January 2018 - Forex Trading For Profit

FOREX TRADING FOR PROFIT

Month: January 2018


EURNZD – Head & Shoulders heralds declines ?

AUD?USD

5/5 (1) EURNZD – the current situation on this pair confirmed the downward scenario described in the analysis from January 8 –http://comparic.com/eurnzd-leaves-channel-attacks-neckline-hs-08012017. This is how situation looked like on EURNZD on January 8, when the pair broke the neck line of the formation Head & Shoulders. I expected return of the price to the bottom Read the full article…



USDJPY – Attack on Head & Shoulders Neckline

AUD?USD

No ratings yet. USDJPY – The year 2018 began with quite intense declines, since the opening of Asian markets (some are still celebrating), the pair has dropped 60 pips. On the Daily chart, we can see a characteristic Head & Shoulders formation, where the right arm (113.75) was confirmed by the next lower high created Read the full article…