Chart of the Day

Chart of The Day 05-25-2016 EURGBP On the EURGBP chart we see a break of the neckline 0.7740 level and H&S is confirmed. Target is 0.7520 level before we see any bounce. Happy trading!   Premimum Membership Annual plan Now only 101$ in June instead of  240$.   101 in June

Chart of The Day 05-24-2016 CHFJPY On the CHFJPY chart we see a move below 112.198 and a break of 109.700 would lead to a test of 108.690 level and extended downside. Happy trading!   We are always looking for good traders and analysts to Join our trading desk.

Chart of The Day 05-23-2016 AUDUSD On the AUDUSD chart we see a retracement of the last swing lower. We are expecting rejection at 50-61.8% Fibbo and a retest of 0.7170 for the downside extension into 0.7100. Happy trading!   We are always looking for good traders and analysts to

Chart of The Day 05-20-2016 USDJPY On the USDJPY chart we see that it is testing falling trend line 110.240 level. If rejected here we could see a move down for another test of 105-107 zone. Happy trading!   We are always looking for good traders and analysts to Join our trading

Chart of The Day 05-19-2016 OIL On the OIL chart there is a large rising wedge formed (bearish formation) and OIL is being rejected by 50$. There is bearish RSI (13) divergence. We expect a test of lower wedge line 43$. Happy trading!   We are always looking for good traders