Several factors pointing to why my bias is long on this pair: - It is the strongest pair vs. the dollars rise during this recent bull run by the dollar, pointing to a potential stronger bull move when dollar reverses - Harmonic shark pattern at the demand zone - Fresh demand zone test - Fibonacci cluster inside the demand zone looking for 2:1 reward: risk on this...
Perhaps this is another dead-cat bounce? These custom support resistance indicator lines show decent places to enter or exit. The Blue indicator line serves as a Bullish Trend setter. If your instrument closes above the Blue line, we think about going Long. If your instrument closes below the Red line, we think about Shorting. For Stocks, I prefer to use the...
So with a strengthening oil , why are we having a downtrend , the markets have not yet decided thus I will wait to see , where the markets will move , then I will take a position based on that .
USDCHF usually fluctuates in relatively narrow range. We were down this range for a couple of weeks, but now it's time to go back. We have met the lower trend line and has successfully pushed off. I see a higher high&low completed now (you should never buy falling knifes, I always aware of them and construct my ideas to avoid this type of trading - follow me, and...
Today I can see a trading opportunity for NZDUSD. Previous week was quite difficult for US economy, and we saw economy drop (and some profitable trades, follow me for such ideas right on time). The last months US equity and currency are inversely correlated and DXY itself becomes stronger. So, fundamentals are ok. From the technical side we have closed below the...
Hello Guys, we have a nice buy trading setup. We are bullish the AUDUSD because of several intermarket reasons. BUT never risk more than 1% on each trade otherwise you will lose your account. Cheers
So, the eurusd is making a higher high and higher low sequence in the short-term. Structure wise we expect the market to test the 1.1150 levels before the weekly downtrend could resume. If the market breaks below 1.07775 we wouldn’t be looking for more upside anymore. The reason for that are intermarket relations, structure and correlations reasons. We don’t want...
The TNX is currently correcting the 93.43% up move in the mid of 2016. To make long story short, we want to buy tnx at around 1.99% IF it can manage to break the current low at around 2.17%. Consequently, with a break of the low of 2.17% and TNX reaching 1.99% we believe that the correction in the indices or not over yet. So in case of a leg lower in TNX we...
Hello Traders, We hope you have been a nice weekend. In this outlook, we will be going to have look at the DXY. (Dollar Index) As the DXY recently broke to new lows. It confirmed a lower low sequence. To make the long story short. The dollar index needs at least one last push to the downside at around 97.76. From there it could finally start its new daily up...
Hey guys, We expect the market to make one leg lower to around 2.445, BUT only when the market stays below the high 2.70. When this level breaks we will be looking at a move higher to around at 2.776. Our intermarket indication supports our idea of facing south. Critical zone will be the lower range of 2.58! Around 2.444 will be a good buying chance IF market...
Hey guys, hope everybody is fine. First of all, we want to apologize for not being active for the last couple of weeks, as we are currently updating our website. But we will start from today updating all charts. :-) Okay, so let's start with a possible long trade in Gold. As you might know gold and silver are in an intact long trend and we are expecting gold to...
Hey guys, we gonna try buying NZDUSD for a long term trade to the upside. Entry will be at around 0.67565 and Stop below 0.62790. Out of our Intermarket research and analysis, we will be looking at higher commodity currencies across the board. So buying it as a daily trade would be a good idea! Why we think that NZDUSD will go higher is only avaible for our...
Hey guys, The usdjpy broke the low of around 111.476 to the downside. We still expect the USDJPY to fall to around 107.456. From there we are expecting a new impulse to the upside. Please bare in mind that the market can still make a correction in lower timeframes before reaching the level of around 107.456. Anyhow, we are still short the USDJPY either way....
Hello Traders, today we would like to share with you the AUDCAD as it seems that it may push lower. As market hit for the third time our reaction point at 1.03, is bounced back and is making in lower timeframes a potential S-H-S formation. This may be first clues that a lower extend to the downside is possible. Looking at our intermarket indications, which...
Hello Traders, today we want to share with you the OANDA:XCUUSD as it seems to reach our next critical area. Looking at the long-term perspective, after the US elections in November 2016, the market broke out the consolidation phase around 2.0000 and initiated a long movement. Currently market consolidates again around 2.44-2.80 and on the H4-perspective...
Hello Traders, today we would like to share with you the SPX as it shows very interesting moves currently around the 2350 level. "White House says vote on healthcare bill scheduled for 19:30GMT (via. Reuters)." Therefore, the market currently tumbles sideways as uncertainty arises, everyone is looking at a decision which could move the SPX as it currently...
Hello Traders, today we want to share with you the FX:EURUSD as it currently flirts with our decisive zone. As we taking a look at the previous movements towards our reaction point, which is characterized by a clear momentum driven upwards sequence, we now need to be cautious about current continuation. If we take a look at our inter-market indications, it...
Hello Traders, Today we want to share with you the FX_IDC:NZDUSD as it currently flirts with a very decisive zone around 0.697! The current fall within the FX_IDC:NZDUSD is on one hand caused by the USD strengths, but more importantly because of the Commodity weakness which lead to the New Zealand Dollar weakness. Long-term sentiment within the NZD is more...