The GBP/USD pair is trading below its downward trend line on a 4 hour time frame. The price has crossed below the 20day moving average (shown in pink) which confirms that the bears are picking the steam. However, we are still trading above the 50 (shown in yellow) and the 100 day moving average (shown…
Read MoreCrude oil has bounced from its lows a few weeks ago and the price action since then has shown more strong signals that a bottom has been formed for now. However, one affair which cannot be imprudent is the frailty in the USD and this has put some upward pressure for the crude price. Tail…
Read MoreGold is trading in upward channel on 4 hour time frame. This confirms that the trend is skewed towards the upside and the bias remain towards in the same direction as long as we trading in this channel. We are also trading above the 50 and 100 day moving average and this is a strong…
Read MoreThe USD/JPY trade fell from Our Identified resistance zone on a 4 hour time frame. The resistance zone was given in our analysis on the 29th of January. The risk was 37 pips and the trade is in a profit of 172 pips (approx) which is more than 5 times than what you were risking…
Read MoreAnother successful trade from us, as the the GBP/USD dropped and failed to break from the resistance level which we provided on the 26th of January . The pair fell from Our Identified resistance zone (mentioned below) on a 4 hour time frame.
Read MoreThe USD/JPY pair has eased off from OUR identified resistance zone on a 4 hour time frame. The resistance zone was given in our analysis on last Friday and we have completed the 1:1 risk to reward ratio.
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