You may see the price the broke the head line( purple line ) at 125 . And it pulled up to 126 which is the 161.8% Extention Position of Fobonacci of 123.8 to 125.05. Then fell back to the Extention position of 138.1% . I believe the price of USD/JPY will keep following the regular pattern of Fibonacci. We may look forward to see the price pull back to previous...
FROM 1 DAY chart . It's easy to find that the price of USD/CHF has broken the descent channel on May 25. And a new Rising chnnel of 4hours has been formed. I strongly believe that the price of USD/CHF will go up to 0.97000 even 0.98400 in the few weeks.
Look at the 4 Hours piituce. The USD/CHF have broken the Moving Average Line of 5 \ 14\ 30 \60 days on MAY 18, and rised up tho highest price of 0.9544 . Then it began to pull back from the highest point. And I'm so glad to find that the price now around the Moving Average of 60days. I believe that the Moving Average Line of 60days will be a strong support...
First of all, I'm not pro. But I've witnessed the WTI's price rolling down from 80 to 42. And here is my idea about where the price is going to. Looking forward to get your ideas.
Hi, I'm James. This is my first time to share my ideas. I e will appreciate it if any could support some advises about my idea. I am a totally novice to Forex