Technical Analysis EUR/USD

In longer term (Daily TF) the FX pair seems to be still bullish or are maybe in a range. H8 players was first bull and after showed range two times. It means something bigger is going on. H2 players are on the border again which shows two possibilities. A) the up movement will continue strongly upward and LONG positions can be taken over R1. B) There will be one last downswing and SHORT is a good idea with the TP of S1.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
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Technical Analysis EUR/USD

In longer term (Daily TF) the FX pair seems to be still bullish. And after its first strong up move one more upswing is expected. H8 players were out in the sustainable bull territory which shows a new up move also. The last few days’ strong down move shows either the correction is going to be complex or the new upswing will last just until R2. From more close H2 RSI shows the down move is still not ended but from the chart side the up move was really strong which might indicate that the longer TF players have taken over the game. To trade it seems to be more remunerative to look for LONG positions with the TP of R2. In another option it might worth to take SHORT for a short time until S1. But around this level get ready for long. The price can bounce back easily.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

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YESFX is hiring Forex Traders. Work from your own Trade-Station(online).Start with 50,000 euro YESFX individual live-trading a/c. visit: http://www.yesfx.com.cy/trader . 

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YESFX is hiring Forex Traders. Job is on a contract basis. visit: http://www.yesfx.com.cy/trader 

Hiring Remote Forex Traders

YESFX is hiring Forex Traders. Job is on a contract basis. visit: http://www.yesfx.com.cy/trader  

Hiring Remote Forex Traders

YESFX is hiring Forex Traders. Job is on a contract basis. visit: http://www.yesfx.com.cy/trader 

Hiring Remote Forex Traders

YESFX is hiring Forex Traders. Start with 50,000 euro YESFX individual live-trading a/c. Visit: http://www.yesfx.com.cy/trader 

Technical Analysis EUR/USD

EURUSD remains locked in a range below the 1.10 figure as prices await defined direction cues. Short- term resistance is at 1.1005, a break above that on an hourly closing basis exposing 1.1060. Alternatively, a turn below 1.0970 clears the way for a challenge of 1.0920.

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YESFX is hiringForex Traders. Work from your own Trade-Station(online).Start with 50,000 euroYESFX individual live-trading a/c. visit: http://www.yesfx.com.cy/trader  

Technical Analysis EUR/USD

Selling EUR/USD, as the pair has reached a peak at the moment at 1.0987, and the pair has reached overbought levels on M30 and H1 and a correction is imminent in the short term at least near 1.0950 where support lies. MACD and EMA’s confirm the move to the downside

Technical Analysis USD/CAD

USDCAD continues trading in range. Price is retesting support at the 1.3550-60 area. In the event that values of support hold, it raises the possibility of prices returning to values of resistance.

Technical Analysis EUR/USD

The fx pair is moving upward on bigger TF. And now just a more complex correction seems to happen. This seems to come out from EWP count and also the market just seems to get stock just at the middle section of the correction first leg. To be more sure about the idea a proof is still needed. And if comes SHORT position can be opened. And for TP it is ok to expect lower levels than S1. But careful this is countertrend which means the market can turn upward any time.

Opening a position: in every M5 pullback end to the given directions. Every time it is important to take care for the contexts.

Technical Analysis EUR/USD

EUR/USD encountered a potentially strong resistance level, forming a wider double top and is probably going to reverse, either in a downtrend or a range, in any case, giving us a nice shorting opportunity with at least a 1:3-4 R:R trade to around S1 price level.

Technical Analysis USD/CAD

Tweezer tops forming at the 79% retracement of the last high good momentum to the down side

Technical Analysis EUR/USD

Bearish cypher pattern

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YESFX is hiring Forex Traders. Work from your own Trade-Station(online).Start with 50,000 euro YESFX individual live-trading a/c. visit: http://www.yesfx.com.cy/trader 

Technical Analysis EUR/USD

With long term EURO weakness looking for a double top at 1.0975 SL just above 1.1000 keeping risk to reward 1:3 TP set at mid 1.0800s