This analysis is in line with TheMarketHacker's Forex Fundamental Outlook for the 3rd Week of November 2015 Hacking the Fundamentals Nothing new came out of the FOMC Meeting Minutes from October released hours ago. But the market reacted confusingly, triggering a rally for the USD that was instantly negated early in the Asian Session. Some people are...
$1,000 per ounce is near - an existential victory for Wall Street Historically, gold has been a go-to for times of financial uncertainty, whether deflationary or inflationary. Unfortunately, with the perception that central banks around the world will stimulate until growth shows up (hasn't so far) and a global slowdown won't turn into a global recession, gold...
We have a rounded bottom on chart, visible in the 5 day chart, where we can also appreciate that RgMov is in an uptrend and CCI has given us a hidden bullish divergence signal. This, paired with the quarterly and weekly downtrend in the gbpusd pair, and the fact that the eurusd is completely overextended, and has almost hit my weekly downtrend target, I expect...
In this chart I share the way I'm looking at the Euro before today's shock event. The 4h chart provides us with a more granular look at the price action, and helps identify the catalysts visibly on chart in the form of the callouts you see here. The current juncture is that of a 4h downtrend, as insinuated by Rgmov (not shown on screen), and by the price action...
We have seen a very volatile range in the Dax recently, in lower timeframes, but if we use a bird's eye view of the situation, we can see that the previous mode support from this leg's uptrend held and it's about to fire an uptrend signal. My previous monthly downtrend analysis is currently invalid, and we can expect to get excellent opportunities on the long side...
In my previous analysis I was looking for uptrend continuation after price confirmed a weekly uptrend using time at mode. This pair had been coiling very tightly until it broke up initially, but the follow through has shown the power of the bears. After Mario Draghi's speech, evidently we had a lapsus of complete agreement between market participants, a paradigm...
The previous analysis on this pair failed and led to a massive paradigm shift in the markets, which struck me with clarity. I'll look for long positions in this pair on any chance that I get. The quarterly chart has an uptrend signal that will confirm by year end's close, as long as it's above 0.9324. There's resistance above, let's see how price reacts to...
I had posted bullish setups in the past, which got invalidated. At the time, I didn't expect such a massive sell signal to emerge, but now it's confirmed. This serves as demonstration, since you can't enter safely now, but you can know the direction the index will take in the intermediate term. The downtrend signal aims for 7430, in the span of 5 months max,...
as you can see in my comments, I think we are now in a situation where we could potentially experience 3 outcomes to this macroeconomic puzzle. Well now we have 3 possibilities 1) we start another rally up confirming the triangle and breaking to the up.. in that caseI can see ECB desperate in ecember increasing QE (25% chances) 2) we start plummeting, different...
Analysis on chart. I'll be looking to capture the low, expecting it to get me early on in the rally that will ensue once USOIL breaks out of the contracting triangle, and the Euro Stoxx retracement ends. It's not yet confirmed, but I think that we will see the move in question start after NFP. Rgmov is showing interesting bullish strength, hidden amidst the...
Bund's forming a rising wedge advance, which looks like a terminal pattern ending in a lower high. A similar pattern is in the TLT chart, and probably also forming in the S&P500 in the coming days. Time at mode trend signals have failed and led to a retest of the mode, and a new uptrend signal, and then a second one confirming this week after the close. I like...
EURUSD is breaking up from its 20 week accumulation period. All this time, commercials have been long Euro futures, and we have seen fundamentals take a turn south for the dollar, and risk in US and global equities. Except for the recent relief rally, action has been predominantly bearish, which paired with the very dramatic rallies in the Euro and Yen, make me...
EURGBP has a strong uptrend, a weekly time at mode signal about to confirm and interesting potential. I'll be placing tactical long trades, with partial tp, in case the trend continues higher. Remember that to get live uptrades and follow up trade reccomendations, you need to subscribe to my collective2.com signals page. The details are in my profile. Good...
Analysis on chart, I think this is a very good long setup and high probability of success. If we get stopped we can try a bit lower with a stop at the monthly mode, but I'll try a tighter stop first. Targets: 1.50165 - 75% confidence of retesting it 1.65801 - 60% confidence 1.72 - 55% confidence Good luck gents! Ivan Labrie Time at mode FX
GBPJPY is offering a significantly interesting short opportunity, the telltale signs are there. If we look closely, we see that price has bounced from the biggest mode in the downtrend since 1991, and could never go back over it. In time at mode terms, we have a very clear weekly downtrend signal, confirmed by rgmov in the daily plotting a new 2 month low. This...
It seems like the time is finally right to buy into EURAUD. There's a 4h downtrend signal time expiration after this bar's close, as well as a relevant level of technical confluence: Fibonacci 0.382 retracement of previous impulse Range expansion support Low volume profile support Correlation to gold: Australian dollar will suffer, gold breached the weekly...
This is an update to my previous EURAUD chart, I was waiting for a long entry and it just presented itself to me. We have an hourly impulse forming, looks like a 5 wave advance, which could be the first of a new bullish cycle. The daily chart shows a strong mode has been formed and price is about to move above it, after producing a series of strong moves up...
After seeing The Working Trader's idea I figured I could attemp a pair trade in this pair, to take advantage of the interest rate differential in both EURUSD short and AUDUSD long. The entry will be a market order, but I'd have to see how the markets open tomorrow, I will update the chart by then. For now, keep in mind that for pair trades, I aim to open a big...