GBPCHF: Connected harmonic structures suggesting potential debasement

  • 20/04/2017 11:37 AM
  • Amir El Araby
  • 204
  • 26
  • 25
  • 0

After bottoming out in the 1.20 zones, the GBPCHF pair has inched higher within three waves that created potential bearish harmonic AB=CD pattern.This main harmonic formation has contained another potential bearish harmonic Crab pattern inside ABCD waves as seen on the provided GBPCHF four-hour chart below.With that in mind, we believe that, some kind of debasement could be under preparation.A...

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Results of FxComment prepaid signals for March / 2017

  • 06/04/2017 07:55 AM
  • Amir El Araby
  • 199
  • 24
  • 24
  • 0

Statistics of 2017:Total pips gained for the closed positions in March / 2017 = (+51 Pips)Total pips gained for the closed positions in February/ 2017 = (+507 Pips)Total pips gained for the closed positions in January/ 2017 = (+526 Pips)Monthly average in 2017= (+361 Pips)Total pips gained for the closed positions in 2017 until now: (+1084 Pips)Total pips gained in the closed positions of 2016: (+...

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Results of FxComment prepaid signals for February / 2017

  • 01/03/2017 09:17 AM
  • Amir El Araby
  • 136
  • 23
  • 23
  • 0

Total pips gained for the closed positions in February/ 2017 = (+507 Pips) Total pips gained for the closed positions in January/ 2017 = (+526 Pips) Total pips gained for the closed positions in 2017 until now= (+1033 Pips) Total pips gained in the closed positions of 2016:  (+4925 Pips) Monthly average in 2016= (+410 Pips) Notes: *In our risk management plan explained in the premium page, the p...

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Technical Analysis for Johnson & Johnson Share: Positive Catalysts Supporting Bulls

  • 20/02/2017 07:58 AM
  • Amir El Araby
  • 163
  • 24
  • 24
  • 0

Johnson & Johnson share is presently trading near the upper line of the classical broadening wedge pattern as seen on the provided daily chart where it stabilizes in the 118.86 levels. Technical Catalysts: A harmonic crab pattern is under construction with a confirmation above B point. Breaching through the upper line of the classical pattern will add more solidity to the bullish scenario. M...

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Results of FxComment prepaid signals for January / 2017

  • 27/01/2017 07:00 AM
  • Amir El Araby
  • 145
  • 24
  • 23
  • 0

Total pips gained for the closed positions in January 2017 = (+526 Pips) Total pips gained in the closed positions of 2016:  (+4925 Pips) Monthly average in 2016= (+410 Pips) Notes: *In our risk management plan explained in the premium page, the position equals approximately 1% of the equity; accordingly, the 100 pips= 1% approximately up and down. Additionally, we put in our consideration the v...

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Classical targets for IBM share

  • 25/01/2017 11:14 AM
  • Amir El Araby
  • 126
  • 23
  • 23
  • 0

IBM share has been able to breach through the neckline of the classical inverse head and shoulders pattern along with clearing the resistance of the broadening wedge pattern where it stabilized around 175.90 regions. The confirmed breakout is fair enough, but another break above 176.30 will trigger further appreciation, targeting 191.6 followed by 200.00 psychological and 215.90 respectively. Ass...

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Harmonic targets for General Motors (GM) share

  • 11/01/2017 13:03 PM
  • Amir El Araby
  • 136
  • 22
  • 22
  • 0

General Motors share has been able to breach through the sloping resistance line appearing on the weekly chart whereas it succeeded in retesting it before inching higher again to stabilize around 37.35 regions. Potential targets for the connected harmonic Crab patterns reside at 42.50 levels after stabilizing above the neckline of the bigger pattern. Corrective actions are awaited from 42.00 leve...

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Potential harmonic targets for Amazon share

  • 09/01/2017 09:30 AM
  • Amir El Araby
  • 127
  • 22
  • 22
  • 0

Amazon share has been able to breach through the red line of the symmetrical triangle in addition to clearing the B point of the bearish harmonic crab pattern to stabilize around 796.00 regions. We believe that, Amazon will target 804.00 levels followed by 826.00 where it completes the triangle, touching the PRZ- potential reversal zones- of the harmonic pattern as far as it stabilizes above 782....

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Technical analysis for twitter share

  • 03/01/2017 19:02 PM
  • Amir El Araby
  • 114
  • 22
  • 22
  • 0

Twitter share has been able to breach through the neckline of the classical pattern (H&S) seen on the four-hour chart, stabilizing around 16.30 levels. Moreover, we can see fine symmetry between the right shoulder and the suggested 5-0 pattern. The technical targets of the classical structure reside at 14.00 regions followed by 11.80, 10.50 and 8.00 respectively. Of note, we believe that, som...

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Crude oil: Butterfly over H4 offers fresh sell entries

  • 12/12/2016 11:25 AM
  • Amir El Araby
  • 131
  • 22
  • 22
  • 0

The four-hour interval of crude oil shows that an upside gap has been recently formed hauling oil towards 54.50 regions. Crude oil movements have been dominated by a fine Fibonacci symmetry that drew a bearish harmonic butterfly pattern as follows: B point met 70% Fibonacci -closer to 76.4%- of XA leg. CD leg started at 62% of AB leg Signs of trend exhaustion appeared in the 54.50 territories ac...

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EURJPY: Reasonable bearish actions; more negative pressures in store!

  • 28/11/2016 14:55 PM
  • Amir El Araby
  • 89
  • 1
  • 1
  • 0

By examining the daily studies of EURJPY, we easily can see how price behaviors have been dominated by a fine Fibonacci rhythmic that is close to be a butterfly pattern with B point placing above 61.8% Fibonacci retracement of XA leg. With that in mind, the three corrective waves from A point could be a preparation for resuming the major bearish direction over medium-term basis. Indeed, today’s c...

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Results of FxComment prepaid signals for 2016

  • 24/11/2016 11:13 AM
  • Amir El Araby
  • 99
  • 1
  • 1
  • 0

Total pips gained in the closed positions of 2016:   (+4925 Pips) as seen on the chart below. Monthly average in 2016= (+410 Pips) Notes: *In our risk management plan explained in the premium page, the position equals approximately 1% of the equity; accordingly, the 100 pips= 1% approximately up and down. Additionally, we put in our consideration the value of the pip for each pair. * According to...

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Eye on EURO,GBPUSD and USDJPY

  • 06/11/2016 19:26 PM
  • Amir El Araby
  • 45
  • 1
  • 1
  • 0

The upside recovery of EURO began with the last week of October following strong bearish actions that sent the pair towards 1.0850 zones where buyers found support above 1.0820….. Download the full article: euro-gbpusd-usdjpy-07-11-to-11-11

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Short-term trading idea: FX EUR/AUD – bear speculation: exit from the triangle formation and a break of the trend line

  • 17/10/2016 06:19 AM
  • Alpari Company
  • 41
  • 1
  • 1
  • 0

Trading opportunities for currency pair: the price has left the triangle formation downwards. The trend line was broken with this departure. The target for the downward movement is 1.3774. The time the target regions will be reached is from 11th to 28th November of this year. As our entry point we need to look from a bounce on the daily. A close of the daily candle above 1.4500 means we should hol...

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USDX: Classical breakout supporting our Elliott count

  • 16/10/2016 11:32 AM
  • Amir El Araby
  • 45
  • 2
  • 2
  • 0

With a classical breakout above the bearish trend line that connected the movements from 2015 high, USDX has added a new motivation that may affirm our previously suggested Elliott count over weekly studies. See the proposed Elliott count here. More upside actions seem to be in the store, reinforced by the positive signals appearing on Parabolic SAR and RSI indicators, which represent the represe...

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NZDUSD: Medium-term Fibonacci symmetry to watch!

  • 06/10/2016 12:43 PM
  • Amir El Araby
  • 45
  • 1
  • 1
  • 0

The weekly chart of the NZDUSD pair shows that prices have been dominated by a fine Fibonacci symmetry that has created a bearish harmonic bat pattern with ideal PRZ just below 88.6% Fibonacci of its XA leg. The reversal candlestick structure along with the negative signs on technical indicators reinforce the bearish prospects. The provided chart is a sample of the technical catches presented by...

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EURNOK (update): Breakout done, additional debasement awaited!

  • 03/10/2016 00:38 AM
  • Amir El Araby
  • 45
  • 1
  • 1
  • 0

In our previous technical analysis for EURNOK pair (published on September 13), we explained the technical situation, which suggested potential breakout below the neckline of the huge H&S top pattern over weekly studies. The charts below tell the story before and after achieving the aforementioned breakout. Indeed, bears succeeded in hauling EURNOK below the neckline, clearing the path for a...

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5 easy steps to get Fx Comment premium service (with pictures)

  • 28/09/2016 06:24 AM
  • Amir El Araby
  • 44
  • 1
  • 1
  • 0

**Fx Comment has launched its premium services a year ago and by joining our premium community, you will receive direct recommendations to your inbox and will be notified by WhatsApp broadcast system. **Click here to see detailed statistics for our service since we launched the service. **Members will have the access for reading special technical analyses in the” Hot Charts” section. **Of note, ou...

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Special offer for FxComment Premium Services

  • 21/09/2016 18:31 PM
  • Amir El Araby
  • 44
  • 1
  • 1
  • 0

On the occasion of the first anniversary of our prepaid Forex recommendation service, we present the following special offer: *Subscribe for 1 month and get 1 week for free *Pay for 3-month and get 2 extra weeks for free *Be a subscriber for 6-month and get 1 month for free *Subscribe for one year and get 45 for free **Results of prepaid FOREX Signals’ service presented by fxcomment.comhere: http...

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EURNOK: Huge classical pattern may offer fresh sell entries!

  • 13/09/2016 07:48 AM
  • Amir El Araby
  • 43
  • 1
  • 1
  • 0

The EURNOK pair has been trapped within a consolidation mode since August 2015. EURNOK has moved gradually to the downside after placing its medium-term peak in the 9.7500 territories as seen on the provided weekly graph. It seems that, EURNOK is on its way to provide fresh sell entries, reinforced by the enormous head and shoulders top pattern. The confirmation line of this potential classical s...

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