trustbrokergroup

trustbrokergroup

The pair corrected down yesterday, but the move was on very small volume, so that we can't consider it as a reversal signal, so that long positions are still in priority at the moment. We can enter the market after a stoppage of the correction and a resumption of the growth. A stop loss should be placed below the support 1.2404 - 1.2428. A potential of the deal...

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EUR/USD The local downtrend for the Euro continues as the price broke down the lower boundary of the previous local consolidation. The fall was quite abrupt, but unfortunately it was on small volume, so we can't point out any fresh volume level. It leads to the absence of the place for a stop loss. That's why we need to wait for the appearance of increased/large...

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GBP/USD The Pound also fell down and broke down the previous local consolidation. Despite the confident downward move, which is a good bearish signal, volume on the market is low, so we can't highlight any new volume level or zone. It makes trading the Pound more difficult as there is no a good place for a stop loss.That's why we need to wait for the appearance of...

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XAU/USD The price fell down yesterday, but the move was on small volume, so there was no good place for entering the market. Moreover, we can't point out volume level, so it makes trading XAUUSD a pretty tough task. Anyway, given the confident fall of the price we should give preference to short positions. We can enter the market after the appearance of a strong...

trustbrokergroup

USD/JPY is trading in a small local consolidation under the resistance level of 113.20 now. It is worth noting that large volume is concentrated in this range, so the breakdown of this consolidation will be an excellent signal for entering the market. Considering the presence of a strong uptrend and the fact that the price is testing the resistance once again, it...