support

  1. S

    (Discuss) AUD/JPY Technical Outlook & Daily Chart

    After breaking the channel, the pair is looking forward to the next support level. Last week the AUD/JPY declined by more than 130 pips after the negative retail sales from Australia, which came at -0.6% compared to the forecasted at 0.3% and the previous one at -0.2%. As a result, the pair...
  2. S

    (Discuss) AUD/JPY Technical Outlook & Daily Chart

    After breaking the channel, the pair is looking forward to the next support level. Last week the AUD/JPY declined by more than 130 pips after the negative retail sales from Australia, which came at -0.6% compared to the forecasted at 0.3% and the previous one at -0.2%. As a result, the pair...
  3. S

    (Discuss) EUR/CHF technical analysis

    At the moment we are seeing an upward movement in this pair. Despite the destabilizing factors from the eurozone, the euro continues to strengthen against the Swiss currency after a recent sharp fall. Technical indicators indicate to us an upward movement. The price at the moment is under the...
  4. S

    (Discuss) GBP/USD Technical Analysis & Daily Chart

    The pound-dollar pair is now demonstrating a downward movement. Our price is under the slow moving MA (120), which now becomes our support level. Against the backdrop of not the most optimistic data on business activity in the industrial sector of the United Kingdom, we continue to observe the...
  5. S

    (Discuss) CAD / JPY technical analysis

    At the moment, on the chart of H4, we see the return of prices in the framework of the rising channel. Drawn for 28 days. Given the recently published positive statistics for Canada, we can assume that our upward movement will continue and at the moment we are seeing a correction and revision of...
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    (Share) Update:forex forecast on eurusd, usdcad, usdjpy indexs

    I had said “You will see 108.239-108.523- 109.218-110.506 levels soon. Support found at 107.322-106.813 levels.” USDJPY index 108.239-108.523 targets achieved.
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    (Share) Forex forecast on eurusd, usdcad, usdjpy indexs

    I will not take your much time. Just keep in mind these levels: 1.21803 -1.22348. Support : 1.20942. Must note: USDCAD index long-term, Technical structure favors bearish bias. No more word, Just look at chart EURUSD, You can take some pips of profit if keep your eye on it. Yes, I am...
  8. F

    (Share) USDJPY stays in a ascending price channel

    USDJPY stays in a ascending price channel on 4-hour chart and remains in short term uptrend from 108.13. As long as the pair is in the channel, the upward movement could be expected to continue, and next target would be at 112.00 area. On the downside, a clear break below the channel support...
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    (Share) EURUSD broke above 1.0689 resistance

    EURUSD broke above 1.0689 resistance, indicating that the downward movement from 1.0905 had completed at 1.0569 already. The pair is now in uptrend, further rise could be expected over the next several days, and next target would be at 1.0800 area. Near term support is at 1.0675, as long as this...
  10. F

    (Share) EURUSD pulled back to 1.0610

    Under pressure by 1.0689 resistance, EURUSD pulled back to 1.0610. Deeper decline to test 1.0569 support is possible. A breakdown below this level will indicate that the downtrend from 1.0905 has resumed, then next target would be at 1.0500 area. On the upside, as long as 1.0569 support holds...
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    (Share) USDINR & EURINR – Monitor the Support & Resistance for Earn Money

    USDINR & EURINR – Monitor the Support & Resistance for Earn Money USDINR Downtrend Over? EURINR – Continued Bearish Pressures If you want to sell anything from NSE Currencies then I strongly recommend EURINR pair. Use my below levels as targets: 69.14 68.65 67.4 66.5 How to use above...
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    (Share) EURUSD’s upward movement extended to 1.0905

    EURUSD’s upward movement from 1.0494 extended to as high as 1.0905. Further rise is still possible after a minor consolidation and next target would be at 1.0950 area. Near term support is at the bottom of the price channel on 4-hours chart, as long as the pair is in the channel, the uptrend...
  13. TifiaFX

    (Discuss) Tifia Daily Market Analytics

    Hello! There is analytics and trading recommendations from the company Tifia in this thread. We'll be glad to share our opinion about the Forex market. Thanks and welcome...
  14. Andora Andrei

    (Discuss) USD/JPY Major Correction?

    Good Morning traders. I’m still hoping to catch this uptrend on a larger pullback. Here are the levels I’m watching. The pair seems to be hitting a ceiling near the 111.00 major psychological level so a bit of profit-taking could happen at this point, allowing price to pull back to nearby...
  15. Andora Andrei

    (Discuss) USD/CAD Pullback Eyes Key Support Zone Ahead of Canada Retail Sales

    Good morning dear traders! USD/CAD testing monthly open support 1.3405/07. Key near-term resistance steady at 1.3575. “USDCAD has continued to trade within the confines of this modified pitchfork extending off the yearly lows with price extending into fresh nine-month highs. The pair...
  16. Andora Andrei

    (Discuss) GOLD possible scenario

    Good afternoon dear traders ! On daily chart Gold is in a good zone to buy. He is between a good support line at :1211.62 and the price hit second tp on Fibonacci Expansion. How we know the Gold price depend very much what US dollar do. So like everyone i expected a long sell on US dollar and...
  17. Andora Andrei

    (Discuss) Important news for this week. 21-25 Nov 2016

    The US dollar extended its run of good luck against major currencies on speculation Trump economic policies might lead to faster monetary tightening. US Treasuries continue to rise. EUR/USD traded higher to 1.0610. Now the pair slid back from its morning high to 1.0580. Keep in focus the ECB...
  18. Andora Andrei

    (Discuss) Today Watch: Nov. 21 2016

    EUR/JPY After breaking out of that symmetrical triangle formation the other week, EUR/JPY established stronger upside momentum by forming an ascending channel pattern. Price is currently testing the channel resistance and might be due for a correction since stochastic is indicating overbought...
  19. Andora Andrei

    (Discuss) EUR/USD Extends Losses on Yellen’s Commentary

    EUR/USD Decline Extends to New Lows Current Support is Found Near Daily Lows of 1.0581 Looking for additional trade ideas for the Euro? Read our Euro Forecast The EUR/USD is currently bouncing off of lows of the day, and has declined as much as 272 pips for this week’s trading. This...
  20. Andora Andrei

    (Discuss) FTSE 100 Trading Heavy at Support

    The FTSE 100 trading at trend-line support Looking like it wants to break, but need to see support give-way before becoming sellers If support holds, more time could allow for an H&S formation to develop Since our last post on Wednesday, the FTSE 100 hasn’t done a whole lot to take note...
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