DISCLAIMER
Trading is a high risk activity, protect your capital through the use of stop loss, making intelligent use of leverage and not investing more than you are willing to lose. The author of the post declines any responsibility for any losses incurred as a result of decisions made after reading this article. The information contained below is for informational purposes only. CFDs are complex instruments, therefore adequate knowledge is required before making any investment. Thank you for your kind attention!
[Music] hello everybody welcome back to another video today i’m going to show you which opportunities we can find on the forest market for the next days before starting subscribe not to miss the next videos leave a like leave a comment below don’t be shy let me know what you think and if we get to the 1000 subscribers uh there will be a gift for my viewers so subscribe yeah we are on the british pawn usd and daily chart and the situation is pretty clear at the moment the price is stuck between the 250 moving average as we can see the price is going back and forth between the moving averages and the 37 level results in the ground working as a very good support so possibilities for the next days are quite few and i’m gonna show you what could possibly happen in next days well if the buyers are gonna break above the 38.50 just next to the 200 moving average i think that they could easily target the upper levels so the 39 40 41 okay don’t forget about the noise here on the left very important price structure 37 50 and 40. but um i wouldn’t be shocked okay to see this back and forth going on for a little bit of uh in the night in the next days and in case the price breaks down below sellers could easily target the 36 and 34 50 level so for me uh with the us dollar weakening uh you know chances for an upward movement are pretty good okay so what i’m expecting is just a little bit of action here back and forth you know lateralizing a little bit so i’m expecting to see a little bit of a compression before going up but this is just my analysis uh this is of course this is not a training uh advice so we will keep an eye on this pair because interesting things are gonna happen in my opinion so for today’s everything leave a comment below let me know what you think about this video about this analysis okay see you soon bye [Music] you
DISCLAIMER
Trading is a high risk activity, protect your capital through the use of stop loss, making intelligent use of leverage and not investing more than you are willing to lose. The author of the post declines any responsibility for any losses incurred as a result of decisions made after reading this article. The information contained below is for informational purposes only. CFDs are complex instruments, therefore adequate knowledge is required before making any investment. Thank you for your kind attention!