1-Investments in financial products such as-trading foreign exchange -FOREX- on margin carries a high level of risk, and may not be suitable for all investors, the high degree of leverage can work against you as well as for you, before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite,any investment should only be done with risk capital.
2-Prices rise and fall and my past performance is no assurance of future performance.
3-I have no warranties or guarantees for my recommendations ,so I'm not responsible for any losses caused by them, you are free to follow them or not but I recommend to use my analysis as an additional tool to your trading style for more confirmations...
Outlook in EURUSD remains on the downside as long as resistance 1.3458 holds on a daily closing basis , support comes at the 1.3390 levels , sustained trading will open 1.3310 next , further losses will aim the 1.3220 levels……..
On the upside , resistance comes at the 1.3458 levels ahead of the 1.3529 levels (main) , break of 1.3529 on a daily basis will turn outlook neutral for retesting the 1.3561/1.3627 levels before the next fall…….
In all , as long as resistance…Continue
Outlook in GBPUSD remains on the downside as long as resistance 1.7000/1.7040 holds on a daily closing basis , next support comes at the 1.6965 levels , losing this level would open 1.6900 next , further downside will aim the 1.6825 levels…….
On the upside , resistance comes at the 1.7000 levels ahead of the 1.7040 levels ( main) , break of the 1.7040 levels on a daily basis will turn outlook neutral for retesting the 1.7082/1.7143 levels before the next fall…
In all , as long…Continue
Outlook in EURUSD remains on the downside as long as resistance 1.3490/1.3548 holds , support comes at the 1.3458 levels , losing this level would open 1.3390 next , further downside will aim the 1.3310 levels…more losses will pave the way towards the 1.3220 levels……
On the upside , resistance comes at the 1.3490 levels ahead of the 1.3548 levels, break of the 1.3548 levels on a daily closing basis will open the 1.3627 levels before the next fall….
In all as long as resistance…Continue
Outlook in AUDUSD has tuned to the upside as long as support 0.9420/0.9380 holds on a daily closing basis , resistance comes at the 0.9461 levels , sustained trading above this level would recapture the 0.9504 levels , If this important resistance is taken out , expect the pair to strengthen further towards the 0.9550 levels , further upside will aim the 0.9620 levels….
On the downside , support comes at the 0.9420 levels ahead of the 0.9380 levels ( main) , losing this level on a…Continue