EURAUD buy now - SL and TP in chart - and LIKE Based on our technical analysis, we're recommending a buy position for traders
GBPAUD buy now - SL and TP in chart - and LIKE GBPAUD made a false break of the upward channel resistance last week.
EUR/JPY - This is the forex quote for the Euro vs. Japanese Yen exchange rate. EUR (the 'base currency') is quoted in terms of JPY (the 'counter currency'). The Yen is a historically low-yielding currency, making an attractive vehicle to fund carry trades (where traders borrow cheaply in JPY to buy higher-yielding currencies, including EUR. Investors tend to...
The GBPJPY pair resumed forming bullish waves by touching the target at 166.60 due to the continuous positive pressures caused by the major indicators that provide the positive momentum, and the stability of the additional support 164.70. We expect to renew the bullish attempts to target 167.20 level, while surpassing this obstacle will confirm moving to the...
The NZD/USD pair shows the value of the New Zealand Dollar against the US Dollar; telling traders how many USD are needed to buy a NZD. The US Dollar is the most traded currency in the world while the NZD is consistently listed in the top ten, according to the Bank of International Settlements (2016). Get live updates on the NZD/USD rate with the chart and boost...
GBP/JPY (British Pound - Japanese Yen) is the forex ticker that tells traders how many Japanese Yen are needed to buy a British Pound. The Pound is the fourth most traded currency in the world, while the Japanese Yen is third, according to the Bank for International Settlements (2016). Use the GBP/JPY chart to follow its live rate and to assist your technical...
Commenting on the Bank of Japan’s (BoJ) policy outlook under the new Governorship this Monday, Japanese Cabinet Secretary Hirokazu Matsuno noted that “I expect the Bank of Japan will implement appropriate monetary policy in collaboration with the government.” Further, when asked about China's military drills around Taiwan, Matsuno said that “we are keeping a...
As idle cash looks to find a strong and secure yield, it is no wonder that the New Zealand Dollar has benefited from the current Euro-Zone crisis. Pairs such as the Australian Dollar and New Zealand Dollar are often viewed as a proxy for Chinese growth and thus have performed well against the Euro in recent years. Although Chinese growth may become a cause for...
NZD/USD stumbles below the 200-day Exponential Moving Average (EMA) due to a risk aversion as the United States (US) labor market data crumble, sparking recessionary fears. Therefore, investors seeking safety in the FX space bought the US Dollar (USD). At the time of writing, the NZD/USD is exchanging hands at 0.6255., down almost 1%.
GBPNZD - H1 - Buy - TP = 1.92400 Hello Traders, Welcome to this analysis, we are looking at the GBPNZD, the 1-hour timeframe. My trading strategy is based on simplicity.
GBPAUD - H1 - Buy - TP 1.85400 Hello Traders, Welcome to this analysis, we are looking at the GBPAUD , the 1-hour timeframe. My trading strategy is based on simplicity.
GBPUSD - H1 - Buy TP = 1.39150 SL = 1.38250 Long positions above 1.3830 with targets at 1.3890 & 1.3920 in extension. The RSI shows upside momentum. Like and Follow!
GBPCHF - H1 - Buy TP = 1.27200 SL = 1.25900 Daily is... The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 1.2608 and 1.2642). Please like and follow
GBPCAD - H1 - Buy TP = 1.75400 SL = 1.73600 The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 1.7425 and 1.7409). Please Like and Follow
BTCUSDT - H1 - Sell TP = 47000.00 SL = 50900.00 Bitcoin (BTC) capitalized on fresh strength of its own on September 3rd, rallying to highs of $51,064. Bulls ran a rampage across the cryptocurrency market as most Altcoins sustained their earlier rally. For instance, the second-largest cryptocurrency, Ethereum (ETH) returned past $4,000 on Sept. 3 for the first...
CADJPY - H4 - Buy TP = 87.900 SL = 85.900 The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (87.18) but under its 50 period moving average (87.87).
AUDUSD - 15M - Buy Long positions above 0.7340 with targets at 0.7385 & 0.7410 in extension.
AUDJPY - 15M - Buy TP = 81.450 SL = 80.650 The RSI is above 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price is above its 20 and 50 period moving average (respectively at 81.01 and 80.97).