Overall, EUR/USD is trending downwards. Recently, EUR/USD traded into the support zone of 1.10000. The European Central Bank (ECB) held its monetary policy unchanged during its meeting yesterday. The central bank sent out a hawkish tone when it announced that it will speed up its QE tapering if the eurozone economic data warrants it to do so, potentially ending...
EURGBP pair formed a H&S, We wait for the retest at the nearest demand area and continue the uptrend..
An daily breakout is made at strong support and going more down. Use proper risk management and enter wisely !Happy trading
Market is testing trendline 3 times and a good inverted hammer like candle is formed at trendline. Use proper risk management and enter wisely !Happy trading
After a strongest break in, market is now bullish. Again use proper risk management and enter wisely !Happy trading
Overall, GBP/USD is trending downwards. Recently, GBP/USD broke below the key level of 1.33. Currently, GBP/USD is testing the support zone of 1.32200 and the next resistance zone is at 1.33800. Look for short-term selling opportunities of GBP/USD if it breaks the support zone of 1.32200.
Overall, USD/CAD is ranging across. Recently, USD/CAD broke above the key level of 1.27. USD/CAD’s next support zone is at 1.26100 and its next resistance zone is at 1.29200. Look for short-term selling opportunities of USD/CAD.
Overall, EUR/JPY is trending downwards. Recently, EUR/JPY broke the support zone of 127.500. The eurozone retail sales date (Actual:0.2%, Forecast: 1.5%, Previous: -3.0%) released last Friday indicated a slowdown in consumer spending in January Currently, EUR/JPY is testing the support zone of 125.000 and the next resistance zone is at 127.500. Look for...
Overall, AUD/USD is trending upwards. Recently, AUD/USD broke the resistance zone of 0.73000. The Australian Building Approvals m/m data (Actual: 1.8%, Forecast: -2.9%, Previous: 8.2%) released last Friday indicated that consumer spending continues to increase at the same rate during February. Currently, AUD/USD is trading up towards the key level of 0.74. Its...
Overall, USD/JPY is ranging across. Recently, USD/JPY broke below the key level of 115.s USD/JPY’s next support zone is at 114.200 and the next resistance zone of 116.000. Look for short-term selling opportunities of USD/JPY.
Overall, EUR/USD is ranging across. Recently, EUR/USD bounced off the resistance zone of 1.12000. The eurozone CPI flash estimate y/y data will be released later at 1800 (GMT+8). CPI Flash Estimate y/y (Forecast: 5.6%, Previous: 5.1%) Core CPI Flash Estimate y/y (Forecast: 2.6%, Previous: 2.3%) EUR/USD’s next support zone is at 1.11000 and the next resistance...
Overall, USD/CAD is ranging across. Recently, USD/CAD broke above the key level of 1.27. The Canadian GDP m/m data (Actual: 0.0%, Forecast: 0.0%, Previous: 0.6%) released yesterday indicated no change in economic growth during last December. The Bank of Canada (BoC) will be announcing their monetary policy decision later at 2300 (GMT+8). It is expected that the...
Overall, USD/JPY is ranging across. Currently, USD/JPY is bouncing up from the key level of 115. Its next support zone is at 114.200 and the next resistance zone of 116.000. Look for short-term selling opportunities of USD/JPY.
Overall, AUD/USD is trending upwards. The Australian Retail Sales m/m data (Actual: 1.8%, Forecast: TBA, Previous: -4.4%) released yesterday indicated an increase in consumer spending. The Reserve Bank of Australia (RBA) will be announcing their monetary policy decision later at 1130 (GMT+8). It is expected that the central bank will keep interest rate unchanged...
Trading Setup: There is a Trading Signal to Sell in GBPJPY Currency Pair. Traders can open their Sell Trades NOW ⬇️Sell Now 154.28or Sell on 155.31 ⭕️SL: 156.27 🔵TP1: 153.41 🔵TP2: 151.51 🔵TP3: 148.80 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands If you...
Market is reached at resistance level may go down. So use proper risk management Happy trading!
The market has touched the strongest support and greatly bounce back. Use proper risk management !Happy trading
Break of trendline is occurred use good risk management and enter wisely Happy trading!