USDCHF Forex Analysis for June 10th 2019
FX Instructor Forex Blog
by mazeem
3y ago
Intraday predisposition in USDCHF stays on the sideways for the minute and Forex traders ought to consider just no long trades and no short trades against the current USDCHF sideways pattern. In fact; bullish and bearish legs has created a choppy pattern and expect price action to move in a trading range, today. Imperative buy zone for buyers is available at 0.9858, in the light of latest swing low in fifteen minutes chart of USDCHF and imperative sell zone for sellers is available at 0.9949, in the light of latest swing high in fifteen minutes chart of USDCHF. Due to trading range day, I mig ..read more
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USDJPY Forex Analysis for June 10th 2019
FX Instructor Forex Blog
by mazeem
3y ago
With a good momentum, the price of USDJPY Spot Forex pair is moving up and currency traders may attempt to look for a buy trading chance to join the up trend. Price action is stepping high and we expect market to keep rising up towards 108.70 price target area. Multiple bullish legs pattern could be seen in USDJPY price action. Key support level is present at 108.36 price level, based on most recent swing low in 15 minutes time frame of USDJPY. However, a clear bearish break down in price action below 108.36 vital support area will end the up trend. In such type of Forex trading market situat ..read more
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GBPUSD Forex Analysis for June 10th 2019
FX Instructor Forex Blog
by mazeem
3y ago
Bearish collapse in price action could be seen in Friday’s trading session to a fresh new low in GBPUSD 15 minutes chart. An upside retracement in price action should be consider as a good opportunity to sell the rally, which is probably a good idea to do in a down trending market environment. It looks quite obvious that sellers are in control of the market and aggressive selling could slide the market even below 1.2690 target region. A strong rejection of key resistance at 1.2725 price level has been detected. However; a clear bullish break out above 1.2725 key resistance level would neutral ..read more
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EURUSD Forex Analysis for June 10th 2019
FX Instructor Forex Blog
by mazeem
3y ago
With a solid sideways market, the value of EURUSD spot Forex pair is moving no place and Forex merchants could notice that value of EURUSD is activity printing all over swings, which means no Forex trading possibilities for the Friday. Various bullish and bearish legs could be seen in EURUSD value activity and market could hit a buyer point or a seller point and the value of EURUSD is direction looks vague. Market activity is venturing down and venturing up, resembles a Zig Zag design in between seller and buyer points. Seller point is available at 1.1308 value level and buyer point is availa ..read more
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USDCHF Forex Analysis for June 7th 2019
FX Instructor Forex Blog
by mazeem
3y ago
With a good momentum, the price of USDCHF Spot Forex pair is moving up and down and looks like Friday is going to be a range trading day for currency traders. Price action may attempt to hit a support area or resistance area and there is a fifty – fifty chance for the USDCHF market to rise up or falls down. Multiple bullish and bearish legs pattern could be seen in USDCHF price action. Key support level is present at 0.9878 price level, based on most recent swing low and key resistance level is present at 0.9960 price level, based on most recent swing high in 15 minutes time frame of USDCHF. A ..read more
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USDJPY Forex Analysis for June 7th 2019
FX Instructor Forex Blog
by mazeem
3y ago
With a solid sideways market, the value of USDJPY spot Forex pair is moving no place and Forex merchants could notice that value of USDJPY is activity printing all over swings, which means no Forex trading possibilities for the Friday. Various bullish and bearish legs could be seen in USDJPY value activity and market could hit a buyer point or a seller point and the value of USDJPY is direction looks vague. Market activity is venturing down and venturing up, resembles a Zig Zag design in between seller and buyer points. Seller point is available at 108.02 value level and buyer point is availab ..read more
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EURUSD Forex Analysis for June 7th 2019
FX Instructor Forex Blog
by mazeem
3y ago
Intraday predisposition in EURUSD stays on the sideways for the minute and Forex traders ought to consider just no long trades and no short trades against the current EURUSD sideways pattern. In fact; bullish and bearish legs has created a choppy pattern and expect price action to move in a trading range, today. Imperative buy zone for buyers is available at 1.1199, in the light of latest swing low in fifteen minutes chart of EURUSD and imperative sell zone for sellers is available at 1.1308, in the light of latest swing high in fifteen minutes chart of EURUSD. Due to trading range day, I migh ..read more
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GBPUSD Forex Analysis for June 7th 2019
FX Instructor Forex Blog
by mazeem
3y ago
Price action looks solid sideways in GBPUSD and it is moving no place. The market is venturing down and venturing up and currency investors could undoubtedly see that market activity is printing all over mix swings. Upcoming near term direction of the market looks ambiguous and we could expect GBPUSD to hit buy zone or sell zone. Zig Zag pattern has appeared in intraday chart. Solid long area is available at 1.2668 value level and solid short area is available at 1.2741, in light of latest swing high and swing low in 15 minutes time span of GBPUSD. With reference to the sideways pattern, curre ..read more
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GBPUSD Forex Analysis for June 6th 2019
FX Instructor Forex Blog
by mazeem
3y ago
Intraday bias in GBPUSD remains on the up side for the moment and traders should consider only long trades and no trade against the current GBPUSD bullish trend. Technically; bullish trend could take price action towards next target at 1.2750. Vital area for buyers is present at 1.2662, based on most recent swing low in fifteen minutes chart of GBPUSD. However, a clear bearish break down in price action below 1.2662 vital support area will end bullish momentum. In such a market scenario, it would be best not to trade the market and re-analyze the GBPUSD 15 minutes time frame ..read more
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USDCHF Forex Analysis for June 6th 2019
FX Instructor Forex Blog
by mazeem
3y ago
With a good momentum, the price of USDCHF Spot Forex pair is moving up and currency traders may attempt to look for a buy trading chance to join the up trend. Price action is stepping high and we expect market to keep rising up towards 0.99554 price target area. Multiple bullish legs pattern could be seen in USDCHF price action. Key support level is present at 0.9912 price level, based on most recent swing low in 15 minutes time frame of USDCHF. However, a clear bearish break down in price action below 0.9912 vital support area will end the up trend. Henceforth, I may jump at the chance to st ..read more
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