EURUSD (D1) The price will fall after two bearish formations?
Double Top at 1.121 EURUSD and broken growth channel.
The second formation is Evening Star (blue color on chart). Target Falls: 1.082
Alternative Scenario: Moving back...
EUR/JPY (H4): Retesting of support zone
EUR/JPY (H4): Retesting of support zone
Forecast: Moving higher after testing new support at 138.00
Alternative Scenario: Getting lower to area near 137.00
Comments: Price is probably...
GBP/USD (H4): Side trend
GBP/USD (H4): Side trend
Forecast: Reaching resistance at 1.5670 and getting lower
Alternative scenario: Breaking resistance at 1.5670 and going further
Comments: We saw reaction of bears...
Price Action Setups Daily – EUR/AUD, GBP/CHF, USD/CHF– August 14th
The next week I will not publish Price Action analysis – due to my summer holidays. For today we have three currency pairs: EUR/AUD,...
DAX Market Update – Thursday Summary
On Thursday, DAX began daily trading from bullish gap, which was closed fairly quick. The idea for a quick rebound did not come as...
GBP/USD (H4): Increases after correction
GBP/USD (H4): Increases after correction
Forecast: Targeting 1.5670 – consolidation upper limit
Alternative Scenario: Breaking below current short-term channel
Comments: Yesterday we saw a small correction and...
USD/JPY (H4): The price will fall?
USD/JPY (H4): The price will fall?
Forecast: Rebounding from 124.50 resistance (previous support)
Alternative scenario: Moving back inside bullish channel
Comments: USD/JPY moves lately in strong downward...
Price Action Setups Daily – EUR/AUD, AUD/JPY, GBP/CHF – August 13th
AUD/JPY
Australian dollar to Japanese yen at H4 chart formed an Outside Bar formation, which looks really interesting. I put sell limit order at 50%...
DAX Market Update – Wednesday Summary
A lot happened over the last two days on DAX. If you did not take a short position quickly, the momentum of the decline...
GBP/JPY (H4): Moving back below resistance
GBP/JPY (H4): Moving back below resistance
Forecast: Candles with long lower wicks indicates upward impulse towards 195.20 resistance
Alternative Scenario: Moving back to the channel downward...