Trading news

CADCHF Technical view

USDJPY : Based on the Ichimocu system we can see that the price seems to be in a bearish mode.

Let's examine the components of the system one by one.

The tekan sen and Kijun sen lines are in bearish formation and below the cloud

The chikou span is below the cloud and the price and the cloud are looking bearish for the time being.

To be able to spot any potential signals we need to see the price crossing on the kijn sen line.

 

 

About the Author:

 

Marios Athinodorou is TeleTrade's market analyst and commentator. Apart from being an experienced trader, Marios is an advanced technical analyst and is interested in trading psychology. He has 7 years of trading expertise in Forex and CFDs, providing insights to share with all kinds of traders, from beginners to experts. Among others, Marios is delivering weekly trading webinars. Sign up for upcoming webinars, here.

Disclaimer: Materials, analysis and opinions contained, referenced or provided herein are intended solely for informational and education purposes. Personal Opinion of the Author does not represent and should not be construed as a statement or an investment advice made by TeleTrade. All Indiscriminate reliance on illustrative or informational materials may lead to losses. Past performance is not a reliable indicator of future results.

Risk Warning: Investment services are provided by TeleTrade-DJ International Consulting Ltd, a Cyprus Investment Firm under reg. number HE272810 operating in accordance with MiFID, under license 158/11 by the Cyprus Securities and Exchange Commission. Trading in leveraged derivative financial instruments carries a high level of risk and may not be suitable for all investors. Past performance is not a reliable indicator of future results. Indiscriminate reliance on informational or historical materials may lead to losses

TeleTrade Review

Thursday, 12 Jul, 2018 / 8:31

Note: Company News is a promotional service of the Directory and the content isn't created by Finance Magnates.

Source : https://www.teletrade.eu

Trading news

 

CADJPY: Cross Ready to Test Major Support

The CADJPY cross has been dropping over previous days and declined back [...]

Posted on Tuesday, 20 Nov, 2018 / 11:08 under TeleTrade Review

Swiss exports boom; US-China friction persists

Swiss export growth highest since 2016 By [...]

Posted on Tuesday, 20 Nov, 2018 / 10:44 under Swissquote Bank Review

EURUSD: Euro Breaches Key Resistances

The Euro advanced on Monday and managed to rise further beyond the 1.14 [...]

Posted on Tuesday, 20 Nov, 2018 / 10:38 under TeleTrade Review