$DXY and the FED decision
Posted by Alex on
June 13, 2018
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Category: Blog, FX TRADING GUIDE
In this article, we will share our view for the DXY ahead of the June FED decision on interest rates. On the monthly DXY chart, it is visible that the instrument is testing a strong upside resistance 95.06 level for the upside continuation. Rejection form here could lead to an
Cryptocurrencies overview
Posted by Alex on
June 10, 2018
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Category: Blog
Let us see where are the opportunities and market positioning in the cryptocurrencies. Ethereum – the instrument is testing the upside support 500-560 zone. This zone should hold for another upside test of 750 level. In case of a break below the 560 level we could see a test of
Weekly Andrews Pitchfork chart $EURAUD
Posted by Alex on
June 9, 2018
Comments Off on Weekly Andrews Pitchfork chart $EURAUD
Category: Blog
On this weekly chart, we are drawing Pitchfork channels on EURAUD. On the monthly EURAUD chart, we can see that the pair is turning lower for a possible test of 1.4000-1.4200 zone of the uptrend Pitchfork channel and its uptrend channel line after the rejection from a 1.6000 level which
$DAX top down trading technical analysis
Posted by Alex on
June 6, 2018
Comments Off on $DAX top down trading technical analysis
Category: Blog, FX TRADING GUIDE
In this article, we will share top-down trading technical analysis for the DAX. On the monthly DAX chart, we can see that the instrument is testing the 12865 level. A break above this level is required for an upside continuation. So far we got a heavy rejection in the previous
Cryptocurrencies overview
Posted by Alex on
June 4, 2018
Comments Off on Cryptocurrencies overview
Category: Blog
Let us see where are the opportunities and market positioning in the cryptocurrencies. Ethereum – the instrument is breaking below the bearish flag 600 level and is extending the downside to a first possible target of 414. Look for the short trade entries with the SL level above the 600.
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