Gbpusd is forming a strong consolidation on daily chart it is also forming a multiple hs pattern it is advisable for the traders to keep close eye on the next neckline resistance of 12746 break of this level will give a confirmation of further upside. Welcome to dacapitaltrading we provide any kind of technical and fundamental analysis for forex and crypto currency markets every day.
Forex Trading Audnzd Technical Analysis June 17 2019
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June forex chart. Eurusd is forming flag pattern may test 13470 soon. Reasons for open position. As stated in above chart eurusd is forming a flag pattern on an hourly char flag is a continuation pattern if it forms in a bullish trend it is expected that pair may remain in a northward territory.
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Forex markets have been impacted by different factors in the last months but june is starting to show some signs of more volatility. Kitcos senior analyst jim wyckoff provides technical analysis of the major global currencies including the us. Welcome to dacapital trading we provide any kind of technical and fundamental ana! lysis for forex and crypto currency markets every day.
!Daily over 60 pullback of previous elliott wave and range. 1 hour strong bullish market right now forming new highs. Multiple hs pattern breakout in gbpusd if breaks 12746 can test 12813.
1 hour very bullish market open and price movement. 4 hour bullish breakout with strong buyers pressure. Forex signal provider in price level touch 111900 then we can open buy low risk.
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