It seems that a downtrend is about to start. Price could not break 1.95600 resistance and its dropping down slowly. Set entry as sell stop waiting for the price to break previous candle stick. RSI and MACD are also over bought, right now with a pullback up .
Trend shows us the beginning of our wave #5, according to Elliot's theory. Sit down, watch the market, follow greenback new and wait for the perfect moment to enter. Follow me @Carlos_TFI2018, leave me a comment or suggestion, I will appreciate it for sure.
Even though last week has been a debacle (with some moments of recovering) for our green-bill currency; it seems we are going to have a recovering week ahead.
By agreeing on several points of our checklist such as the back-testing of a daily support line, the formation of a geometrical cypher pattern, and our price action showing a perfect hammer candle on our...
Vemos a nuestro par favorita en una situación de ajuste de tendencia en una línea de soporte semanal, que se rompe una vez para mostrarnos un movimiento bajista. Sin embargo, el precio vuelve a subir y lo rompe nuevamente. Es temerario entrar en este momento. Es aconsejable esperar hasta que tenga una entrada clara. Personalmente, esta semana voy a estudiar el...
EUR seems strong against JPY due to for the last three weeks our Asian currency has been weaken facing mayor currencies. However, this coming week may be the one in which JPY starts to correct its way. By analyzing weekly chart, we may get as conclusion that our pullback is getting to its end and a bearish movement is about to begin. By checking our hourly chart,...
It looks that our pullback movement is reaching its end so a possible correction to the uptrend seems to be coming according to our H4 chart. Therefore, while being in holidays affects the market volume, we keep on watching confirmation signals in order to get in to the trend as a bullish attack!.
A 38% pullback has been made during the last night London session and the price of the USD against CAD started rising up again with the opening of New York session. According to our moving average, it is the correct price to enter for a buy, however, let's just wait for the uptrend movement to start showing a better and clear path.
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Possible enter zone for a bullish order. A pullback is starting, let's hope it continues till hitting the 38.20% - 50% of our Fibonacci tool which it's the same zone of our movement average for a perfect price to enter. Then, the trend will continue its long movement.
In my personal opinion, this pair is on its retracement right now and it's getting to the 23.60 retracement pretty soon. Furthermore, US dollar 0.09% will continue its growing trend against the Japan Yen. Pay close attention in the following hours, especially with the opening of the London session. On the other hand, do not miss the NFP which is coming Friday...
In my personal opinion, this pair is on its retracement right now and it's getting to the 23.60 retracement pretty soon. Furthermore, US dollar will continue its growing trend against the Japan Yen. Pay close attention in the following hours, especially with the opening of the London session. On the other hand, do not miss the NFP which is coming Friday morning,...
