Category Forex

GBPUSD, August/8-11, Daily. Expecting a deep dive

GPBUSD is in a big, perfect downtrend. 1.3200 becomes an important resistance and price is very weak, just hovering above the major support at 1.2950 level. With the confirmation of the MACD bearish cross on daily chart, I am expecting…

EURUSD, Daily, Stop Sell expecting a fast drop

EURUSD was rejected at 1.17 level, and down to the critical support zone. On the daily chart, the downtrend is perfect. If the support zone at 1.15 level is broken, we can expect a fast drop for the coming days.…

GBPUSD, Daily, June/11-15, Short, Hit Resistance

GBPUSD sees resistance at 1.347 region and if price goes below 1.3329, it may indicates downtrend resumes. Pair GBPUSD Action Sell Stop Open Price 1.3329 Stop Loss 1.3434 Trailing stop to breakeven Take Profit 1.3079 Risk-reward ratio: 2.381