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MEX.Exchange replied Feb 22, 2018Date: February 23, 2018 AUDUSD bouncing up beautifully, but we expect another drop before a stronger bounce Intro: AUDUSD has bounced up nicely since yesterday, however we’re expecting a drop to our major support area first before another stronger ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 21, 2018Date: February 22, 2018 AUDUSD approaching major support, prepare for a bounce Intro: AUDUSD has been dropping nicely and we’re seeing a strong support area where a bounce might occur. Buy above 0.7731. Stop loss at 0.7633. Take profit at 0.7986. ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 20, 2018Date: February 21, 2018 USDCAD testing major resistance, prepare to sell Intro: USDCAD is seeing a potential reversal as it is testing a major resistance level. Sell below 1.2650. Stop loss at 1.2710. Take profit at 1.2453. Reason for the trading ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 19, 2018Date: February 20, 2018 NZDUSD reversing perfectly, remain bearish for a further drop Sell below 0.7431. Stop loss at 0.7532. Take profit at 0.7256. Reason for the trading strategy (technically): Price has started to fall really nicely from our ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 18, 2018Date: February 19, 2018 NZDUSD is testing major resistance, watch for a reversal Sell below 0.7431. Stop loss at 0.7532. Take profit at 0.7256. Reason for the trading strategy (technically): Price is testing major resistance at 0.7431 (Fibonacci ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 14, 2018Date: February 15, 2018 USDCHF profit target reached, prepare for a bounce Buy above 0.9264. Stop loss at 0.9199. Take profit at 0.9438. Reason for the trading strategy (technically): Price has dropped perfectly from our selling area to our profit ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 13, 2018Date: February 14, 2018 AUDJPY testing strong support, prepare for a bounce Buy above 84.57. Stop loss at 83.63. Take profit at 86.58. Reason for the trading strategy (technically): Price is now testing major support at 84.57 (Multiple Fibonacci ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 12, 2018Date: February 13, 2018 CADCHF testing major resistance, remain bearish for a drop Sell below 0.7470. Stop loss at 0.7528. Take profit at 0.7376. Reason for the trading strategy (technically): Price is in a strong descending channel and approaching ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 11, 2018Date: February 12, 2018 AUDJPY testing major support, prepare for a bounce Buy above 84.57. Stop loss at 83.63. Take profit at 86.58. Reason for the trading strategy (technically): Price is now testing major support at 84.57 (Fibonacci retracement, ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 8, 2018Date: February 9, 2018 GBPUSD testing major resistance, remain bearish Sell below 1.3991. Stop loss at 1.4166. Take profit at 1.3639. Reason for the trading strategy (technically): Price has shot up to test our selling area before reversing nicely ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 7, 2018Date: February 8, 2018 GBPUSD double top reversal in action, remain bearish Sell below 1.3991. Stop loss at 1.4166. Take profit at 1.3639. Reason for the trading strategy (technically): Price has reversed perfectly from our selling entry yesterday ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 6, 2018Date: February 7, 2018 USDJPY profit target reached perfectly, prepare to sell once again Sell below 110.29. Stop loss at 111.29. Take profit at 108.54. Reason for the trading strategy (technically): Price has dropped perfectly and reached our ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 5, 2018Date: February 6, 2018 NZDUSD broken major support, prepare for the drop Sell below 07283. Stop loss at 0.7349. Take profit at 0.7188. Reason for the trading strategy (technically): Price has finally broken our major support-turned-resistance level ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 4, 2018Date: February 5, 2018 NZDUSD testing major support, watch to sell on the break Sell below 07283. Stop loss at 0.7349. Take profit at 0.7188. Reason for the trading strategy (technically): Price is now testing major support at 0.7283 (Fibonacci ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Feb 1, 2018Date: February 2, 2018 AUDUSD broken major ascending support triggering a bearish move! Sell below 0.8036. Stop loss at 0.8126. Take profit at 0.7894. Reason for the trading strategy (technically): Price has finally broken our major ascending ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Jan 31, 2018Date: February 1, 2018 AUDUSD approaching major resistance, prepare for a drop! Sell below 0.8036. Stop loss at 0.8126. Take profit at 0.7894. Reason for the trading strategy (technically): Price is testing major ascending support and only a break ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Jan 30, 2018Date: January 31, 2018 AUDJPY approaching major resistance, prepare for a drop! Sell below 88.41. Stop loss at 88.76. Take profit at 87.49. Reason for the trading strategy (technically): Price is approaching major resistance at 88.41 (Fibonacci ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Jan 28, 2018Date: January 29, 2018 Silver hovering right above major support, watch for the break to trigger a bearish move! Sell below 17.34. Stop loss at 17.48. Take profit at 17.11. Reason for the trading strategy (technically): Silver is now hovering above ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Jan 25, 2018Date: January 26, 2018 AUDJPY profit target reached for the 4th time, prepare for another drop Sell below 88.18. Stop loss at 88.41. Take profit at 87.73. Reason for the trading strategy (technically): Price dropped from our selling area perfectly ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Jan 24, 2018Date: January 25, 2018 AUDJPY profit target reached again, prepare to sell Sell below 88.40. Stop loss at 88.66. Take profit at 87.91. Reason for the trading strategy (technically): Price rose to our selling area and reacted off it perfectly to drop ...
Daily Technical Analysis by MEX Exchange