Based on nikkei and interest rate of canada cadjpy should rise more than 150+ pips from my point.
Ascending triangle formed over January and February, bear trap with bull break on the 25th. Short term price target 0.35-0.40. Close above 0.30 signals new uptrend, as support is building above trendline formed since January 2018, lots of catalysts up coming make this a good entry point on a very bullish chart. Fundamental analysis leads to price target of 0.83...
GBP: - "Geopolitical tensions worry markets; UK economic confidence slumps - business live" - FTSE 100 has closed firmly in the red, down 43 points at 7,107. - 10,000 manufacturing jobs in the British car industry have been put at risk by the lack of clarity over future trading relationships - Fundamental quant score -17 EUR: - The pan-European Stoxx 600...
Technical analysis uncovers path that may bring a lot of possibilities of trading, but also a lot of risk, stay close to the news and comments about USOIL, and also monitor the development of the pattern in the following days and weeks. Time-frame: one month. Resistance: 58.52 Support: 48.90 Trading setup scenario: After price reaches 58.52 we short it on a...
Disclaimer: If you are primarily interested in copying other people’s trades then this is not for you. However, if you are willing to put in the work that it takes to learn how to trade for yourself then you have found the right place! Nevertheless please be advised that you can give 10 people a profitable trading strategy and only 1-2 of them will be able to...
GBP Uncertainty - Money flows to out the UK - Brexit deadline approaching, and Labour party looking for a second referendum - Investors see the GBP ask a risk currency in uncertain times. Smart money investors look to sell the GBP at the overpriced exchange rate. - GBP Quant scores showing a reading of -14, shifting from the previous -4. NZD Strength - IMF's...
AUD Fundamentals: - "International Monetary Fund shows that Australia's economy is 'robust and resilient'." - Australia's economy, solid infrastructure and labour market, warnings about the downturn in the housing sector and stagnant wage growth - Quant score +20 NZDFundamentals: - Quant score -14 - "The Reserve Bank of New Zealand is braced for strong...
GBP Fundamentals: - "UK services industry gloomiest since 2009 crisis" - CBI - GBP reaching a price at which has a high selling value - Prime minister may under threat from new parties and conservative party leavers who are not confident in her leadership - The Brexit vote delay shows uncertainty - "Brexit: Labour will back amendment for second referendum, says...
Hi, So I am going to wright this calmly to properly explain what is happening. As usual, I was working whilst having the market a screen so I can always see it. So I was following my strategy when suddenly huge news comes out that XRP will be listed on Coinbase. As we all know, when ever XRP a coin gets listed on Coinbase it often gets a huge rise in price, so I...
AUD: - 20/02/2019 The Conference Board leading index forecasted an expansion on the Australian economy. This leads to a slight long bias on AUD. - AUD strong fundamental reading at 20, increasing from 0 earlier in the week. This strength shift indicates a potential change in cash flow to the Aussie economy. EUR: - 22/02/2019 the German IFO Institue for Economic...
AUDUSD LONG: - Trade war agreement in talks - Could this appreciate the USD or will it strengthen the AUD with close ties to the CNY High Risk Setup: - High risk setup - Reduced risk position Fundamentals: - Fundamental quant score +20 AUD, -10 USD. Not great scores but starting to deviate away from each other. - Trade very unlikely to work, more of a...
Fundamental Analysis: While the message delivered by the Fed in it's last meeting was dovish and future path will be "patient" , the European economy isn't doing any better(Germany,France and Italy suffering from contraction), inflation not picking up towards Ecb's target, brexit uncertainty and the slowing global growth. Both sides are facing downside risks but...
Based on fundamental EURCAD will fall down over 250+ pips.
Everything I read about Essa Pharma (NASDAQ: EPIX) sounds positive. They claim to have a game-changing prostate cancer technology and significant news ahead. But it is very difficult to buys shares because the 1M float seems tightly held. Four institutions (BVF, Clarus, Omega, Eventide) own 90% of common paid well over $12 for their shares, an analyst has a...
TEVA develops, manufactures and sells generic medicine in a range of forms including tablets, capsules, injectables, inhalants, liquids, ointments and creams. They also create specific speciality medicines that assist the Central Nervous System and Respiratory medicines focused on asthma and chronic obstructive pulmonary disease. One of their primary drugs is...
Guess myself and a very few group of others had underestimated the amount of faith in this market. I had wholeheartedly felt we would see the Dow cut short of the move towards the resistance line set by the other 3 peaks preceding. Though I had left room to suggest the possibility of this happening, I did have doubts and I did voice those doubts with others, so I...
To start the new year off the Eur/Jpy cross confidently broke through well defined horizontal support and an ascending trendline. The pair then moved down to a low of 123.529 the day before the Yen flash crash. After the flash crash the pair put in a timid rebound that has stalled just below previous support turned resistance and consolidated into a tight range...
During this turbulent time of tariff imposing between USA and China, indexes have changed a lot in the way of movements, and the reactions on speculations are extreme, leading the spikes to be in hundreds and thousands of points in both directions. GER30 particularly has been very sensitive, thus a great possibility to trade with, but also very risky on the short...