Due to trade war,The risk aversion sent the yen to strengthen in the near future and rebounded in the morning. Stoch seem over sold in 1 hr chart and giving a negative signals; RSI is also reach a overbought level; Price is close to resistance; Today USDJPY trading range would around 105.50-107.30. Would be suggest have a short bias below 106.50. Target around...
The UK has no agreement to leave Europe and the fear is still there. The pound is still under pressure. 4 hr chart: Stoch has reach the overbought area in a down trend , and giving a negative signals; RSI retest and reject from the 50 level seem maybe to continue it down side; retesting the 20 ema; Pound US today's fluctuation range is 1.2000-1.22250. Would be a...
In the morning, Australia's second quarter CPI data was better than expected, and the Australian dollar rebounded. Stoch seem reached overbought in a down trend market as giving a negative signals ; RSI retesting the 50 level; price below 50 moving average AUDUSD today's trading range of 0.68500-0.69000. The overall trend of AUDUSD is down, and there is a...
Last Friday USDCAD reached resistance level around 1.3200 and reject from it, bounced back to the support level. Stoch seem the signals line has cross to a positive signals; RSI had above the 50 level; price is above the resistance level. The intraday trading range would around 1.3079- 1.3239. I would suggest can have a long bias above 1.3155. Target around...
Price seem to find a support around 0.9840, yesterday was reject from it. RSI reject from the 50 level; Stock cross giving a positive movement in 4 hr; support area The USD CHF expect trading range is 0.9774- 0.9918. We would like to take Long bias Above 0.9850.The target is around 0.9880. *This is based on current market conditions which can change any...
Australian dollar fell as the dollar continued to strengthen; Stoch seem reach oversold level at 4 hour and RSI break below 50 level; Aussie today's fluctuation range of 0.69950-0.70650. The short-term trend of Australia and the United States maintained a downward trend. The intraday trading proposal was short-selling below 0.7035 , and the target was around...
The dollar rebounded due to the impact of the Fed’s official hawkish speech, and the New Zealand dollar fell back. RSI is above 50; Stoch have a positive signals, have a cross line In a up trend; The intraday trading range would be 0.6682 - 0.666842; if the price break 0.6790, can take a long bias
Although the New York Fed explained Williams’ speech, the market’s expectation that the Fed will cut interest rates by 50 basis points at the end of the month is still be happen, putting the dollar under pressure; The Australian dollar broke through as the dollar weakened. RSI and Stoch seem overbought and the price maybe reach resistance area; AUDUSD today...
US stocks fell as the US dollar fell yesterday and the yen strengthened. US dollar drop sharped, break support and retest it. The good edge in 1 hour is the price retesting the previous support; stoch reached overbought level ; RSI below 50 The Expect trading range fluctuate between 107.450 and 108.150 today. The US and Japan fell below the 107.800...
The US dollar fell due to poor housing starts and construction permit data, superimposed on the decline in US stocks, gold rose sharply. RSI seen reject the 50, and the stoch reached a oversold level Gold rebounded at the 1400 mark and rose sharply. The short-term trend is on the rise. The intraday trading suggests that the dips will be long near 1420,and...
USDCHF reached support and gain yesterday, the US data show good yesterday and let USD strength; Our stoch show overbought and reached a resistance area, showing rejection, shooting star form at resistance The expected trading range is 0.9800- 0.9980
Pound Sterling fell sharply Yesterday due to concerns over the absence of a Brexit and the strength of the US dollar. Pound US today's fluctuation range is 1.23450-1.24650. In a strong downtrend, stoch showing a over bought signals in a strong down trend which is a great edge, and just reach 20ema at 1 hr chart Need to attention later News : CPI The...
Australia and the US today's fluctuation range of 0.70000-0.70750. The trend conversion bit is 0.70250. The Australian dollar remained strong on Monday due to better-than-expected GDP in China in the second quarter.Aussie continued upward movement yesterday, but the upside momentum has weakened in 1 hour, RSI seem has reached overbought signals, stoch have...
The expect trading range is between 107.450 and 108.300 today. The dollar weakened and the yen continued to strengthen. The USDJPY fell sharply on Friday, and the short-term trend was bearish. The intraday trading suggested shorting in the 108.050-108.300 range and the target was near the 107.550 support.
USD JPY possible forming a Head and shoulder pattern at the June In 4 hr chart - head and shoulder form - Strong RSI == waiting for the retest of neckline
The trade I took yesterday - double bottom showing at the uptrend - RSI below that 50 and not too much strength - resistance area == Short
USD JPY - in a down trend - head and shoulder form If price break over 108.50 - 108.65 The trend would possible reversal
NZD USD 4 hr chart - Price still in a downtrend in the downtrend channel since Mar 22 - Price now has break new low wait for the pullback to 20EMA or close the trend line == Wait to SHORT