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Good for this weak

Federal Reserve Chair Janet Yellen said an interest-rate increase would “likely be appropriate” at the central bank’s upcoming meeting if employment and inflation continue to meet policy makers’ expectations
Isn't that positive for USD but the market responded negative
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samymahrous avatar

Agree

FXRabbit avatar

:v Yes, you are right and I believe that if the USA economy remains strong throughout the year then we shall soon witness a parity between the US$ and the Euro currencies. Though, we must not underestimate the upcoming volatility between these two!

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GBP-JPY GOOD SELL CHANCE

  • as show above both tenken sen and chinkou span under the cloud 4H chart it is a very good chance to sell sell stop as mentioned 14236 and take profit136.50
  • we can put pending sell limit at 141,00 as i expect some correction to this price
  • good luck
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GBP-JPY

as we have downtrend 4H chart the pair will arrive 137.97 with stoploss 142.7 as shown at figure attached
goodluk traders
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Good area for sell EUR-JPY

sell EUR-JPY from this demand area with
st 126.6 and very good profit as it go down at support122.98
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paglu 18 Maj

Fantastic analysis

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GBP-USD ANALYSIS by ichemoko

sell GBP-USD as shown ......TB 1.4120 GOOD LUCK my friends
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Elliott Wave Analysis on GBPUSD

GBPUSD is at the highs of the week
when the price found a support at 1.4117; slightly beneath our first support marked at 1.4130. So far, this leg up appears to be very strong so we think that wave B is finished and that the price is underway to the 1.4400 area, where we also see an open gap from Feb 22nd. These gaps, very rarely, stay open so be aware of more upside in the next few sessions, but after the gap is filled a bearish turn may come in play.
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FX90 avatar
FX90 13 Mar

nice analysis

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EUR-JPY

EUR-JPY has been ranging since the beginning of January, when looked at from a 4-Hours perspective. Volume-wise though, it has been very active, and understanding this activity is essential to know what the major players are doing.
First there were several demand signals just as 2016 was starting. This halted the down move. Afterwards there stopping volume when reaching 129.10 area (red bars).
More recently, there was a major shake-out, painted as Major Demand by VSA – there was a lower low ma…
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Five Things Everyone Will Be Talking About Today

Global stock reboundMario Draghi promised further easing in March. China's Vice President Li Yuanchao vowed to 'look after' stock market investors. Stocks have reacted very positively with Japanese shares surging by the most in four months, …
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Short GBPCHF

Short GBPCHF for the coming week.
I traded this pair succesfully two out of three times witth the failed one because I underestimated the volatility.
I would like to see a correction towards
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What Currencies Should I Trade?

The right choice for you is going to come down to your strategy and how much time you can invest in learning your chosen pairs. I am not of the opinion that a fully technical approach is possible to reach profitability. Fundamentals are always a factor because these are the events that cause people to take action and create the technical signals we see. Learning the fundamentals of one or a handful of currencies, even if you follow multiple pairs including that currency, seems like the better wa…
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