Hi Traders, hope you all had a profitable trading Wednesday, let's continue today. Take a look at GBP/USD. Price has clearly bounced from Support line and now is heading up as Bulls take control. Let us know what you think and don't forget to follow us for more ideas :) Good luck !
EUR/USD is trading near strong Support line and is about to make a move up. If we take a look at 4H candles we can see that the couple of last candles are signaling that the Bears is running out of power. This mean there is low possibility of price breaking below this Support that has been tested many time. Let us know what you think and make sure you follow us...
USD did see some weakness last two trading days this week against CHF however bears are going to test horizontal support line that has not been broken since 27th of March. Possible entry if price bounce from the support - 0.9260 . TP1 - 0.9711 TP2 - 0.9789 SL - 0.9545
We don't usually post BTC ideas but lets give it a go this morning. Price is forming a nice Descending Triangle on 1H chart. There is a possibility that we could see down movement in next couple of hours. Let us know what you think ! Good Luck !
We are considering both scenarios for NZD/CAD because Ascending Triangle has coming to end and that's why we are putting two pending (both directions) orders if either of the triangle lines are broken. But be careful to put the entry too close to the broken line. Good luck !
XAU/USD has recently bounced from horizontal support and targeting recent highs around 1735$.
Hi Traders, NZD/USD price has been nicely bounced of the resistance line and now is going down to test the support. Entry - 0.60457 TP1 - 0.59886 TP2 - 0.59308 SL - 0.61775 Follow for more signals here and on Twitter @triple_pips. Good Luck !
Hi Traders, hope you all have a fantastic Sunday afternoon. In the 4H EUR/USD chart we can see that the Symmetrical Triangle has been broken Friday. As that count as a Breakout we believe that the price will only go up in long run. We are putting our target at 1.12500. Let us know what you think.
Hi Traders, hope you all have a fantastic Sunday afternoon. Today we take a look at NZD/CHF price forecast for next week. Since 19th of March price has been in nice Ascending channel. Support line of this channel has been tested couple of times since the start of channel. However, we here at Triple Pips think that the biggest test is going to happen in start of...
Possible entry for next week around 1.24929 if support is broken. Target 1.23458.
Price has been broken through support line and it is possible for more bearish movement targeting 1.9200