ForexSurvivor
Always in the market signalling 40 different currencies with spread less than 35pips, 10 Equities, Crude Oil, & Gold.
(15September Europe) Latest Impact: Yen Crosses Trendlines on Scene!
Yen crosses are approaching August to the first week of September resistance trendlines which may allow ‘false-break’ studies. The yen crosses scenario is bearish. EURUSD & USDCHF has formed a squeezing wedge that leads to setback & rally consecutively to 14440 and 10500. It is suggested avoiding the trade against the trend for now. NZDUSD may falter against 7050 to retrace back below yesterday low, and only a break above last week high nullifies the bearish scenario. Gold is giving up partially its gains and the market price may slide to 975 before a bounce attacking a new yearly high. Only a close back above 1007 nullifies the retracement scene.
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The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****
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