Forex-Wiser7

Forex-Wiser7

Hello traders as we can see on daily chart that DE30 is rallying down towards strong support levels. It is already reached 50.0% of fib level. Here we have three areas from where we can go long on this index. Entry points 1. Current price i.e 50% fib level for short term pull back 2. 60% fib level because it will test strong support level and will likely to...

Forex-Wiser7 Updated 

Hello traders on 4HR chart GBPUSD is dropping to a strong support level 1.29400 after testing golden zone of fib levels 61.80% and 50.0%. So from the support level a short term pullback opportunity will be created, wait for price to drop to support level then go for short term long or if you want to hold it for longer time keep modifying your stop-loss as price...

Forex-Wiser7 Updated 

Hello traders as we can see on 4HR chart, EURGBP is in consolidation and is moving in specific range. After testing strong resistance at 0.91400 and support at 0.90400 many times hopefully now it's time for final test of resistance and it will starting forming a clear down trend and price will fall to 0.89000 a strong support. So let's see how it goes wait for...

Forex-Wiser7 Updated 

Hello traders as we can see on 4hr chart AUDUSD is in closing channel and will about test resistance level of 0.71700. Either it will break this level and test 50.0 fib level then bounce back or after testing the resistance level it will fall to support level 0.70900. Wait for the price to test resistance level then go for short. Traders, if you liked this idea...

Forex-Wiser7 Updated 

NZDUSD is testing Fib level 61.80% and reached a strong resistance level of 0.67050. In accordance to Dollar Currency index it is also reached a strong support level of 92.480 and is testing this level for now. So I expect dollar currency to move up from support level and this will result in drop of NZDUSD pair. I expect pair to fall at 0.65900 level. Let's see...