Technical outlook and ideas for Forex pairs
We have outlooked several promising Forex pairs and the result can surprise you!
Levels to trade AUD/JPY
Information is not investment advice
AUD/JPY has been recovering from the 74.00 area since the start of January, but met resistance in the 76.00 area (Dec. 13 high). On the D1, the pair formed a small “spinning top” – a candlestick signaling market’s uncertainty. The direction of a breakout from the current range between 76.10 and 75.85 will determine the further move. A break above 76.10 will open the way up to December highs around 76.50. The decline below 75.58 (100-day MA on the H4) should trigger a fall to 75.25 (50-period MA).
Similar
Another EUR/USD Trade!
4H Chart Daily Chart We sent out a signal yesterday to long EUR/USD between 1…
New EUR/USD Trade
4H Chart Daily Chart EURUSD declined back yesterday after trying to test its 1…
Popular
British pound breakout soon?
Great Britain released retail sales data on May 20, 9:00 GMT+3. The reading outperformed expectations greatly (+1.4% actual vs. -0.3% forecast).
Indices and Stocks in the Red
The stock market has reversed, and now it’s going lower and lower…
Walmart earnings outlook
Walmart is one of the biggest retail corporations in the US, with $244 billion in total assets. Does it worth buying amid rising prices and supply concerns that shatter the world economy?
Choose your payment system
