Community Blog

Filtrado por etiquetas:  Years
Avatar

EUR/PLN Still in that Multi-Year Range

The 5.5 years long range in the EUR/PLN is still in play. Since the start of 2011 this pair has moved without a clear trend or direction. We opened 2012 at 4.4464 and we're currently quoted at 4.2518. This is around 4.3 percent, a negligible amount for several years of trading in forex.
On the weekly chart above we see the multiple years range the pair has been stuck in. The high of this range is at 4.60 while the low is at 3.95. But these are only the price extremes. The majority of the time th…
Ler história completa
Traduzir para Inglês Mostrar original
oudeixar comentários
Avatar

GBP/CAD BREAKING RANGE

Charts: 1 Day,1Week.
Indicators
: Fibonacci Retracemets;Support & Resistance Levels,Trading Patterns,EMA 200.
Current Level : 1.6638
GBP/CAD was in a 3 years RANGE that was broken on 10 th September this month and from which we can expect the start of a strong bullish trend. Also the breaking of the Exponential Moving Average 200 on 1 Week Time Frame is a very strong buy signal for the cable.As a result i expect a long run for at least 600 pips until the major resistance zone folo
Ler história completa
Traduzir para Inglês Mostrar original
Daytrader21 avatar

This one should be big if we can get up there

Metal_Mind avatar

UPDATE1 : Wrong prediction ,direction ,trend. The pair was in a strong 300 pips bullish trend quite opposite to my wiew.I will wait for market open to see and anricipate further direction.

Metal_Mind avatar

UPDATE2 ; VERY GOOD PREDEICTION. The prediction recoverd and made a long bull run finding resistance at 1.6968 more faster than i predicted but it is retracing now.

oudeixar comentários