Blog Archive

TICKMILL-One of the best Broker

To get a perfect broker is not easy, we have tried many brokers and finally found the one. Tickmill is one of the best brokers out there with over 2,500,000 clients. Tickmill provides premium trading products and services with transparency and innovative technology. Tickmill has won many international awards including Best Forex Broker Asia 2019 …

XTIUSD ( Oil )Could reach above 30!!

Many of you asking about the next Oil direction and like to know whats our thought on Crude Oil. We are still bullish on Oil. As you can see on Chart Oil has strong demand at 20 levels and also forming the triple bottom pattern. This suggesting as long as Oil can hold 19 as support, it has …

EURUSD nice set up for long

EURUSD Daily chart is attractive and nicely set up for going long again. EURUSD finds strong support again at 1.07700. If we look at the daily chart we can see a nice inverse head and shoulder pattern created. We are bullish on EURUSD. Also, pair is now trading above 50 SMA on the 1-hour chart which indicating …

GBPJPY could revisit to 125 again!!

Possible Short Opportunity for GBPJPY :  GBPJPY pair is failed to break the strong resistance at 134.650. The pair is now trading below the rising wedge breakdown on 4 hour chart which indicates the bears are now taking control to move the pair to downside.  Also pair is now trading on 50% retracement of the …

10-Year Anniversary Promotion by XM

XM offers 10th Year Anniversary Promotion to existing and new clients with a $1000000 total prize pool. The promotion consists of 10 monthly lucky draws with 50 winners each month and Grand Gala with a $200000 prize pool for 10 lucky winners. ⚛Trade with a trusted Global Regulated Broker ⚛Trade with Ultra-low Spreads ⚛Enjoy the …

NZDUSD might move to 0.66500!!

NZDUSD might move to 0.66500!! Will NZDUSD able to break the resistance at 0.64800 and continue to go up and move to 0.66500 for the coming weeks.?As we have seen a strong NFP was not enough for USD to be strong last Friday.  Most of the investors are still waiting to see the impact of …

CADJPY possible setup for long to target 84.400!!

CADJPY possible setup for long to target 84.400!! Bank of Canada already cut the rate by 50 basis points to 1 ¼ percent. When Canada’s economy is showing a strong potential to meet the Inflation target, COVID-19 virus has made the Canadian economy a negative shock. But how long COVID-19 virus will affect the Canadian currency? If we look at the …

USDJPY could drop to 104.500!!

Last week it was heavy selloff for USDJPY from the Top 112.22 to 107.510. This pair is strongly bearish now and could fall heavily for the coming week. As the daily chart confirms that it breaks the channel support 109.00 and also closed below the channel support. Next support is seen at 106.650. As China’s …

GBPCAD: Look for short opportunities

GBPCAD: Look for short opportunities: GBPCAD couldn’t able to sustain above the long-term downtrend line for long. A clear Head & Shoulder pattern has been formed. Also, on the last trading day, we saw a close below important level 1.7080. Trade Idea: We should look for short trades below the neck line. Here better not …

GBPAUD: Possible Head & Shoulder

GBPAUD: Possible Head & Shoulder. Can go Long for a Short Period. We can see GBPAUD now at the very end of the long term wedge pattern. Also observing the price action there a huge possibility of forming a Head & Shoulder pattern. Trade Idea for Long: We can go long above 1.8861 level towards …