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  1. #1
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    Default Look at these charts this week


    GBPUSD_e is currently rallying around 1.33423. On the 1 Hour Chart , the previous candle closed above the previous 52 Period Exponential Moving Average.
    This is a possible Indication that we are in an active up trend . This trend is supported by the fact that the price is above the previous day's Lowest Low 0.00000
    . While we continue to see a sustained move above 0 we expect a surge much Higher with an Ideal Target at 1.24213. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 1.21751.

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  3. #2
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    AUDUSD


    AUDUSD_e is currently rallying around 0.73534. On the 1 Hour Chart , the previous candle closed above the previous 52 Period Exponential Moving Average.
    This is a possible Indication that we are in an active up trend . AUDUSD_e is currently in a range, not going above the previous day's highest high 0.7367,or the previous day's lowest low 0.72523. If the price breaks above 0.7367 then we will consider a long term buy with our target at 0.62001. And on the flipside, a sustained move below 0.7367 will attract sellers with an ideal target around 0.55064

  4. #3
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    USDMXN


    USDMXN_e is currently rallying around 21.80748. On the 1 Hour Chart , the previous candle closed below the previous 52 Period Exponential Moving Average. While we continue to see a sustained move above 0 we expect a surge much Higher with an Ideal Target at 0. At this point, Sell Positions looks ideal and can be recommended with an ideal take profit 0

  5. #4
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    Default

    GBPUSD


    After breaking above the reistance level on the 4 hours chart expect further momentum to the upperside towards the next level

  6. #5
    Senior Investor Uncle Gober's Avatar
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    Good analytical skills will indeed be needed by traders to be able to see the opportunities and risks that exist when carrying out trading activities on a real account to become Tickmill's trader of the month.

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