Every trader has a system that works for them. Some require more patience than others while other require a quicker reaction time. Some systems work best during ranging times while other work best during trending times.
EURUSD The pair succeeded in achieving the suggested scenario yesterday flawlessly breaching the neckline at 1.2295, while the daily closing is above it although it stands as a temporary barrier for the bullish intraday channel in front...
EURUSD e pair declined inline with expectations to build a base on 1.2160 and then started the bullish wave supported by positive signs on Stochastic. Our expectations remain intact awaiting the bullish pattern to be activated by...
USDCAD: This continues to be an interesting pair to watch as many technicians believe the price action on the CAD will be a leading indicator for the rest of the G-7. Here are the Support & Resistance...
EURUSD The pair started its gradual descend naturally within the upside intraday channel shown yesterday, in an attempt to build a base on its support level around 1.2160 currently.
EURUSD The Pair rushed to the upside after building a base on 1.2160 while currently touching the resistance for the minor ascending channel that organizes the current intraday upside move. Momentum indicators are showing overbought signs that...
EURUSD The pair continued its upside push where it managed to breach the resistance level for the descending short term channel, surpassing the breached retest line for the previously mentioned bearish technical pattern at 1.2130.
USDCAD: The pair which at best is volatile during breakouts has been trading a considerably more volatile pattern over the last 30 days. A break above or below the 200 day moving average typically signals a change...
USDCAD breaks below the uptrend line from 0.9930 to 1.0110. Deeper decline is expected next week and next target would be at 1.0100 area. Resistance is now at 1.0460, as long as this level holds, downtrend from...
EURUSD The pair is fluctuating around the resistance for the descending channel and below 61.8% correction, alongside negative signals on momentum indicators. We preserve our morning expectations as far as the pair does not stabilize above 1.2150.
