Close(SL) Sell GBP/CHF @ 1.23961 By Signal Factory | Loss: -40 pips | 2017.01.19 08:44 GMT Provided by signalfactory.com
Sell NZD/USD @ 0.71479 By Signal Factory | SL:0.71879 | TP:0.70679 | 2017.01.19 06:47 GMT Provided by signalfactory.com
Buy GBP/AUD @ 1.63041 By Signal Factory | SL:1.62641 | TP:1.63841 | 2017.01.19 06:31 GMT Provided by signalfactory.com
GBPJPY has been trending lower since breaking below the head and shoulders neckline recently. Price has reached a low of 136.40 before pulling up and showing signs of a correction. Applying the Fib tool on the latest...
The US dollar bounced a bit against the Japanese yen, but gave back some of the gains towards the end of the session. Given enough time, I think we get a supportive daily candle, but I don’t...
The USD/CAD pair rallied on Wednesday, as the 1.30 level should continue to be supportive. If we bounce from here, I think it’s only a matter of time before the sellers get involved again. Alternately though, if...
The British pound fell on Wednesday, but found enough support near the 1.2250 level to form a slightly supportive looking candle. The 1.25 level above is massively resistive, so I think somewhere near that area the sellers...
The EUR/USD pair initially fell during the day on Wednesday, testing the 50-day exponential moving average. By doing so, looks as if we are going to try to reach towards 1.0750 level above, which I think is...
The Australian dollar fell initially on Wednesday, but found enough support to turn around and formed a hammer. If we can break above the top of the hammer, I believe that the market will continue to go...
By Elliott Wave International There’s an old saying on Wall Street that goes “buy low and sell high.” It’s usually said in jest because it’s a feat that’s much easier said than done. History shows that most...