Wednesday, 16 May 2018

Important Notice :

Good morning everyone !!
EURCHF: After falling prices, there was a correction and at that time prices are at a resistance. The Stop Loss has been placed above it and if prices rise the operation will be closed.

GBPUSD: Prices in accumulation area. Prices are likely to fall. Promising operation.

USDCAD: Respecting a 2-year low trend line. Expectation of falling prices until the next support, where is our take profit.

EURGBP: Respecting a bearish channel and the momentum of the EUR is low. In this particular case, if prices go up 75 pips, another sale will open because it is a possible correction.

EURCAD: Closed today with loss. There was a disruption of a bullish trend line of 1 year.

In the Forex market, there are no certainties. We work on the basis of statistics.
In recent weeks there have been many trend lines, supports and resistances that have been broken, which is causing the stagnant result so far. It is an unfavorable moment of the market, but soon will return to its normal.

Thank you.

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