14 Free Forex Trading Signals For May 15 – 19 2017
How did these play out?
1800 + pips possible
AUDCHF – Double top and reverse test on trend line. 130+pips
CADJPY – Supply line held, slight retrace and price dropped 230 pips. Astutue traders may have caught the support test from the bottom as price continues to consolidate.
EURCAD – After an inside doji, upside was in play as mentioned for 203 pips. Consolidation could still break upside.
EURCHF – Broke from congestion but less than 100 pips so ignoring.
EURJPY – Brief consolidation and break from resistance for 125 pips
EURSGD – Support held and price drove 165 pips. Could still hold long to target.
EURUSD – Price went to test as indicated and price action on the 15th showed continued strength for 220 pips
GBPAUD – Price simply consolidated
GBPCHF – Close on 15th indicated further downside from our area. Sell stop entry and 205 pain free pips.
GBPJPY – I was clear that the strong retrace after resistance break was concerning as price ran into Dec highs. After brief pause, 210 pips on break.
GBPNZD – No resolution on range
GBPUSD – Break started on the 19th but nothing in play for the week.
NZDCHF – Downside continued for 120 pips
USDCHF – Called price at decision zone and 233 pips downside occurred.