1mn with ForexSurvivor
AUDCAD Back & Forth,
Its winning and losing streak are lost, in dilemma, and perpetuate. If one indicator is up, the second is down, one time frame trend is down, another is up, can’t be topped, can’t be nailed, and can’t be bottomed! Complete nuts!
Technically, let’s filter those nuisances into simple myth of art:
1. The hourly chart, shows an uptrend channel between 24 Jul & 06 Aug.
2. After 06 Aug & Forth, a downward channel is penciling.
3. Both channels converge at 1.0175, slightly below the double top @1.0188 of the last two days.
4. As long as no close above 1.0188 is triggered, and as long as a rally performs a print at 1.0165, the cross is sellable targeting 1.0080
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
AUDCAD Back & Forth,
Its winning and losing streak are lost, in dilemma, and perpetuate. If one indicator is up, the second is down, one time frame trend is down, another is up, can’t be topped, can’t be nailed, and can’t be bottomed! Complete nuts!
Technically, let’s filter those nuisances into simple myth of art:
1. The hourly chart, shows an uptrend channel between 24 Jul & 06 Aug.
2. After 06 Aug & Forth, a downward channel is penciling.
3. Both channels converge at 1.0175, slightly below the double top @1.0188 of the last two days.
4. As long as no close above 1.0188 is triggered, and as long as a rally performs a print at 1.0165, the cross is sellable targeting 1.0080
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
Recommended Content
Editors’ Picks
EUR/USD regains traction, recovers above 1.0700
EUR/USD regained its traction and turned positive on the day above 1.0700 in the American session. The US Dollar struggles to preserve its strength after the data from the US showed that the economy grew at a softer pace than expected in Q1.
GBP/USD returns to 1.2500 area in volatile session
GBP/USD reversed its direction and recovered to 1.2500 after falling to the 1.2450 area earlier in the day. Although markets remain risk-averse, the US Dollar struggles to find demand following the disappointing GDP data.
Gold climbs above $2,340 following earlier drop
Gold fell below $2,320 in the early American session as US yields shot higher after the data showed a significant increase in the US GDP price deflator in Q1. With safe-haven flows dominating the markets, however, XAU/USD reversed its direction and rose above $2,340.
XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger
Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP.
After the US close, it’s the Tokyo CPI
After the US close, it’s the Tokyo CPI, a reliable indicator of the national number and then the BoJ policy announcement. Tokyo CPI ex food and energy in Japan was a rise to 2.90% in March from 2.50%.