Technical Analysis Contest CLOSED

1stplaceUSD

2,500 $

2nd place USD

1,500 $

3rd place USD

1,000 $

4th place USD

750 $

5-10th place USD

500 $

11-15th place USD

250 $

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Technical Analysis Contest results for August-October 2018 published

Please visit the results page to see who won. The prizes for winners will be credited soon. Regards,…

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Technical Analysis Contest results for July-September 2018 published

Please visit the results page to see who won. The prizes for winners will be credited soon. Regards,…

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New LIVE contests launch announcement

Hello, Community is on its way of restructuring and you might have noticed that its look changed…

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view all Winners

Place Nickname
Predictions

Instrument

Accuracy

Quality

Bonus

Total

Prize
Mepcuk
1st place
17 EUS.IDX/EUR 0.0111% 8 0 98 $2000
bakerator96
2nd place
37 NZD/CAD 0.0840% 5 10 91 $1500
bezalex
3rd place
64 AUD/NZD 0.0183% 2 0 87 $1000
TforT
4th place
42 USD/NOK 0.0355% 4 0 84 $690
Desormo849EU
5th place
51 EUR/GBP 0.0595% 6 0 84 $500

Contest Feed

  
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USD/JPY to see further downfall. 107-108 expected

USD JPY has seen great fall since past 1 month. The trend shows clear reversal of previous uptrend on daily charts. Which is confirmed by Momentum and Moving average indicators.
Take Profit 1 : 109.70
Take profit 2 : 107.70
Stop loss : 112.90 after which it will continue uptrend.
Daily Chart: Green shows Target area
Weekly Chart : Confirms Downtrend.
Monthly Chart: Shows Uptrend Reversal on even a longer term.
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EUR USD to go further down on technical charts.

EUR USD was on an uptrend since december 2016 an started falling since Jan 2018. This downtrend will further continue as the tech charts show long term reversal on weekly charts. which is confirmed by momentum 23 and moving average 50 indicators
Target 1: 1.1550
Target 2: 1.1230
Stop loss: 1.1900
Daily Chart confirms the movement towards the target prices
Monthly charts show long term downtrend which is expected to follow
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