EUR/USD analysis for April 06, 2017

EUR/USD analysis for April 06, 2017

Recently, the EUR/USD pair has been trading sideways at the price of 1.0665. According to the 4H time frame, I found horizontal base (trading range) between the price of 1.0628 (support) and the price of 1.0701 (resistance). Short-term trend is bearish and my advice...
Gold analysis for April 05, 2017

Gold analysis for April 05, 2017

Recently, the Gold has been trading downward. The price tested the level of $1,252.00. Anyway, according to the 30M time frame, I have found hidden bullish divergence on the moving average oscillator, which is a sign that selling looks risky. Also, there is a doji...
EUR/USD analysis for April 05, 2017

EUR/USD analysis for April 05, 2017

Recently, the EUR/USD pair has been trading sideways at the price of 1.0670. According to the 30M timeframe, I found broken bearish upward channel and bearish engulfing candlestick pattern, which is a sign that buying looks risky. There is also a fake breakout of...

Pin It on Pinterest

Learn the Art of Trading

Earning Consistent Profits As a Trader Is Not As Easy As Many People Would Have You Believe. Join This Mailing List To Learn The Art of Trading for Free.

You have Successfully Subscribed!