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Trade Idea- For USDSGD The Weekly Trading

There’s a chart that stands out – USD/SGD. The pair is at five year highs (USD lows). There is a double top formation, respecting big figure resistance at 1.4300. The resistance point coincides with a Fibonacci Method 100% touch and reversion. Any one of these three factors might signal a sell trade – the combination of the three sets bells.
Selling at current levels, Stop loss with clear of 1.43255 , traders may consider a number of targets. The Fibonacci methods 61.8% reversion suggests a poin…
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USDCAD Formed Bullish Pin Bar

When USDCAD This pair already formed Bullish Reversal Pin Bar on daily chart and also we saw weekly Chart trading. If we go to buy position in this week , we can get good pips for our trading buy signal first target 1.3350 -then 1.3400-1.3450 level.we can see chart below..
In our view the wealth effect from the surge in the housing market continues to underpin consumer demand. Housing price gains have averaged nearly 2.0% a year over the past five years, helping insulate Canada to some degrees f…
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EURJPY We can watch for a selling opportunity

Here are two Charts forecast as below as -
From here traders can watch for a selling opportunity as long as the pair remains below former support on a 4 hour closing basis. A close back above this level would negate my bearish bias and would likely result in a retest of the 137.00 resistance level.
If the bears are able to get behind this move in the coming days, the 133.10 is a likely target. That retest would put the pair one step closer to confirming the larger head and shoulder pattern t…
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EURCAD Breaks Resistance Target Upside trading

Here are two Chart as below as
Euro pair we have been tracking since late May is EURCAD. Although the inverse head and shoulder pattern has taken a few hits recently from the weekly gaps, the pattern (surprisingly) remains intact.
In fact the reversal pattern was confirmed by the rally on June 2nd, however with trend line resistance from 2015 just above we were waiting for a clearer breakout opportunity. Yesterday’s price action appears to have produced such an opportunity.
Although not nearly a…
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EURCAD Breaks Resistance Target Upside trading 1.4212- 1.4330

Here are two Chart as below as
Euro pair we have been tracking since late May is EURCAD. Although the inverse head and shoulder pattern has taken a few hits recently from the weekly gaps, the pattern (surprisingly) remains intact.
In fact the reversal pattern was confirmed by the rally on June 2nd, however with trend line resistance from 2015 just above we were waiting for a clearer breakout opportunity. Yesterday’s price action appears to have produced such an opportunity.
Although not nearly a…
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Przetłumacz na Angielski Pokaż oryginał
lubZostaw komentarz