Pro-Trading-Africa

Pro-Trading-Africa

As we can see, The AUDJPY has formed an Ascending Triangle pattern,even though this is a bullish chart pattern. Breakouts can also happen in both directions. Statistically, upward breakouts are more likely to occur, but downward ones seem to be more reliable. This analysis is based purely on Technical analysis , Fundamentally, the Australian Dollar is stronger...

Pro-Trading-Africa

Hi Guys, As we can see, the NZDCAD bounced off the top trend line on a weekly and daily chart, we expect a downtrend in a long term. Hit LIKE if you think this was useful.  Thank you.

Pro-Trading-Africa

As we can see,CHFJPY is moving in a channel 1 Hour time frame, it failed to break the top trend line, it may retest the support level before an up trend (Retesting the top trend line again) Thank you,

Pro-Trading-Africa

A head and shoulder pattern has been formed, usually we wait for a small re-test than enter the trade. I would like to know whether these analysis are useful/educational to you, if they are please hit like and share, that will confirm i should keep them coming. More great set ups coming..., Thank You.

Pro-Trading-Africa

As we can see friends, on the weekly time frame the EURUSD has been moving in a downtrend since 2008, it failed to break the trend line after 5 attempts, do you think , this time around we shall see the break out ? if it does, we have a great set up for a long term trade. Please, i would like to hear your thoughts. what you think ? Have a great day:)

Pro-Trading-Africa

This a fundamental market analysis, Gold has been falling (from 2070 to 1924),hence we see a strong USD up trend.