Flexi Signals

GBP/USD Intraday: rebound.

Date: 12/12/2018 13:03:04
Pairs: GBP/USD
Trend Type:
Strategy Type:
Preference: long positions above 1.2520 with targets at 1.2595 & 1.2640 in extension.
Comments: the RSI shows upside momentum.

USD/JPY Intraday: the bias remains bullish.

Date: 12/12/2018 13:02:07
Pairs: USD/JPY
Trend Type:
Strategy Type:
Preference: long positions above 113.20 with targets at 113.70 & 113.85 in extension.
Comments: the RSI is mixed to bullish.

EUR/USD Intraday: under pressure.

Date: 12/12/2018 13:01:16
Pairs: EUR/USD
Trend Type:
Strategy Type:
Preference: short positions below 1.1350 with targets at 1.1305 & 1.1280 in extension.
Comments: as long as the resistance at 1.1350 is not surpassed, the risk of the break below 1.1305 remains high.

AUD/USD Intraday: intraday support around 0.7195.

Date: 12/12/2018 13:00:25
Pairs: AUD/USD
Trend Type:
Strategy Type:
Preference: long positions above 0.7195 with targets at 0.7230 & 0.7240 in extension.
Comments: the RSI lacks downward momentum.

NZD/USD intraday: the RSI is oversold

Date: 12/12/2018 12:59:33
Pairs: NZD/USD
Trend Type:
Strategy Type:
Preference: the downside prevails as long as 0.6868 is resistance.
Comments: the RSI is below 30. It could either mean that the pair is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 0.6868 and 0.6877).

EUR/JPY intraday: rise to 128.17

Date: 12/12/2018 12:57:04
Pairs: EUR/JPY
Trend Type:
Strategy Type:
Preference: rise to 128.17.
Comments: the RSI is below its neutrality area at 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI would call for further upside. Moreover, the pair is below its 20 MA (128.53) but above its 50 MA (128.49).

EUR/GBP intraday: the downside prevails as long as 0.9059 is resistance

Date: 12/12/2018 12:56:09
Pairs: EUR/GBP
Trend Type:
Strategy Type:
Preference: the downside prevails as long as 0.9059 is resistance.
Comments: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 0.9048 and 0.9046).

NZD/USD intraday: the RSI is oversold

Date: 12/12/2018 12:49:33
Pairs: NZD/USD
Trend Type:
Strategy Type:
Preference: the downside prevails as long as 0.6868 is resistance.
Comments: the RSI is below 30. It could either mean that the pair is in a lasting downtrend or just oversold and therefore bound to retrace (look for bullish divergence in this case). The MACD is negative and below its signal line. The configuration is negative. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 0.6868 and 0.6877).

USD/ZAR intraday: rebound towards 14.5000

Date: 12/12/2018 12:49:31
Pairs: USD/ZAR
Trend Type:
Strategy Type:
Preference: rebound towards 14.5000.
Comments: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the pair is trading under both its 20 and 50 MAs (respectively at 14.2929 and 14.3144).

USD/CAD Intraday: under pressure.

Date: 12/12/2018 12:48:41
Pairs: USD/CAD
Trend Type:
Strategy Type:
Preference: short positions below 1.3400 with targets at 1.3330 & 1.3295 in extension.
Comments: the RSI shows downside momentum.

*Flexi Analysis is an external 3rd party providing signals for information purposes only. They do not constitute advice, and CM Trading and all their affiliate parties take no responsibility whatsoever for the accuracy of such information provided by an external source. Your results may vary due to circumstances that are outside of our control. While utmost care has been taken to endure that all information provided has been tested up to the time of writing, all websites, products and services mentioned are provided, as is, without warranty of any kind

CM Trading is the Brand name of
Global Capital Markets Trading and BLACKSTONE Marketing SA(PTY)LTD (GCMT SA)

Credit cards are processed by CMT Processing Limited, Georgiou Griva Digeni, Pamelva Court, 3035, Limassol, Cyprus. Reg. No. HE340325.

 

HIGH RISK WARNING:
Trading Foreign Exchange (Forex) and Contracts for Differences (CFD’s) is highly speculative, carries a high level of risk and may not be suitable for all investors. You may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.

© Copyright 2015 - CM Trading - All rights reserved