In this video update, we take a look at the USD Index again as it shows prices
breaking higher. We expected a break of $97.00 however this hasn't happened
as we highlighted in the previous video that the USD was being used as a safe haven.
If the price remains above the key zone we expect the USD to at least test the current weekly highs.
In this video update, we take a look at the price of gold as we expect to see highs of $1350.00 very soon.
Trade tensions continue to rise between the US and China to the point of China retaliating adding extra tariffs
to US goods. Technically Gold is breaking out of the key consolidation pattern and should continue to rise
up into the key resistance.
EURGBP could potentially give a push back down into bottom zone. But with a break and close above previous swing high and liquidity zone, expect price to push higher. Understanding both bullish and bearish potential is important...
In this video update, we take a look at Brent Crude Oil as the weekly suggests we could see
further upside next week. If the current weekly candle closes back within last weeks
range we could see the market move back towards 75.00. We were expecting the price to
test the 38.2 Fibonacci retracements however this looks unlikely now with current
In this video update, we take a look at the Cryptocurrency market and in particular Bitcoin.
We feel that if the market stays below 7000.00 we should see another fall back towards the 4000.00
highs. If the market closes on the weekly timeframe above 7000.00 then we could look for a longer-term
bull run out of the crypto market.
In this video update, we take a look at NZDUSD as we expect the RBNZ to cut interest rates.
If the RBNZ continues to be dovish and talk of future rate cuts we could see the market
test the key lows at 0.64500. In these situations, we often see a reversal as the bigger
players could have priced in the rate cut. Price is testing the yearly lows currently and...
In this video update, we take a look at a swing trading opportunity on Brent Crude Oil
as price breaks through a counter-trend trendline support. If price pulls back to 72.10
we can look for further shorting opportunities down to the 161.8 Fib extension.
In this video update, we take a look at the USD and how it could perform.
With FOMC coming up we can expect the Federal Reserve to be dovish in their tone
as recent data shows a fall in inflation. This will be something that the Fed will
address in their statement, any talk of cutting rates could see the USD drop
significantly however if they keep to a moderate...
Watching Gold at these levels, could drop at these levels around the 50% or could extend between the 61.8% around 1294 or the 1300 monthly level around my descending trend line. Watch for extension to downside for lower low, selling the break down...
Disclaimer: We are NOT financial advisers we are simply just giving our perspective on market movements. Trading...
In this video update, we take a look at NZDUSD as we posted a trading opportunity from the daily chart.
We took this trade due to the market finding support at the yearly low. Typically the yearly highs and lows can offer support
and resistance areas for the market react from. The NZD is benefitting off the current USD weakness and if the DXY
pushes back towards...
In this video update, we take a look at EURUSD as price looks to be confirming lower prices.
The daily chart has finally formed a lower low, and we expect this to continue however we
need to see the price retrace first.
Looking at the Fibonacci tool we can see the 127.2 and the 1.618 extensions offer good support
points where price could reverse.
In this video update, we take a look at the USD Dollar Index as the price is back at the key 97.70 highs.
The Fed is currently hawkish on the recent data with the potential of a hike in 2019 still on the table.
This has helped the USD push back into the key resistance and if the price breaks the 97.70 highs we
can look for further USD long opportunities across the...
In this video update, we take a look at GBPJPY as GBPUSD finds support at the key 1.3000 level. If GBPUSD holds
here we could see GBPJPY push higher also with a risk on sentiment in the markets. The Dow Jones and S&P500 are
yet to test the all-time highs and will likely do so over the next week or so. This risk on sentiment will see a sell off
in safe havens such...
In this video update, we take a look at the end of day trade we placed on our telegram channel.
USDCHF has been moving towards the yearly highs for some time now as the Swiss Franc weakens.
Typically, when a market tests a yearly high, we do see a reaction from the level, which we are anticipating
to be lower on this pair. If we do see a daily bearish close here,...