Market watch EURUSD

Posted by Alex on  July 23, 2019
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Category: Blog
EURUSD is breaking the downside resistance EURUSD  daily chart is revealing a break below an important resistance 1.12000 level. This break could produce a more downside and a test of the key 1.11160 level, although we might have a pullback for a broken resistance retest.         On

Chart of the Week GBPJPY

Posted by Alex on  July 20, 2019
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Category: Blog
GBPJPY is approaching dangerous breakout level GBPJPY  is testing the long-term uptrend line and a key 133.500 breakout level. If we get a daily close below this level there is almost 800-1000 pips space to be exploited for profits. A bounce could give us long trade opportunity for a 200-300
GBPUSD monthly chart

Chart of the week GBPUSD

Posted by Alex on  July 13, 2019
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Category: Blog
GBPUSD is breaking below the strong long-term downside resistance level GBPUSD is breaking below the strong long-term downside resistance level 1.2600 as it is visible on a monthly chart. This break is opening a possible further downside extension for a key breakout 1.2000 level. As long as the pair is
USDJPY trading idea

Market watch USDJPY

Posted by Alex on  July 11, 2019
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Category: Blog, FX TRADING GUIDE
USDJPY is bouncing off the strong support zone SPX daily chart is revealing a bounce off the strong support zone 107.500-108 also forming a possible Inverse H&S formation for an upside reversal and a deeper pullback into the 110.200 level.       On a 6 hour chart, we can
EURJPY monthly trading analysis

Weekly Andrews Pitchfork trading analysis

Posted by Alex on  July 6, 2019
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Category: Blog
EURJPY more pain is coming after the long-term channel break In this article, we are drawing Pitchfork channels for EURJPY On the Monthly EURJPY chart, we can see that the pair has broken the long-term uptrend Pitchfork channel and it is trying to extend lower. A key level for an
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