The USDJPY pair last week formed a temporary bottom and reversed higher. A confluence area formed which led to the bounce higher.  This area forms when trading techniques/strategies come together and create a high probability BUY/SELL zone. Confluence Trading signals a trader on which side to take a trade by combining more than one trading […]

Multiple bullish patterns are visible on the CHFJPY 1 Hour time frame. The pink bullish pattern  completed point D at the BC 0.50% Fib. retracement level where the pattern triggered BUYS. Blue bullish AB=CD pattern also triggered BUYS in the area. If looking to trade CHFJPY traders should look to BUY near this level which […]

The CHFJPY chart below was  posted on social media @AidanFX June 7 2021 showing the possible bullish patterns. Blue bullish pattern triggered BUYS perfectly in the blue support/resistance zone. This support/resistance zone acted as a good support area where price reacted with a move  higher. More added reason the pair could push higher was a […]

Since May 2020 to May 2021 EURJPY has been trending higher for the whole 12 months. On May 26 2021 we advised traders, in our members area, that EURJPY was in a position where the pair will make another move higher. We at EWF always encourage our members to trade with the trend and not […]

On May 26 2021 I posted on social media @AidanFX  “CHFJPY watching for buying opportunities for another push higher towards 122.00 – 122.20 area.” and “CHFJPY a break above 121.70 will add more bulls/buyers to get in the market.”   The chart below was also posted on social media @AidanFX May 26 2021 showing the possible […]

Since April 21/2021, EURCAD has been trending to the downside. To determine if a market is trending, price action must be forming higher highs/higher lows in an uptrend and lower lows/lower highs in a downtrend. We at EWF always recommend our clients to trade with the trend and not against it. On May 11 2021 […]