Only charts

Hello everyone ,  Euro/Usd pulled back from 1.2250$ just 100 pips below multi year high and testing 1.1770$ area. This area is going to hold any break below and will definitely give support a bullish trend to build up to break above 1.2350$ area. Immediate strong resistance for the pair would be 1.1970$ followed by 1.2140$ Start buying large now and build up till 1.2140$ then hold for a bullish run till 1.3470$

Euro is keeping its bullish trend and will probably continue to historical 1.30$ , but in the short term , euro should be breaking 1.23$ area and continuing higher to brek above mutli year highs of 1.26$. Euro found support at 1.17$ , which initiated a rally of more thab 300 pips before bulling back towarsa 1.1960$ where it found support again and rallied another 200 pips , the strong momentum for the euro is still upwards and we should be seeing more gains in the coming week. The rally today was supported by disappointing NFP figures for the US.

fed's williams: further wage growth should raise overall u.s. inflation a bit above 2 pct target fed's williams: wage growth pretty consistent with productivity growth and low, stable inflation fed's williams: 'at some point in time' it will be less obvious that fed needs to raise rates

Eurusd trimmed the  sharp fall after the FOMC and the fed raising the rates. The pair fell to 1.1730$ where it found support again and again and reversed the move sharply to trade currently at 1.1790$ . The pair broke above the falling trendline and maintains a bullish sentiment ahead of the ECB meeting tomorrow. It is recommended to buy on dips. However , follow for MY update tomorrow ahead of the ECB. A CORRELATED PAIR TO WATCH IS USD/JPY.

Eur/usd found some support after NFP payroll release which gave some strength to the US dollar . The support came at 1.2435$ where 61.8% fibonnaci level for the move from 1.2385$ to 1.2520$ . The pair bounced slightly to 1.2456$ at the time of writing , most probably it is a dead cat bounce and we will continue to fall sharply towards 1.2260$ area.

EUR/USD is currently between resistance at 1.2510$ and support at 1.2485$ . A break below 1.2485$ will open the road to real support at 1.2465$ which is 38% fibonnnaci retracment level while a break above 1.2510$ will clear the way for new highs this probably between 1.2580-1.2625$ area. Keep your eye on those levels and I prefer going short at the moment with exit if we close above 1.2510$

Usdjpy has finally found a very important support area which will recover from . The pair can find 200 daily moving average at 111.12¥ and it is very critical support area as shown below on the daily chart. The pair also can find support by trendline coming from 100¥ back in Novemeber before the surprising victory for MR....TRUMP Ok..that was it and I hope you get the idea and take your trading decisions wisely and enjoy profitable trading week.

Dear traders , Hope you are all having a profitable trading day , I would like to be sharing my technical analysis for GBPUSD as it is currently testing a very critical level. The pair advanced almost 300 pips from last week after making a low at 1.2110$ area. The pair is currently capped by a good trendline and will probably pullback to test 1.2280$ area again. It is advised to short the pair at current area 1.2420$ targeting 1.2280$ Quit this trade if the pair closes a 4h candle above 1.2440$ Wish I am helping you .. if you find this useful please leave a comment and share your ideas.

The pair has pulled back slighlty after rallying on friday on back of FBI investigating hillary clinton emails again. Euro rallied almost 60 pips after the news and pulledback to previous resiatance area at 1.0940$ The pair might be taregting 1.10$ as first target if that area holds. Stop loss would be on 1 hour close below 1.0940$ or 1.0920$ where trendline might lie and provide some support..

WTI (OIL) is currently facing a bearish trendline and trading below resistance at 51.07 on the 4h chart. It looks supported on the daily chart around 49.80$ and looking for further advances. However the bearish trendline and the horizontal resistance is putting alot of downward pressure . So , It is recommended that we wait for a 4h candle close above 51.07$ area. Or you can go short at this area and your stop loss should be on a 4h close above 51.07$. I am not decided on that trade , pickup any scenario , it is going to be profitable either way.

The pair "usdjpy" has been on rally since yellen stated "the case for rate hike has strenghtened" , the pair rallied more than 350 pips since friday and it was supported by a trend line on the 1h chart. However the pair is currently testing the upper band of the downside channel. The pair has been in downtrend channel since january and is currently testing the channel up at 103.70-80¥. Trade recommendation : Short the pair at this point targeting 102.20 ¥ Stoploss if the pair closes the day above that area. You can wait for a break of channel and enter long . However put in mind the possibility of rate hike in september. we have two scenarios ; the first one is that usdjpy is going to respect the channel for the moment and pullback to trendline support on the hourly chart where 102.20 lies and rally again from the point and break the channel on the news of rate hike . The second scenario is the pair breaking the channel and testing the upper trend line of the...

The pair "eurjpy" has been trading in range since the first of august. The range is between 112.50 and 113.90¥ . The pair has been trending last week , and closed the first 4h above the range. The pair has next resistance at 114.30-60 area where 200 MA "simple and exponential" lies. Recommendation: the pair is looking constructive and there is a big chance of the pair breaking above the moving average and stabilizing heading towards 118.00 handle. The pair has made a low of 109.80¥ this year and has been trending lower since 142 ¥ levels. So , you will have to watch the trend line along its way to 118.40 , we have two trend lines as shown below in "orange" The move will be probably drived by a big move in (usdjpy) after yellen indicated that the case for rate hike strengthened as the economy has been meeting federal reserve goals. Yellen also pointed on friday at jackson hole , that employment reports and prices stability has been major support for t...

USDCAD has been trading in an uptrend channel for the last 7 0r 8 trading days . After the us fed declared that the economy is still in pace and working fine with employment figures and wages . No assessment of the inflation has been mentioned so the dollar reversed the gains momentarily. Of course , personally believe that charts rule and the fundamentals are just the catalyst. Fundamentala come out at the perfect time to make the markets move in the right direction. Anyway , as below screenshot of #usdcad chart on the 4h time frame , the pair is holding above the 200 MA and first area of support lies around 1.3130 area , the pair ia expected to fall to this area and beyond after breaking the channel.