Forextuitions

Forextuitions Updated 

This Idea is for EURUSD traders. Short Term Trading opportunities. EURUSD traded in a parallel trend range with strong resistance at 1.1615, we have ECB and Bid rate tomorrow expecting a good volatility. There are two scenario at current position, expecting it will break 1.1620 resistance and complete structure towards 1.1800/1.1900 but for that it should...

Forextuitions Updated 

USDCHF still there is a potential to go more downwards , currently the pair trading 23% retrace fibo with daily candle support along 200 ma on weekly time frame, before see another fall we can see the pair retrace 50%retrace around 0.9610/0.9630. Note: we have ECB today. Short term trade. Buy USDCHF @0.9545/0.9530 Target: 0.9610 Stop loss: 0.9500 gud luck...

Forextuitions Updated 

USOIL inventories , In the United States, crude oil inventories last week dropped the most in 10 months.Crude inventories fell 7.6 million barrels in the week to July 7, to 495.35 million barrels. The decline was the biggest since the week ended Sept. 4. it will be a good for USOIL less inventories and strong demand from china, it could support usoil price to rise...

Forextuitions Updated 

USDJPY pair fall after negative fundamental data, currently the pair traded into support zone area with 50% retracement fibo with supporting 200 MA on daily candle , on other side the Bank of Japan is simply not in a position to join the recent hawkish shift in the tone of developed markets central banks.Expecting another rally coming soon towards 115/50/116. we...

Forextuitions Updated 

EURGBP pair fall after GBP fundamental positive data,we heard Carney & Co. say that they would be focusing on the reinvestment of businesses as one of three key metrics that composed of Brexit negotiations outcomes that would be favorable to the UK economy, business growth, and wage inflation. As technically the pair traded on support zone to begin building...

Forextuitions Updated 

After BOC raise 25bp rates AUDCAD fall more than 150 pips, After the china positive date aud retraced around 50% fibo into the bearish trend , yet he has not completed his weekly target , we can see another fall towards 0.9700 soon. Sell AUDCAD @9840/0.9855 target: 0.9770/9710 stoploss: 0.9889 gud luck ! #forextuitions

Forextuitions Updated 

USDCAD pair still there is a weakness , as fundamentally we have BOC today and expecting 25bp hike with neutral statement , we believe We do not have long-term USDCAD weakness extending into 2018, however , will see soon back to 135, Currently as technically the pair traded below 200 MA on 1hr time frame with incomplete pattern of head and shoulders, we can see...

Forextuitions Updated 

AUDCAD the pair still there is a downtrend to complete weekly target, As AUD fundamental weak and CAD BOC follows market expectations and raises interest rates, As technically the pair traded below 200 MA on daily candle and looking to complete 50% fibo to re test support. We don't like to buying here ! Sell AUDCAD @0.9800/0.9825 target: 0.9720 Stop loss:...

Forextuitions Updated 

After Fomc meetings announce start Of Balance Sheet Runoff In Sep; Next Hike In Dec, Dollar getting strong , As XAUUSD has fallen from 04/06 on the strong resistance , currently traded on daily support with completing impulse pattern at 1227/1230 , expecting another fall towards 1200/1190 .we don't like to buying here . Note: today we have NFP data. Sell...

Forextuitions Updated 

USOIL rally after last fundamental inventories and this month July is usually a big month for drawdowns: Over the last five years, inventories of crude oil have dropped by an average of 2.9 million barrels per week in July, according to the U.S. Energy Information Administration.As technically USOIL traded on his strong resistance with around 100% fibo retrace...

Forextuitions Updated 

NZDUSD pair has completed his weekly target , currently the pair traded on daily strong resistance,it could possible the daily candle shadow break strong resistance and the candle body will see bounce back under resistance on daily time frame. we can see three waves towards retest support around 0.7266/0.7248 Sell NZDUSD @0.7335/0.7355 target: 0.7258 Stoploss:...

Forextuitions Updated 

AUDNZD pair has completed his daily target, now the pair traded with double bottom on daily candle with strong support , we can see bounce at least three waves back from here . we don't like to selling here . BUY AUDNZD @1.0398 target: 1.0468/1.0505 Stop loss: 1.0358 gud luck ! #forextuitions

Forextuitions

Usoil rose 0.2% after us oil increased production inventories , the market that has been under pressure from a globally glut.technicaly the pair has not been completed his weekly target nd currently traded on strong resistance with trend completion pattern. We can see fall atleast three waves towards 43.70/43.00 Sell us oil. @44.95/45.05 Target:...

Forextuitions

GBPUSD pair fundamental is not well , the pair fall more than 0.2% after carney speech not to hike interest rate soon, as technically pair is not yet completed his weekly target, the pair traded now on 50%fibo with strong resistance, we can see one more leg down towards 1.2600/1.2560. Sell GBPUSD @1.2698/1.2715 Target: 1.2608/1.2580 Stoploss: 1.2748 Gud luck...

Forextuitions Updated 

USDCAD pair traded on 50% fibo with double top pattern into 4 hr candle and below 200 MA on daily candle also dozi making into 4 hr , we can see one more leg down towards 1.3220/40 to bounce back. we don't like buying here. Sell USDCAD @1.3322/1.3340 Target:1.3240 stoploss: 1.3383 gud luck ! #forextuitions

Forextuitions

NZD USD spike after RBNZ rate hold also RBNZ statement today maintained a very neutral tone, on other side we still see a rate hike earlier than the RBNZ's ,as technically the pair traded on trend with strong resistance , if break will see soon 7300/7350,Before go higher it could possible to re test support of 7180/7140 to bounce back. Let's open a trade with...

Forextuitions Updated 

EURUSD pair traded on daily strong support with 200 MA bar on 4hr chart, the pair stuck with the range of 1.1134 to 1.1165, as technically it should break the level to extension lower to wards 1.1100/1.1080, As dollar strong after FED rose interest rate and yet has not completed daily target, so we can see another fall in eurusd pair from 23.6% fibo towards...

Forextuitions

USOIL pair made bearish trend after opec meeting to reduce productions on above there is a tensions in gulf with the saudi arabia one of the oil producer country , as technically still the trend is bearish continue but it traded now on strong support it could possible to bounce back at least 3 waves and we have inventories data soon. Below 43.70 will not be go for...