Pips&Bears

Signal & Chart Analysis Today: EUR/SGD Daily TF. Very interesting technical formation from EUR/SGD Price action. Stochastic indicators Clearly signals an oversold position we could see the bulls buying the Euro at these level. This could be another pip catching opportunity opening a buy position at 1.56770 as we target a strong buy up to September high at 1.58812. May the markets be with us. Trade wisely!

Signal: GBP/CHF Setup looking really cool as we clearly see a bounce off from the 200ma support line and stochastic indicator signaling an oversold position for GBP. this a level we believe the bulls will be very interested in. Opening position at price level 1.25490 with no set targets. May the markets be with us.

Chart Watch: CAD/JPY Daily timeframe. focus still on the CAD/JPY pair as we see clearly on the chart a convincing breakout off the shoulder formation(support level). This is a descent pip catching opportunity for the Bears. Be on the lookout for a price correction as the pair is currently oversold on the MACD indicator which could be the best time to enter the market at a better price. Gear up and sit tight as we await bearish confirmation signals.

Chart to Watch: NZD/JPY Daily TF. Anticipate another Pip catching opportunity as we see a retest on a major support level. can the bulls hold on this time or could this be possible breakout for the bears. buckle and gear up as we wait patiently for the signals.