Binary winning system VS Forex

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23/07/2021

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Here is the market outlook for this week: 22>28 Oct 2017EURUSDDominant bias: NeutralPrice went down at the start of last...
22/10/2017

Here is the market outlook for this week: 22>28 Oct 2017

EURUSD
Dominant bias: Neutral
Price went down at the start of last week before going up on Wednesday and Thursday then dropped again on Friday to create a neutral bias. A rise in momentum is expected this week, but the outlook will remain neutral while price is bound by the resistance line at 1.1900 and the support line at 1.1700. A decline is more likely this week, due to a strong bearish outlook on EUR pairs.

USDCHF
Dominant bias: Bullish
Roughly 110 pips was gained this month, which allowed the resistance level at 0.9850 to be tested. As EURUSD continues to fall and the 0.9850 level is breached, the next target will be the resistance level at 0.9900, though the support level at 0.9800 may be tested briefly in the interim - despite bullish effort.

GBPUSD
Dominant bias: Bearish
The drop of around 190 pips last week tested the accumulation territory at 1.3100 before a shallow rally occurred on October 20 - providing a good opportunity to go short at a slightly higher price while a Bearish Confirmation Pattern is present. This week, the accumulation territories at 1.3150, 1.3100 and 1.3050 may be reached (especially if USD remains strong).

USDJPY
Dominant bias: Bullish
The 170 pip climb last week reached the supply level at 113.50 and should continue this week due to a strong US dollar and a weak Yen, so the next targets are the supply levels at114.00 and 114.50 - possibly even the supply level at 115.00, but strong up movement will be required.

EURJPY
Dominant bias: Bullish
After consolidating during the early part of last week, a climb of 200 pips resulted in a close above the demand zone at 133.50 on Friday. Further upward movement is likely as price is expected to reach the supply zones at 134.00, 134.50 and 135.00 before the end of the week. Should a correction occur, it will be shallow and challenged by the demand zone at 133.00.

GBPJPY
Dominant bias: Bullish
The biases on this volatile cross were neutral in the short-term and bullish in the long-term, but a bullish signal has been generated in the 4-hour chart - corroborating bullishness on higher time frames. The outlook is now bullish, leaving the opportunity for the supply zones at 150.00, 150.50 and 151.00 to be reached this week. Meanwhile, the demand zones at 149.00 and 148.50 pose a formidable challenge to bears.

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Here is the market outlook for this week: 15 -21 Oct 2017EURUSDDominant bias: BullishPrice went up last week, creating a...
15/10/2017

Here is the market outlook for this week: 15 -21 Oct 2017

EURUSD
Dominant bias: Bullish
Price went up last week, creating a short-term bullish signal before a correction occurred on Friday. This week, movement above the resistance line at 1.1900 will strengthen the current bias (an unlikely event), while movement below the support lines at 1.1750 and 1.1700 will result in a bearish bias (more likely, as the outlook on EUR is bearish for this week).

USDCHF
Dominant bias: Bullish
This pair is precariously bullish, as no significant movement was seen last week, apart from a 50 pip drop. Movement will be determined by what happens to EURUSD - weakness may maintain the current bullish outlook, otherwise a steady decline can be expected this week.

GBPUSD
Dominant bias: Bullish
There is a “buy” signal with a Bullish Confirmation Pattern present. Over 210 pips was gained last week, and further gains are expected this week - targeting the distribution territories at 1.3300, 1.3350 and 1.3400. The “buy” signal will remain valid unless the accumulation territories at 1.3150 and 1.3100 are breached.

USDJPY
Dominant bias: Bullish
The outlook is bullish in the long-term and bearish in the short-term, but no significant down moves were seen last week, and price closed below the supply level at 112.00 on Friday. For a bearish signal to be generated, price will need to fall 200 pips (which may also form a long-term bearish bias), but if price climbs, the current bias will be strengthened.

EURJPY
Dominant bias: Bullish
After climbing at the beginning of last week, testing the supply zone at 133.50, price dropped about 120 pips on Thursday. The bias is bullish in the long-term, which will be strengthened as price proceeds to climb while the demand zones at 132.00, 131.50 and 131.00 will try to impede any further bearish movement, however the bias will change if price goes below the demand zone at 131.00.

GBPJPY
Dominant bias: Bearish
There was consolidation last week that is likely to continue this week barring a rise in momentum. Price will need breach the supply zone at 150.00 (creating a bullish outlook) or stay below the demand zone at 147.00 (strengthening the bearish bias). Consolidation (in the context of an uptrend) will continue while price remains within those boundaries.

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This is the market outlook for this week:-) 24 sep - 30 2017EURUSDDominant bias: Neutral A faint bullish attempt occurre...
24/09/2017

This is the market outlook for this week:-) 24 sep - 30 2017

EURUSD
Dominant bias: Neutral
A faint bullish attempt occurred between the 18th and 19th, fell back on the 20th, then rose on the 21st and 22nd. With no conspicuous bullish / bearish victory, the market remains neutral. Price needs to move above the resistance line at 1.2050 (staying above it), or below the support line at 1.1850 (staying below it) for a directional bias to form.

USDCHF
Dominant bias: Bullish
The move up last week (following early consolidation) has generated a bullish signal, so further gains are possible this week with the resistance levels at 0.9700, 0.9750 and 0.9800 as targets. Dropping below the support level at 0.9650 will force the market back into neutral territory, while breaching the support level at 0.9500 will result in a strong bearish bias.

GBPUSD
Dominant bias: Bullish
This pair consolidated throughout last week, albeit in the context of an uptrend. Price has gained roughly 700 pips this month, and more is possible. The distribution territory at 1.3650 (tested last week) is likely to be breached as other distribution territories are targeted this month. The outlook for GBP pairs therefore remains bullish for this week.

USDJPY
Dominant bias: Bullish
Last week saw gains of 150 pips (testing the supply level at 112.50) before correcting slightly. There is a clean Bullish Confirmation Pattern signaling further bullish movement this week, so the supply levels at 112.50, 113.00 and 113.50 might be reached before the end of the month. The demand levels at 111.50 and 111.00 will impede bearish attempts along the way.

EURJPY
Dominant bias: Bullish
The outlook is now bullish in the long and short term. Last week saw gains of 190 pips followed by a shallow correction on Friday – likely pre-empting a rise towards the supply zones at 134.00, 134.50 and 135.00. The outlook for JPY pairs is strongly bullish this week.

GBPJPY
Dominant bias: Bullish
About 1,100 pips were gained this month before the correction on Friday. Further correction is possible, but is unlikely to result in a bearish bias (JPY pairs are mostly expected to go upwards this week). It would, however, provide opportunities to enter the bullish trend at better prices as gains of 200 - 300 pips is anticipated before the end of September.

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20/09/2017

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Here is the market outlook for this week :-) 29 May - 3 Jun 2017EURUSDDominant bias: BullishThere was consolidation last...
28/05/2017

Here is the market outlook for this week :-) 29 May - 3 Jun 2017

EURUSD
Dominant bias: Bullish
There was consolidation last week as price moved between the support line at 1.1150 and the resistance line at 1.1250 (which was tested several times, but remained unbroken). A breakout above 1.1250 is anticipated before the end of the week, but the outlook is bearish for June.

USDCHF
Dominant bias: Bearish
Activity was sideways last week in the context of a downtrend - price oscillated between the resistance level at 0.9800 and the support level at 0.9700 that was tested several times but held firm. A weak Greenback and a strong Swissy will provide a decline, with the support level at 0.9700 likely to be broken. This trend will reverse when EURUSD plummets in June.

GBPUSD
Dominant bias: Bullish
This pair is bullish in the long term, but bearish in the short term. The market was caught in an equilibrium phase from Monday to Wednesday before heading south on Thursday and Friday with a 200 pip drop from the distribution territory at 1.3000 to the accumulation territory at 1.2800 (a well-anticipated occurrence). The outlook on GBP pairs is bearish for this week and the rest of June.

USDJPY
Dominant bias: Neutral
With no significant movement last week, the outlook remains neutral in the long-term, but bearish in the short-term. The demand level at 111.00 was tested several times, so the most probable direction is south as the demand levels at 111.00, 110.50 and 110.00 are breached.

EURJPY
Dominant bias: Bullish
Last week saw no significant moves - just a slight bearish movement on Friday in the context of an uptrend. June is likely to be quiet, but the outlook for JPY pairs is bearish in general. A drop of at least 300 pips is likely within the next two weeks, which will end the current bullish bias.

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EURUSDDominant bias: BullishLast week saw price test the support line at 1.0850 before closing above the support line at...
14/05/2017

EURUSD
Dominant bias: Bullish
Last week saw price test the support line at 1.0850 before closing above the support line at 1.0900 on Friday, which left the outlook bullish in the medium-term, but neutral in the short-term. Movement above the resistance line at 1.1000 will strengthen the existing bullish bias, but movement below the support line 1.0700 will threaten it. Pullbacks are possible this week, but a bearish bias will not develop until the support line at 1.0700 is breached.

USDCHF
Dominant bias: Neutral
There was a climb of 230 pips last week which tested the resistance level at 1.0100 before pulling back towards the support level at 1.0000. The short-term bearish signal was overridden by the move up experienced early last week, but further bullish effort has been hindered by the pullback on Friday so a protracted move is needed to form a directional bias.

GBPUSD
Dominant bias: Bullish
Although price consolidated throughout last week, a bullish outlook remains, but further consolidation will result in a neutral outlook. The accumulation territory at 1.2850 was tested last week and, as current price action shows noticeable weakness in the bullish trend, there is an increased chance of large pullbacks - especially once the accumulation territories at 1.2850 and 1.2800 are breached.

USDJPY
Dominant bias: Bullish
Price moved up last week and briefly breached the demand level at 114.00 before corrected by 80 pips on Thursday and Friday. The bias remains bullish while price stays above the demand level at 112.00. The supply levels at 113.50, 114.00 and 114.50 may be targeted this week.

EURJPY
Dominant bias: Bullish
Consolidation occurred last week in the context of an uptrend as price remained between the demand zone at 123.00 and the supply zone at 124.50. A rise in momentum is anticipated this week that should emphasize the current Bullish Confirmation Pattern - especially when the supply zone at 125.00 is overcome. The bullish bias will be jeopardized if price falls below the demand zone at 122.00.

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Here is the market outlook for this week 9 >15 Apr 2017EURUSDDominant bias: BearishLast week saw price move sideways fro...
09/04/2017

Here is the market outlook for this week 9 >15 Apr 2017

EURUSD
Dominant bias: Bearish
Last week saw price move sideways from Monday to Friday before falling and closing below the resistance line at 1.0600 (almost reaching the support line at 1.0550). Although rallies may occur, they will only be temporary. A Bearish Confirmation Pattern remains, and will lead to the support lines at 1.0500 and 1.0450 being tested this week.

USDCHF
Dominant bias: Bullish
After consolidating at the start of last week, there was a climb of 80 pips (270 pips since March 27). This week will see the resistance levels at 1.0100 and 1.0150 tested, but the support levels at 1.0050 and 1.0000 might impede short-term pullbacks. There cannot be a decline in this pair without a strong EURUSD uptrend.

GBPUSD
Dominant bias: Neutral
With no directional movement last week, an equilibrium phase will continue while price stays between the accumulation territory at 1.2300 and the distribution territory at 1.2600. A strong bullish trend is forecast for GBP pairs, so a break upwards may be seen before the end of the week.

USDJPY
Dominant bias: Bearish
This pair consolidated last week between the supply level at 111.50 and the demand level at 110.00. With the bearish outlook for JPY pairs this month, further decline can be expected once the demand level at 110.00 is breached.

EURJPY
Dominant bias: Bearish
After dropping 110 pips last week (roughly 500 pips since March 13), the demand zone at 117.50 was tested. If the demand zone at 117.50 is breached then the demand zones at 117.00, 116.50 and 116.00 will be tested.
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Here is the market outlook for this week :-) 26 >31 Mrt 2017 EURUSDDominant bias: BullishThis pair still managed to hold...
26/03/2017

Here is the market outlook for this week :-) 26 >31 Mrt 2017

EURUSD
Dominant bias: Bullish
This pair still managed to hold out with a bullish signal last week, given the current short-term consolidation in the market. Price reached the resistance line at 1.0800 and moved sideways untill Friday. There were many unsuccessful attempts to breach that level but price could not stay above it. This week, may have more luck. A strong possibility of weakness remains in the market, unless USD continues to show weakness versus EUR.

USDCHF
Dominant bias: Bearish
After a 70 pip drop last week, which tested the support level at 0.9900, a level that will most likely be breached this week (while selling pressure remains in the market). Since price fell below the psychological level at 1.0000, it will be difficult for it to go above that level again. There are potential targets at the support levels of 0.9850 and 0.9800 this week, which could be reached as long as this pair continues to show weakness.

GBPUSD
Dominant bias: Bullish
After reaching the distribution territory at 1.2500; this pair consolidated untill the end of the week. A strong Bullish Confirmation Pattern remains in the market, while the outlook on GBP pairs continues to be bullish, with further bullish movement to be expected this week. This pair will continue to climb by a minimum of 150 pips, testing the distribution territories at 1.2550, 1.2600 and 1.2650.

USDJPY
Dominant bias: Bearish
With a 160 pip drop last week (430 pips since March 10), this led to a strong bearish bias on the market, which will continue as long as this pair remains weak. The demand level at 111.00 was tested several times last week, but price managed to close above it. This week, further down movement can be expected, once the demand level at 111.00 is breached. However, there is an indication of possible rallies on JPY pairs before the end of the month, which will also affect this pair.

EURJPY
Dominant bias: Bearish
Last week saw a 180 pip drop (310 pips since March 13), which tested the demand zone at 119.50. There is currently a “sell” signal in the market, which may enable the demand zones at 119.00 and 118.50 to be reached, however there could be a rally before the end of the month which is also expected on other JPY pairs.

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