What ProAct Forex Target Traders See: We are currently sitting @ 1.1208. Looking to see how strong the reaction we get here. We are looking for a bounce back to the 0.382 fibo @ 1.1468 and maybe higher to 1.1564.…Continue
I have just a basic knowledge of Ichimoku so would welcome any comments from experienced users.…Continue
USDCAD: Extends Bullish Offensive
USDCAD: With price extension seen the past week, USDCAD faces further bullishness in the new week. However, a corrective pullback may develop following its recent upside run. On the upside, resistance is…Continue
EURUSD sold-off beneath 1.4 following ECB decisions regarding QE. We see pair in strong impulse down from 1.1680 that can be fifth wave, but that's not important at the moment. Important is the substructure of a current decline! We need five…Continue
Daraghi dragged euro down. No good news in medium term for euro. To be purely technical, I am watching this pair to fall more today. 4Hr Chart,1Hr chart are showing bearish picture. If a pull back occurs then it may capped by 1.1420 level. Intra…Continue
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