Craven64

Craven64

Pair rebounded off the -2% monthly return mark. Save havens were the place to be this week, however there could be opportunity for buyers here. Poor data being factored in for the dollar just now on unemployment claims. If we see positive releases for this we can put momentum back onto the dollar. Closing above 0.90 will likely see continuations to -1% monthly return.

Craven64

Middle east tensions will likely be the focus of the week. Some anticipated negative data expected for the dollar this week can help this kick up. Good value at $85 buys. The group at Fundamental traders lounge have been analyzing gold for similar reasons. No real reason for the rise not to continue.

Craven64

This is going to be very dependent on market opening, as we don't know how the market will react to the ongoing situations in the middle east. However, a strong reaction to end last week has brought the pair near an interesting level. I don't see a huge incentive for the EURO to push higher against a strong dollar where there has been an increased discussion on...

Craven64 Updated 

Amidst what appears to be a form of YEN intervention yesterday. Certain technical levels holding out again. Macro picture hasn't changed much. Pound potentially in an oversold state and sessions before end of the week could bring this pair back to the 181 level. Position entered but will tread carefully.

Craven64 Updated 

Excuse the art work.. Basing this position of recent Commitment of trader (COT) reports on leveraged funds coupled with recent hawkish data for the US Dollar.

Craven64 Updated 

I really like the look of this week for a number of pairs, but one I will share is EURCHF. Euro did improve current account and trade balances recently however the anticipated PMI upcoming data still shows a fairly bleak outlook and should reflect that in the early part of the trading week. CHF is known as a safe heaven and with likely positive policy rates to...

Craven64 Updated 

Will be looking for a structure similar to this to playout this week. Pound is considered to be one of the weakest currencies out of the G10. Further pressure anticipated from GDP data to be released throughout the week which could be a driver for bearish behavior for the currency. Mainly looking for a short term continuation of the structure in place

Craven64 Updated 

I think the big line means go high ! big circle ! !

Craven64

Current position

Craven64 Updated 

Looking to take advantage of another push down from this pair. TL break and downward momentum from 200EMA. £ is under the cosh!

Craven64 Updated 

This one seems to be going well. Took a long position on the dow jones. Price is battling through alot of adversity recently and managed to fight off bears at 233. Looking to reach a new high of the day to continue with bullish power. Fully aware that the a** could crash out of this soon however!

Craven64 Updated 

Same as last GBP analysis. Looking for the break and drop

Craven64 Updated 

Similar to last failed anaylsis (lol)

Craven64 Updated 

Going to try post some more intraday positions as of now - Overall trend is bearish Respecting downside of daily pivot point Break in 15min bull trendline Targetting todays daily support

Craven64

H&S pattern developed on 4H. Drop to continue.

Craven64

Looking for positive reaction from the .382. Entering long from that price. May see the inverse head and shoulders pattern develop from this. Majority retail traders are entered in short positions, so hopefully another rise higher before any more decline.

Craven64

Pair has respected the bearish Fib levels over the past month. FOMC statement tomorrow could really drive things down with an unsteady pound. Now waiting confirmation of; - Bull trendline break and reacting on the flipside - D1 closing below 50 EMA. But everyone is short on this right??

Craven64

First post in a while, Start of the week could be interesting for this pair. Really on the fence so will be keeping a close eye before entering. Heres my thoughts for both long and shorts; Long: Simple on this, bullish trend line has held from a good week for the US Dollar and could be a sign for things to continue over the coming weeks. If so 0.71 and beyond...