You don't understand a specific financial term ? Visit our Forex glossary
Page 53 of 57 FirstFirst ... 3435152535455 ... LastLast
Results 521 to 530 of 568
Like Tree4Likes

Thread: Fbs

  1. #521
    pedagoreng is offline Senior Member
    Join Date
    Aug 2014
    Posts
    558

    Default



    Trade ideas

    SELL 1.3325; TP 1.3285; SL 1.3340

    BUY 1.3370; SL 1.3400; SL 1.3355

    USD/CAD is another pair that has the potential to make significant moves in the near term. Last week the pair broke below the uptrend support line from the start of 2018. It now provides resistance together with the 100-day MA at 1.3350.

    read more

  2. #522
    pedagoreng is offline Senior Member
    Join Date
    Aug 2014
    Posts
    558

    Default


    On H4 of NZD/JPY, the pair rebounded from the low at 70.43 and moved up. Up to now, it has been trading near an important level of 70.68. If the pair sticks above it, the next level to break is the upper boundary of the descending channel. If bulls succeed to do that, we will see a correction of the downtrend. The first resistance is at 70.90. As soon as the pair is closed above it, we will see a further rise.

    read more

  3. #523
    pedagoreng is offline Senior Member
    Join Date
    Aug 2014
    Posts
    558

    Default



    Trade idea

    SELL 80.64; TP1 80.40; TP2 80.00; SL 80.80

    The Japanese yen keeps strengthening versus other currencies as the market remains in the risk-averse mode. CAD/JPY is in the long-term downtrend and is now making another leg down. Yesterday the pair failed to close above the 50% Fibo level in the 81.00 area. Today the exchange rate slipped below 61.8% Fibo, and the next target is the 78.6% Fibo level at 80.40.

    read more]

  4. #524
    pedagoreng is offline Senior Member
    Join Date
    Aug 2014
    Posts
    558

    Default



    On H4, the EUR/TRY pair has been moving to the support in the range of 6.52-6.5030 but the level of 6.5453 has been preventing the fall. A breakthrough below 6.5453 will lead EUR/TRY to the range. A move below the range will cause the following decline to 6.4055. If the pair rebounds, we can anticipate a rise to 6.5985 but remember about the trendline that will limit the upward movement.

    read more

  5. #525
    pedagoreng is offline Senior Member
    Join Date
    Aug 2014
    Posts
    558

    Default


    Trade idea

    SELL 81.20; TP 80.85; SL 81.35

    CAD/JPY formed a “shooting star” candlestick on D1. This means that the pair will likely move down in line with the overall downtrend.

    On H1 and H4, there’s a lower high. As a result, the decline below 81.20 (50% Fibo of the June 18 - June 20 advance) will open the way to 81.07 and 80.85. The outlook will remain negative as long as the pair is below 81.50.

    Notice that Canada will release retail sales figures at 15:30 MT time today. The forecasts are negative.

    read more

  6. #526
    pedagoreng is offline Senior Member
    Join Date
    Aug 2014
    Posts
    558

    Default



    Trade ideas

    SELL 1,399; TP 1,394; SL 1,401

    BUY 1,412; TP 1,420; SL 1.410

    After its extensive decline last week, the USD can make a small comeback. We picked XAU/USD to make a bet on it: gold’s advance is very stretched both on W1 and D1. Hopes related to the upcoming G20 summit may provoke at least some correction in the safe-haven metal. The decline below 1,400 will open the way down to 1,394 (50-hour MA). A break above the previous highs of 1,412 is needed to open the way up towards 1,420/30. That scenario will be possible if tensions between the US and Iran keep escalating and the Fed’s Chair Powell is dovish on Tuesday.

    read more

  7. #527
    pedagoreng is offline Senior Member
    Join Date
    Aug 2014
    Posts
    558

    Default


    Trade ideas

    BUY 1.1420; TP 1.1450; SL 1.1405

    SELL 1.1380; TP1 1.1350; TP2 1.1315; SL 1.1400

    EUR/USD met resistance in the 1.1415 area. The pair’s advance in the recent days was quite rapid, so it might be hard for the euro to retain the bullish momentum. The return below the 50-week MA (1.1387) will open the way down to 1.1350 (200-day MA) and 1.1315. Below this level, the next area to watch will be at 1.1260 (100-day MA). The advance above 1.1420 is needed to open the way up to 1.1450 and 1.15. Much will depend on comments of the Fed’s Chair Powell pater today.

    read more

  8. #528
    pedagoreng is offline Senior Member
    Join Date
    Aug 2014
    Posts
    558

    Default


    Trade ideas

    SELL 1.2645; TP 1.2600; SL 1.2665

    GBP/USD got once again rejected down from 1.2760. The 50-day MA is having a bearish bias and creating further resistance at 1.28. On H4, we see that support is provided b the 50-period MA at 1.2650. The decline below this level will confirm a temporary top and open the way down to 1.26.

    read more

  9. #529
    pedagoreng is offline Senior Member
    Join Date
    Aug 2014
    Posts
    558

    Default


    Trade idea

    SELL 1.6980; TP 1.6920; SL 1.7000

    EUR/NZD made a top in June and went down going through the 50-day MA (1.7035) and the support line from March lows. As a result, these levels have turned into resistance and will limit the ability of the euro to recover.

    read more
    Last edited by pedagoreng; 06-27-2019 at 06:10 AM.

  10. #530
    pedagoreng is offline Senior Member
    Join Date
    Aug 2014
    Posts
    558

    Default


    Trade idea

    SELL at 0.6995; TP1 0.6950; TP2 0.6900; SL 0.7050

    The Reserve Bank of Australia is expected to cut its Cash Rate from 1.25% to 1% on Tuesday, July 2. Analysts think that this rate cut won’t be the last. As a result, the risks for the AUD are negative.

    read more

Page 53 of 57 FirstFirst ... 3435152535455 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Comparing Versions of footer
 

Search Engine Friendly URLs by vBSEO 3.6.0