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31
Dec

Daily Forex Analysis Video 31st December 2015

USDCHFis currently seen supported and rebounding off from the bottom of the symmetrical triangle, and is potentially forming a rising trend channel. Also, take note in the D1 chart, price is seen supported and has rebounded off from FR61.8% at 0.9800 which suggested price will continue to appreciate further....

30
Dec

Daily Forex Analysis Video 30th December 2015

USDCHF is currently trading at the top of a symmetrical triangle based on H4 chart. Wait for price to reach the top around the price of 0.9941 to go for a sell. USDJPY since broken below the major symmetrical triangle is now consolidating and forming a symmetrical triangle which...

29
Dec

Daily Forex Analysis Video 29th December 2015

AUDUSD continues to appreciate since rebounded off from the bottom of the ascending triangle. It has also broken the top of a minor falling trend channel based on H4 chart which suggest price will appreciate further. In H1 chart, price is likely to fall and retrace before further appreciation...

22
Dec

Daily Forex Analysis Video 22nd December 2015

AUDUSD has been said to depreciate below 70 cents, but question is when? With the dollar running out of steam and RBA Gov Steven keeping his mouth shut because he is so comfortable with the low exchange rate right now, we may jolly well say that price will appreciate...

15
Dec

Daily Forex Analysis Video 15th December 2015

GBPAUD slipped as it got resisted at a falling trendline with FR61.8%. It is also seen breaking below a key rising trendline based on D1 chart for the second time, signaling for further depreication. EURJPY appreciated as it rebounded off from FR38.2% and the bottom of a falling trend...

11
Dec

Daily Trading Analysis Video 11th December 2015

GBPAUD is rebounding off from the bottom of a falling trend channel and more than halfway towards the top. Price has retraced and resumed appreciation from Fibo retracement level 50% and support level 2.0732. GBPJPY is about to hit the bottom of a ascending triangle where Fibo retracement level...

10
Dec

Daily Trading Analysis Video 10th December 2015

EURUSD resumed appreciation since rebounded off from Fibo retracement level 38.2% and broke previous high. Price may appreciate further till it reaches the key resistance level at 1.1115. NZDUSD jumped this morning as RBNZ kept rate unchanged. A pullback from 67 cents does shows that that is the uncomfortable...

09
Dec

Daily Trading Analysis Video 9th December 2015

NZDUSD – RBNZ may cut rate further in its upcoming cash rate in order to boost inflation amid falling dairy prices and falling demand from China amid global recession. If RBNZ were to cut rate, price may fall to 0.6503. It also seems that the uncomfortable currency level would...

08
Dec

Daily Trading Analysis Video 8th December 2015

AUDUSD – Price has reached the bottom of the rising trend channel thus giving an opportunity to go for a buy. Key resistance level at 0.7339 based on D1 chart. NZDUSD – Price broke below the bottom of the rising trend channel in H1 chart and curretn chart pattern...

07
Dec

Daily Trading Analysis Video 7th December 2015

EURUSD – Price rallied more than 450 pips as ECB Draghi disappointed the market with no rate cut nor fresh stimulus. Price is expected to appreciate further after current consolidation comes to an end. Look for buy opportunity as price retraces further to 1.0803, Fibo Retracement level 38.2%. NZDUSD...