Inspired by an indicator I found on stevehopwoodforex.com and the endless possibilities of tradingview.com I came up with this currency strength visualisation concept. *Please hit the zoom-out button once* (or more if you're feeling wild) This may look like a mess, but the last few "bars" on the chart are holding some useful information! I'm sure I'm not the...
Friends, WHAT MY ANALYSES IS AND IS NOT: Before I gladly answer a request for a medium-term and short term predictive analysis and forecasting for this $AUDNZD pair, I would like to caution the trader by saying two things about the purpose and manner in which I render the predictive and forecasting values. First: My predictive analyses and forecasts are...
This pair is about to complete it's first leg of correction, and can be sell for target 1.099 to 1.0760 area
There is a strong probability for a retest after MACD shows 2x Minor or 1x Major Bullish Divergence. Im looking forward for reaching the red horizontal resisance lines.
Friends, Last Wednesday, June 04th, I released two bearish targets, namely: 1 - TG-1 = 1.08986 - 04 JUN 14 and 2 - TG-2 = 1.08521. (Source: ) Both of these bearish targets got hit with great precision as of this hour (see M14 timeframe for a closer look of the price action relative to these two bearish targets here: ). A third target, standing at the...