Weekly Andrews Pitchfork chart $GBPJPY
Posted by Alex on
July 21, 2018
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Category: Blog
In this article, we are drawing Pitchfork channels on GBPJPY. On the weekly GBPJPY chart, we can see that the pair is still trading inside the first half of the Pitchfork channel below the broken long-term rising trend line 150 level. The next downside resistance as long as the 150
EM market currency report
Posted by Alex on
July 20, 2018
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Category: Blog
In this article, we will take a look at the Emerging Market Currencies. Lately, we have a strong USD strengthening against these currencies which could be a worrying sign of their incoming weakness or a trade war. No matter the reason is, we could see a new crisis looming in
$GOLD top down trading technical analysis
Posted by Alex on
July 18, 2018
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Category: Blog, FX TRADING GUIDE
In this article, we will share top-down trading technical analysis for the Gold. On the monthly Gold chart, we can see that the instrument is breaking below the long-term rising trend line 1247 level. This break if it is to be confirmed with a monthly close, will open the further
Real price action trading example $USDTRY
Posted by Alex on
July 16, 2018
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Category: Blog, FX TRADING GUIDE
In this article, we will share the real price action trading example for the USDTRY. When it comes to trade execution you need to read the charts. Indicators will give you a sense of a direction and they could indicate a soon change, key levels and incoming reversals, but the
Cryptocurrencies trading overview
Posted by Alex on
July 16, 2018
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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 broke below an important downside resistance 567 level. After the brief test of 414 the instrument is pulling back again to 550 downside support
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