Ichimoku Kinko Hyo – Strategy Description
To obtain the best effect, try to use both types of signal. Number of investment opportunities would reduce, but signals are much more accurate....
Price Action Setups Daily – EUR/JPY, AUD/JPY, GBP/AUD– August 12th
AUD/JPY
Australian dollar to Japanese yen decisively rebounded from resistance. Since longer period of time I mention about that possibility in my analysis, however this...
DAX Market Update – Tuesday Summary
PBOC decided to devaluate its own currency and to lower the reference rate against the dollar by 1.9% - compared to the previous day....
EUR/GBP (H4): In the resistance direction
EUR/GBP (H4): In the resistance direction
Forecast: Moving towards 0.7160 (previous high)
Alternative Scenario: Moving back below downtrend line
Comments: Buyers after breaking above previous resistances are...
EUR/JPY (H4): Demand getting stronger
EUR/JPY (H4): Demand getting stronger
Forecast: Retesting 138.00 resistance (now support) from the top and looking for further gains (main target at 140.60)
Alternative scenario: Moving...
Price Action Setups Daily – EUR/JPY, GBP/AUD, GBP/CAD – August 11th
EUR/JPY
Cross pair entered resistance zone, but we should take into account that yesterday’s daily close was the highest since June and may forecast higher...
GBP/USD (H4): Cable in a consolidation
GBP/USD (H4): Cable in a consolidation
Forecast: Rebounding from local support zone near 1.5550 – look for buy signal there
Alternative Scenario: Moving back to consolidation...
EUR/AUD (H4): Double bottom ending the correction
EUR/AUD (H4): Double bottom ending the correction
Forecast: It is worth to look for purchase signals in the support zone 1.4900-1.4920
Alternative scenario: Moving back below...
DAX Market Update – Wednesday Summary
Since the beginning of Wednesday’s session on the German Stock Exchange, bulls were in control and have not given the field even for a...
Ichimoku Kinko Hyo – GBP/USD, GBP/JPY, GBP/AUD – August 6th
GBP/USD
GBP/USD since longer period of time stays inside tight trading range between 1.5500-1.5650. However today’s session may become a “Cable Day” due to Super...