LDForex_

LDForex_

On the daily chart, the 200EMA is above price which indicates that price is currently in a strong bearish trend. The Ichimoku is also showing breaths signals as as price is below the purple cloud which gives me another confirmation that price will continue to be be bearish with for a long time as the cloud suggests that the bearish run could go on until 20th June...

LDForex_

On the daily time frame, there has been a strong bullish trend since 30th November 2018, The 200 EMA confirms that gold is in a strong uptrend as it is below price. Also, the Ichimoku is showing bullish signals as there could possibly be a possible breakout from the cloud.The cloud shows that price is breaking out of the bullish cloud which indicates that there...

LDForex_

On the daily, It shows the the CADJPY is in a Bullish trend as the 200EMA is below price. On the 4 hour chart, I placed my stop loss below the Kijun Sen. I would be in the trade as soon as price breaks through the resistance line and becomes support at 86.212 and hopefully hit my take profit which is at 89.456.There has already been a TK cross which indicates that...

LDForex_

On the daily chart, the 200EMA shows me where the long term trend will be for the currency, the EMA showed that price was below the EMA which indicates that the trend is bearish.I can also see a breakout on the price resistance line(1.26978) so it could show that the price will continue to go down.I switched to the 4 hour to see if the Ichimoku signals show...

LDForex_

One of the economic releases of the day was the U.S. Crude Oil Inventories which helps measures the weekly change in the number of barrels of commercial crude oil held by US firms. The way it works is that the amount of inventories helps influence the price petroleum products which can have an encounter with the inflation rates. Traders have got two things which...

LDForex_

Todays fundamental analysis for the USD is about the US building permits and this will help us understand how the measure of change in the number of new building permits issued by the government. This is very important for traders because the building permits help us project future housing starts. The US government releases this information once every month at...

LDForex_

For me to predict whether the GBP/EUR is going to be either a uptrend or a downtrend, I use the EMA indicator to help me decide whether it a uptrend or a downtrend. I use the 200EMA to predict if the long term trend of the pair is going to be a downtrend or uptrend. If I wanted to know the short term trend then I would I would use either 10,20 or 50 EMA to help me...

LDForex_

For GBP/USD, I used the 200 EMA and it shows that the moving average is below the price which means that is it currently in a long term uptrend. Also the moving average is pointing high which shows that the trend is currently strong.

LDForex_

For the EUR/USD, I used the Moving average exponential indicator to predict whether the trend is going to be a short or long term trend. I used the 200 EMA and it shows that the moving average is below the price which will suggests that the market is in a long term uptrend. Also the moving average s pointing higher which also conveys that the uptrend is strong.