Last week was bearish and I shall wait for short signals in this time frames before shorting. Potential sells lies within 1.58 and 1.585 with stops above 1.59. Remember, the weekly chart is very bearish complete with a sell signal and a bearish divergence pattern. Read more here: forex.today
Potential for higher highs on this buy. I will wait for a pull back in the 4HR chart and buy AUD with stops at 1.066, take profit at 1.10 More here: forex.today
The monthly chart is bearish and since its always profitable to trade with the trend, I will recommend selling Gold with stops above $1340 and take profit at $1300 check out the monthly chart: www.tradingview.com Read my whole analysis here:http://forex.today/gold-technical-analysis-for-march-7-2018/
Hello Guys, Pretty nice formation in the last 24 hours. For now, I'm waiting for a close above that resistance trend line and for that reason, I will place a buy stop at 148. My trade plan is here forex.today
There is a likelihood of GBP gaining ground this week especially if today's candlestick is bullish. All we have to remember is that relative to last week, prices are down 80% and on Friday, March 3, some bullish candlesticks printed in the 4HR chart. What is important now is a follow through and rejection of lower lows. If bulls clear Friday's highs in the daily...
USD under-valued and momentum in both the weekly and 4HR charts shifting from oversold territory. Short term targets at 12 with stops at 11.64
What for a break out probably below the middle BB and short with targets below 4.4
Buy triggers at at 1.313 with take profits at January highs of 1.35, stop loss at 1.3030. Tomorrow we have BoE interest rate announcement
Euro over-extended to the upside and as it is, its a prime time to sell this pair. so sell and take profits at 1.524 at the 61.8% Fibonacci retracement level in the daily chart.
Buy Yen and if prices drops to 112.50, the better.
I think with every low USD prints today, you should look to buy. After all, MXN is a little bit over-valued with two whole candlesticks below the lower BB.
CAD is over-valued and last month's candlestick was bullish. Trade as follows: Buy: 1.274 Stop Loss: 1.269-Below December 21 lows Take Profit: 1.29-this week’s highs More from: forex.today Let me know what you think.
I think they might be a take off in this pair and current prices are perfect opportunities for buying on dips. Buy stop at 1.7560 Stop Loss at 1.7460 Take Profit: 1.79 for a 1:3 risk reward ratio More details here: forex.today
Sell opportunity after monthly chart ends with an inverted hammer. Sell at 16.27 with a stop loss above recent highs at 16.43. Take profit at 15.60
Buy opportunity present. Buy momentum is high in the monthly chart and there is a stochastic buy signal after a 80% correction. Stop loss below recent lows at 1.095 with targets at 1.11 and 1.12 respectively.
IOTA is over-extended but we are bullish. Potential buy zone between August highs at $1.1 and $0.98. Sellers should aim at the lower limit of this buy zone at $0.98
Sell opportunity present. Oversold stochastics in the daily and 4HR chart. Additionally, there is an over-extension to the upside after price closed above the upper BB. Bears to aim support levels at 1.71 and 1.68 Stop loss above 1.74