DAX Daily Update – May 18th – All Efforts To Nothing
We can feel sorry for German bulls, because on Tuesday they were disappointed again. On Monday there was no DAX session and bulls over...
Price Action Daily Setups – USDJPY, GBPCHF, AUDJPY – May 17th
AUDJPY
Par rebounds from resistance and still cannot decline strongly. Trend is downward, so if any selling signal occurs, we will consider short positions. Currently...
Ichimoku Kinko Hyo – EURJPY, USDJPY – May 16th
EURJPY
Interesting situation on EURJPY. On Friday after decrease below Tenkan-sen 123.06 sell signal was generated on D1 chart. Today chart came back to (3/8)...
GBPUSD correction has finished
Last Friday there was an attempt of broke important support at 1.4400. At the beginning it looked like success of the supply, but 60...
AUDUSD above support – at the lowest level since March
Huge selloff has been continuing for more than 2 months. During this time there wasn't any correction. This trend may be changed at current...
Trading For Beginners – GBPCAD – Above Support
Decreases which started in January slowed down now and reached support at 1.8110. The rebound led price above resistance at 1.8500 which now turned...
Al Brooks Price Action: Emini weekly update
Monthly S&P500 Emini futures candlestick chart: Might trigger sell signal
The monthly S&P500 Emini futures candlestick chart still has not triggered the short by falling...
Price Action Daily Setups – AUDUSD, GBPCAD, USDCAD – May 16th
AUDUSD
AUDUSD falls since mid-April, however it still should be treated as a corrective move of broader increases. Thus we look for long opportunities –...
USDJPY in upside triangle formation
Pair is cosolidating around 109.00 level for three days in a row. Everything is taking place between two Fibonacci retracements at 109.44 and 108.70...
EURJPY – decline at the Fibonacci level of 61,8%
At the beginning of this week Japanese BoJ minuts from the March meeting were published and impacted bullishly EURJPY. Just on Monday local high...