ForexScanner PRO2 issued a buy signal on the EUR/USD at 1.3758. The pair rose as high as 1.3914 before turning a bit lower after the NFP today. Next resistance seen at 1.3930. Click the chart to enlarge.
Forexscanner issued a buy signal on the USD/JPY chart at 101.43. The pair is currently trading at 102.23, that’s +80 pips from the initial entry signal. Next key resistance seen at 102.90. Key support at 100.70.
Here’s an example how to scalp the EUR/USD with Forexscanner PRO2 system. Enter the trade on the first red arrow (best entry), place your stop above the previous swing high (for sell signals) and take profit at risk-to-reward 1:2 or let the trade
The USD/JPY is currently trading at 104.36. That’s nearly 2500 pips higher than our early entry signal issued at 81.42. Just take a look at the image. Key resistance seen at 110.72.
EUR/USD volatility remains subdued in the last month of the year. We bought the pair at 1.3625 with low risk stop of only 30 pips. The pair advanced to its highest level since October 2013 (1.3810). Key resistance seen at 1.3835.
We bought the pair at 1.6081 with small stop loss below the most recent swing low. The GBP pair is currently trading at 1.6212. Next major resistance seen at 1.6263 (failed to break twice). Will it break now?