Weekly Forex Market Commentary & Trade Ideas: February 15th to 19th 2016
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Weekly Forex Chart commentary & Trade Ideas February 15th to 19th 2016:
Hi there, this is my personal opinion, and this is not advice or a recommendation, it is educational and general information only.
That’s all I see.
EURUSD: the EurUsd, the trend remains short, but this double pinbar could give me a long signal to the superior strength near to 1.149.
GBPUSD: The GbpUsd the previous pinbar has not produced the hoped-signal, so, we are looking for a sell signal on superior resistance in fact is to confirming the strong downtrend, so we expect a price action signal in the superior strength.
GOLD: The Gold is Gold, the latest signal of MrPriceAction indicator is bringing us to cash: hopefully this week!
EURJPY: The EurJpy currency pair has been broken the support closing below 126.00. We are looking for a Sell price action signal on this particular level or near.
As I said, MrPriceAction give you a strong help to find price action signal (pinbar, super pinbar, engulfing bar or setup, inside bar), so you can get it on this link below.