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GBP/JPY broke two down trendlines and the upper line of the pennant formation. Everything is ready for the buy signal. Almost everything, as we still need to break the horizontal resistance around the...
We start this video with a very nice setup on the USD/JPY, where we do have a false breakout about the long-term horizontal and dynamic resistances. We also created a double top formation and broke...
EUR/JPY is very close to end the mid-term flag, which is a trend continuation pattern of the main long-term up trend. Along with the upper line of this formation, for the buy signal, the price has to...
Today, we have something great on the weekly chart, so this is a setup for a long-term, position investors. In this situation, we have everything: price pattern, candlestick pattern and more! All...
EUR/USD spiked overnight after the EU members reached the agreement on migration. Maybe not so much of an economic news but, as we can see, influential, thanks to the low volatility during the Asian...
Head and Shoulders on the EUR/USD from yesterday worked like a charm and allowed the price to drop 100 pips lower. That was a beautiful setup straight from the Price Action Bible. Now, the price is...
Today we can see a good occasion for a weaker Euro. We do not have proper trading signals yet, but three pairs are very close to have those in the nearest future.EUR/USD created a head and shoulders...
Since the last week, EUR/USD is going higher, using the bounce from the long-term up trendline and a double bottom formation. The upswing stopped on the combination of the mid-term down trendline and...
The last two weeks were very busy in terms of the macro calendar. We had many important numbers and events, mostly from the major central banks and bankers. This week, will be a little bit more quiet...
The last two weeks were not very pleasant for the price action traders. The market was even more unpredictable than usual. This week brings us more technical movements and I bet that many of you are...
What a move!USD took us for a rollercoaster ride and it was a good one! First, USD was stronger after the FOMC, then weaker and then stronger again also due to the weakness of the EUR from the ECB....
After the hawkish FOMC, USD strengthened... but just for a while. Then, the price reversed pushing the dollar index and USD/JPY lower and Gold and EUR/USD higher. Thanks to those movements, on few...
For the FX traders, today is all about the FED and all the events surrounding this institution like the rate decision, statement and economic projections. Ahead of that, USD is getting stronger and on...
Today, three setups, where we still have to wait for the breakouts but once they happen, we should receive very reliable trading signals. First instrument is the USD/CAD, where the price is locked...
Russia is currently in the news mostly due to the World Cup. Before that, Russia was mentioned in the political context, sanctions etc. Not very often we can read something about the local currency...
Friday is a real feast for the price action traders and we can find three great setups, that have high chances for sweet profits. First one is the EUR/USD, which on a daily chart bounces from the...
USD/JPY is enjoying a good bearish situation but there is no sell signal yet! For that, we need to see the breakout of the neckline of the head and shoulders pattern, which can be now seen on the...