investsoft

investsoft

USDJPY now is back to the bottom edge of range where now is resistance. This is sell opportunity for the conservative traders which are waiting for a pullback after the breakout.

investsoft

USDJPY break out down of range where price stayed since end of semptember. As we told earlier, this should be correction of previous growth and price should go to support zone at 110.60-111.00. Aggresive traders could sell with a small stop loss. Conservative trades could wait for a pullback to the broken zone.

investsoft

USDJPY sill stay in range 112.25 -113.25 since 27 september. In friday at NFP publications we have false breakout but price quick back to the range. Daily friday pinbar could suggest quick breakout lower, but today session doesn't give us conclusion. Still waiting for breakout.

investsoft

GBPUSD has not hit trendline and turned up just before this. It looks like GBPUSD has found support line on the old resistance level at 1.3030. GBPUSD is still in uptrend so we are opening buy trade.

investsoft

Despite a large drop on GBPUSD it is still over trendline from march 2017. Price has defeated our support zone without any potential buy signal but Now price is coming to this trendline where we will be waiting for a good buy opportunity.

investsoft

USDJPY is growing from the begining of september without larger correction. In the last days growth rate has decreased and USDJPY stay in local range 112.20-113.20. Today price break out up but it fast back to the range and now price drawing pinbar. All looks like price finally will breakout down, will make correction to support zone 110.70-111.00 and than will go...

investsoft Updated 

GBPJPY broke support level at 150.00-150.20 at yesterday trading session. Now it's back to the broken level which is current resistance zone where is the good opportunity to sell. After test this zone price should go lower. First target is near 148.30 where are the peaks from december 2016 and may 2017.

investsoft

EURUSD is testing support level at 1.17 again. There are two theories about strong of support or resistance. One tells that more tests of level means stronger level, other tells that each next test of level make this level more weak. We don't know what will happen in this case but looking at the lower highs we could expect to break out lower.

investsoft

GBPUSD is in uptrend for a few month. After the strong up movement in the middle of september GBPUSD makes correction. It reached support area which converging with last local high created in august. We are expecting that price will go lower to the bottom of support area and there we will be finding buy opportunity accordingly to current trend.

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OIL WTI is in short-term uptrend. In the long-term it is in large range 42-55. Now price is back to the wide support zone where we will be waiting for any signals predicting to go higher. In the history at the begining of august we can see battle of supply and demand when price stay in range for a few days. We could see in this area increased demand activity.

investsoft

It seems like the EURUSD is still respecing support zone near 1.17000. We don't see any clear buy or sell signal so we stay with no trades. We are expecting that price will back to support zone and there we will be finding buy or sell signal.

investsoft

GBPCHF is back to the broken out support level (now resistance) on H1 and testing it now. This could be a good opportunity to sell.

investsoft

XETR:DAX after the strong up movement reached resistance zone appointed by last peak near 12900 in June. We can see that price has drawn a few candles with long upper shadow (pinbar) and engulfing bar in that time. After engulfing price started to fall to support zone near 11900-12000, where price has rebounded up and went up to the resistance without correction....

investsoft

Looking at FX:GBPCHF H1 chart, we see support at 1.29500. Considering D1 chart we are expecting to price go lower so we are waiting for breakout below support level. This scenario is forecasting also by another lower peaks. After breakout support will change to resistance. Price tends to test pierced zone, so we are expecting to back near 1.29500 and than go...

investsoft

FX:GBPCHF go out from resistance zone and still reamins in range. We are expecting to go lower. Price should go at least to the half of distance from resistance to support. With an optimistic scenario price should go down to the support zone.

investsoft

EURGBP is in big range between 0.83000 and 0.9230. We can see on historical chart that price bounced up from support line 4 times. At this moment price is in the middle where sometimes in past it stayed for a long time (for almost a month at the turn of June and July). We will be observing behavior of demand and supply on lower timeframes (H1 and H4) for signs...

investsoft

XAUUSD was in strong uptrend from July. Price was growing almost 2 months with short stop at resistance line near at 1295-1300. A lot of traders was expecting than price fall into 1220 level and XAUUSD stay in cosolidation. Price finally broke resistance and went into 1360 where supply dominated. Price went back to support at 1300 where we can observe attempt...

investsoft

EURUSD is in uptrend since April 17'. Now we are seeing correction to support zone near 1.17000. This support zone was appointed in august where we can see a lot of candles with bottom shadows. There was a place where buyers were took the initiative. At the end of august and in september EURUSD was in consolidation ended with decline. Candles with upper shadows...