By: fxstadium
Risk per trade is 0.75% and trades must be taken prior to 5 PM GMT today. Bullish View Wait for a bullish price action reversal H1 timeframe and place trades once price reaches $1.2301 or $1.2230. Stop Loss: 1 pip below local swing low Adjust stop loss to breakeven once the trade is in profit […]
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Make sure to take these trades before Tuesday precisely before 5 PM Tokyo time. Risk: 0.50% per trade BTC/USD (Short Position) – Open these positions after a bearish price action reversal on hourly time frame, once price touches $25,000 or $24,466. Stop Loss: place at $100 and adjust to break even once the trade is […]
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Traders are paying close attention to the FOMC meeting, which will take place on February 1st. The event, a surefire cause of volatility, can have a big impact on the monthly candle before the BTC price action abruptly changes course. Experts predict that the mood of the cryptocurrency market as well as the price of […]
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The S&P global Eurozone PMI recorded improvement and is back above 50 no-change level. The return of growth output comes as optimism. EUR/USD currency pair rebounded after experiencing a sudden drop. The European Central Bank expressed concerns over inflation and the president also reaffirmed interest rate hikes. On the other side of the argument, Economic […]
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Bullish View Take Profit: 1.1200 Sell Stop: 1.0800 Timeline: 1-2 days Bearish View Sell Stop: 1.0830 Take Profit: 1.0700 Stop Loss: 1.0950 The safe haven of traders has stayed true to its name this week as well. The pair was continuously bullish for the last 2 months and analysts are expecting more gains from the pair. But the […]
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Economists at Bank of America Global Research have noted that the policies of the Bank of Japan are neither conventional nor sustainable in the long run. Their inflation forecast for Japan in the year 2023, is 3% whereas the market consensus is just 1.9%. So, they are expecting the bearish trend to continue for the […]
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USD/JPY (Short Position) Timeline : 1-2 days – Sell signal Take-profit: 128.50 Stop-loss: 132.00 USD/JPY (Long Position) Buy Signal: 131.35 Take-profit: 134.00 Stop-loss: 129.50 The US Dollar gained against Japanese Yen on Tuesday morning as the Pair was gaining some stability with risk-on sentiment. The exchange rate moved up to 130.58 which is a significant […]
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