AUDCAD has signaled a long opportunity that could be very rewarding, a 1:2.27 risk-reward ratio, if we put enough patience and trust our analysis:
1. Since April 2019, price has been following a downtrend, with the aussie dollar showing quite a lot of weakness, due to worsening economic conditions, and heavily affected by the US-China conflict, as China is...
Since the start of september we've seen how Gold has undergone a correction after reaching maximums that it didn't touch since 2013. This strong selling that started around 1557 has been mainly due to the fact that there has been an increase in optimism in US-China trade talks, which has been heavily influencing the price of gold during the last months.
1. First...
This setup on NDJPY looks like a fantastic long opportunity worth trying to catch a great bunch of pips.
1. Over the last weeks it has been following a downtrend, due to the strength that the JPY undertook, caused by economic uncertainty, US-China conflicts, and the RBNZ even lowering further interest rates.
2. However, since the start of september, we can see...
****Quite a risky trade due to Brexit uncertainty, take half your normal lot size
GBP pairs are being quite difficult to trade over the last months, being subject to very volatile movements. However, this could be a good opportunity worth the try:
1. Using the Fibonacci retracement tool, plotting it from the previous swing high to the latest swing low, we can...
CHFJPY shorts could be soon activated. Stay patient and lets explain the upcoming opportunity:
1. We are able to observe that since september 21 2018 a downward trend has been forming, being respected at every touch. This shows us that the trend is clear, not looking for anything else rather than shorts.
2. Price managed to break the weekly resistance, retesting...
