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Samofx

Egypt

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male

February 20

USDMXN moved strongly upward since April 2018 .
Market has reached strong resistance level 19.9060 level ( High of December 2017 ) , then quickly reversed to close below it .
Market reached 19.5040 and recovered to reach 19.7500 right now .
If market succeeded to continue its bullish move and close above resistance level 19.9060 , that bullish strength will support USDMXN to achieve more upward moves .

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USDZAR

Samofx Posted 16 May in #Trader's blog

USDZAR is in a bearish trend since November 2017 .
Market has retraced to retest significant resistance level 12.5665 . where it quicky reversed to the downward to close below it .
If market kept respecting resistance level 12.5665 , that will support the overall bearish sentiment, where to expect USDZAR to acheive more downward moves .

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EURJPY

Samofx Posted 15 May in #Trader's blog

EURJPY has been in bearish trend since Febrary 2018 .
Market has reached resistance level 131.45 , and quickly reversed to close below it .
As long as the market respects significant resistance level 131.45 , that supports the latest bearish move , where to expect EURJPY TO acheive more downward moves .

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