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Channel: Haroun Kola » Technical analysis
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AVA fx

Open and fund your new account and receive a FREE cash bonus added to your account. The amount of the bonus will depend on the account type you open AVA FX Award Winning forex trading platform will...

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Elliott Wave Morning Hour: EURUSD, AUDUSD, and USDCAD

In our video yesterday for members we were talking about two possibilities on EURUSD; “Is move from 1.3200 only corrective pattern and we will go higher in the next few days”, or »Do we have a one-two...

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EUR/USD: H&S figure in between Fibonacci levels

While not the neatest figure ever, the daily and the 4 hours chart show a head and shoulders figure developing in the EUR/USD in between Fibonacci levels, with shoulders’ highs around 1.3190 and the...

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Kiwi/dollar a potential sell from resistance

Chart in Focus: Daily NZDUSD The Kiwi/dollar has sold off pretty significantly recently, however today we can see the market did bounce modestly higher as it found support at the key level near...

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GBPUSD Turns Bearish After Break Beneath March Trend-line

We turned immediately bearish on GBPUSD after recent sharp decline through the trend-line connected from March lows which is important evidence for a completed corrective wave II at 1.5600 area. In...

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GBPUSD bearish momentum speeds up

Talking about a potential for this market to retrace back to resistance up near 1.5350 and then watching for price action sell signals to trade in-line with the recent bearish momentum. In the daily...

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USD/JPY…..103.18…Uptrend

USDJPY: 103.18 Short-Term Trend: uptrend Outlook: This uptrend remains unbelievably strong! Last week USD continued its advance and there was almost no hesitation at 102.45 Fibonacci level. Now, the...

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EUR/USD: Questions to be answered next week

Market players have many questions and luckily, the answer to all will be available next week, with  the ECB Meeting and the US monthly employment data. The EUR/USD has been trading on the back of...

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Eduinvest Free Trading Course Review

I attended Eduinvest’s free trading course on Saturday, and while I won’t take them up on their offer, I do believe that they are the real deal, and not scam artists just out for your money. In just 2...

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USDZAR Consolidating around 10.0349

Its still consolidating at 10.04 level, slightly down from yesterday’s pin bar rejection of 9.95. Support levels at 9.86 and its resistence at 10.30. If the price breaks 10.10 again soon there may be...

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Market Movements at July’s start

Welcome to the first of what I hope is many chart discussions we have. Let’s start by looking at the EURUSD pair: It’s looking as though we could see a move to the upside this week. Price has stalled...

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GBPUSD Market Update

The GBPUSD surged higher yester, retracing up on the recent move lower. As you can see in the chart below the momentum is still bearish now and so we can look to trade in-line with this momentum by...

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Market Commentary 10 July 2013

With just over half of the US session left to go this is what’s happening in the markets thus far today. EURUSD The EURUSD gained almost all that it lost yesterday and surged higher and almost up to...

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Price Action Forex Trading Resources

Price Action trading is one of the most powerful and simplest way to trade the market with success. It uses the “clean” or “naked” charts, without any (or only minimal) indicators and if you master...

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Weekly Market Outlook July 15th to July 19th 2013

EURUSD is losing ground again as it did on Friday after last weeks huge explosion higher from the 1.2750 key support. This market is currently trading in a range between support at 1.2750 and...

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The Cashback Forex Affiliate Program

I’ve discovered a fantastic Forex Affiliate Program that pays out 3 levels deep, pays via PayPal at a minimum of $10 and seems very easy to work with. To Join them you just need to open an account, and...

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