GBPJPY#2--->Waiting buy:Good day dear #investors and colleagues #traders.
Your attention a technical analysis of the currency pair #Gbpjpy:
#Comment_to_past_week:
The currency pair could not fix at the lower border of the ascending channel. Gbpjpy has probably suffered the most severe losses last week among all the currency pairs associated with the yen.
The currency pair fell by 610 points (4.2%).
#Technical analysis:
Globally (D1):
The pair left the narrow channel D1 by the standards of the ascending channel and headed without meeting any special support, dropping south to the minimum level since October 16 this year. On Monday, the currency pair drew the doges at the very bottom of the downward movement, if the currency pair does not decline today, and if it can grow, we can see a slight correction.
Locally (H1-H4):
The pair is consolidating in the range 139-137. Given the recent movement, we can assume that this is the formation of a support line and a zone of potential purchases.
Level 139 is the Fibonacci resistance of 23.6%, a breakthrough of this level will shift the attention of investors to level 140.
By tradition, we call the weekly support and resistance zones:
A) Support: 135.84 and 133.13;
B) Resistance: 140.23 and 142.93;
#Orders_and_position:
- Leading indicators: they tell us that the movement was too strong and is currently in the oversold zone and the current consolidation allows us to consider long positions.
- Indicators of price behavior: they say that price is only beginning to normalize movement. If consolidation continues, we recommend that you consider the next transaction.
- Transaction: buying the average price of the range 138 with #stoploss. 136.50 and #takeprofit 141 # RR = 2.0;
! Attention, you must wait for the normalization of price behavior.
! The Fund for Indirect Investor Asset Management (WMCI Asset Management), reserves the right to change stoploss and takeprofit levels in its trading, without notifying subscribers.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
Analytics
GBPUSD#2---> Time to buy:Good day dear #investors and colleagues #traders.
Your attention a technical analysis of the currency pair #Gbpusd:
#Comment for last week:
As we predicted, the key mark for the British currency was in the area of 1.30. This pair should continue the upward movement.
As is the case with the main investment risks.
As a result of negotiations between the UK and the EU, difficulties arose.
Statements of a big delay in their supply chain.
About 100 people were supposed to agree this week so that negotiations could continue until Thursday.
She wants to gain access to the European market, but she does not want to recognize the jurisdiction of the highest court of Europe. Europe, in turn, believes that they will gain access to their trading partner outside the EU.
Recall that today the Minister of International Trade said: "Great Britain can leave the Eurozone without a deal and abandon trade negotiations with the United States."
“Essentially, this is the same story (Brexit), but also a new chapter,” said David Madden, market analyst at CMC Markets in London. This was a negative comment from a government official. Most investors buy sterling. ”
From the materials of Ritvik Carvalho, Reuters.
# Technical analysis:
Globally (D1):
The global downtrend has continued this week, however, its slope has increased from 9˚ to 22˚, which demonstrates the increasing danger for investors and their desire to use the new growth to find sales.
Locally (H1-H4):
Locally, low movement is also widespread, now the key resistance zone is located on the lower border of the downward channel 1.2820 and only a breakthrough of this mark and confidence that the aforementioned lines can not even turn the tide for long.
By tradition, we call the weekly support and resistance zones:
A) Support: 1.2693 and 1.2562;
B) Resistance: 1.2984 and 1.3147;
#Orders_and_position:
- Leading indicators: they tell us about the excessively low price of the British pound, and stabilization above 1.2740 creates a certain consolidation for the possibility of a reversal.
- The indicator of price behavior suggests that this allows us to open a long position from 1.2768 with #stoploss. 1.2720 and # takeprofit 1.2900. # RR = 2.5;
! The Fund for Indirect Investor Funds Management (WMCI Asset Management) reserves the right to trade at the level of stop loss and take profit, without notifying subscribers.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
Analytics When I look at analytics, I see a pattern how companies/businesses are doing each year & how they make profit from the work that they’ve done in years past. Some can ruin businesses, some can’t ruin businesses. It depends on the companies goal’s every year & what workers/employees are trying to accomplish with their jobs. I think analytics can work in some ways where they track how many people go to sporting events/parties/shows & how much time they spend on social media websites. My prediction is that the companies can improve from year to year but it kinda really depends on a few things: salary & payout.
USDJPY#2--->Time to waiting:Good day dear #investors and colleagues #traders.
Your attention a technical analysis of the currency pair #Usdjpy:
#Comment_to_past_week:
The currency pair has become the main driver for all assets associated with the #yen. Market participants were, to put it mildly, shocked by Japanese #GDP data for the fourth quarter. Traders even needed to take a couple of days to analyze the received data in order to predict possible actions by the Central Bank of Japan.
Despite the fact that the central bank purchases assets everywhere, pours huge sums of money into the economy, all these actions cannot exactly disperse it.
Naturally, after such an impressive growth, and at the moment the growth reached 252 points, the investors decided to fix their positions before the CBA of Japan said their word.
As a result of the week, the currency pair added 180 points (+ 1.64%).
#Technical analysis:
Globally (D1):
Previously, the couple was in the wedge, last week the couple left this wedge forming an explicit ascending channel with the beginning of August 23, 2019.
Currently, the currency pair is in the center of this channel.
Locally (H1-H4):
Locally, the pair formed a correctional, descending channel on February 21. However, the current consolidation at levels 110.12 (technical level) and 110.07 (mathematical level) indicate a potential reversal.
This is especially true if the pair returns to the zone and continues to consolidate at these levels.
By tradition, we call the weekly support and resistance zones:
A) Support: 110.07 and 108.57;
B) Resistance: 112.00 and 112.64;
#Orders_and_position:
We remain aloof from actions on this currency pair, as well as on any pair with the yen, in view of tomorrow's meeting of the Bank of Japan (#BankofJapan.)
This is associated with the risk of possible inaction of Mr. #Haruhiko #Kuroda, the manager of the Central Bank of Japan.
Analyzing possible options, we understand that the arsenal of the Central Bank is already almost exhausted. The interest rate is already at a negative value, the quantitative easing program (#QE) is much more aggressive than in other countries.
Therefore, it is not clear what the Bank of Japan can give the markets.
It becomes especially impractical to open positions against the yen in view of the rumors that were even before the release of data on # GDP. They reported that the Central Bank is ready to either move away from its mandate, or even change it.
Due to such ambiguity, we do not open positions in one direction or another despite all the analyzes.
Recall that the meeting will be held this Thursday.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
USDCHF#2--->Hold sell from usdchf#1:Good day dear #investors and colleagues #traders!
Your attention a technical analysis of the currency pair #Usdchf:
#Comment_to_past_week:
The currency pair long and stubbornly did not want to give up and continued to go up until it met resistance in the zone of 0.9840-0.9845. Which, nevertheless, was able to deploy the asset to the south and by the close of the week the pair lost about 39 points (0.39%).
It seems that the story of the #coronavirus will not go away as easily as the main central banks of the world calculated, it will not be possible to fill it with money. And of course, as soon as market participants accepted this fact, protective assets began to be in sharp demand, and #franc was one of such assets.
#Technical analysis:
Globally (D1):
February helped #usdchf form an uplink, which is currently being tested for strength. It is imperative to understand whether it can withstand the pressure of sales in global stock markets. To do this, traders need to monitor the 0.9720 zone and how the pair will be redeemed from 0.9710 (61.8% Fibonacci). In the case of consolidation below 0.9710, we can see the next target at 0.9680.
Locally (H1-H4):
Locally, a fully formed downtrend of February 21 is observed. Yesterday, the currency pair came out of the triangle, which strengthened the position of the bears.
However, they came close to the price range, in which there were a lot of support zones, potential demand, and it was they who would decide whether usdchf would keep the global upward movement.
By tradition, we call the weekly support and resistance zones:
A) Support: 0.9752, 0.9722 and 0.9675;
B) Resistance: 0.9830, 0.9877 and 0.9907;
#Orders_and_position:
We continue to hold a previously open position sale from 0.9816 with #takeprofit: 0.9720 (We reserve the right to keep take_profit below) and #stoploss: 0.9864.
This position will be transferred to breakeven.
We will refrain from opening new positions.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
GBPJPY#1--->Waiting buy:Good day, dear #investors and colleagues #traders!
To your attention, a technical analysis of the #Gbpjpy currency pair:
#Comment_to_past_week:
The currency pair, under the influence of the factor #usdjpy, got rid of the major pair #gbpusd, this allowed to close the week +146 points (+ 0.98%).
In this asset, the difference in the indicators of economic data was especially felt.
It was rather difficult for the pair to determine the direction of movement and in the moment, it fell almost 100 points in the direction of our forecast.
#Technical analysis:
Globally (D1):
The currency pair changed the picture over the past week. Instead of a flat, on the daily chart, we got an upward channel with an obvious resistance zone: 144.03-144.60. By the way, at the time of writing, the pair is approaching the lower border of this channel.
Locally (H1-H4):
In this case, the global projection is also shown on lower time frames, and according to our estimates and our system’s estimates, in the conditions of a currency pair reduction to marks: 142.50-142.30, this can serve as a signal for a favorable place for shopping.
By tradition, we call the weekly support and resistance zones:
A) Support: 142.92 and 141.30.
B) Resistance: 144.30 and 145.57.
#Orders_and_position:
At the moment, the price is in a neutral state.
Therefore, we recommend that you refrain from opening positions at this time.
However, we recommend that you wait until the pair “finds” consolidation, only then, we suggest you open long positions with short stops.
By levels, this is the zone announced above: 142.50-142.30 (Only in case of consolidation at this level).
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
GBPUSD#1--->Waiting time:#Technical_analysis and #Orders
Good day dear #investors and #colleagues traders!
Your attention a technical analysis of the currency pair #Gbpusd:
#Comment_to_past_week:
The currency pair was not able to take advantage of the positive macro-economic data that came out last week. # Pound paid more attention to verbal statements of politicians #Britain and #EU, which pushed him down and by the end of the week he sank 90 points (0.69%).
Many market participants expected more negative data, as they came out a month after #UK left the EU.
#Technical_analysis:
Globally (D1):
The foggy Albion currency continues to be in the downward channel. Along with this, it should be noted that the price behavior has fixed the bulls' possible hope for a change in this trend.
The currency pair went through excellent consolidation on February 20. Good growth after this consolidation and a “buyback” in the event of a pair failure in the zone 1.2890-1.2900 tells us that the bulls are currently forming a double bottom with the target of 1.3143 - 1.3184.
However, this formation is possible exclusively, provided that the pair can fix above 1.3020.
Locally: (H1-H4):
And also, this currency pair today formed an excellent picture and created an upward channel that confirms the global theory. However, even at the local level, resistance 1.2980-1.3000 plays a key role in understanding further price movement.
By tradition, we call the weekly support and resistance zones:
A) Support: 1.2852 and 1.2748.
B) Resistance: 1.3057, 1.3158 and 1.3262.
#Position_Orders:
Last week, we recommended: sale from 1.3029 and #takeprofit 1.2870 and #stoploss 1.3108 and it worked.
This week, we took a wait and see position, for a clearer understanding of the direction of movement.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
Esperando Retroceso A,B,C EURUSDEste Par ha tenido una fuerte caida completando asi desde mi punto de vista 5 ondas de Elliot, y retestear un fuerte piso, queriendo asi quizas no seguir bajando, a mi personalmente me encantaria un rompimiento de estructura, para luego despues de un retroceso, entrar largo, desde mni perpectiva no es recomendado entrar largo hasta que no rompa la estructura bajista.
USDJPY ---> Time to buy(again):Good day, dear investors and colleagues traders.
Your opinion technical analysis of the currency pair #Usdjpy:
The currency pair continues its downward movement and went even deeper into the zone of potential purchases. Compared to the opening, the currency pair lost 0.59%.
The asset reduces the Range (amplitude coefficient of movement) from 150 to 94 points, which allows us to say that the last decline is only temporary.
Three-day trend angle = 12.3˚
Two-day trend angle = 29˚
Last week, our system recommended the purchase of this pair from 109.13 without #takeprofit (since our goals are higher than local analysis) and #stoploss 108.40.
Despite the fact that we received a loss, we all continue to consider this currency pair extremely interesting in terms of purchases and medium-term goals.
We will look for consolidation areas for short-stop purchases. We want to pay special attention to several levels:
I) 108.01
II) 107.67
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
EURUSD --- > Waiting result:Good day, dear investors and colleagues traders.
Your technical analysis of the currency pair #Eurusd:
The currency pair pushed off from the potential buying area and did not go beyond the level of 1.1000. This allowed the bulls to seize the initiative and the single European currency completes the week with a moderate increase of 0.59% compared with the opening of the week.
The asset increased its Range coefficient (amplitude motion coefficient) from 87p. up to 116p.
Three-day trend angle = 19.3˚
Two-day trend angle = 29.2˚
The technical picture is identical on both local and global time frames. Currency pair left the downward channel.
The objectives for the currency pair and the zone from which we will seek sales are as follows:
I) 1.1128
II) 1.1163
III) 1.1231
We will seek sales because the currency pair has entered the sales area.
Our recommendations: buying from 1.1000 with #stoploss 1.0950 and #takeprofit 1.1100 (RR≈2) currently makes a profit of 100 points or 1% of the deposit.
We currently recommend three options:
I) Close the recommended position;
II) Move the position to breakeven;
III) Close part of the position, and transfer the other to breakeven;
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
EURJPY --- > Buy still relevant:Good day, dear investors and colleagues traders.
Your opinion technical analysis of the currency pair #Eurjpy:
The currency pair continues to consolidate in a narrow range of 119.78 - 120.42. The weekly close did not change much and the week passed under the flag of extremely weak volatility.
There is no point in considering the Range coefficients and the tilt angles of 2, 3-day averages, since they are all close to the minimum values.
The technical picture also keeps us in a narrow consulting range.
We continue to believe that the currency pair has upside potential. Our indirect management fund continues to hold its position: a purchase from 120.04 with #stoploss 119.20 and without #takeprofit (because our goals are higher than local analysis).
The potential goals for this line item are:
I) 120.55
II) 120.88
III) 121.27
The currency pair left the zone of the potential purchase zone, as a result of which the client recommended:
I) Hold this position, although the pair left the zone of potential purchases.
II) Close the deal to open and wait for a new fall in the potential zone of purchases.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
GBPUSD --- > Waiting consolidationGood day, dear investors and colleagues traders.
Your opinion technical analysis of the currency pair #Gbpusd:
The currency pair began its week not very positively and found a local bottom in the region of 1.2989 - 1.2975. The positive (more hawkish look) from the members of the Board of the Bank of England (#Boe) was taken very unexpectedly and market participants began to buy the pound. Thus, the currency pair completes the trading week with a result of + 0.99% to the US dollar.
The asset practically did not change the fluctuation of the Range coefficient (amplitude coefficient of motion) remaining in the region of 200 points.
But the trend angles have changed:
Three-day trend angle = 39.3˚
Two-day tenet angle = 42.4˚
The technical picture is more than positive, the currency pair has finished consolidating and has withdrawn from the range of trading that lasted from January 6, 2020.
The next target for the currency pair is 1.3260 consolidated zone on January 1. By the way, it is she who is the upper boundary of the ascending channel in which the currency pair is located.
According to our estimates, the currency pair is in the zone of potential sales, however, some consolidation or decrease from one of the key levels should be noted:
I) 1.3286
II) 1.3364
III) 1.3520
We will look for opportunities to sell precisely from these levels, or if consolidation begins in front of them.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
GBPJPY ---> Near sell zone, but still get a long(bull) position:Good day, dear investors and colleagues traders.
Your opinion technical analysis of the currency pair #Gbpjpy:
Gbpusd. In parallel with the repetitive behavior of majors. 141.52-141.40. Great support was open.
The gain against unexpectedly strong statements by the Bank of England was + 0.75%.
The asset slightly reduced the Range volatility (amplitude coefficient of motion) from 234 to 203 points.
The slopes of the average daily trends are declining, which indicates a possible correction:
Three-day trend angle = 24.9˚
Two-day trend angle = 14.8˚
She was consolidated at the upper limit.
Consolidation is ongoing.
Currently, the pair is in the neutral zone.
We continued to hold the previously recommended buying position from 141.97 with #stoploss 140.80 and without #takeprofit (because our goals are above the local analysis).
0.9% of the deposit in the presence of 1% per transaction.
Prices for the following levels:
I) 143.48
II) 144.57
III) 145.87
The currency pair is currently in the neutral zone.
We currently recommend three options:
I) Close the recommended position;
II) Move the position to breakeven;
III) Close part of the positions transferred to breakeven;
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
USDCHF ---> Carefully buy:Good day, dear investors and colleagues traders.
Your attention a technical analysis of the currency pair #Usdchf:
The currency pair came across strong resistance around 0.9760 and it jumped to its current values, having lost 0.74% since opening last week.
The asset left unchanged the Range coefficient (amplitude motion coefficient)
Three-day trend angle = 37.4˚
Two-day trend angle = 46.4˚
The asset continues to move in a downward movement, however, this movement seems excessive and too strong for us.
Our system tells us that the asset has already entered the zone of potential purchases.
As a result of this, we will look for consolidation zones for purchases.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
USDJPY ---> Time to Buy:Your attention a technical analysis of the currency pair #Usdjpy:
The asset is locally in a downward movement, the angle of this decline is 11˚. A change in trend is not confirmed by an increase in the Range coefficient (Amplitude coefficient of motion), therefore, we consider this movement to be only a correction.
We assume that the currency pair has entered the zone of potential purchases and recommend considering current prices as an opportunity for purchases.
Factors affecting our position:
1. Consolidation above 108.93;
2. The asset is in the zone of potential purchases;
Stop Loss Level (#StopLoss): 108.40
Take Profit Level (#TakeProfit): 110.20 (I)
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
Ethereum - global trend reversalA global trend reversal of ETHUSD is being prepared. The price of ether may double, or at least grow significantly.
There are two arguments for long Ethereum:
1) Double bottom on timeframe 1 week.
2) The bulls again managed to get the price out of the 115$-150$ zone. A large volume is accumulated in this range. This is confirmed by both the horizontal and vertical volume profile.
So, the priority now is to buy this coin.






















