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EURUSD has been moving sideways between 1.66 and 1.56 1 hr chart as i see no strong signal for EUR to continue its upward trend until now so i tend to take range trade and go short EUR target 1.56 .
RSI is neutral and ADX doesnt show strong trend so it support my opinion and currently it stand on 23.3 level on Fibonacci using daily chart .
tomorrow news may give us signals to our new positions >

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GBPNZD 12-11-2017

Yoyofx Posted 12 Nov in #Trader's blog

GBPNZD has been moving in range between 1.91 and 1.88 last week after dropping from 1.94 at 1 November technically i find that GBP have portability for more drop with NZD but range trading still prevail as ADX at 20 and RSI doesn't give a signal at 4hr chart breaking or reteaching from 1.9 level will decide my position especially with the upcoming important news for GBP within this week but if news is neutral i may take short to 1.89 .
This week gonna be hot with the news

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USDjpy 11-11

Yoyofx Posted 11 Nov in #Trader's blog

USDJPY has been moving Sideways the last week between 114.3 and 113 as we see those points are so tough resistance and support but i see ADX is currently at 23 1D chart and RSI is neutral but if we looked at the pairs history we find that USD almost tested it 3 times and this time is the fourth if it could break it it will fly to 118 levels or if usual it failed to break it will go to test 112 - 109 level again or even 108 .
this week we are waiting for important news for USD CPI and Unemploym…

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