Date: May 23rd, 2018 USDCHF Approaching Resistance, Prepare For A Plunge USDCHF is approaching resistance where we can expect a strong drop. Sell below 0.9951. Stop loss 0.9992. Take profit at 0.9856. Reason for the trading strategy (technically): ...

Daily Technical Analysis by MEX Exchange

Date: May 22nd, 2018 GBPUSD Broke Major Support, Prepare For A Plunge GBPUSD has broken major support triggering a strong drop from here. Sell below 1.3469. Stop loss 1.3652. Take profit at 1.3026. Reason for the trading strategy (technically): ...

Daily Technical Analysis by MEX Exchange

Date: May 21st, 2018 XAUUSD Is Testing Support, Prepare For A Bounce XAUUSD is testing its support where we expect to see a nice bounce. Buy above 1285.81. Stop loss 1278.29. Take profit at 1301.99. Reason for the trading strategy (technically): ...

Daily Technical Analysis by MEX Exchange

Date: May 18, 2018 AUDJPY Right On Major Resistance, Time To Sell AUDJPY is testing major resistance and looks poised to drop strongly! Sell below 83.35. Stop loss at 84.02. Take profit at 82.25. Reason for the trading strategy (technically): Price ...

Daily Technical Analysis by MEX Exchange

Date: May 17, 2018 USDJPY Bounced Perfectly, Remain Bullish For A Further Rise USDJPY bounced perfectly above our buying level as expected and looks poised to rise further in this bullish channel. Buy above 109.98. Stop loss at 109.61. Take profit ...

Daily Technical Analysis by MEX Exchange

Date: May 16, 2018 USDJPY Rose Perfectly To Our Profit Target, Remain Bullish USDJPY bounced off our channel support perfectly and reached our profit target. Look to buy on weakness. Buy above 109.98. Stop loss at 109.61. Take profit at 110.86. ...

Daily Technical Analysis by MEX Exchange

Date: May 15th, 2018 EURUSD Tested Its Major Resistance, Remain Bearish EURUSD tested its major resistance and reversed nicely off it, we expect to see a further drop to its support. Sell below 1.1991. Stop loss 1.2066. Take profit at 1.1829. Reason ...

Daily Technical Analysis by MEX Exchange

Date: May 14th, 2018 AUDUSD Testing Its Resistance, Prepare For A Reversal AUDUSD is testing its resistance where we expect to see a drop. Sell below 0.7581. Stop loss 0.7623. Take profit at 0.7474. Reason for the trading strategy (technically): ...

Daily Technical Analysis by MEX Exchange

Date: May 11th, 2018 NZDUSD Reversed Off Its Resistance, Prepare For A Further Drop! NZDUSD reversed nicely off its resistance where we expect to see a further drop. Sell below 0.6978. Stop loss 0.7007. Take profit at 0.6909. Reason for the trading ...

Daily Technical Analysis by MEX Exchange

Date: May 10th, 2018 USDJPY Approaching Support, Look out For A Bounce! USDJPY is approaching support where we expect to see a bounce. Buy above 109.53. Stop loss at 109.21. Take profit at 110.24. Reason for the trading strategy (technically): ...

Daily Technical Analysis by MEX Exchange

Date: May 9th, 2018 AUDNZD Approaching Support, Prepare For A Bounce! AUDNZD is approaching its support where we expect price to rise. Buy above 1.0669. Stop loss at 1.0631. Take profit at 1.0750. Reason for the trading strategy (technically): ...

Daily Technical Analysis by MEX Exchange

Date: May 8th, 2018 USDJPY Bounced Nicely Off Ascending Support, Remain Bullish USDJPY bounced off its support where we expect to see it rise further. Buy above 108.76. Stop loss at 108.37. Take profit at 109.52. Reason for the trading strategy ...

Daily Technical Analysis by MEX Exchange

Date: May 7th, 2018 AUDUSD Tested Its Resistance, Prepare For Further Rise AUDUSD bounced off its support where we expect to see it rise further. Buy above 0.7490. Stop loss at 0.7421. Take profit at 0.7645. Reason for the trading strategy ...

Daily Technical Analysis by MEX Exchange

Date: May 4th, 2018 EURUSD Bounced Nicely Off Support, Prepare For Further Rise EURUSD bounced off its support where we expect to see it rise further. Buy above 1.1938. Stop loss at 1.1828. Take profit at 1.2157. Reason for the trading strategy ...

Daily Technical Analysis by MEX Exchange

Date: May 3rd, 2018 GBPJPY Testing Its Support, Prepare For A Bounce GBPJPY is testing its support where we expect to see a bounce. Buy above 148.99. Stop loss at 148.40. Take profit at 150.18. Reason for the trading strategy (technically): GBPJPY ...

Daily Technical Analysis by MEX Exchange

Date: May 2nd, 2018 EURBP Is Testing Its Resistance, Prepare For a Reversal EURGBP is testing its resistance where we expect to see a reversal. Sell below 0.8836. Stop loss at 0.8887. Take profit at 0.8729. Reason for the trading strategy ...

Daily Technical Analysis by MEX Exchange

Date: April 30, 2018 AUDNZD Is Is Approaching Its Resistance, Prepare For a Reversal AUDNZD is approaching its resistance where we expect to see a reversal. Sell below 1.0730. Stop loss at 1.0774. Take profit at 1.0617. Reason for the trading ...

Daily Technical Analysis by MEX Exchange

Date: April 27, 2018 USDJPY Is Testing Its Resistance, Prepare For a Drop USDJPY has been testing its resistance where we expect to see a drop. Sell below 109.27. Stop loss at 109.88. Take profit at 107.94. Reason for the trading strategy ...

Daily Technical Analysis by MEX Exchange

Date: April 26, 2018 CADCHF Approaching Resistance, Lookout For A Reversal CADCHF is approaching its resistance where we expect to see a reversal. Sell below 0.7662. Stop loss at 0.7681. Take profit at 0.7609. Reason for the trading strategy ...

Daily Technical Analysis by MEX Exchange

Date: April 25, 2018 GBPUSD Bounced Nicely Off Its Support, Potential Breakout GBPUSD bounced nicely off its support where we expect it to have a bullish acceleration if immediate resistance is broken. Buy above 1.3930. Stop loss at 1.3848. Take ...

Daily Technical Analysis by MEX Exchange