girolamoaloe

girolamoaloe

If the price will break the support, as the weekly chart suggest, it will move down to test the key support of ~99.87. In this analysis I want to show you a possible Scenario for the middle term, regarding USDJPY break down. A retracement until the key support, before to move up, was also expected. Then it's not a wrong idea to be prepared for a price movement...

girolamoaloe

There is the possibility that the price will break the support, following the pattern. In this case we should be prepared to enter short also because it is the simplest scenario, considering also the tail of today, that you can see in the daily chart. But it is a possibility, because we also need to consider the long tail and the up movement of May 23 and it can...

girolamoaloe

If the price moves under the area 1.50328-1.50141, the down trend will continue. It is interesting be prepared for this possibility. In the next days there is also the possibility to have a retrace back up that can be used to join to the bearish trend, but the risk here is higher, then in this case it's better to wait a specific price action sell or an up movement...

girolamoaloe

Middle term short investment. EURUSD shows in daily chart 2 short signals (long tails) in the last days. Watching the situation there is a possibility that the price could reach the annual minimum in June/July. A good opportunity for middle term, finding the right entry point, could be a short trade with target around 1.27512.

girolamoaloe

Hi, the AUDUSD price could move down below the key support of ~0.96 . Here you can see a possible short trade in a chart where supports and resistances are clear. Another scenario is a retrace back to 0.96970.