Key Support: 109.07 Key Resistance: 109.70 – 110.25 The USDJPY has been in a bullish momentum for the past 3 weeks with the last 2 weeks being stuck in a range. After the double bottom at the previous 2 week´s lows price surge to the 109.70 level but has since then pulled back on a […]
I´ve been postponing doing this because I really wanted to show you in a very detailed post what our VIP signals are all about. I´m going to share screenshots of our myfxbook that tracks our performance. If you don´t know what myfxbook is well it´s a 3rd party results verification for forex brokers and gives […]
Key resistance: 109.00 Key Support: 108.40 – 107.60 The USDJPY has been in a bear market since the beginning of April having gone from 111 to 107.50 in 23 days (-3.12% move). After this move it retraced back to retest the 109.70 level which confluences with the 61.8% pullback of the entire move down. This […]
Key Support: 108.85 – 108.75 Key Resistance: 109.65 The USDJPY has been trading inside of a very structured bullish market for the past week and we are looking to capitalize on a dip buy to test the previous key level and the bottom of the structure. In the long term we are still holding our […]
Key Support: 1770 Key resistance: 1783.50 – 1800 Gold is in a mayor bullish move since it bottomed at 1678 at the end of march following a very stable structure. Based on Elliot Wave, we are approaching the end of wave 4 which is the second pullback on a 5 wave bullish move. Right now, […]
Key Resistance: 150.10 Key support: 148.50 – 146.50 The GBPJPY has broken with a 5-month long bullish structure and is now retesting the back of this structure giving us the opportunity to go short here on a possible bearish continuation. In the short term, this pair is making lower highs and lower lows since it […]
Key Support: 62.60 – 62.00 Key Resistance: 64.00 – 66.00 – 68.00 Crude Oil has been really bullish since the lockdowns rules have eased around the world. With higher demand for petroleum based products and OPEC output cuts to level the oil markets and sustain prices we have seen a big rally from the pandemic […]
Key Support: 1.3654 Key Resistance: 1.40 – 1.420 The GBPUSD has been rallying since it bottomed at around 1.15 back in January 2020. The 1.3500 zone was a struggle for buyers since this level was the retest of the post Brexit lows break. Historically a KEY level. In the shorter time frame price is trading […]
Key Support: 20.00 Key Resistance: 20.55 – 20.90 -21.60 The USDMXN has been in a very strong bearish move for more than a month since it peaked back in March 8th. That´s a -7.35% move. This level is also the 0.764 pullback of the last long term bullish move. Also, this last 5-week bearish move […]
