PRICE ACTION TRADING | FOREX WEEKLY NEWS

Hello Naked Traders.

Here below the usual weekly price action analysis.

Eur/Aud

The couple is in a vey well defined downtrend so in the week ahead the best thing to do is to try to sell this pair. In this sense a good entry area is the 1.2350 are,  static and dynamic key resistance very evident on the daily chart. A  price action signal on daily chart or 4 hours chart would be the trigger point for a possible short in this market.

 

Gbp/Usd

The couple drove strongly down this week. Key support at 1.5950 area was hacked on Friday, finishing the week below it at 1.5890 area. In short-term trading perspective you can find a short entry on rally at 1.5950 area. The primary objective is 1.5750, next key level.

 

Us Oil

WTI oil is in a clear down move and you see that simply watching a naked and raw price action daily chart. The price, the past week, went to test the key area between $ 88.00 and $ 89.00 and then tragically collapsed within hours by creating a false breakout  of resistance area just cited. Now we could see the continuing of this movement till  $ 81.00 area.

 

SPX 500

The American index has lost some ground in recent trading sessions. For the next week I’m lookin for a short signal at 1,400 area. In fact here is the key area where you can find good trading opportunities. However, the confirmation will be seeing a price action bearish signal that indicates me to sell this market.

 

If you want to keep reading my in- depth outlook of the market you can access to my premium forex signal service and be part of my professional community and then become a true price action naked trader subscribing to this link:

FIRST MONTH FOR FREE!!!

TRY NOW!

http://www.hereforexnaked.com/forex-trading-signals-analysis

Get Naked Get profit!

FROM A REAL TRADER TO REAL TRADERS

Arduino

This entry was posted in Uncategorized and tagged , , . Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

>> Download my free e-Book!