fx

A new trend has emerged with a breakout and retest from the previous downtrend line signalling a new change in trend for the short term. Expect the price to continue with its Higher High- Higher Low trend support!

Euro-US Dollar contracts are presently at a make or break level, forming a scallop in a downtrend, Whether they will continue the downtrend or, reverse and breakout the linear resistance to complete the Rounding Bottom with an implied target of 1.18 from the present 1.14 (It is presently forming a flag with some conslidation near the resistance) It has been...

Prices could retrace all the way back to 130 levels as resistance is not being able to be broken on the short timeframe.

Breakdown From UpTrend line. Short Entry :- 0.70200 Stop Loss :- 0.71277 Target :- 0.68782

USD seems to have bottomed out with clear recovery and short term bullishness.

It is a beautiful range sandwiched between Pivot Points. It will be a simple point of trying to short. << tactics >> 1) When MPP (P) 0.68568 functions as a resistance line, consider a short entry. The first limit is WePP (P) 0.67879 The second limit is WePP (S1) 0.67351 2) If you penetrate MPP (P) upwards, wait for a long entry opportunity. Please note that...

It ranges from MPP to YPP since last month. If it is assumed that the moon starts moving since the moon has changed, it will be the flow that aims at shorting from here again. << tactics >> 1) Consider a short entry when MPP (P) functions as a resistance line. The first limit is WePP (P) 0.73924 The second limit is WePP (S1) 0.73423 WePP will be updated on...

If YPP (P) 1.08720 functions as a support line, think long. The first limit is WePP (R1) 1.09559 The second limit is 1.10000 I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points (MPP in the...

When MPP (P) functions as a resistance line, consider long entry. First limit: WePP (P) 0.99610 Second limit: 1.00000 Third limit: 1.00400 I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly Pivot Points (YPP in the text) Light blue thick line: Monthly Pivot Points...

We can see from weekly that volatility became apparently small since 2017. weekly 140.000 - 155.000 Both of the upper and lower of the range are blank. Therefore, if you go outside one of the upper and lower ranges, it may be possible to expect volatility to recover. Since it is the most recent range, I will aim for...

<< tactics >> If YPP (S1) functions as a support line, think of a long. The first limit is WePP (P) 0.6800 The second limit is WePP (R1) 0.68411 Since it is a weekend, be careful that WePP will update on Monday. I would be grateful if you like it idea,give me follow or agrees! ------------------------- -------------------------- Brown thick line: Yearly...

Unlike AUD, it is NZDUSD which is completely invisible to down trend when looking at the weekly stick. weekly The current position is a difficult place to hit the YPP (S1) and the trend line. Because it is a range market, I'd like to think about long at the bottom of the range. However, as far as EMA is seen, the...

The rise of audusd temporarily ceased due to MPP (P) 0.74689 and WePP (R1) 0.74786. If it invert from here and attack YPP (S1) 0.72900, expectations for downtrend increase. However, the penetration to YPP (S1) remains as difficult as the previous idea. Most recently I will consider transactions with a story aiming for YPP (S1) attack. <> 1) MPP (P) 0.74689 and...

Over time, eurjpy was pushed up from the area of YPP (P) 128.637 and MPP (P) 128.786. It will be stopped around 130.000 and the next week will be come. Weekly Chart 130.000 is not only a round number but also a head & shoulders neckline, so it seems that there are many conscious traders. (Also worried that for MA users...

On June 28, gbpusd attempted to attack MPP (S1) 1.30760 and YPP (P) 1.30508 last month and pushed back cleanly. It is currently stopped at MPP (P) 1.32437 this month which was made in July. << notes >> Last month's MPP On the weekly chart, it can not be said whether the up trend of last year is breathing back or aiming at...

I think that it is difficult in the short term. Because there are MPP (S1) 1.15111 and YPP (P) 1.14786 near 1.15000. Although We can see a state of attacking 1.15000 in May and June, it was impossible to touch. It seems that the barrier is still thick. However, it is a position that can not be denied that there is a possibility of going down under 1.05000 by...

Last month It ran a range between MPP (P) 109.442 and MPP (R1) 110.769. Location of MPP of last month In July, the resistance of the MPP (R1) last month went out and price ran up like a racehorse who confirmed the gate opened. However, although it is commonplace, that alone is not a strong trading reason. There is a...

It have temporarily updated the latest low of 0.74126 this week. Recently, the resistance line works smoothly and it goes down one step, so if you go as it is, it will be the trend price since 2015. Weekly chart There are four lines that become the barrier. (There are many) 1) MPP (S2) 0.73356 2) YPP (S1) 0.72900 3) MPP...