where price has touched these key levels ( purple arrows ) Yesterdays candle hit resistance level 0.99892 and retraced, todays candle has also nearly touched this level so we will be looking for price to close below 0.99892 today at market close to see if price is yet again...
Previously I gave out a EUR USD short signal, now this could still be valid and may still hit TP... but I can see a really strong reason as to why I think bulls will now take over and push price higher, if you are in my original sell position you will be deep into profit anyway so move SL into profit to lock in that money. From this chart we can see that the...
If you can not see how strong the support at 0.87310 is then you should really go away and learn some more. We are looking for price to re test this price and bounce, we can see a good level of resistance at 0.89282 which again may act act as a wall and bounce, but we will keep a close eye on this pairing if it did try and test this resistance level. To sum it...
Set an order for 1280.000, we have a support level at 1274.562 which we ae expecting it to break and fall as far as 1239.168... Thank us later :p
As you can see from our arrows on the 4h chart that price has touched 1.28802 a number of 17 times just in this chart, this is classed as strong resistance and not to be ignored. The current 4h candle that is forming is hovering around this resistance level at the moment and has already touched this level and retraced a little, this gives us an indication that it...
Marked on the chart you can see some key levels 1356.478 ( resistance ) 1297.420 ( resistance ) and 1182.906 ( support ) You can see that price has touched and bounced off these levels 10+ times each, why do you think this is? this is because the big banks and the big players in the game set orders at these levels ( big amounts of money ) this will make the...
Bears are strong with this pairing, we can see further downside movement as far as 1.13075 support level, price bounced off key resistance at 1.14039 and is ready to sink. We could see some support at 1.13470 that has been used as support and resistance before, but this should only be a slight pullback which will provide good opportunities to add sell...