LATEST ARTICLES

😎 USD/JPY, GBP/JPY Corrective Patterns Could Soon End 😎

Posted On 29 Nov 2017
By :
Comment: 0

Dear Traders,

the USD/JPY is at a critical 50% Fibonacci level which could be a key bouncing spot for a long-term uptrend. The key factors are whether price will break above the downtrend channel and whether price will break above the ABC target at the 38.2% Fibonacci level. A larger bearish correction could price fall towards the 61.8% Fib.

The GBP/JPY could have completed a wave 4 retracement and price is breaking above local resistance. A new uptrend could be on its way although a larger resistance level of the triangle still remains a key zone.

See the video below for all of the details

(more…)

Source:: 😎 USD/JPY, GBP/JPY Corrective Patterns Could Soon End 😎

About the Author
Elite CurrenSea (ECS), founded by Chris Svorcik & Nenad Kerkez, is an award-winning Forex, CFD & Cryptocurrency trading solution provider. [space height="20"] Nenad & Chris offer market analysis, free education and proprietary trading systems. Their combined trading experience of over 30 years helps them to navigate the markets applying their favourite Wave Analysis Theory (Chris Svorcik) and Camarilla Trading Method (Nenad Kerkez). [space height="20"] You can learn more about the service provider through their website HERE

Leave a Reply

*

[adrotate group="2"]
[adrotate group="15"]

InstaForex – Market Analysis

<a href="https://www.instaforex.com/">Forex Portal</a>

Like Us On Facebook

[adrotate banner= "75"]

Follow on Stocktwits

Follow Us on StockTwits

Connect

facebook
twitter
google-plus
youtube
linkedin
rss
Copyright © 2015 Forex Alchemy. All rights reserved.
Forexalchemy.com is made available as an online source of Foreign exchange trading information and related-materials only. By using ForexAlchemy you acknowledge and understand that we are not soliciting participation in Forex trading. You also acknowledge and agree that there are large potential risks associated with investment and trading activity and that you have accepted such risks before deciding to invest and before deciding to use ForexAlchemy as a source of trading-related information and materials. Please read our full disclaimer and terms of use before using this website:
Disclaimer & Terms of Use     Privacy Policy