Wednesday, September 6, 2017
Monday, September 4, 2017
Wednesday, August 9, 2017
EURUSD is in Bearish Retracing Movement, Preparing to be Bullish Again
EURUSD has broken a large
range and hold above it. Now we are having a retracing bearish movement. There
is a support at 1.1713 that could be the target of this retracement. The next
target [Read Full]
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Tuesday, July 11, 2017
Wednesday, June 14, 2017
GBPUSD rebounded to hit of 1.2834-77, further Drop is Coming.
GBPUSD breaks the short term low at 1.2770 and holds below it. Now the pair is moving bullish to retrace. According to long term view the pair breaks the resistance at 1.2705 and 1.2620 and holds above it and now the pair is pull backing to retest the zone at 1.2705 to 1.2620.
Read the full report here >> https://www.preferforex.com/gbpusd-technical-outlook-14-june-17/
A simple FOMC Trade example here
Read the full report here >> https://www.preferforex.com/gbpusd-technical-outlook-14-june-17/
FOMC meeting: dovish or hawkish ? We are preparing for trading are you with me?
A simple FOMC Trade example here
https://www.preferforex.com/forex-trading-during-fomc/
Tuesday, June 13, 2017
EURUSD Trading Forecast Weeky
Big Week for USD, Can USD Resume Its Gain?
ERUSD keep continuing the bullish movement. According to weekly view the pair is moving in a range. It’s moving from the bottom of the range targeting to the top. Now the pair is near a support zone at 1.1300-70. It is expected the price may retest the area and a rejection from the area can make a short term bearish retracing movement targeting somewhere 1.1200. The Bullish movement can be compromised if the price beak the low at 1.1107 that can initiate a bearish movement targeting 1.1000 followed by 1.0910.
It’s a big week 12-16 June 2017, for USD in fundamental view. Forex Calendar is fill with high impact news, events. There are some FOMC events in this week and those will also indicate further strength of the pair.
Saturday, June 10, 2017
UK Election & Winning Trades of +375 Pips – GBPUSD Heading to Next Support
We short on GBPUSD and Made +375 PIPs
During UK General Election the pair GBPUSD has moved strongly to the downside and broken the recent low at 1.2768. In my previous analysis the target of Bearish movement was 1.2775 followed by 1.2620 that has been published on fxstreet. My recommendation was also to short the pair with the target 1.2710 that has also been fulfilled. During the UK Election market breaks the support at 1.2768 and now it is expected the bearish movement will be continued to the second target of 1.2620. It has also a chance to go upside to retest the broken support at 1.2769 and but the break of the recent high of 1.3046 can make the scenario invalid.
Our Forex Trading Signal on GBPUSD was as follows –
Sell GBPUSD from 1.2940, SL 1.3025 TP 1.2850, 1.2760
The signal was sent on 6th June and during election on 8th June the market reach the final target and our members made total +180 PIPs from this signal.
On this evnent we had made total 375 PIPs here the details
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