Congrats on our previous sell. However still on the buy trend, Wait for reversals as long as 1.28500(Bottom trendline, Supports) isnt broken then swing buy back up to 1.31500. Also note upon the final hearing on Brexit on 31st we would get to see more volatility that can change the market. so apply proper risk managements. Please comment and share your ideas on...
We can clear see that GBP has been strong since the brexit deal is confirmed, however lets remember that fundamentals follow technicals, is very strong resistance and we may see further drop, not sure if it will be a trend or just the range price
Interesting performance of the bank. Spanish socialist-left political environment, Brexit and IRPH trial results to be known either next week or the first of February may affect negatively the company. However, in June 2019 news of Sabadell reducing its exposition -43% to IRPH and expecting an impact of €800 million instead of €1,600 million from Bankia or €6,446...
GBPCAD to me still looks bearish. Sticking with the GBP bearish bias this week. Things to look for: Strong support (black horizontal line) Where the market opens - If the market opens above the trend line then we could have a bias change but as is on the frozen chart - bearish Please leave a like and a follow so you never miss any of my ideas in the future I'm...
See chart. GBPAUD has been pending a drop for a very long time. Within the channel it has tested this upper trend line for a very long time Planning entry: Keep an eye on this key zone (yellow) if price breaks and closes below this area during the week we could be looking at a very nice short opportunity 100+ pips! Please leave a like and a follow as it really...
Price again testing the upper trend line after a false break from election period. Upcoming week is key and all attention on UK Brexit conclusion. Boris finally pushed his Brexit plan and on Friday 31st UK is leaving the EU. Also on Thursday we have BoE, Carney's last meeting, with various call from board members to potentially cut the rates to boost the economy....
GBPUSD is still showing bearish movement but we need to watch 61.8 fib level which will be reached in a day or two. Trade management is the key.
i seeing a potentialn short for gbpnzd .. i see it pushing to make a new high to create the second leg/head then dropping from there.. buy for rn im long on gbpnzd
Congrats on our previous swing buy to 1.31000 and then now its retracting good for a sell back to previous supports @1.30000.. Please comment and share your ideas on this particular pair too. thanks!
Wednesday was remembered by the next highs in the US stock market. The madness continues, but characteristic is the reluctance of gold to decline against this background. It turns out that buying gold is currently practically risk-free: with an increase in demand for risky assets, it does not fall, but at the same time, any concerns of investors instantly provoke...
-Gbpusd the last few days was respecting technical analysis but the next days till 31/1 will not respect technical analysis at all it will only move fundamentally as we are speaking technical on weekly time frame gbpusd is in uptrend also on daily time frame -what we expect: we expect every down movement is a buy opportunity -fundamentally: Johnson getting brexit...
FX:GBPJPY A very difficult cross to read technically at this stage, in which we are in an obvious range with many price structures. If it were to breakdown it would be extremely risky to enter short because you could bounce back on the level just below. If it were to breakup instead there would be more potential gains on the Risk Reward profile, although there is...
Monday turned out to be a fairly calm day for financial markets. The reason on the surface is a day off in the USA. So today it will almost certainly be more volatile and interesting. The Bank of Japan set the pace to the news background early in the morning. Monetary policy parameters were left unchanged. The press conference will be somewhat later than the...
The pair is forming a sweet symmetrical triangle pattern and we'll see a strong bullish move, also, UK's exit from the EU on January 31st will be taken well by the investors.