Forex Trading Online

CHFJPY- Trading opportunities available

Potential resistance seems between 115 and 115.50. Lower time frames appear limited upside. Settles above 20MA (monthly) for the first time since Dec 2015. TECHNICAL VIEW The cross snaps the three-month falling pattern finally formed […]

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USDCHF trade idea

The relentless dollar selling finally pause. USDCHF respects 200WEMA. One and two-year trend lines in focus. Symmetrical triangle breakout on H1. Before 3% retracement in eight sessions, USDCHF rejected twice at 20WMA extend the losses […]

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NZDUSD trade follow up.

NZDUSD erases April month losses but medium trading range remains in a tight range seems between 0.6800 rounded and 0.7070, technically between 200MA’s on the monthly chart. The cross manages to hold the 200MA(Monthly) and […]

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EURGBP: Five-month descending trendline in focus.

EUR momentum remains strong. Five-month descending trendline in focus. FUNDAMENTAL NEWS Review of the previous week data: Retail Sales increased by 3%. Average weekly earnings increased by 2.4%. ILO Unemployment Rate 4.6% vs. 4.7%. Employment […]

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