AUD/JPY
Time: 22.20 Rate: 89.00
Strategy: long/short
Daily time frame
A retracement can be seen after a continuous upward movement (broken black) to the level of 86.00, the break out of the price of the last high at 90.00 and the price got to the level of 94.00. The break out of the level 86.00 will bring down the price to the level of 84.10 in the first stage and then from there to the level of 82.30.
As can be seen by the graph bellow:
4 hour time frame
Potential Trade
Long
Enter: 89.70
Stop: 88.50
Target: 90.70
Short
Enter: 88.50
Stop: 89.40
Target: 87.90
As can be seen by the graph bellow:
USD/CAD
Time: 22.30 Rate: 0.9500
Strategy: long
Daily time frame
The price created in this area a double bottom, while the break out of the level 0.9580 will lead it to the level of 0.9720 approximately – the pattern’s target “wolf waves”.
As can be seen by the graph bellow:
4 hour time frame
Potential trade
Long
Enter: 0.9560
Stop: 0.9445
Target: 0.9650
As can be seen by the graph bellow:
RISK DISCLAIMER
Forex trading involves high risk. Before any trade, you should consider carefully the investment objectives and the level of risk. The data sent by mail is not necessarily real-time data or precise. Real-Forex is not liable for the losses resulting from the utilization of the data. Real-Forex (Finnocorp Trading Solution Ltd
.) is not liable for losses or damages as a result of reliance on the information provided by e-mail or on the overall data, quotes, charts, signals buy / sell. It is hereby clarified that the investor must be aware of risks involved in trading in financial markets, which is a form of investment that may contain potential risks.
Real-Forex team
Trade like the pro’s with a true ECN Forex broker