GBPAUD - Trendline is holding, closed in a beairsh hammer indicating sellers are present. The MA is acting as a strong resistance on the weekly timeframe
The strong dollar weakens the price of oil as it makes it more common for foreign importing countries ... What we need to look for is a very low price and the improvement of the dollar
Bitcoin has achieved a pretty good figure when it has broken trendline and resistance and has captivated many foreign investors. now the number of buyers who want to grow bitcoin has increased quite a bit ... Now we will see the breaking of the Triangle in the coming days if I can break it down we will wait for a recovery up to 5500$ and then setting it up in the...
EUR/GBP @0.86701 BUY @0.86810 TP1 @0.86442 SL
Sellers in the USDCHF remain under pressure The USDCHF last week trended higher. On Wednesday, the price extended above a topside channel trend line (and above a swng area going back as far as Feb 14). It has remained above those levels. The trend line is currently at 1.01208 and moving higher. It is near the swing high from March 7 at 1.01234. Stay above that...
EURGBP is currently standing in a stabilizing zone this maybe even because this pair has not had much influence from today's news so we'll see the following days how will I get this couple and will I break the FIF area 0.618 (0.8630) if it breaks we have a strong pick of the sellers
Bearish Flag Form on AUDUSD H1 Sell from 0.71565. Target 0.71400
GBP/AUD Forecast: Sterling Could Rise on a Cross-Party Brexit Consensus Tomorrow will see Australian and UK banks closed for the Good Friday bank holiday. UK’s Brexit developments are likely to be few and far between, with many MPs temporarily inactive over the holiday period. However cross-party between Labour and the Conservatives are set to go on, but hopes...
The British pound fell during the week against the Japanese yen, reaching down towards the ¥145 level that extends support to the market. That support runs all the way down to the ¥144 level, so at this point it’s difficult to imagine a scenario where I would be a seller, at least not until we break below the ¥144 level. In fact, when you look at the chart, you...
The British pound has found a bit of support on Friday, but quite frankly this is an area that the traders out there will be paying attention to. If we break down below the 1.2950 level, then the market could very well reach towards the 1.28 level underneath. That is essentially the 100% Fibonacci retracement level, so it would make sense that most traders will be...
FX traders were casting a wandering eye ahead toward a long holiday weekend Thursday morning but the US retail-sales report pulled their attention back to their monitors. After a disappointing -0.2% m/m reading in February, US retail sales surged 1.6% in March, with core sales (ex-automobile purchases) also coming in strong at 1.2% m/m. The stellar reading on the...
History and Application This parabolic curve pattern was first observed in the markets over 50 years ago and was misnamed a parabolic trend. Then, observing a parabolic curve pattern on the charts was a rarity. With increased market participation in forex, with the added propensity to have increased buying and selling pressure on a currency pair by an increased...
THIS TRENDLINE IS NOT BREAK FROM BUYER WHERE TRENDLINE BREAK FROM BUYER IS 100% SAFE FOR GOING STRONG BULLISH BUT FOR MOMENT IS IN CONTROL FROM SELLER AND WE WAIT SIGANL FOR RECOVERY We do not know yet for sniper entry but we will see the news further as 1D has not yet confirmed a buyer's control
FX:USDJPY So far we are in an unstable result where buyers and sellers are struggling in a fairly cold zone for getting control. But it's pretty good that sellers are in control of the situation after they have approached the trendline area in the 1 day chart and now should look in the next few days how the situation will be.
EURUSD H4 Update - Currently sat on our H4 channel resistance, ideally need to break through this to continue to the upside for a push through our supply zone. May consider taking profit for +27 if we struggle to break this level.
USD/JPY is coming with sell downtren fast with 700Pips + ...
Aaand the losing streak is over! Thanks to a decent signal from EUR/USD, the HLHB is back to black this week. Phew! Before we get to the numbers, read all about my HLHB Trend Catcher System if this is your first time hearing about it! Basically, I’m catching trends whenever the 5 EMA crosses above or below the 10 EMA. A trade is only valid if RSI crosses above...