lester
AUD/USD is sliding down from the 0.6700 level. Waiting US CPI
Ahead of the US CPI release, AUD/USD remains cautious with a downside bias intact. The Fed's next move for a rate hike plan is uncertain, and market forecasters are no longer expecting a significant rate hike. During the early Asian session, AUD/USD is trading flat after reaching 0.6700 in the previ
EURUSD Moving Into A Fifth Wave Ahead of Powell
Markets are not moving much. They slowed down after some dollar weakness over the last two trading days. We see US stocks coming down from resistance ahead of Powell today, so it appears that investors are waiting on more details before they may position themselves for a breakout. Will Powell be haw
EUR/USD longs
We're seeing a nice bullish run on EU, which has left a nice demand zone for us to go long from. The marked area cleared the lows before it broke the structure, has some unmitigated areas left within that zone. Would be nice if during Asia session price will drop into this zone so we can benefit fro
GBPUSD: heading higher?
The price action is testing the upper range of the declining channel pattern (which is also the 50% Fibonacci retracement level). A bullish trend is applicable above 1.1125. Crossing below this level will negate the bullish stance. Remains a risky trade. Profit target around 1.1765.
GBP/USD: Day Trading Analysis With Volume Profile
On GBP/USD is nice to see strong buying reaction from the price 1.1807 , there is nice to see strong volume area....Where is lot of contract accumulated...I thing that buyers from this area will be defend this long position and when the price come back to this area, strong buyers will
GBPJPY > Best Two Places for A Buy Entry!
Analysis of #GBPJPY Another requested pair from members and followers is to do an analysis on GBPJPY . As you can see from my chart, the theGBPJPY still trading between its trendline support and trendline resistance, we can look for the market to drop to sites trendline support, and look for bullish
AUDUSD More Continuation Downside
We can see AUDUSD has been pushing down since the beginning of April, and there could be more opportunity to sell. After the initial bearish impulse phase down, price naturally formed into a correctional phase. With a few swing highs and lows, price created an expanding structure, as well as a doubl
Pull-up Update