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29
Apr

Daily Forex Analysis Video 29th April 2016

EURUSD gained further and wiped out entire depreciation from last week amid ECB Press Conference. Price is most likely to retest major resistance level 1.1443. In H1 chart, price has successfully broken above a falling trendline, signalling for further appreciation. Price is currently testing resistance level 1.1383 and may...

28
Apr

Daily Forex Analysis Video 28th April 2016

EURUSD gained for 4 consecutive days which brought it to key resistance level 1.1337, coincides ith a falling trendline which may forms a probable falling trend channel. In H1 chart, price was seen exhausted from recent appreciation and has moved into sideways movement. Price is seen consistently resisted at...

26
Apr

Daily Forex Analysis Video 26th April 2016

EURUSD gained for a day as it retraced while price fell from the top of a falling trend channel, still half-way towards the bottom. In M15 chart, price failed to break higher than previous high twice and is showing exhaustion from further appreciation, signalling for resumption of depreciation. Look...

25
Apr

Daily Forex Analysis Video 25th April 2016

EURUSD fell for the 2nd week since resisted at major resistance level 1.1443. Both magic candle and confirmation have formed thus signalling for further depreciation. In H4 chart, price has recently completed a 2nd wave of depreciation and retracement has just begun. Look for sell opportunity as price retraces...

22
Apr

Daily Forex Analysis Video 22nd April 2016

USDJPY jumped, breaking through the bottom of a previously broken falling trend channel and toward key exhaustion level at 111.00. In M15 chart, price is currently seen appreciating within and about to reach the top of a minor rising trend channel and is most likely to break above. Look...

21
Apr

Daily Forex Analysis Video 21st April 2016

USDJPY stopped its depreciation with a higher low and resume appreciation, breaking above resistance level 109.44, signalling for further appreciation. In M15 chart, price is currently moving sideways and may retrace a little further before resuming appreciation. Look for buy opportunity as price retraces to previous resistance turned support...

20
Apr

Daily Forex Analysis Video 20th April 2016

USDJPY appreciated further, broke above resistance level 108.96, but formed a lower high just before it reaches the bottom of the previously broken falling trend channel. Price is likely to continue in a sideways movement and it is now at the upper band of the consolidation. In M15 chart,...

19
Apr

Daily Forex Analysis Video 19th April 2016

USDJPY started the week off with significant retracement after magic candle  was formed last week. However, the current wave of depreciation has not meet its potential and the previous low has no past support level. In H4 chart, price is seen resisted by a past support and resistance level...

18
Apr

Daily Forex Analysis Video 18th April 2016

USDJPY fell further since broken below the bottom of a falling trend channel, currently testing support level 107.78. In H1 chart, price has successfully got resisted at the bottom of the previous falling trend channel and is currently seen at a bottom resisted by support level 107.78. Look for...

15
Apr

Daily Forex Analysis Video 15th April 2016

USDJPY has gained and retraced significantly, but is expected to gain further till it reaches key support turned resistance level at 111.00. In H4 chart, based on the previous wave if retracement and recent close above of previous high, it signals that price can gain further too towards FR50%...

12
Apr

Daily Forex Analysis Video 12th April 2016

USDJPY was little changed as it move sideways, showing exhaustion from previous wave of depreciation. In M15 chart, price is closing with higher lows, signalling for price to gain and retrace further within a consolidation. Look for sell opportunity as price at current price or preferably at 108.45.  ...

11
Apr

Daily Forex Analysis Video 11th April 2016

USDJPY has furthered its depreciation and expected to fall further to key support level at 105.37, followed by 101.85. In M15 chart, price is seen supported at support level 107.65, but the downward trend has resumed and falling steadily after a significant retracement, signalling price may break below the...

08
Apr

Daily Forex Analysis Video 8th April 2016

USDJPY is seen resuming depreciation and breaking away from a structure of consolidation, with next key support level at 105.37, followed by 101.85. In H4 chart, price has broken below the bottom of a falling trend channel, signalling got further depreciation. Look for sell opportunity in M15 chart as...

07
Apr

Daily Forex Analysis Video 7th April 2016

USDJPY is seen resuming depreciation and breaking away from a structure of consolidation, with next key support level at 101.85. In H4 chart, price is seen breaking below the bottom of a falling trend channel, signalling got further depreciation. Look for sell opportunity as price begins to retrace again,...