Vladimir Site

USDJPY to build further downside momentum below 107.00

daily-forecast The US dollar recently blasted higher against the Japanese yen to trade above the 107.00 level. Currently, it looks like the pair is consolidating in a range, and might correct lower in the short term. So, I think we should be looking for a small risk/reward sell trade setup in the upcoming session as long as the USDJPY pair is trading below the 107.20-25 [Read more...]

Buying dips offers good risk/reward in USDCAD (extract from Weekly Market Forecast 14th of September 2014)

weekly-forecast The US dollar was seen correcting lower during this past week against the Canadian dollar. However, the USDCAD pair found buyers around an important trend line on the weekly chart, and after that the pair also managed to clear an important resistance area around the 1.10 levels. So, I think the pair might continue trading higher in the short term, and [Read more...]

Buy dips in GBPUSD as buyers in control

daily-forecast The British pound is not willing to give up easily, as it managed to gain buyers against the US dollar around the 1.6100 level. The GBPUSD pair is now trading higher and it looks like that it might close the opening week gap which is around the 1.6300-20 area. So, I think buying dips in the GBPUSD pair might be a good option in the short term. There [Read more...]

No Relief For Pound As Sellers Remained In Control

pound This past few weeks are turning out to be a nightmare for the British pound traders. Last week, we highlighted the possibility of more declines in the British pound if the fear sets in. The same happened as the British pound tumbled during the last few days. The most important thing to note here is that the GBPUSD pair opened the week with a massive [Read more...]

Negative signals indicate losses to extend for GBPJPY

daily-forecast The British pound continued its decline against the US dollar and the Japanese yen this week. It opened with a monster gap lower, and is trying hard to close the gap especially against the Japanese yen. However, the market sentiment is completely against the British pound buyers. So, I think we should be looking for short-term sell opportunities in [Read more...]
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