Posted on

GBPUSD- Pound/Dollar – Head and shoulder test

The GBPUSD has gone through a big pullback the last 2 days.  GbpUsd formed a head and shoulder pattern, and tested the breakout once and today we might see another test to the neckline.  We will be looking for 1 hourly and 4 hourly buy signals today in that support area.We will update our PRO Members of […]

To access this post, you must purchase Bamboo Monthly Forex.
Posted on

EURUSD- Euro/Dollar – ECB press conference

The EURUSD rallied today but prices are still below resistance at 1.1250area. Today will be ECB press conference (news), we don’t trade the news but we will definitely take note of it.  We’ve seen this trap into ECB before.  Basically, EURUSD looks like it is headed higher but then takes out the lows (see December […]

To access this post, you must purchase Bamboo Monthly Forex.
Posted on

USDJpy- Dollar/Yen – Testing breakout

As per our weekly forecast commentary, UsdJpy formed an inside bar on the weekly charts.  Yesterday it formed an inside bar on the daily graph and a breakdown lower to test the breakout line.  (Previous resistance – Now Support). Buy at current levels 109.85 and stop loss 108.59 and take profit 112.69. Good risk reward […]

To access this post, you must purchase Bamboo Monthly Forex.
Posted on

EURUSD- Euro/Dollar – approaching key support zone

As discussed in our weekly forecast, we are still looking for a major low before we will be buying EurUsd for the next big swing.  EurUsd formed another bearish pin on the daily graph, today we should see the price drifting lower to our support zone.  We will watch for potential buy signal in that […]

To access this post, you must purchase Bamboo Monthly Forex.
Posted on

Forex Signal AUD USD

Forex Signal AUD USD As discussed in our weekly forecast, we are still looking for a new low before we will be buying the AudUsd.  A Fakey setup formed on the 4 hourly graph at near term resistance. (Mother bar, inside bar and pin bar)  Entry 0.7225, stop loss 0.7285 and take profit just above […]

To access this post, you must purchase Bamboo Monthly Forex.
Posted on

USDCAD- Dollar/Loonie – Near Term Support

Forex Signals USD CAD The rebound from 1.2910 keeps me looking higher towards the 1.3295-1.3325 zone. Near term support is estimated near 1.2990. 1.3120s may provide interim resistance. Remember to trade with good risk reward ratio Learn Forex, Daily Analysis and Forex Education in no time. More about Trading Signals Forex Bamboo Growth: USD CAD Market […]

To access this post, you must purchase Bamboo Monthly Forex.
Posted on

NZDUSD- Kiwi/Dollar – Running Wedge

Trading Signals Forex When a falling (or rising) wedge fails to reverse, price action can be classified as a ‘running wedge’.  A running wedge leads to an acceleration in price movement in the direction of the wedge.  A NZDUSD running wedge materialized in late 2014 which led to accelerated weakness in early 2015.  A smaller […]

To access this post, you must purchase Bamboo Monthly Forex.