Turkish lira potential correction on the way ? From my last post on 20.8.2015 :USD/TRY made sharp move this early morning and climbing to 3.0 area.we could see that the strong move today suggests lira selling could be related to triggering digital options at the 3.00 mark in an liquid market, we need to watch how the trend will continue later on cause im…
eurusd pattern appears in the charts trade the trend for short period ,i see pattern that suggest long opportunity to 1.1350-80 area as long the pair above 1.1160 ,if you want to be more sure wait till eurusd will break up 1.1280 area In the bigger picture,Break of 1.0461 will extend the decline .On the upside, break of 1.22 area support turned resistance is needed…
Will Gbpusd heading south to …..new numbers ??? sideways volatile seen at this pair, but for the last month trading in a bearish sentiment.now sitting at support and as data has not really been negative, there is a decent chance support will hold but for my opinion it will break it down Initial bias remains on the downside this week for 61.8% retracement…
AUDCAD breaks long standing support Several things about the trend of the AUDCAD cross You can see that in recent years we have witnessed, with two major correlations, sufficient identity both major pairs, related, commodity prices significantly, and they are:Australian dollar, versus the gold priceCanadian dollar, versus the price of oilWhen correlation is : when the price of goods goes down,…