USDTRY is testing the key level In this article, we are drawing Pitchfork channels on USDTRY On the weekly USDTRY chart, we can see that the pair is testing the upside reversal channel line 5.3200 level. A daily close below this level is needed for the downside breakout. The bounce

High probability trade setups Most of the trader’s waist a lot of their capital, energy and time for trading the swings in the market. Sometimes the market structure is swinging and swing trading can give the results in the near-term if you have the required discipline and the focus. But

Where is the stock market heading as the upside correction is intensifying Let us look at the price action positioning of the Indices as the market is reaching a strong correction level SPX-S&P500 We were using our usual top-down trading analysis, for this trading technical analysis and potential trade entries. When

In this article, we want to give you a “heads up” on USDBRL The pair is testing the strong long-term uptrend support line 3.7100 level and has formed a consolidation triangle. The bounce of this level could lead to another swing up into the previously broken trend line. A daily

In this article, we will take a look at the Emerging Market Currencies.  We will take a look at the technical analysis perspective of the USD/BRL, USD/RUB, USD/CNY, and USD/TRY. USDBRL is testing the key 3.7000 level for a complete downside reversal and a slide to 3.5500 level. Only a