This is my first time here, hopefully I’ll be posting some recomendations by 12 today Local time in Dubai
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This is my first time here, hopefully I’ll be posting some recomendations by 12 today Local time in Dubai
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That being said, I suggest that you follow my recommendations (that is if you like) on a Demo account before taking the plunge with your hard earned money
But here is a run on the last recommendations
EUR/USD: once the support 1.4705 broke, the pairs dived to 1.4575
GBP/USD: indecisive with no follow through in either direction, very narrow range
USD/CHF: bounced of 1.1297 and spiked up to 1.1450
USD/JPY: bounced from 111.40, not a real break of the 111.50
Here is a bit about me: I’m an Arab and currently working from the UAE but I have many customers from the US and Europe; my e-mail is greekguy1964@gmail.com if you wish (or any one else) you can write me and I’ll add you to my mailing list to get word and pdf format files of my research with charts
Words of advice, if you’re new to this, watch out for the month of December (especially the second half) or go on vacation. Due to the many holidays and the fact that many fund need to close square there books by year end, the market will be thin and extremely volatile (like a roller coaster). You need guts of steal
Good Luck, God Speed
Strategy is to buy a bounce of 1.4635 support
Strategy is to buy a bounce of 2.0350
Strategy is to buy a bounce / sell a break of the support level at 1.1265
Strategy is to sell a failure to break the resistance level of 112.15
The MACD is after a bullish cross when the fast line crossed the zero line upward
The RSI is pointing upward
The MA’s are after a bullish cross
GBP/USD
Strategy is to buy a bounce of 2.0400
The Bullish trend seems to ran out of steam
The MACD are after a bullish cross but the fast line didn’t break the zero line upward
The RSI is balanced
USD/CHF
Strategy is to buy a bounce of 1.1230
The RSI is in a down trend
The MACD is after a bearish cross pointing downward
The MA lines are after a bearish cross
Next support stands at 1.1230
USD/JPY
Strategy is to buy a bounce of 111.10
The RSI is signaling a minor bearish trend
The MACD is heading for a bearish cross.
The pair still trades above the 20 MA line
Support: 1.4642 1.4620 1.4609 1.4578 1.4545
Resistance: 1.4675 1.4698 1.4718 1.4745 1.4772
Recommendation: Buy Euro above 1.4645 with a target at 1.4710 and a stop loss at 1.4600
GBP/USD
Support: 2.0280 2.0265 2.0230 2.0210 2.0183
Resistance: 2.0320 2.0341 2.0363 2.0387 2.0409
Recommendation: Buy Sterling below 2.0285 with a target at 2.0380 and a stop loss at 2.0235
USD/JPY
Support: 111.20 111.03 110.80 110.63 110.37
Resistance: 111.85 112.05 112.27 112.50 112.77
Recommendation: Sell USD/JPY below 112.15 with a target at 110.70 and a stop loss at 112.80
USD/CHF
Support: 1.1255 1.1230 1.1211 1.1187 1.1165
Resistance: 1.1310 1.1333 1.1358 1.1376 1.1393
Recommendation: Sell USD/CHF below 1.1300 with a target at 1.1200 and a stop loss at 113.40
USD/CAD
Support: 1.0048 1.0024 1.0000 0.9976 0.9953
Resistance: 1.0077 1.0100 1.0122 1.0139 1.0160
Recommendation: Sell USD/CHF below 1.0070 with a target at 0.9970 and a stop loss at 1.0125
GBP/JPY
Support: 226.86 226.53 226.08 225.59 225.35
Resistance: 227.35 227.74 228.29 228.79 229.29
Recommendation: ????
EUR/JPY
Support: 163.47 163.20 162.97 162.66 162.39
Resistance: 163.74 164.04 164.31 164.58 164.89
Recommendation: ????
EUR/GBP
Support: 0.7210 0.7195 0.7181 0.7170 0.7159
Resistance: 0.7220 1.7230 0.7245 0.7260 0.7270
Recommendation: ????
we are waiting bro