Home / Tag Archives: daily forex signals

Tag Archives: daily forex signals

USD/JPY Stalls While Nikkei 225 Advances; One Trend Likely Reverses

After a series of smaller degree 1-2 Elliott Wave advances, the USD/JPY up trend has stalled at a resistance trend line. The wave picture previously painted is still technically bullish though the inability for USD/JPY accelerate higher is concerning. One thing is obvious, downward moves in USD/JPY are carving in three waves while larger advances are impulsive. This implies that regardless of what the near term Elliott Wave pattern is, the longer term pattern is bullish ...

Read More »

AUD/USD Technical Forecast: Sideways to Higher Trading

The structure of the technical pattern for AUD/USD suggests the move towards higher levels is incomplete and may eventually reach .82 and possible .84. Are you new to FX trading? This ebook was created just for you. The model we are following suggests the upward correction that began in September 2015 remains incomplete. According to Elliott Wave Theory, we are counting this pattern as a complex upward correction subdivided as w-x-y and built with Expanded ...

Read More »

DJIA Momentum Diverges From Price

Dow Jones Industrial Average is trying to finish the week on a higher note as it is up fractionally since last Friday. The DJIA is drifting higher for the past week, momentum oscillators and Elliott Wave models are flashing yellow lights. In our previous report we shared how a cluster of wave relationships and trend channels are converging near the current DJIA ...

Read More »

Th., Oct. 5 Forex signals results: +150 pips profit

The last trailing stop for our yesterday’s signal got triggered this morning for the total profit of +150 pips: The actual signal sent out was: From: Dave Hughe <plainfx@gmail.com> Date: Thu, Oct 5, 2017 at 8:14 AM Subject: Oct. 5 To: GBPUSD Sell 1.3160 SL 1.3205 P1= 1.3136 P2= 1.3112 This signal reached both profit targets and the last unit’s stop loss was updated and triggered this morning at 1.3082 for the total profit of +150 pips. As this trade progressed ...

Read More »

Mo., Oct. 2 Forex signals results: +24 pips profit

Our Oct. 2 signal made +24 pips profit This is the copy of the email sent out: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Oct 2, 2017 at 8:24 AM Subject: New order To:  USDJPY Sell 112.73 SL 113.26 P1= 112.53 P2= 112.33 This signal reached its first profit target. The trailing stop had been moved to 112.71 and later triggered for the total profit of +24 pips: From: Dave Hughe <plainfx@gmail.com> Date: Mon...

Read More »

USD/JPY Advance May Kick off a New Uptrend

The advance by USD/JPY has kicked off what we believe to be a new uptrend. The Elliott Wave model we are following indicates this could be powerful wave higher that retests and possibly exceeds the 2015 high of 126. You can see from the daily chart below, USD/JPY advanced in five waves in late 2016. Since then and for all of calendar year 2017, USD/JPY has been correcting lower in a complex pattern. This w-x...

Read More »

Mo., Sep. 11 Forex signals results: +40 pips profit

Our GBPUSD short sell signal made +40 pips of profit today: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Sep 11, 2017 at 9:31 AM Subject: New order To: GPBUSD Sell 1.3185 SL 1.3225 P1= 1.3162 P2= 1.3146 The stop-loss orders were updated and triggered at 1.3175 for the first unit and at 1.3170 for the remaining two units: From: Dave Hughe <plainfx@gmail.com> Date: Mon, Sep 11, 2017 at 12:23 ...

Read More »

GBP/USD Elliott Wave Pattern Clears Up

Today’s monster rise in GBP/USD clears up its technical pattern. From a big picture perspective, we have been anticipating a meaningful and long term top to form near the neighborhood of 1.3450. We previously wrote in our Q3 GBP forecast “our model suggests 1.3450 may be strong enough to contain prices over the coming quarter.” Today’s rise adds another wave relationship to the 1.3450 camp to make that level even stronger, should prices arrive there. 2 Grab our GBP Forecast...

Read More »

EUR/USD Faces a Volatile Week with ECB Thursday

EUR/USD has several signals flashing and it may be a volatile week for the pair as ECB hits the wires on Thursday. EUR/USD staged a reversal evidenced through an evening star candlestick formation on August 29. This pattern carved near the July 2012 low. As a result, it is a compelling pattern suggesting a correction lower may be imminent. Despite this pattern, EUR/USD traders continue to be bearish the pair since April 18. Though the level of bearishness ...

Read More »

$40 Discount- How to get this offer, Limited time

SAVE $40 – On 3 Months Package  SAVE $10 – On 1 Month Package   Renovation of PreferFroex Back To The Service With Full Swing You can now enjoy 40$ less on 3 months and 10$ less on 1-month package. Our 3 months is now $197 instead of $237 and 1 month package $79 instead of $89. On average you can now avail 65USD per month on 3-month package. Use...

Read More »
error: Content is protected !!