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MEX.Exchange replied Oct 25, 2017Date: October 26, 2017 GBPUSD testing major resistance, remain bearish for a drop Sell below 1.3273. Stop loss at 1.3356. Take profit at 1.3112. Reason for the trading strategy (technically): Price is now testing a major resistance level at 1.3273 ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 24, 2017Date: October 25, 2017 GBPUSD dropping perfectly towards profit target, remain bearish for a further drop Sell below 1.3222. Stop loss at 1.3300. Take profit at 1.3032. Reason for the trading strategy (technically): Price has been dropping from our ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 23, 2017Date: October 24, 2017 USDCHF continues to test major resistance, remain bearish Sell below 0.9861. Stop loss at 0.9978. Take profit at 0.9703. Reason for the trading strategy (technically): Price has reached our selling area and is starting to ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 22, 2017Date: October 23, 2017 USDCHF testing major resistance, time to start selling Sell below 0.9861. Stop loss at 0.9978. Take profit at 0.9703. Reason for the trading strategy (technically): Price is approaching major resistance at 0.9861 (Fibonacci ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 19, 2017Date: October 20, 2017 GBPUSD dropping nicely from resistance, remain bearish for a further drop Sell below 1.3269. Stop loss at 1.3357. Take profit at 1.3032. Reason for the trading strategy (technically): Price continues to hover around below our ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 18, 2017Date: October 19, 2017 GBPUSD dropping nicely from resistance, remain bearish for a further drop Sell below 1.3269. Stop loss at 1.3357. Take profit at 1.3032. Reason for the trading strategy (technically): Price has dropped really nicely from our ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 17, 2017Date: October 18, 2017 USDJPY back to resistance, remain bearish Sell below 112.50. Stop loss at 113.51. Take profit at 110.90. Reason for the trading strategy (technically): Price is back to our selling area once again. We remain bearish below ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 16, 2017Date: October 17, 2017 USDJPY dropping nicely, remain bearish Sell below 112.65. Stop loss at 113.51. Take profit at 110.90. Reason for the trading strategy (technically): Price continues to drop nicely towards our profit target. We’re still bearish ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 15, 2017Date: October 16, 2017 USDJPY remain bearish with key support broken Sell below 112.65. Stop loss at 113.51. Take profit at 110.90. Reason for the trading strategy (technically): Price has broken our key support and dropped strongly towards our ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 12, 2017Date: October 13, 2017 USDJPY remain bearish with key support broken Sell below 112.65. Stop loss at 113.51. Take profit at 110.90. Reason for the trading strategy (technically): Price had broken our key support and is hovering below it. We remain ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 11, 2017Date: October 12, 2017 USDJPY remain bearish with key support broken Sell below 112.65. Stop loss at 113.51. Take profit at 110.90. Reason for the trading strategy (technically): Price had previously broken our key support level triggering a bearish ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 10, 2017Date: October 11, 2017 USDJPY has broken our key support level, time to start selling Sell below 112.65. Stop loss at 113.51. Take profit at 110.90. Reason for the trading strategy (technically): Price has broken our key support level triggering a ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 9, 2017Date: October 10, 2017 USDJPY starting to break our wedge formation, prepare to sell Sell below 112.65. Stop loss at 113.51. Take profit at 110.90. Reason for the trading strategy (technically): Price is still testing our wedge support and we can ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 8, 2017Date: October 9, 2017 USDJPY starting to break our wedge formation, prepare to sell Sell below 112.65. Stop loss at 113.51. Take profit at 110.90. Reason for the trading strategy (technically): Price has been testing our wedge support and we can see ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 5, 2017Date: October 6, 2017 USDJPY sell on the break of wedge formation Sell below 112.65. Stop loss at 113.45. Take profit at 110.90. Reason for the trading strategy (technically): Price is forming a wedge formation and only a break of this formation ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 4, 2017Date: October 5, 2017 USDJPY breaking support nicely, remain bearish Sell below 112.65. Stop loss at 113.45. Take profit at 110.90. Reason for the trading strategy (technically): Price has broken our triangle formation making a bearish exit. We look ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 3, 2017Date: October 4, 2017 NZDUSD approaching major support, prepare to buy Buy above 0.7128. Stop loss at 0.7091. Take profit at 0.7174. Reason for the trading strategy (technically): Price is approaching major support at 0.7128 (Fibonacci extension, ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 2, 2017Date: October 3, 2017 NZDUSD profit target reached perfectly, prepare to buy and play the bounce Buy above 0.7174. Stop loss at 0.7150. Take profit at 0.7224. Reason for the trading strategy (technically): Price has dropped and reached our profit ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Oct 1, 2017Date: October 2, 2017 NZDUSD dropping nicely since reaching our selling area, remain bearish Sell below 0.7244. Stop loss at 0.7300. Take profit at 0.7178. Reason for the trading strategy (technically): Price touched our selling area before ...
Daily Technical Analysis by MEX Exchange
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MEX.Exchange replied Sep 28, 2017Date: September 29, 2017 NZDUSD approaching selling area, remain bearish Sell below 0.7244. Stop loss at 0.7300. Take profit at 0.7178. Reason for the trading strategy (technically): Price is once again rising and reaching our selling area. We ...
Daily Technical Analysis by MEX Exchange