UPDATE ON EURGBP DAILY (26TH-FEB-2020)

This currency pair had been in an intermediate-term bearish trend right from August of 2019. Price had been carving series of HIGH-LOWS and LOWER-LOWS in a bearish channel trend and now we can see price is now retesting a potential key-level resistance @ 0.84875 and a daily close above this leave will interest buyers to gather momemtum to retest next swing HIGH-LOW @0.85853 which if successfully broken will signal first HIGH-HIGH swing.

A daily close above this swing level @0.85853 will show strong signal of high probability of change in momemtum direction

Take note the overall trend of this currency pair is in an intermediate-term bearish trend.


Interested to learn how to trade Forex? click here www.fxklex.com/tradingclass

UPDATE ON EURGBP DAILY (26TH-FEB-2020)

This currency pair had been in an intermediate-term bearish trend right from August of 2019. Price had been carving series of HIGH-LOWS and LOWER-LOWS in a bearish channel trend and now we can see price is now retesting a potential key-level resistance @ 0.84875 and a daily close above this leave will interest buyers to gather momemtum to retest next swing HIGH-LOW @0.85853 which if successfully broken will signal first HIGH-HIGH swing.

A daily close above this swing level @0.85853 will show strong signal of high probability of change in momemtum direction

Take note the overall trend of this currency pair is in an intermediate-term bearish trend.


Interested to learn how to trade Forex? click here www.fxklex.com/tradingclass

This currency pair had been in a long-term bearish trend right from July of 2014. Price is now fluctuating in a bearish channel trend and also at a potential key-level support @0.63227.

Price is now bouncing in a consolidation medium and a daily close below support @0.63227 will give sign of bearish aggressiveness while a daily close above this key-level will signal interest in the bull side to make a rotation to retest dynamic resistance trend-line and which may open door for the bull to retest key-level resistance @0.64338.

Take note the overall trend of this currency pair is in a Strong long-term bearish trend.

Interested to learn how to trade Forex? click here www.fxklex.com/tradingclass

UPDATE ON NZDUSD 4HR

This currency pair had been in a long-term bearish trend right from July of 2014. Price is now fluctuating in a bearish channel trend and also at a potential key-level support @0.63227.

Price is now bouncing in a consolidation medium and a daily close below support @0.63227 will give sign of bearish aggressiveness while a daily close above this key-level will signal interest in the bull side to make a rotation to retest dynamic resistance trend-line and which may open door for the bull to retest key-level resistance @0.64338.

Take note the overall trend of this currency pair is in a Strong long-term bearish trend.

Interested to learn how to trade Forex? click here www.fxklex.com/tradingclass

UPDATE ON USDCHF DAILY

We haven’t been giving analysis about this currency pair for the fact we couldn’t spot out a well defined picture. Now we can figure out a formation of a narrow wedge and price retested next resistance @0.98398 thereby resulting in a bearish rally last week friday.
A daily close below this key-level resistance @0.98398 will give a signal of bearish activeness while a daily close above this key-level resistance will signal bullish interest to retest dynamic trendline resistance and a successful breakout will interest buyers to expose next key-level structure @1.00067

Take note: USDCHF is in an intermidiate bearish trend right from April 2019.

Interested to learn how to trade for free? click here www.fxklex.com/tradingclass

UPDATE ON USDCHF DAILY

We haven’t been giving analysis about this currency pair for the fact we couldn’t spot out a well defined picture. Now we can figure out a formation of a narrow wedge and price retested next resistance @0.98398 thereby resulting in a bearish rally last week friday.
A daily close below this key-level resistance @0.98398 will give a signal of bearish activeness while a daily close above this key-level resistance will signal bullish interest to retest dynamic trendline resistance and a successful breakout will interest buyers to expose next key-level structure @1.00067

Take note: USDCHF is in an intermidiate bearish trend right from April 2019.

Interested to learn how to trade for free? click here www.fxklex.com/tradingclass

24TH-28TH/FEB/2020 WEEKLY FOREX FORECAST WEEKLY FOREX FORECAST

Hello Traders,

I just wanted to share with you my personal view on the list of currency pairs listed here: #USDJPY #GBPUSD #GBPCAD, #GBPNZD, #AUDUSD, #USOIL
I have put a video together for you, in this video I gave analysis on these lists of currency pairs and what I can technically spot out.

Kindly watch this video as this will help you to have a better understanding about the market next-week thereby helping you to make the best decisions.

Click on the video�below to watch what I’m looking out for


https://www.youtube.com/watch?v=MEDreubSu3g

Want to get access to my trading strategy on this currency pairs this week? click here now �:https://www.fxklex.com/tradingclass

What do you think about next Week Forex Forecast?

Remember the comment box is all yours on the YouTube channel and also here on the Blog..�

Trade well,
Allen @fxklex

We are sorry to here this, due to lots of traffic we had our auto-responder was in a jam. We have solved this issue so you can retry again

glasshouse:
I have subscribed for the training and newsletter but no mail has being sent to me . thanks

Hello Traders,

I just wanted to share with you my personal view on the list of currency pairs listed here: #USDJPY #GBPUSD #GBPCAD, #GBPNZD, #AUDUSD, #USOIL

I have put a video together for you, in this video I gave analysis on these lists of currency pairs and what I can technically spot out.

Kindly watch this video as this will help you to have a better understanding about the market next-week thereby helping you to make the best decisions.

Click on the video�below to watch what I’m looking out for



https://www.youtube.com/watch?v=MEDreubSu3g

Want to get access to my trading strategy on this currency pairs this week? click here now �:https://www.fxklex.com/tradingclass

What do you think about next Week Forex Forecast?

Remember the comment box is all yours on the YouTube channel and also here on the Blog..�

Trade well,
Allen @fxklex

WEEKLY FOREX FORECAST 17TH-21STTH/FEB/2020 WEEKLY FOREX FORECAST

Hello Traders,

I just wanted to share with you my personal view on the list of currency pairs listed here: #GBP/USD, #EUR/USD, #EUR/GBP, #NZD/USD, #NZD/CAD, #BITCOIN.

I have put a video together for you, in this video I gave analysis on these lists of currency pairs and what I can technically spot out.

Kindly watch this video as this will help you to have a better understanding about the market next-week thereby helping you to make the best decisions.

Click on the video�below to watch what I’m looking out for

https://www.youtube.com/watch?v=ujQZ96gUhsY

Want to get access to my trading strategy on this currency pairs this week? click here now �:https://www.fxklex.com/tradingclass

What do you think about next Week Forex Forecast?

Remember the comment box is all yours on the YouTube channel and also here on the Blog..�

Trade well,
Allen @fxklex

17TH-21ST/FEB/2020 WEEKLY FOREX FORECAST WEEKLY FOREX FORECAST

Hello Traders,

I just wanted to share with you my personal view on the list of currency pairs listed here: #GBP/USD, #EUR/USD, #EUR/GBP, #NZD/USD, #NZD/CAD, #BITCOIN.

I have put a video together for you, in this video I gave analysis on these lists of currency pairs and what I can technically spot out.

Kindly watch this video as this will help you to have a better understanding about the market next-week thereby helping you to make the best decisions.

Click on the video�below to watch what I’m looking out for

https://www.youtube.com/watch?v=ujQZ96gUhsY

Want to get access to my trading strategy on this currency pairs this week? click here now �:https://www.fxklex.com/tradingclass

What do you think about next Week Forex Forecast?

Remember the comment box is all yours on the YouTube channel and also here on the Blog..�

Trade well,
Allen @fxklex

OVER-TRADING: WHY IT’S SO DEADLY?

Over-trading is the excessive buying and selling of stocks or services which is also referred to as churning. Over-trading can also be defined in various forms as a term in financial statement whereby there’s an unnecessary expansion in a company’s business, or a dangerous psychological, emotional or mental trading problem.

You might be wondering what psychology, emotion or mental issue has got to do with trading or in this case over-trading. But most traders don’t even know if they are over-trading due to its tricky way of catching up on anyone without prior warning or notice. https://fxklex.com/over-trading-why-its-so-deadly/

In fact, you are over-trading if you do not know if you are or not, because over traders don’t consistently make money while trading. Also traders who have no mastery in price action trading on the daily chart or no profound knowledge on trading whatsoever are bound to over-trade. Though mastery and consistency is the key to success, a good trading plan or strategy is also required, because we never can tell when the charts blow up.

If you’re to look at the word ‘Over-trading’ you might want to come to the conclusion that it means trading multiple times than expected. And you’re right. One grievous mistake most over-traders make is trading again because it already seems like their current trade is going to yield bounteous profits. Mistake! Big Mistake! On their part because it might or definitely would crash.

Want to enroll for Free Forex Trading Class? click here to enroll now: www.fxklex.com/tradingclass

Like I explained earlier, mastery and consistency is the key to success, but to be really successful, there needs to be a clearly defined definition of money. Many would say it’s just like a puff of smoke. Another thing is the knowledge of your acquaintance with money.

Are you greedy? That’s a key question to ask yourself. Because if you are, trading would always be a gamble to you. And until you deal with your psychological, emotional and mental issues with money, you will never stop over-trading.

In this article, I’d be talking about the causes and effects of over-trading and the possible ways of it being controlled.

Traders can get extremely tied or entangled in the webs of trading that they become schizophrenic, which is, living in their head. However, there are several common problems that may arise as a result of maximizing profit over sane or better judgement treading gently behind also are risks and dangers alongside its consequence. https://fxklex.com/over-trading-why-its-so-deadly/

CAUSES OF OVER-TRADING.

Like I said earlier, emotions play a great role in causing over-trading, your emotional attachment to money, emotions such as

GREED: When a trader looks at the positive return on previous investment or the attractive chart of the present one, he might be tempted to put in another trade to make more money.

ANXIETY: most traders are sometimes overwhelmed by the losses from previous trades, so in order to make up for the amount lost, they put in another trade.

OVER EXCITEMENT: When the market is moving quickly and the profit margin is favorable, traders tend to open more positions than rational.

VENGEANCE: After losing too much capital to unfavorable market, traders tend to put in more trade when it seems favorable as a way to get back at the market and get all their losses back.

OVER EXPANSION: over-expansion occurs when a business has more output than its finances allows but due to increase in pace of production.

SIGNS OF OVER-TRADING

Ignorance as to whether you’re over-trading or under-trading.
When output is greater than finances
Reduction in gross and net profits
Increased loans
EFFECTS OF OVER-TRADING

LOSS OF CAPITAL

Often times, traders tend to open numerous positions with the hope of hitting it big and is one of the most common than I know that every successful person took certain risks, but then, some risks could be avoided if the brain is put to use.

BUSINESS FAILURE

When you already think your business is doing well and there’s an awareness that seems to have boosted sales and account analysis, a thing as over-trading occurs, making you lose capital and revenues, one thing that’d go down the drain first is your company’s reputation. After that comes total crashing of the business because no one works with a failed company.

EMOTIONAL INSTABILITY: Traders tend to suffer emotionally when the loss encountered is more than their heart and brain can process. Which is why a break is needed after being dealt heavy blows from over-trading.

Want to enroll for Free Forex Trading Class? click here to enroll now: www.fxklex.com/tradingclass

WHAT DO YOU DO AFTER OVER-TRADING / TERRIBLE LOSS

TAKE A BREAK: Though this might present you to the whole world as a loser, but you’re just recuperating, healing from the damages done by over-trading. You might want to lie low for a while before resuming back to the trading life.

LEARN YOUR LESSON: The reason you’re taking a break in the first instance is not to enjoy life but to take into cognizance the brutalities of over-trading and learning from your mistake, because not only will responsibilities and necessities arise, you will unintentionally need all the money you’ve lost to over-trading.

SET YOUR METRICS: If you don’t set your metrics after implementing the advice stated in 1 and 2, you might end up over-trading again. Set your profit and loss limit for the day or week you’re trading and put a close monitoring on it.

HAVE A TRADING PLAN: A trading plan doesn’t have to be some set of difficult to understand rules but a step by step guideline to trading in order to avoid over-trading. It’s also a set of rules aimed at disciplining traders to trade wisely.

HOW TO OVERCOME OVER-TRADING
Avoid emotional trading
Discipline your mindset towards money
Trade with the amount you can part ways with
Have a variety of portfolios
Have a different approach to trading i.e do not go by the old and generic way of trading and expect to get a better outcome.
Less is more. You trade less, monitor its progress.

Thanks for reading.
For more free educational contents and free trading tutorials click here: https://fxklex.com/trading-class/

Over-trading is the excessive buying and selling of stocks or services which is also referred to as churning. Over-trading can also be defined in various forms as a term in financial statement whereby there’s an unnecessary expansion in a company’s business, or a dangerous psychological, emotional or mental trading problem.

You might be wondering what psychology, emotion or mental issue has got to do with trading or in this case over-trading. But most traders don’t even know if they are over-trading due to its tricky way of catching up on anyone without prior warning or notice. https://fxklex.com/over-trading-why-its-so-deadly/

In fact, you are over-trading if you do not know if you are or not, because over traders don’t consistently make money while trading. Also traders who have no mastery in price action trading on the daily chart or no profound knowledge on trading whatsoever are bound to over-trade. Though mastery and consistency is the key to success, a good trading plan or strategy is also required, because we never can tell when the charts blow up.

If you’re to look at the word ‘Over-trading’ you might want to come to the conclusion that it means trading multiple times than expected. And you’re right. One grievous mistake most over-traders make is trading again because it already seems like their current trade is going to yield bounteous profits. Mistake! Big Mistake! On their part because it might or definitely would crash.

Want to enroll for Free Forex Trading Class? click here to enroll now: www.fxklex.com/tradingclass

Like I explained earlier, mastery and consistency is the key to success, but to be really successful, there needs to be a clearly defined definition of money. Many would say it’s just like a puff of smoke. Another thing is the knowledge of your acquaintance with money.

Are you greedy? That’s a key question to ask yourself. Because if you are, trading would always be a gamble to you. And until you deal with your psychological, emotional and mental issues with money, you will never stop over-trading.

In this article, I’d be talking about the causes and effects of over-trading and the possible ways of it being controlled.

Traders can get extremely tied or entangled in the webs of trading that they become schizophrenic, which is, living in their head. However, there are several common problems that may arise as a result of maximizing profit over sane or better judgement treading gently behind also are risks and dangers alongside its consequence. https://fxklex.com/over-trading-why-its-so-deadly/

CAUSES OF OVER-TRADING.

Like I said earlier, emotions play a great role in causing over-trading, your emotional attachment to money, emotions such as

GREED: When a trader looks at the positive return on previous investment or the attractive chart of the present one, he might be tempted to put in another trade to make more money.

ANXIETY: most traders are sometimes overwhelmed by the losses from previous trades, so in order to make up for the amount lost, they put in another trade.

OVER EXCITEMENT: When the market is moving quickly and the profit margin is favorable, traders tend to open more positions than rational.

VENGEANCE: After losing too much capital to unfavorable market, traders tend to put in more trade when it seems favorable as a way to get back at the market and get all their losses back.

OVER EXPANSION: over-expansion occurs when a business has more output than its finances allows but due to increase in pace of production.

SIGNS OF OVER-TRADING

Ignorance as to whether you’re over-trading or under-trading.
When output is greater than finances
Reduction in gross and net profits
Increased loans
EFFECTS OF OVER-TRADING

LOSS OF CAPITAL

Often times, traders tend to open numerous positions with the hope of hitting it big and is one of the most common than I know that every successful person took certain risks, but then, some risks could be avoided if the brain is put to use.

BUSINESS FAILURE

When you already think your business is doing well and there’s an awareness that seems to have boosted sales and account analysis, a thing as over-trading occurs, making you lose capital and revenues, one thing that’d go down the drain first is your company’s reputation. After that comes total crashing of the business because no one works with a failed company.

EMOTIONAL INSTABILITY: Traders tend to suffer emotionally when the loss encountered is more than their heart and brain can process. Which is why a break is needed after being dealt heavy blows from over-trading.

Want to enroll for Free Forex Trading Class? click here to enroll now: www.fxklex.com/tradingclass

WHAT DO YOU DO AFTER OVER-TRADING / TERRIBLE LOSS

TAKE A BREAK: Though this might present you to the whole world as a loser, but you’re just recuperating, healing from the damages done by over-trading. You might want to lie low for a while before resuming back to the trading life.

LEARN YOUR LESSON: The reason you’re taking a break in the first instance is not to enjoy life but to take into cognizance the brutalities of over-trading and learning from your mistake, because not only will responsibilities and necessities arise, you will unintentionally need all the money you’ve lost to over-trading.

SET YOUR METRICS: If you don’t set your metrics after implementing the advice stated in 1 and 2, you might end up over-trading again. Set your profit and loss limit for the day or week you’re trading and put a close monitoring on it.

HAVE A TRADING PLAN: A trading plan doesn’t have to be some set of difficult to understand rules but a step by step guideline to trading in order to avoid over-trading. It’s also a set of rules aimed at disciplining traders to trade wisely.

HOW TO OVERCOME OVER-TRADING
Avoid emotional trading
Discipline your mindset towards money
Trade with the amount you can part ways with
Have a variety of portfolios
Have a different approach to trading i.e do not go by the old and generic way of trading and expect to get a better outcome.
Less is more. You trade less, monitor its progress.

Thanks for reading.
For more free educational contents and free trading tutorials click here[b][/b]: https://fxklex.com/trading-class/

Happy Valentine to you all!

I just wanted to share with you my new blog post on USDJPY.

Read this first before trading it.

#USDJPY Ready For Breakout Or What?

I haven't discussed much on the USDJPY for some period of time now, due to the fact the currency pair isn't respecting my constructed key-levels.
The currency pair had been in an intermediate bullish trend right from its low from August of 2019 and it did broke its long-term bearish trend line in January of this year 2020

Check out the new post right here� https://fxklex.com/usdjpy-14-feb-2020/
Be sure to leave a comment on the blog to let me know what you think.

Trade well,

Allen @Fxklex

P.S. Want me to help you become a better Forex trader?

Get a lifetime access to our free Forex training class  and receive access to Fxklex's full Forex trading course, get daily & weekly videos of trade ideas, direct access to Allen, and much more!

Join Fxklex Today

Get Free Access To The Class Here�: https://fxklex.com/trading-class/

Remember: Learning 1st while Earning comes 2nd.

Happy Valentine to you all!

I just wanted to share with you my new blog post on USDJPY.

Read this first before trading it.

#USDJPY Ready For Breakout Or What?

I haven't discussed much on the USDJPY for some period of time now, due to the fact the currency pair isn't respecting my constructed key-levels.
The currency pair had been in an intermediate bullish trend right from its low from August of 2019 and it did broke its long-term bearish trend line in January of this year 2020

Check out the new post right here� https://fxklex.com/usdjpy-14-feb-2020/
Be sure to leave a comment on the blog to let me know what you think.

Trade well,

Allen @Fxklex

P.S. Want me to help you become a better Forex trader?

Get a lifetime access to our free Forex training class  and receive access to Fxklex's full Forex trading course, get daily & weekly videos of trade ideas, direct access to Allen, and much more!

Join Fxklex Today

Get Free Access To The Class Here�: https://fxklex.com/trading-class/

Remember: Learning 1st while Earning comes 2nd.

#GBPUSD To Confirm Bullish Reversal Or Just Retracement?

I just wanted to share with you my new blog post on GBPUSD.

Read this first before trading it.

#GBPUSD to Confirm Bullish Reversal or Just Retracement?

The GBPUSD pair has made some reversal this week..

This resulted after last week’s huge bearish 299+ pips rally down below two critical levels.

The first of this levels was the dynamic support trendline which extended from November 2019 low.

I discussed about this in the members area last two weeks.

Check out the new post right here� https://fxklex.com/gbpusd-daily-12th-feb-2020/

Be sure to leave a comment on the blog to let me know what you think.

Trade well,

Allen @Fxklex

P.S. Want me to help you become a better Forex trader?

Get a lifetime access to our free Forex training class and receive access to Fxklex's full Forex trading course, get daily & weekly videos of trade ideas, direct access to Allen, and much more!

Join Fxklex Today

Get Free Access To The Class Here�: https://fxklex.com/trading-class/

I just wanted to share with you my new blog post on GBPUSD.

Read this first before trading it.

#GBPUSD to Confirm Bullish Reversal or Just Retracement?

The GBPUSD pair has made some reversal this week..

This resulted after last week’s huge bearish 299+ pips rally down below two critical levels.

The first of this levels was the dynamic support trendline which extended from November 2019 low.

I discussed about this in the members area last two weeks.

Check out the new post right here� https://fxklex.com/gbpusd-daily-12th-feb-2020/

Be sure to leave a comment on the blog to let me know what you think.

Trade well,

Allen @Fxklex

P.S. Want me to help you become a better Forex trader?

Get a lifetime access to our free Forex training class and receive access to Fxklex's full Forex trading course, get daily & weekly videos of trade ideas, direct access to Allen, and much more!

Join Fxklex Today

Get Free Access To The Class Here�: https://fxklex.com/trading-class/

Remember: Learning 1st while Earning comes 2nd.

Hello Trader,

I just wanted to share with you my latest personal view on the BTC DAILY CHART MARKET ANALYSIS (3rd-Feb-2020).

As at the time of publishing this post, Bitcoin is currently trading at resistance zone price level of 9419.91 which price had been trying to break through right from the 1st of February 2020. Remember bitcoin broke through an intermediate bearish channel and in which we had a retest of our broken dynamic trend-line which acts as new resistance dynamic line giving rise to its upward short-term bullish trend.

If you are a member of the VIP TEAM you ought to be in a reasonable profit by now. Also do not forget to check my latest update on this signal whereby I gave an advice for active traders on this market to trail their existing profit to 9100 price level.

SO WHAT’S NEXT ON BITCOIN MOVEMENT?

Well a daily close above our active horizontal key-level @9419.91 will give a clue of the bullishness of the bull and if buyers failed to breakthrough to the upside this may interest sellers to pull price to retest potential support which acts @ 9100 level. A breakthrough below this potential support @9100 may open more door for retest of previous support level @7703/7600.

To get access to my trading decisions on Bitcoin click here now �:http://tradingclass.fxklex.com

What do you think about this Bitcoin?

Remember the comment box is all yours..�

Trade well,
Allen @fxklex

Hello Currency Trader,

I just wanted to share with you my latest personal view on the GBP/CHF DAILY CHART MARKET ANALYSIS (30th-Jan-2020).

Want to read more or learn how to trade?? click this link ��https://fxklex.com/gbp-chf-daily-market-analysis-30th-jan-2020/

Hello Currency Trader,

I just wanted to share with you my latest personal view on the GBP/CHF DAILY CHART MARKET ANALYSIS (30th-Jan-2020).

Want to read more or learn how to trade?? click this link ��https://fxklex.com/gbp-chf-daily-market-analysis-30th-jan-2020/

Do you know what a BULLISH CHANNEL BREAKOUT is?
Do you know how to trade it??
Watch the video I made for you here


https://www.youtube.com/watch?v=bzZydNwakls

Do you know what a BULLISH CHANNEL BREAKOUT is?
Do you know how to trade it??
Watch the video I made for you here


https://www.youtube.com/watch?v=bzZydNwakls

Watch This If You Want Consistent Trading Strategy


https://www.youtube.com/watch?v=R4T0RRFL9DI

https://www.youtube.com/watch?v=R4T0RRFL9DI

Hello Currency Trader,

I just wanted to share with you my latest personal view on the USD/CHF DAILY CHART MARKET ANALYSIS (23RD-Jan-2020).


check here to read more: https://fxklex.com/usd-chf-daily-market-analyis-23rd-jan-2020/

Watch this now if you are trading EUR/USD 22nd-Jan-2020


https://www.youtube.com/watch?v=7oJoLwuHfE0

Want me help you formulate a consistent and profitable trading strategy click on the link below the YouTube video

Watch this now if you are trading EUR/USD 22nd-Jan-2020


https://www.youtube.com/watch?v=7oJoLwuHfE0

Want me help you formulate a consistent and profitable trading strategy click on the link below the YouTube video

Hello Currency Trader,

I just wanted to share with you my latest personal view on the BTC DAILY CHART (07th-Jan-2020) market analysis.

BTC king of cryptos had been on a long term bearish trend right from late June 2019 and since then price have been bouncing in a falling wedge.

Technically price have higher probability of breaking to the upside whenever there’s such formation of price.

Now the questions are…

Will the bullish engulfing formation with its low wick @6352.07 act as a catalyst for BTC to breakout of the falling wedge right from late June 2019??

Will the bear defend the its boundary at dynamic resistance intersection @7540.96??

Right now BTC is still trading within the range and i will love to watch for signals @ either at dynamic resistance or support level..

To get access to my trading decisions on this currency click here now https://fxklex.com/

What do you think about this currency ?

Remember the comment box is all yours..�

Trade well,
Allen @fxklex

I just wanted to share with you my latest personal view on the USD/CHF WEEKLY CHART (07th-Jan-2020) market analysis.[i][/i]

On the weekly time frame we can see USD/CHF have been bouncing up and down inside an ascending channel. Price broke our dynamic support trend-line but still rejected at previous HIGH-LOW @0.96593

Right now this horizontal level which is active and repelling price upward is @0.96593

Now the questions are….

will the bears be able to pull price downward to break this potential support level??

Will the bull defend this zone by retesting our broken dynamic support which lies @ intersection of 0.98439 and move price back inside the channel?

Will the bears defend the dynamic broken support trend-line to now act as new dynamic resistance trend-line?

Well I will love to wait and see if the market will react accordingly to my TRADING STRATEGIES…

To get access to my trading decisions on this currency pairs click here now https://fxklex.com/usd-chf-07-jan-2019/

What do you think about this currency pairs?

Remember the comment box is all yours..�

Trade well,
Allen @fxklex

CLICK THE LINK BELOW TO READ MORE ABOUT MY VIEW ON THIS CURRENCY PAIRS

https://fxklex.com/eur-jpy-06-jan-2020/

This video is based on a trade I took on the USD/JPY Currency pairs


https://www.youtube.com/watch?v=CKjw9mhjSVg

Here is a video of a trade I took on USD/JPY, Risking 30pips for 70pips profit..


https://www.youtube.com/watch?v=CKjw9mhjSVg