This signal is about EURUSD. Signal Type: Trend Analysis /Harmonic Patterns/ Chart Patterns /EURUSD Forex signals /EURUSD/ eurusdsignals forexsignals forex signals
Though the chart has some short term promise of going short, we are long for the long term. This signal will suit specially swing traders who can benefit from the short term down movement and upcoming swing that may go through the roof.
We are long for JPYUSD though the price pattern reveals a downward movement, we still can expect a short term upward movement.
Time frame : 4h Bias :short We are bearish for GOLDUSD . There may be a small upward move but the pressure is downward.Good luck for the gold traders.
Yesterday we had made a projection on GBPUSD that our bias is long . The matter of facts is the signal is still valid and we still hope GBPUSD will have a short upward move before a sharp down fall.
Though the selling pressure is high , we do not see any edge in the chart. A quick reversal followed by bearish move is possible but we prefer to stay neutral.
Here is an interesting pattern for USDCHF pair. The move is upward. Though there is an equal probability of heading down. Considering the underlying power of USD against CHF, we can believe that the hope is in the upward direction.
The continuous dropping of price has a connotation that the move will still continue. A slight reversal or price correction may occur but there is a great chance of its heading towards own path.
The upward pressure is not very strong. There is high chance that the price will start going down and make a nice road for trend and eventually prove that the trend is your friend. Good Luck.
Here is an interesting GBPUSD Analysis for you. Our bias is toward sell. We believe the price has a tendency to move down and march toward our expected fibonacci level. Best of Luck!
Not all trade setups are equal.This setup has some future as the trend is down.
The price pattern of the chart is interesting . The continuous checks and balances of price movement shows that there is a future for down move.
As the price is still below 200 MA ,we can certainly say that there is some hope for going short after some adjustment in price. If the price continues to go down, the setup can not be consider as high probability.
I am sharing a signal of gold here. I am biased towards short here. After a quick reversal, there is a possibility of a nice home run trade according to our picture.
An interesting reversal point can be seen explicitly from the chart. If you are a day trader or swing trader,this set up will be an interesting price movement story for you.
In daily chart we can see a significant drop which has gone down to the previously respected support levels. If this level is not broken with momentum pressure, there is the hope in other side,as we see in the picture . It may turn out to be a high quality trade.