Results for the site category: Forex
Long USD/CAD
By Luv Sharma 2 days agoCategories: Forex
USD/CAD has broken above its multi month wedge consolidation pattern. The price has retraced back and retesting the broken resistance. The longer term wedge top also coincides with the parallel channel that has guided the pair higher from the 1.0...
EUR/USD Setup
EUR/USD has set up a head and shoulder pattern on the daily charts. We will be looking to buy a break and retest of the neckline with projected targets of 1.21. Watching price action for now. Good luck trading.
AUD/JPY
Another shot with Andrew's pitchforks. Pair is near lows of the week. I am long from 100.16 with S/L of 99.96/100.76.
EUR.USD 2013.22.05
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GBP/NZD
By fx_scalper 3 days agoCategories: Forex
GBP/NZD is testing the top of the parallel channel that has guided it lower from last weeks highs. A break above the channel should trigger a move back to the highs. Watching price action.
Long Silver
Silver (XAG/USD) is breaking out above its bull flag consolidation pattern. We are long from 22.40 with stops below 22.0 and targets in the 23.80-24.0 region. Good luck Trading.
EUR/AUD
By Luv Sharma 4 days agoCategories: Forex
EUR/AUD testing the trend-line support. A break here should lead to a Fibonacci retracement of the rise. Watching price action for now.
Long AUD/NZD
AUD/NZD is consolidating above 1.1950 after a break of the trendline that had guided it lower from the 1.27 highs. The RSI is looking constructive after a break above the oversold levels. I am long from 1.1985 with stops below 1.1950 and targets...
GBP/NZD
GBP/NZD is breaking above its short term rectangle consolidation pattern. Will buy on a break with targets of 1.8760