THIS PAIR LAST WEEK GAVE A NICE PROFIT TO THE UPSIDE, BUT THE PRICE HAS FAILED TO CONVINCE US TO REMAIN BULLISH. wE HAVE KEY RECENT PRICE POINT IN THIS PAIR THAT WE INTERESTED IN TRADING BEFORE FOMC AND AFTER. 121.97 IS A STRUCTURE THAT HAS BEEN BREACHED BELOW TWICE; WHICH IS A STRONG INDICATION THAT PRICES ARE HEADING LOWER. 120.77 IS SELL POINT CREATED BY THE...
WE ARE ALREADY SHORT THIS PAIR FROM FRIDAY AND WE REMAIN BEARISH. A BREAK OF 0.7198 WILL PAVE WAY FOR SLIDES TOWARDS THE 7025 TRIANGLE TARGET. GLT FOLLOW US ON TWITTER @CHARTS_247 FOR MORE UPDATES
After we closed our short position in this pair yesterday, we have been watching the price action for a continuation or turnaround. Now we think we have the latter. We have a long entry from 118.75 Stop Loss: 118.62 Target:119.63
The pair have resumed the primary trend and we are long from 1.5741 This price point is the structure printed on the 7the October. First green arrow show the structure re-entry which is always a very important signal if sustained. Subsequently we saw price traded above the previous high 1.57608. We have another long entry at 1.58219. Stop loss: 1.56630 Target 1:...
According to our analysis on this pair, we have booked full profit and expecting price to bounce off this level 119.20. The level 119.20 is is very important (See 4hr and Daily) We will wait for decision to be made before we follow. GLT Follow us on twitter @charts_247 for more updates
The price have lost momentum to trade higher, we are short the pair from this level 1.1380. We expect price to continue the slide towards 1.1293 before another push to the upside. Stop Loss is placed @ 1.1395 Target @ 1.1293 GLT For more info and updates follow us on twitter @charts_247
We are entering a short trade from this level 120.24. Friday price action at a significant point;suggests we might see another round of selloff in the pair. The low 119.62 is a signal for us that price will likely trade back to that region before attempting the high at 120.55. Small Stop is used : 120.45 Target 1: 119.76 Target 2: 119.20 GLT For more updates...
This pair is in sideways formation, but note the sideways is not a bearish one. The pair is printing Higher Lows within a sideways pattern, can it be a fake? or Real? A breakout should confirm this. GLT NOTE: Sometimes the best trade is not to trade. We will update when a clear signal is formed. Follow us on Twitter @Charts_247
We are long on this pair as we have a very low risk trade here. The trend is intact and price action is inviting. Key levels are highlighted with horizontal lines. Stop Loss:1.5899 Target: 1.6180 GLT Follow us on twitter @Charts_247
This pair for the past few weeks have been bouncing from different key levels. According to our analysis, we are still bullish on EURUSD and we will continue to buy the pair as long as the low (1.110) is not broken. Technically the jump till 1.1712 last month cannot be overlooked. 1.110 is the stop for this trade. We target 1.1320 first and a break will open the...
Only a break above 1.1290 will pave way for a sustained rally that will eventually give us the long awaited retest of last month high. Only go short below 1.1103 Trade with care! Follow us on twitter @charts_247
Our preference for this trade setup is short! The break out of the 1st pattern 0.9408 contributed a very nice selloff to 0.91513. We have now seen price once again in this area of interest, another important criteria is the presence of 200SMA on the scene. Traders will always do the same thing everytime, in this case We are going short at the break of 0.94080....
After pulling back from 1.1360 area, today we have seen a very nice price action in this pair. Our long bias is still intact and we have placed another long entry just above 1.1290. This move should break the 1.1360 and 1.1420. GLT Follow us on twitter @charts_247 for more info and updates
WHAT WE CAN SEE IN USDJPY IS A SIGN OF STRONG RECOVERY. THE GREEN RECTANGLE BREAKOUT ON 08/SEP/2015 WITH THAT BIG 4HR CANDLE IS AN INDICATION. NOW TODAY WE HAVE SEEN FIRST RETEST OF THIS BREAKOUT ZONE, WE EXPECT ANOTHER RETEST FOR TOMORROW WHICH SHOULD FAIL TO MAKE A NEW LOW JUST ABOVE 119.50 AREA. HERE WE ARE ANTICIPATING A LONG TRADE THAT WILL EVENTUALLY BREAK...
As I posted last friday, we are ready to buy dips in this pair. Euro has made a significant attempt to trade to the upside. This is a 15mins candle gift setup. not valid below1.1308 GLT
Eurusd since Wednesday have shown signs of recovery. Yet people are still trying to sell. Long every dips above 1.1188. GLT Trade with care today is friday!
We remain long here according to our last analysis on this pair; We continue to buy dips. Our stop is moved to 1.1265. GLT For more infor and updates follow us on twitter @charts_247
The price in this pair is below the structural point again 120.38. Several attempts was made to break and stay above this level, but to no avail. We have initiated a short from 120.38 targeting the 118.87 area first. SHORT: 120.38 STOP:121.20 TI: 118.87 T2: 117.76 GLT For more info and updates follow us on twitter @charts_247