Next is the GBP/CHF. If you take a look at it, you will see that it has been trending down for a while and has actually had a recent retracement so this could be a great sign for the continuation of the down trend. Let me show you the chart: Read more »
USD/JPY Fake-out or Break-out????
we saw the best bullish bar since that high. That bar was followed by a few baby bulls and some bearish bars with long tails. Looking at the formation as of yesterday, I thought this is looking like a long set-up if it were just to have one good bullish candle--and today, it looks like we have that candle! The question is: fake-out or break-out?? How do you know whether this will be a 500+ pip gain or a major loser? Read more »
EURJPY Possible Move
Post is written by Henry On today’s price action we can see that EURJPY pair has begin to shaping its form with it’s big move to the downside. While moving to retest it’s previous support the pair has shown that big momentum to the downside will not over soon. We can try to make some [...] Read more »
CAD/JPY – Let’s Try It Again
So I guess you can tell that I REALLY want to get long on the CAD/JPY, right? Well, here's another attempt to take advantage of this heavy duty support on the weekly chart. Read more »
Swing trade on GBP/CAD short.
Hi Fellow traders. I am looking at a Daily double test high on the Pound Canada pair. I am considering a short on it on an hourly sell bar and if you look at the hourly, you see a 5 day several hundred pip run. If we draw our fibs and look at the levels... Read more »
Aud/Usd Forex Analysis
Hello traders good morning it is time for your Daily Forex Analysis. Today I will be updating a post that Sophia wrote earlier this week Read more »
