Chart of the Week DJIA
Posted by Alex on
August 24, 2019
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Category: Blog
DJIA rejected again from the 26300 level DJIA has unsuccessfully tested 26300 level again. If was rejected for the second time, the second week as it can be seen on a weekly chart. This is leaving an extended fall to 24000 level of the Pitchfork uptrend channel option opened.
Trade of the week NZDJPY
Posted by Alex on
August 11, 2019
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Category: Blog
NZDJPY key level breakout NZDJPY is breaking below the 69 horizontal key long-term resistance. This break is opening a possible further downside extension. As long as the pair is below the 69 level look for more downside. On a daily chart, we can see a descending triangle is
Trade of the week CADJPY
Posted by Alex on
August 3, 2019
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Category: Blog
CADJPY is going for a test of 78.390 CADJPY is rejected by the strong falling trendline 84 level. This rejection is opening a possible further downside extension for a key downside breakout 78.390 level test. As long as the pair is below the 84.500 level look for more downside.
Chart of the week AUDUSD
Posted by Alex on
July 27, 2019
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Category: Blog
AUDUSD where to target after the downside support extension AUDUSD is rejected by the strong downside resistance zone 0.7000-0.7070. This rejection is opening a possible further downside extension for a key breakout 0.6850 level test. As long as the pair is below the 0.7100 level look for more downside.
Market watch USDTRY
Posted by Alex on
July 26, 2019
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Category: Blog
USDTRY is bouncing with the long-term trendline for a possible extension higher USDTRY is testing the confluence of the upside support 5.6000-5.6100 zone. Here we need to see a bounce and a break above 5.7700 for an upside extension. Special offerOpen the account and deposit $500 or more and
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