Archives

29
Jan

Daily Forex Analysis Video 29th January 2016

USDJPY rallied as BOJ adopts negative interest rate, from 118.80 to 121.30. Price has since retraced a 90% of the gains and resumes appreciation. In the D1 chart, price is seen appreciating towards the top of a major falling trend channel. In the H1 chart, there is another minor...

28
Jan

Daily Forex Analysis Video 28th January 2016

USDJPY is seen rebounding off from the bottom of a falling trend channel and thus expecting to appreciate further towards the top. Price is now seen resisted at a key support turned resistance level 118.83. A minor rising trend channel is seen in the H1 chart and price is...

25
Jan

Daily Forex Analysis Video 25th January 2016

AUDUSD is expected to gain further based on current structure and as price in the midst of a major retracement. Price may reach 0.7170, FR61.8% based on H4 chart. Look for buy opportunity in H1 chart as price pulls back to 0.6956, a previous resistance turned support level just below...

22
Jan

Daily Forex Analysis Video 22nd January 2016

AUDUSD is currently seen making major retracement since it has broken below a 4-month low and failed to bring price lower. Price is expected to gain and retrace further to the price of 0.7170, FR61.8%. In the H1 chart, wait for price to retrace from its current appreciation to...

21
Jan

Daily Forex Analysis Video 21st January 2016

EURGBP appreciated further since breaking above key resistance level 0.7482 towards the top of the falling trend channel in W1 chart. Price is currently seen resisted at 2nd exhaustion level 0.7221, but expected to to break above and hit final exhaustion level at 0.7837. In H1 chart, price appreciated...

14
Jan

Daily Forex Analysis Video 14th January 2016

USDCHF is gaining and about to reach previous resistance 1.0119, FR61.8% based on H4 chart. Look for sell opportunity as price reaches 1.0119. EURUSD rebounded off from 1.0803 as expected and is about to reach the top of the falling trend channel in H4 chart. Look for sell opportunity...

13
Jan

Daily Forex Analysis Video 13th January 2016

AUDUSD may fall further after current retracement as price has yet to reach the final exhaustion level 0.6663 based on W1 chart. In the H4 chart, we are waiting for price to retrace back to the FR38.2% at 0.7100, a previous support level turned resistance to go for a...

12
Jan

Daily Forex Analysis Video 12th January 2016

AUDUSD is about to reached its previous low in September 2015. Price has began to show signal for reversal thus looking for a buy opportunity in the smaller timeframe, looking at the price of 0.6969. GBPUSD is seen resisted at the top of a falling trend channel and fibo...

11
Jan

Daily Forex Analysis Video 11th January 2016

GBPUSD has broke below a 9-month low which suggest price to depreciate further. Price is currently retracing to the top of a falling trend channel based on H1 chart, looking at the price of 1.4586 for another sell opportunity. GBPAUD is about to reach the top of a major...

08
Jan

Daily Forex Analysis Video 8th January 2016

EURUSD gained and reached the top of a falling trend channel, resisted and fell from 1.0924, FR61.8%. Look for opportunity to sell again as price retraces in the smaller timeframe. USDCHF fell further and rebounded off right before 0.9914, FR61.8%. Price may fall a little further again before it...

07
Jan

Daily Forex Analysis Video 7th January 2016

EURUSD successfully rebounded off from bottom of falling trend channel and Fibo retracement level 61.8%. Look for buy opportunity as price retraces from the rebound. USDCHF fell as it got resisted at Fibo retracement level 61.8% and is expected to fall a little further before it resumes appreciation as...

06
Jan

Daily Forex Analysis Video 6th January 2016

EURUSD is currently trading at the bottom of a probable falling channel and also seen supported at Fibo retracement level 61.8%, signaling for price to appreciate towards the top of the channel. GBPUSD is about to reach a 9-month low around 1.46, thus expecting another wave of depreciation for...

05
Jan

Daily Forex Analysis Video 5th January 2016

USDCHF has reached the top of a rising trend channel and also seen resisted at FR50% based on H4 chart, signaling for depreciation. USDJPY has fallen into the range zone and has rebounded off as it reached key support level at 118.52, bottom of the range. Wait for buy...

04
Jan

Daily Forex Analysis Video 4th January 2016

USDCHF has broke above the top of a symmetrical triangle, currently has retrace back to the top of the symmetrical triangle and rebounding off. Price is seen retracing again in the smaller timeframe so do look for an opportunity to buy at a better price as it retraces further....