Trading plan for the European session on May 14 for the GBP/USD

Trading 14 mai 2018 Commentaire »

To open long positions on GBP/USD, it is required:

Reduction and formation of a false breakdown at 1.3541 will be the first signal to buy pound. If there is no demand for 1.3541, one can look at long positions after the 1.3500 support test with a short stop order below. The main task of buyers will be to go beyond the upper limit of 1.3591, which opens a direct road to resistance 1.3639 and 1.3689, where it is recommend to lock in profits.

To open short positions on GBP/USD, it is required:

While the trade is below resistance 1.3591, the pressure on the pound will be maintained, which will lead to a sellout in the 1.3541 support area, but the main target will be the 1.3500 area test, where it is recommended fixing the profit. In the case of growth above 1.3591 in the morning, selling can be resumed on a rebound from 1.3639.

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Description of indicators

  • MA (moving average) 50 days - yellow
  • MA (moving average) 30 days - green
  • MACD: fast EMA 12, slow EMA 26, SMA 9
  • Bollinger Bands 20
The material has been provided by InstaForex Company - www.instaforex.com

Wave analysis of the USD/JPY currency pair. Weekly review

Trading 14 mai 2018 Commentaire »

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Analysis of wave counting:

The incomplete calculation target in the area of 110.25 during the trades of last week did not allow the USD/JPY pair to reverse the dollar and on Thursday the price returned to the previously reached highs near the level of the 110th figure. At the same time, it can be assumed that the currency pair has retained the potential that allows it to go into the stage of formation of the first generating waves in the future wave 5, in c, in B, in (B). At the same time, the probability of the quotations rising to the level of 110.25, or even to 110.50, with the prospect of further complicating the internal wave structure of the entire 4th wave, in c, in B, in (B), also has not lost its relevance .

Targets for selling:

108.10 - 38.2% by Fibonacci

106.77 - 23.6% by Fibonacci

103.55 - 261.8% by Fibonacci

Targets for buying:

110.26 - 61.8% by Fibonacci

111.59 - 76.4% by Fibonacci

General conclusions and trading recommendations:

The USD/JPY pair continues the construction of the assumed wave 4, in c, in B, in (B). Now it is recommended selling the currency pair with the targets located near the estimated marks 108.10 and 106.77, counting on the beginning of the wave 5. The breakthrough of the mark 110.26 will lead to the complication of wave 4 and further increase of quotations with the targets being about 111.59 .

The material has been provided by InstaForex Company - www.instaforex.com

VIDEO: KFC Employees Attacked By Woman Throwing Items Across Counter Inside Restaurant

Trading 14 mai 2018 Commentaire »
A 20-year-old woman in Adelaide, Australia, was arrested Friday for being verbally and physically abusive toward KFC staff members. In a nearly 1-minute video recorded by a customer, the woman can be seen throwing objects, including receipt machines and card readers at employees behind the service counter. She was reportedly charged with property damage, disorderly conduct, two counts of assault and two aggravated counts of assaulting police and is set to appear in court at a later date.

‘Marvel’s Agents Of SHIELD’ Stars Celebrate Season 6 Renewal

Trading 14 mai 2018 Commentaire »
“Marvel’s Agents of S.H.I.E.L.D.” Season 5 will not be the last flight for our favorite team. ABC announced Monday that the flagship Marvel TV show will return for Season 6, and the cast and crew are beyond excited.

Runaway Teen Raped, Drugged By 4 Men Who Forced Her Into Prostitution, Police Say

Trading 14 mai 2018 Commentaire »
A 15-year-old girl in San Antonio says she was raped, drugged and forced into prostitution by four men, according to reports. The girl escaped Tuesday after claiming ill effects from drugs and then contacted police, authorities told the San Antonio Express-News. 

Amber Rose Declares Love For 21 Savage After Lil Pump Dating Rumors

Trading 14 mai 2018 Commentaire »
Amber Rose and 21 Savage may no longer be together, but it seems as if the star wants her ex-boyfriend to know she still loves him following rumors she is dating Lil Pump. On Monday, Rose shared an old photo of herself and the rapper, whose real name is Shayaa Bin Abraham-Joseph, to Instagram. In her post, the model expressed her admiration for her ex-boyfriend and praised him for supporting her throughout their relationship.

Why Meghan Markle’s Father Says He’s Not Attending Royal Wedding Anymore

Trading 14 mai 2018 Commentaire »
The Royal Wedding between Meghan Markle and Prince Harry is less than a week away, but big changes to the services are still being made. The former actress’ father, Thomas Markle, will no longer be attending the event, which means not only will Meghan not have her father there to witness her nuptials, but she also won’t have him to walk her down the aisle.

Beverley Mitchell Shares Tips, Lessons During Food Allergy Awareness Week 2018

Trading 14 mai 2018 Commentaire »
“7th Heaven” alum Beverley Mitchell might not have food allergies, but she knows what it’s like to live with severe intolerances. That’s why she’s teamed up with Nestlé Toll House in support of their new three-ingredient Simply Delicious Morsels in time for Food Allergy Awareness Week.

Tesla News: Elon Musk Looking To Reorganize Electric Car Company?

Trading 14 mai 2018 Commentaire »
Tesla Inc’s chief executive officer told employees on Monday the company is undergoing a “thorough reorganization,” as it contends with production problems, senior staff departures and two crashes last week involving its electric, self-driving cars. CEO Elon Musk said in an email it was “flattening the management structure to improve communication,” combining functions and trimming activities “not vital to the success of our mission” in the reorganization. The company confirmed the note that was disclosed earlier by the Wall Street Journal.

Warriors vs. Rockets: Why Houston Can’t Beat Golden State, Get To 2018 NBA Finals

Trading 14 mai 2018 Commentaire »
The Houston Rockets believe they can beat the Golden State Warriors. They have the NBA’s best record and the likely regular-season MVP. They have home-court advantage in the Western Conference Finals and are even favored to win Game 1.