Free Weekly Trading Ideas

[4XTechnicales]

In this section we will be watching larger time frames for direction continuation, weaknesses, and/or reversals signs.

We will be writing to you our expectations for Forex market pairs' direction for the week a head along with the price levels which by breaking them the pair will cancel or confirm its expected direction.

Failure of expectation level (FEL): Is the level which if pair price break. The full expected pair direction will be cancelled.

Confirmation of expectation level (CEL): Is the level which if pair price break. Expected direction will be confirmed.

Also we will be mentioning in same report the important support and resistance levels the pair might face on the next week.

Well. How can you make use of these articles?

You can use these articles in many different ways.

• You might use them as a guide for you next week trading planes.
• You may use the FEL as you stop loss level, and use the CEL as you stop loss trilling levels once pair started to move on your favor.

 

[stephen2003]

the idea seems good,
let me give it a trial and we can take it from there.

In this section we will be watching larger time frames for direction continuation, weaknesses, and/or reversals signs.

We will be writing to you our expectations for Forex market pairs' direction for the week a head along with the price levels which by breaking them the pair will cancel or confirm its expected direction.

Failure of expectation level (FEL): Is the level which if pair price break. The full expected pair direction will be cancelled.

Confirmation of expectation level (CEL): Is the level which if pair price break. Expected direction will be confirmed.

Also we will be mentioning in same report the important support and resistance levels the pair might face on the next week.

Well. How can you make use of these articles?

You can use these articles in many different ways.

• You might use them as a guide for you next week trading planes.
• You may use the FEL as you stop loss level, and use the CEL as you stop loss trilling levels once pair started to move on your favor.

 

[4XTechnicales]

Weekly Outlook for GBPUSD

Bears still having the upper hands on that pair after its break of the major support at 1.7406.

GBPUSD formed a lower support at 1.4465 and started on last week to retrace moving up. But bulls lost their appetite to continue moving up after they faced the strong supply at 1.5000 at which pair had formed a double top on previous month.

By being under this level (1.5000), we expect a break under latest bottom at 1.4465. But breaking above it will open the way for the pair to test strong resistance at 1.5260.


Trading Strategy

We might look for a reversale indecations to short the pair from 1.5260 with stop loss at 1.5500.

 

[4XTechnicales]

USDJPY Weekly Technical Outlook

Japanese Yen is in a clear down trend since the mid of last month.

Continuation of down trend is something highly expected as long as we stayed under last top at 94.00.

Trading Strategy

We will be looking to short USDJPY with a stop loss at 94.00 and our first and clear target will be the latest support at 88.25.

 

[Yugal Kishore]

The Advance Market Commitment (AMC) is a USD 1.5 billion carrot to industry. The whole experiment rides on setting the “right" price. Too high, and AMC could end up as a giant subsidy to drug firms. Too low and companies might not take the bait.

Though the concept of AMC has been around for over a decade, such an aid financing model has never been tried before. In its current form, it originates from a 2005 proposal by Harvard economist Michael Kremer and Ruth Levine of the Center for Global Development in Washington DC. This pilot AMC project aims to make pneumococcal vaccine available to the poor.

 

[4XTechnicales]

GBPUSD Reversal Confirmation

GBPUSD Reversal Confirmation

Right now the pair changed its mid term direction by breaking above latest high at 1.5500.

GBPUSD today confirmed its up trend by that break. Now it is targeting resistance areas at 1.5882, 1.6400, and then 1.6650.

Trading Strategy

Long GBPUSD with a stop loss level at 1.5203 and 1.5600 as its first target.

 

[4XTechnicales]

22 - 26 EURUSD Weekly Technical Outlook

EURUSD

Last week EURUSD went north after the break of the strong resistance level at 1.3250.

But it had been face with a strong supply forces at 1.47, and went into a correction phase.

The pair should keep this bullish outlook as long as price remains above 1.2550.

Trading Strategy:

We will keep an eye for any reversal signs the pair might show at 1.3550, 1.3324, or 1.3114.

 

[4XTechnicales]

22 - 26 GBPUSD Weekly Technical Outlook

GBPUSD

The same like EURUSD Last week, GBPUSD went north after the break of the strong resistance level at 1.5532.

But it had been faced with a strong supply forces at 1.5750, and went into a correction phase.

The pair should keep this bullish outlook as long as price remains above 1.4465.

Trading Strategy:

Long GBPUSD @ 1.4830 with a stop loss at 1.4774 and our first targte will be at 1.5750.

 

[4XTechnicales]

22 - 26 USDJPY Weekly Technical Outlook

USDJPY

USDJPY did what we exactly expected last week.

Since it went down breaking previous low at 88.50 and it should keep this strong down trend as long as it is under 91.60.

Trading Strategy:

Short USDJPY @ 90.20 with stopl loss at 91.60 with a target at 87.14.