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EURUSD 13-11-2017

Yoyofx Posted 13 Nov.  in #Trader's blog

EURUSD has been moving sideways between 1.66 and 1.56 1 hr chart as i see no strong signal for EUR to continue its upward trend until now so i tend to take range trade and go short EUR target 1.56 .
RSI is neutral and ADX doesnt show strong trend so it support my opinion and currently it stand on 23.3 level on Fibonacci using daily chart .
tomorrow news may give us signals to our new positions >
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GBPNZD 12-11-2017

Yoyofx Posted 12 Nov.  in #Trader's blog
GBPNZD has been moving in range between 1.91 and 1.88 last week after dropping from 1.94 at 1 November technically i find that GBP have portability for more drop with NZD but range trading still prevail as ADX at 20 and RSI doesn't give a signal at 4hr chart breaking or reteaching from 1.9 level will decide my position especially with the upcoming important news for GBP within this week but if news is neutral i may take short to 1.89 .
This week gonna be hot with the news
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USDjpy 11-11

Yoyofx Posted 11 Nov.  in #Trader's blog

USDJPY has been moving Sideways the last week between 114.3 and 113 as we see those points are so tough resistance and support but i see ADX is currently at 23 1D chart and RSI is neutral but if we looked at the pairs history we find that USD almost tested it 3 times and this time is the fourth if it could break it it will fly to 118 levels or if usual it failed to break it will go to test 112 - 109 level again or even 108 .
this week we are waiting for important news for USD CPI and Unemploym…
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GBPUSD 11/10 Fundmental and technical

Yoyofx Posted 10 Nov.  in #Trader's blog

I see GBPUSD moving in upward channel it currently trading at 1.321 level retraced from 1.30100 technically i find that GBP can still continue it's uptrend to R1 1.33 and R2 1.34 which is 38.2% Fibonacci level ADX show no power in the trend RSI is neutral .
fundamentally we have upcoming news about Br exit and CPI for GBP And USD and the new tax law for USD ,, i t hink this gonna give us the hint that will draw the next point on the chart for me i tend to be long GBP for now .
have a nice trades
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AUDUSD 6/11/2017

Yoyofx Posted 6 Nov.  in #Trader's blog

Currently i see AUDUSD standing on good support level at .76800 RSI doesnt provide over bought or over sold signals but its close to over sell , ADX shows no trend power.today we r waiting important news about RBA rate statement if it went positive for AUD it will move to test .78 and .800 Levels .
For me iam gonna take the long side for close ranged 40 Pip .
Have a nice day
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GBPUSD

Yoyofx Posted 5 Nov.  in #Trader's blog

GBPUSD since the last drop from 1.36 in September has been moving in side way between 1.30 and 1.33 i think this side move wll continue for the short term as after the drop we see the ADC is strengthen again for GBP to recover it's loss .
so iam gonna take long position for now for GBP and sell USD .
This week gonna clarify many things
have a nice day
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GBPNZC 4/11/2017

Yoyofx Posted 4 Nov.  in #Trader's blog

GBPNZD has dropped like 400 PIP last week even with the good data released and interest rate hike up , the main reason was for pessimistic for the upcoming economic circumstances in UK and brexit effects .
technically this move as predicted but it was paced fundamentally
GBP has retraced at 23 Fibonacci interval if it couldnt break 1.905 level it may go down to test 38.2 level
have a nice day
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USDJPY 3/11/2017

Yoyofx Posted 3 Nov.  in #Trader's blog
Hi every one
I see currently USDJPY is standing on a dangerous level at 114.2 i say that it's dangerous because i think if it could break 114.5 level USD wil move upward to test 118,00 which is a big move ,
if it couldnt break this hard resistance it will may drop badly to 111 level or even lower ..
next days will show what will happen but i took the short side
have a nice day
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NZDCAD Trending storng downward

Yoyofx Posted 4 Sep.  in #Trader's blog
Hello Traders
NZDCAD Pair currently taking downward trend as ADX shows strong number 4hour chart over 41 point
i guess CAD will still be stronger as good data released and expectation for interest rate hikes
currently NZDCAD trading on .88900 on a support point if it could break it i guess it will go down to test .8800
Resistance is on .89400
Good Luck
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An opportunity on GBP/NZD

Yoyofx Posted 3 Sep.  in #Trader's blog
Hello Traders
There is an opportunity on GBP/NZD as it creating strong uptrend as bollinger bands 4hour chart indicating and ADX is over 25 i guess the GBP will continue its uptrend supported by strong data released on last Friday .
also MACD histogram is in positive side .
next resistance line is on 1.81600 if it could break it it may go more far
support line is on 1.798
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