Δευτέρα 4 Ιανουαρίου 2016

Technical Analysisi EUR/USD

The fx pair is in an up movement and a correction is still on at the moment. On Daily TF after the strong up movement minimum one more up move is expected. But the start of the move is still not clear. On H8 the market is in the second down move. MAs on both chart and RSI looks good so the new lower low is easily can happen. H2 is in bear trend and a spike has happened.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.

Technical Analysis USD/JPY

The US Dollar broke the 120.30 support against the Yen. Sellers are now aiming to test support at 118.80 with a break below that exposing the 118.20-10 area. Alternatively, a reversal back above 119.85 opens the door for a challenge of 120.30.

Technical Analysis GBP/USD

Buy GBPUSD, demand zone in confluence with Bat pattern completion

Technical Analysis EUR/JPY

EURJPY is in a strong bearish trend but touch a strong support in place since 27/11/2015. We expect a bullish reaction on this support With a retrace attempt to the old support broken now resistance (R2)

Technical Analysis EUR/USD

EUR USD Price has pulled back to S/R which is also 61.8% retracement of the recent swing high

Technical Analysis USD/JPY

- At Pivot, price weakening. Short at this level. SL at 120.20. TP at S2
- Or, at S2, price stop falling and recover. Buy on reaction at this level. SL at 119.20. TP at Pivot