Buy Sell indicators
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Member since: 05/12/2011
The USD/CAD pair initially spiked during the session as we started out with a “risk off” attitude. However, if you have been watching our videos, you know that the 1.01 area is a place that we saw significant resistance coming back into the markets
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Member since: 05/12/2011
USD/CHF fell during the Thursday session as the markets reversed course when it was announced the ECB could be swapping their shorter term debt bought in Greece for longer dated ones
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Member since: 05/12/2011
AUDUSD's uptrend from 0.9861 extended to as high as 1.0844, the subsequent pullback is treated as consolidation of the uptrend. Key support is at 1.0525, as long as this level holds, one more rise to 1.0900-1.1000 area is still possible next week. On the downside, a breakdown below 1.0525 will indicate that a cycle top has been formed at 1.0844 on daily chart, and the rise from 0.9861 has completed, then the following downward movement could bring price back to 1.0000 area.
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Member since: 05/12/2011
GBPUSD may be forming a cycle top at 1.5928 on daily chart. Key support is at 1.5640, a breakdown below this level will confirm the cycle top. However, as long as 1.5640 level holds, the fall from 1.5928 is treated as consolidation of uptrend from 1.5236, and one more rise to 1.6100-1.6200 area is still possible.
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Member since: 05/12/2011
EURUSD's bounce from 1.2624 extended to as high as 1.3320. Further rise is still possible next week, and next target would be at 1.3500-1.3600 area. Key support is at 1.3026, only break below this level could indicate that a cycle top has been formed at 1.3320 on daily chart, and the rise from 1.2624 has completed, then another fall towards 1.2000 could be seen.
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USDCAD remains in downtrend from 1.0422, and the fall extends to as low as 0.9926. Further decline is still possible next week, and next target would be at 0.9800 area. Resistance is now at 1.0070, only break above this level could signal completion of the downtrend.
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Member since: 05/12/2011
USDCHF had formed a cycle top at 0.9594 on daily chart, and is now in downtrend. Further fall would likely be seen next week, and the target would be at the lower border of the price channel. Resistance is at 0.9350, only break above this level could signal completion of the downward movement from 0.9594.
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Member since: 05/12/2011
USDJPY continued its sideways movement in a range between 75.57 and 79.52. Lengthier consolidation in the range is still possible in a couple of weeks, and another rise towards 79.52 would likely be seen before breaking below 75.57 previous low.
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Member since: 05/12/2011
AUDUSD's upward movement from 0.9861 extends to as high as 1.0793. Further rise is still possible next week, and next target would be at 1.0900 area. Support is at 1.0600, only a breakdown below this level could signal completion of the uptrend.
Antworten: 385
Member since: 05/12/2011
Sell EUR/NZD @ 1.57144
SL:1.57544 | TP:1.56344