Both timeframe (Weekly and Daily) indicators (RSI and Stochastics) are showing overbuying conditions. In addition, the rising stars in the daily timeframe, indicated that it's time to go short for a while. Setup a good entry order using lower timeframe (hourly) recommended. Trade safe, JP
according to RSI & stoch, you can go long and expect at least to reach the fist yellow resistance with a very short SL (around 20 pips) Trade safe JP
The analysis on 1h, daily and weekly confirm that it's time to go short. Wait the breakline on the 1h timeframe to enter with SL above 1.3050 according to Fibonacci, take profits are at follow : TP1 : 1.2930 TP2 : 1.2851 TP3 : 1.2737 Trade safe, JP
Both the daily, and 15mn charts agreed on the end of the bullish trend, moreover; the Stock and RSI (hidden divergence on daily timeframe) confirm the Weekly tendance, it's time to go short. SL slightly above 1.1785 with the following two first targets : TP1 : 1.1730 TP2 : 1.1620 Trade safe JP
Dear All, The signal have been validated to go long on GBP/USD. Target now is 1.6495 and then to the 138% fibonacci retracement. SL below 1.6495 Trade safe, JP
Dear All, A good and safe trade on the GBP/CAD, wait for the crossing of 1.6495 (entry below around 1.6485) with target at 1.6278 SL above 1.6495 As always, trade safe. Regards, JP
Dear All, Watch out the resistance level at 109.885 and be prepare to go long with target at fibonacci 111.634 with stop lost below 109.885 Wait for the Japanese candle at 109.885 to validate your entry. Trade safe, JP
Dear All, Now the USOIL will reach the target based on Fibonacci extensions. As soon as the read resistance is validate, you can go short for hundred of pips !! So stay tune and trade safe, Regards JP
Dear All, Here a short possibility for EUR/USD entry at 1.1720 TP 20 SL 15 or Aim for a longer trade with target around 1.1620 As always, trade safe Regards, JP
Dear All, the XAU/USD is now coming to a no trade zone (red area) between 1250.8 and 1261.72 We should now today or latest beginning of next week if the signal is rejected or cross the zone. Be ready for some nice profits according to the strong supports and resistances : 1205 & 1296 Trade safe and wait for signal outside the mention area before entering into...
Dear All, The EUR/USD currency is since Feb 2017 in a uptrend channel. Last week, the currency hit the border of the channel for the 4th time with always around 400 pips higher than the previous hit ! What to expect, the USD currency is on the downtrend channel, and no indication of a change is foreseen. I advise you to go short now until the signal reached...
Dear all, USOIL is on a down trend channel since March, and it's seems that the borders are quite strong (even with the small break in the end of May) I would advise you to go short now and aiming for a good profit down to the support at 42.3 If breakout outside the channel, and or above 47.20, the signal need to be invalidate. Trade safe, JP
Dear All, this resistance is now holding since 2015, except 2 shorts breakouts. EUR/USD is now testing it again since the 29th of June. You should be patient and wait for a signal to come long or short. This week will be interesting to follow, cause we will get the answer probably. If the EUR/USD drops, the 1.1130 target can be expected.