paidsignal's Posts - Page 3

USD/JPY in Experienced Traders Sep 07, 2016 at 06:08

The USDJPY had a bearish momentum yesterday bottomed at 103.14. The bias is bearish in nearest term testing 102.50 as we may have a false break (above 104.00) bearish scenario. On the upside, a clear break and daily close above 104.00 would expose 105.00/50 before targeting 106.75. On the downside, a clear break and daily close below 102.50 would reactivate my bearish mode. My major technical outlook remains bearish.

GBP/USD daily outlook in Experienced Traders Sep 07, 2016 at 06:04

The GBPUSD attempted to push higher yesterday topped at 1.3375 but whipsawed to the downside and closed lower at 1.3301. The bias is bearish in nearest term testing 1.3250. A clear break and daily close below that area would expose 1.3150 or lower. On the upside, 1.3370 remains a key resistance and a good place to sell with a tight stop loss as a clear break above that area would expose 1.3500. As long as stay below 1.3500 my major technical outlook remains bearish.

EURUSD,GBPUSD,USDJPY,USDCHF Daily outlook in New Traders Sep 05, 2016 at 05:31

EURUSD Forecast The EURUSD was indecisive last week. Price attempted to push higher topped at 1.1252 but whipsawed to the downside and closed lower at 1.1155 and now back below H1 EMA 200 as you can see on my H1 chart below. This fact keeps the bearish phase after failed to break above 1.1350 remains intact. The bias is bearish in nearest term testing 1.1125. A clear break and daily close below that area could trigger further bearish pressure targeting 1.1000. Immediate resistance is seen around 1.1200 but key resistance remains around 1.1250. My major technical outlook remains neutral. GBP...

Trading Journal in New Traders Sep 04, 2016 at 06:59

Emerging market currencies won greater market share at the expense of the Euro, Yen and Aussie Dollar while overall FX turnover fell according to the Bank of International Settlements.

Steps to become a professional forex trader in New Traders Sep 04, 2016 at 06:59

there are many steps . You will become professional traders.

EURUSD,GBPUSD,USDJPY,USDCHF Daily outlook in New Traders Aug 31, 2016 at 10:31

The EURUSD had a moderate bearish momentum yesterday bottomed at 1.1132. The bias remains bearish in nearest term testing 1.1100 before targeting 1. 1.1000. Immediate resistance is seen around 1.1180. A clear break above that area could lead price to neutral zone in nearest term but only a clear break back above 1.1250 would interrupt the bearish phase since fell from 1.1350 region.

USDCHF in Experienced Traders Aug 03, 2016 at 06:13

USDCHF ForecastThe USDCHF had a bearish momentum yesterday bottomed at 0.9633. The bias remains bearish in nearest term testing 0.9570 and the trend line support which also remains a good place to buy with a tight stop loss. Immediate resistance is seen around 0.9700. A clear break above that area could lead price to neutral zone in nearest term testing 0.9750/70 area. My major technical outlook remains neutral.

USD/JPY in Experienced Traders Aug 03, 2016 at 06:13

As expected, the USDJPY continued its bearish momentum yesterday bottomed at 100.67. The bias remains bearish in nearest term testing 100.00 area. A clear break and daily close below that area could trigger further bearish pressure retesting 98.80 region. Immediate resistance is seen around 101.50. A clear break above that area could lead price to neutral zone in nearest term testing 102.00 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell .

GBP/USD daily outlook in Experienced Traders Aug 03, 2016 at 06:13

The GBPUSD had a bullish momentum yesterday topped at 1.3365. The bias is bullish in nearest term testing 1.3400/20 but overall I remain bearish and any upside pullback should be seen as a good opportunity to sell. Immediate support is seen around 1.3300. A clear break below that area could lead price to neutral zone in nearest term testing 1.3250 or lower.

Daily pair outlook in General Aug 03, 2016 at 06:13

EURUSD Forecast The EURUSD had a bullish momentum yesterday closed above 1.1200 key resistance. Overall I still prefer a bearish scenario but this fact force me to activate my wait and see mode. The bias is bullish in nearest term testing the lower line of the (violated) bullish channel located around 1.1300 area. A clear break and daily close above that area could trigger further bullish pressure testing 1.1400 region. Immediate support is seen around 1.1170 – 1.1150. A clear break and daily close back below that area would reactivate my bearish mode testing 1.1070/50 or lower. GBPUS...

EURUSD,GBPUSD,USDJPY,USDCHF Daily outlook in New Traders Aug 03, 2016 at 06:13

EURUSD Forecast The EURUSD had a bullish momentum yesterday closed above 1.1200 key resistance. Overall I still prefer a bearish scenario but this fact force me to activate my wait and see mode. The bias is bullish in nearest term testing the lower line of the (violated) bullish channel located around 1.1300 area. A clear break and daily close above that area could trigger further bullish pressure testing 1.1400 region. Immediate support is seen around 1.1170 – 1.1150. A clear break and daily close back below that area would reactivate my bearish mode testing 1.1070/50 or lower. GBPUS...

GBP/USD daily outlook in Experienced Traders Jul 21, 2016 at 08:25

The GBPUSD failed to continue its bearish momentum yesterday topped at 1.3227 and hit 1.3274 earlier today in Asian session. The head and shoulders bearish formation I showed you yesterday is no longer valid. The bias is bullish in nearest term as we may have a false break (below 1.3100) bullish scenario testing 1.3315 region. Immediate support is seen around 1.3180. A clear break below that area could lead price to neutral zone in nearest term retesting 1.3100 key support.

USDCAD in Experienced Traders Jul 21, 2016 at 08:25

Target Level : 1.3025Target Period : 6 hoursAnalysis :Triangle identified at 21-Jul-00:00 2016 GMT-2. This pattern is still in the process of forming. Possible bearish price movement towards the support 1.302 within the next 6 hours.Supporting Indicators :Downward sloping Moving AverageResistance Levels :( B ) 1.3076Last resistance turning point of Triangle.Support Levels( A ) 1.3025Last support turning point of Triangle.

EURUSD,GBPUSD,USDJPY,USDCHF Daily outlook in New Traders Jul 21, 2016 at 08:24

EURUSD Forecast The EURUSD was indecisive yesterday. Price slipped below 1.1000 but still unable to make a clear break below that support area so far. Overall price is still trapped inside range area of 1.1200 – 1.1000 as you can see on my daily chart below but I am expecting an imminent breakout. The bias is neutral in nearest term. Immediate resistance is seen around 1.1050 followed by 1.1100 but key resistance remains around 1.1200. Overall I remain bearish but need a clear break below 1.1000 to continue the bearish scenario targeting 1.0700 region. GBPUSD ForecastThe GBPUSD failed...

Daily pair outlook in General Jul 15, 2016 at 07:35

USDJPYThe Japanese yen shed around 1% against the greenback at the beginning of the day, down on improved risk sentiment as things seem to be settling in the UK, whilst Japanese authorities continued fueling speculation of a new round of stimulus coming soon. Etsuro Honda, a key advisor to Prime Minister Abe, said that they discussed the possibility of the government issuing non-marketable perpetual bonds with no maturity date which the BOJ could purchase directly, a form of "helicopter money." The USD/JPY surged up to 105.93, with intraday retracements holding above the critical 105...

Daily pair outlook in General Jul 15, 2016 at 07:35

EURUSDMain market movers of the day:Markets were a mixture of risk appetite, BOE's disillusion, and strong US data, supporting the case for a bullish dollar, in spite of the currency edging lower against most of its major rivals. Sentiment improved once again during the Asian session, with a weakening yen driving the way on renewed expectations of further fiscal and monetary policy in Japan. BOE's decision to maintain its economic policy unchanged resulted in European currencies rallying against the greenback, with the EUR/USD pair extending up to 1.1164, a fresh weekly high. The pair ...

EUR/USD in New Traders Jul 14, 2016 at 11:43

The EURUSD had another indecisive movement yesterday. The bias is neutral in nearest term probably with a little bullish bias. It’s been a boring three weeks since the Brexit. The market is consolidating and moving sideways but as long as stay below 1.1200 I still prefer a bearish scenario targeting 1.0700. On the downside, we need a clear break below 1.1000 to continue the bearish scenario.

EURUSD	1.08214	GBPUSD	1.2591	AUDUSD	0.663
USDJPY	156.385	USDCAD	1.36464	USDCHF	0.90638

Posts by paidsignal