By

James Blut
EUR/USD: In last 24 hours price drop down and break strong daily support at 1.1510. At the moment price moving in the range of 10 pips for the last 15 hours.  We expecting that today price will hit next support at 1.1432 so around 40 pips lower from now. We will looking for the sell...
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EUR/USD: We are still looking for potential intraday target at 1.1430 ( 110 pips target ). Areas of consideration: A fakeout of the current H4 supply zone to bring in sellers from September’s opening level at 1.1595/round number 1.16 is a possibility today (yellow zone represents a fakeout area). A short from 1.1600s would place...
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EUR/USD: Weekly Gain/Loss: -1.23% Weekly Close: 1.1602 Weekly perspective: Last week candle formed as BEOB – engulfing bar at resistance as it means that on 1.1800 a lot of sellers jump in the short positions. On Monday this week price just ranging from the H4 resistance at 1.1622 to the H4 support at 1.1570. Daily...
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EUR/USD: Let’s check Eur/Usd the most tradable forex pair. Weekly perspective: Last week pair moves from the high 1.1815 to the low 1.1570 so in the range of 240 pips. At the and of the week we have formed BEOB candle as strong signals for more bearish trend for this week. Daily perspective: As we...
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Symmetrical Triangle A symmetrical triangle is a chart formation where the slope of the price’s highs and the slope of the price’s lows converge together to a point where it looks like a triangle. What’s happening during this formation is that the market is making lower highs and higher lows. This means that neither the...
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The Pin Bar Setup I bet you have seen many pin bars on your Forex charts. Maybe you haven’t been aware that you are looking at a pin bar formation, but you most likely have come across this candle on the chart Bullish Pin Bar A valid, tradeable bullish pin bar is located at the...
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EUR/USD: From an open of 1.1736 to a close of 1.1640, the single currency concluded Thursday’s sessions down -0.8%. USD bulls were firmly on the offensive in recent trade thanks to robust US data and a recovery in yields. According to the latest GDP report, the US economy expanded at its fastest pace in nearly...
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