Recent content by ajpipsmaker

Well, I doubt that we can see the GBPUSD pair above 1.6821 this week. It is only possible if the fed comes out dovish, which I think is very less likely. A break above the 1.6744 level may renew the uptrend for sure. And, a break below 1.6640 may call for further losses in the pair.

GBPUSD is on a verge of a breakout, in my opinion. I read an analysis on some other forum forex-business. There is a guy named Usman. He in a post commented that the pair might trade higher from the 1.62060 level. He basically pointed out the importance of the 100 day moving average. I opted...

I am really annoyed by the CAD to be very frank. I never expected the CAD to decline so heavily. The recent rise in the USDCAD is very surprising to me. I was not selling, but I was looking to buy, but the pair kept rising, and never gave me the opportunity to enter long trades. Now again, I...

Very aggressive call for the USDCHF. I think the 0.9160 level is very crucial for the pair in the short term. The pair might struggle to take out this level. This is just my view. A break above 0.9160 may call for a test of the 0.9200 level, in my opinion. The EURUSD inverse correlation to come...

The EURGBP is no doubt under serious bearish pressure. After the today's retail sales data, the pair collapsed and traded a lot lower. I am waiting for some retracement to enter shorts. However, I have a doubt that the pair will retrace substantially. The positive thing is that the Euro is...

Wow, very interesting chart with a prediction for a move down to the 1.6250 area. The pair did fell today, but has managed to recover some of the lost ground, and is currently trading around the 1.6435 level. The pair is range trading, in my opinion, and as you have mentioned, I also think that...

I have read on many other places that the 1.3700/10 is very critical resistance for the pair. Can anyone explain me why this is so important for the pair? I am looking for an answer. I am new here and trying to learn few things in the Forex world. I am sorry if I am hijacking the thread...

Very well pointed out my friend. I was surprisingly long from the 0.8950 level, and closed the trade with almost 100 pips gain. I am not an expert, but I saw a break in the pair, and so I took advantage of it. The 0.9080 level is a critical resistance level, in my opinion, and the pair might...

Very nice analysis I must say. I am NFP lover, and I follow this event very closely. I am sure your take on the upcoming event will help me a lot. I have a long AUDUSD setup running currently from the 0.8880. Let's wait and watch the outcome of NFP tomorrow. Thanks for sharing the analysis.

Hello Everyone... Hello Guys :) Just came to say hello to everyone. I am a newbie on this forum. I am also new to the Forex world..:) I find it very interesting. I would love to gain some Forex knowledge. I hope you guys will help me in achieving my goal. I also have a little of my...