USDBRL technical analysis

Emerging markets currency trading report

Posted by Alex on  January 6, 2019
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Category: Blog
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 has broken below the 3.786 level, also a 200 SMA, which is opening further downside extension into the 3.5000
Nikkei Andrews Pitchfork technical analysis

Weekly Andrews Pitchfork chart $Nikkei

Posted by Alex on  January 5, 2019
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Category: Blog
Nikkei reversing higher from a key level In this article, we are drawing Pitchfork channels on Nikkei On the monthly Nikkei chart, we can see that the instrument is still consolidating below the 21000 level and is bouncing off an uptrend channel support line 19000 level.     Using Andrews Pitchfork
ripple technical analysis

Cryptocurrency trading analysis

Posted by Alex on  January 2, 2019
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Category: Blog
Cryptocurrencies trading overview – Ethereum, Bitcoin, Litecoin, Ripple, EOS Let us see where are the opportunities and market positioning in the cryptocurrencies. Ethereum – the instrument is bouncing off the 85 level and is getting back into the wedge with a daily close above the 102. The instrument is now
GBPJPY daily technical analaysis

Top 3 potential trading setups heading into the 2019 open

Posted by Alex on  January 1, 2019
Comments Off on Top 3 potential trading setups heading into the 2019 open
Category: Blog
Top 3 potential setups ahead of the New trading Year open Looking at the end of the 2018 Year charts we have identified 5 potential setups that we want to share with you ahead of New trading Year open. GBPJPY We were using our usual top-down trading analysis, to get to this trading
usdcad weekly chart

USDCAD is facing the key level

Posted by Alex on  December 30, 2018
Comments Off on USDCAD is facing the key level
Category: Blog
Putting USDCAD short-term and long-term charts in perspective Looking at the monthly chart above we can see that the instrument reversed earlier from a 1.3000 level and is breaking above the key resistance now a falling downtrend channel resistance line 1.3400 level for a possible upside continuation into the 1.4200 level. For
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