After reaching $1.40 levels, GBPUSD shows some respect with oversold signals. we can see some upward correction from here. Trade: Buy @ 1.4004 TP1 1.4090 TP2 1.4140 SL 1.3960 Regards, Tarek Esawy
After reaching $0.7190 levels, NZSUSD shows some respect with oversold signals. we can see some upward correction from here. Trade: Buy @ 0.7195 TP1 0.7240 TP2 0.73 SL 0.7145 Regards, Tarek Esawy
EYRGBP failed to hold above significant support level at 0.8685 and continued to trade lower to confirm a bearish outlook towards 0.8530 levels
Swing failure is noted after breaking support level at 152.80 Trade: Sell GBPJPY at 152.34 TP1 at 150.80 TP2 at 149 SL above 153.30
After clearing resistance levels at 77.70 levels, NZDJPY continued its uptrend with a successful retest at 78.50 levels. I expect the bullish move will continue towards 79.60 and 80.50 levels. a buy trade could be established here with SL at 78.20 Check our previous trade on NZDJPY from the link below
USDCHF is now testing the top of rising channel which could bring sellers to the game. RSI also shows overbought signals. Trade: Sell USDCHF at 0.9688 TP1 at 0.9645 TP2 at 0.9590 SL at 0.9720
AUDNZD could find good support at medium term trendline which will bring buyers here. we will buy from here. TP1 @ 1.0650 TP2 @ 1.0760 SL @ 1.0460
we can see that XAUUSD can't hold above $1350 as we can see bearish candles below that level. Trade: Sell at 1342, TP1 at 1334, TP2 at 1321, SL at 1351
after reaching resistance level near 12600, DAX30 failed to break above the mentioned as overbought signals could bring selling force in place. Trade: SELL DAX30 at 12575-12580 TP1 at 12450 TP2 at 12180 SL at 12670
NZDUSD breaks 0.7350 support level, look like a short term top is formed here. we wiil the pair near 0.7340 targeting 0.7245 and with a stop loss around 0.7425
Twitter is holding well above trendl ine, we can buy here with take profit levels at 30.70 and 32 levels and a stop loss below 30.60
Since March 2018, INTC failed to break above $53.30 levels to form a triple top which could bring sellers to the game, you can note the gradual decrease in trade volume as well which support our bearish view for the stock. Sell Trade could be entered at 52.10 TP1 50.50 TP2 47.60 SL will be a daily close above 53.30 levels
Trade idea: Buy@ 1.2335 TP1 @ 1.2390 TP2 @ 1.2410 SL @ 1.2290
EURJPY going solid in a bullish channel suggesting further upside moves towards 133.60 levels
Long trade on XLM after rebounding from critical support level at 0.17, trend line breakout could target 0.27-0.32 targets
The digital currency reaches to significant trend line support level at $13 and proves stability. Long trade setup could be established here with 17.00 and 22.00 as targets and tight stop loss below 12.90 levels.
GBPJPY successful retest of trendline may support further gains in the upside directio, so we can buy it here at 151.60 TP1 @ 152.10 Tp2@153.00 SL @ 150.75
After forming bearish head and shoulders pattern, USDCAD clears the neckline to the downside targets. one of the basic characteristics of Head and shoulder pattern is the ease of spotting targets as you can calculate expected targets by measuring the price range between the head and the neckline. As spotted here on the above chart, it's clear that the measured...