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...
Price Action Setups Daily – GBP/JPY, USD/CAD, USD/JPY – August 6th
GBP/JPY
Currency pair broke above resistance, which should act now as a support. The next resistance is not far away from the previous one, but...
USD/JPY (H4): Important resistance broken
USD/JPY (H4): Important resistance broken
Forecast: USD/JPY broke above important resistance (124.50) – targeting 125.80
Alternative Scenario: Moving back below 124.50 (current support)
Comments: 124.50 capped further...
AUD/JPY (H4): Selling signal
AUD/JPY (H4): Selling signal
Forecast: Pin bar near 92.30 resistance forecasts decreases
Alternative scenario: Moving above current highs
Comments: Initial target for potential decreases can be found...
Price Action Setups Daily – EURUSD, GBPAUD, GBPUSD, USDJPY – August 5th
EUR/USD
Euro to US dollar is moving towards support and if it rebounds, purchase signal may occur. Another interesting scenario however, will be breakout of...
DAX Market Update – Tuesday Summary
Tuesday session was not successful for the US stock indices, which however, has not affected the German DAX. While the main index ended the...
NZD/JPY (H4): In the direction of a support
NZD/JPY (H4): In the direction of a support
Forecast: Targeting the consolidation lower limit at 80.60 and rebounding
Alternative Scenario: Moving below current support (July lows)
Comments:...
GBP/AUD (H4): Fall of important support
GBP/AUD (H4): Fall of important support
Forecast: Corrective reaction targeting 2.12 (previous support)
Alternative scenario: Moving lower to next support level (2.0880)
Comments: GBP/AUD broke below long-term...
Price Action Setups Daily – AUDNZD, EURUAD, EURJPY, GBPUSD – August 4th
AUD/NZD
Downward correction closed the position on SL. It is worth noting, that the signal that appeared a little bit later also ended the same...