Hello guys, This week i am only looking for shorts on oil unless an unexpected event happens e.g if oil tankers are attacked in the middle east or north Africa. With major cities being shut down in china, oil has been extremely oversupplied with less demand driving the demand down. I see a pull back coming but then it will likely sell off to lower levels. The...
Hello guys , I am looking for a short on nzd jpy based of the weakness displayed by the new Zealand dollar. The new Zealand dollar strongly depends on commodities similar to the Aussie and the cad. The new Zealand has been extremely weak and i am looking to bank on that trend. As long as the corona virus continues and the new Zealand bank maintains the dovish...
Hello guys, After the suprise decision by the BOE on holding rates and also their hawkish view of the economy. The price was able to beat my initial resistance area that can now be seen as a box below the current price level. I have re analysed my charts and i believe that for price to keep going up we need strong economice data to support the BOE view. My next...
Hello Guys, I see a short idea on gj .This based on the fact that it broke through a key support area. I also think the pair has been extremely weak with the fundamentals. If the trade can run until London session i think i have a good chance of the price tapping my TP. Factors shaping my bias brexit, weak fundamentals, dovish bank which they have to be in order...
Hello guys , This is my short idea on wti. I believe the price its at a key resistance level.This in addition to the fact that the corona virus clearly bring about an over supply of oil with airports shut down , less flight, less people driving that creates an oversupply of oil should bring price down. I know the crude oil inventory count is coming up so i have...
Hey guys, This is my short bias on the cad jpy pair. The cad has been extremely weak in the last couple of weeks . This in addition to the comments from Bank of Canada validates this trade. My areas of interest and strong sells are indicated by the two boxes. Although i am looking for shorts, i still have to see how price reacts at those two key weekly areas....
Hello guys, In this video i show my bias for this eur pair. Factors that have led me to take this bias include a barrage of weak fundamentals coming out of the eur zone and the strong economic data and news from the states.Although this is my bias, we have to be carefull with currect factors that are in play affecting this pair such as the virus, the brexit...
hello!) here are my thoughts on gold and two potential scenarios. Please, like this video and leave a comment, thank you! :) Have a great weekend!
Hello Traders, Here is my 3rd video-analysis this time on the Euro-Yen. Hope you like it. Like and comment :D Thanks, Vítor.
Hello Traders, One more video now with USDCHF. Hope you like it. Thanks, Vítor.
Hello Traders, It´s my first published trade analysis and a video one too. The pair is NZDUSD. I hope you like it. Im Portuguese so the accent is notorious :) Give a like and comment. Thanks, Vítor.
Fundamental- AUD 1) Reduce China Cooperation 2) PM-Promises for $ 1 billion in business Fundamental- USD 1) The USA supports Iran's oil export 2) US housing market indicators can be weak and may not be good news from the manufacturing index