Today’s session has brought serious bullish heat to the USD/CHF. Price has steamrolled through the Triple Top Pattern (.9985-.9990) and appears poised to challenge yearly highs. A short from the Triple Top Pattern/Yearly High (1.0056) is a likely profitable trade. Here it is: 1)Entry: Sell 1.0049 2)Stop Loss: 1.0077 3)Profit Target: 1.0021 4)Risk Vs Reward Ratio: 1/1
With recent news about Parity and the continue decline of altcoins before the B2X fork, I'd expect a drop in ETH down to 280 level. I don't think after the fork we will see exponential growth of ETH. Rather a steady incline to the 380-400 levels over a period of 1 month.
EURGBP Daily – Is Parity Inevitable? Earlier today the Euro broke the psychological $1.200 handle for the first time in 2 years whilst and it is now heading towards an all time high against the British Pound. At the start of the year, analysts had predicted further weakening for the Euro. We are now at the end of August and those predictions could not have been...
Amazing similarities between the crossing of the parity threshold of Bitcoin's ratio to Silver & now Bitcoin's ratio to Gold. Bitcoin first 'kissed' parity with Silver back in June 2011. To only come back & smash it in February 2013. Bitcoin first 'kissed' parity with Gold back in November 2013. Now it's time to smash it as well. Remember there are over 280...
BTC/XAU has come close to parity 3 times, first in 2013, second in Jan 2017, and third in this ongoing rally towards breaking ATH. Typically, BTC/XAU has had strong rejection between 0.8-1, depending on the value of BTC on the exchange that you consider. XAU/USD just painted a reversal on the monthly, which could signal the end of a 4 year downtrend. Unless...
In my opinion EU will hit support and go long. Yellen should indicate a rate hike Tuesday and it should cause the pair long. We will see if the turmoil in Germany and France will break trend further. Let the market decide then go with it, right? Anyways my bias is long.
USDCHF has been moving around parity but its dancing days might (hopefully) be almost over. In the last days the pair bounced between two important moving averages: the 100 SMA and the 200 SMA (in the chart, the Turquoise and Black ones are actually EMAs though). And all around the roundest round number 1.00000. The SMA(100) and the SMA(200) are getting closer...
USDCHF has been moving around parity but its dancing days might (hopefully) be almost over. In the last days the pair bounced between two important moving averages: the 100 SMA and the 200 SMA (in the chart, the Turquoise and Black ones are actually EMAs though). And all around the roundest round number 1.00000. This could mean a breakout due soon. Update your...
OK so Trump, or whoever, caused the markets to go HOG wild this morning, which is cool! We had some nice pips on EURUSD and the first target was hit so that's fine. This might seem like a long shot, and maybe it is, but we could see the start of a larger pattern forming here. Here's what I'm looking for: The completion of a rising wedge, it's dependent on...
EU is in a range, a nice range that I have scalped from for the last few days.. This time we are gonna play the whole swing and maybe move the SL to the TP level and ride it to parity.
Swing trade to parity with the Fibonacci extension
FOMC rate hike and hawkish sentiment has seen some long standing supports broken. Fibonacci target 1.02 first then beyond parity towards the middle of 2017
This is a weekly EURUSD chart with Gann square patterns applied. A bounce on the weekly is expected but will not last. Euro / USD parity is possible around April-May 2017 timeframe. Short term: long Long term: short Cheers, Keops
Is the next stop 1.00?? Looks like not much resistance left..
EURUSD at parity in past = 1999, 2000, 2002. EURUSD at parity in future = 2017 ???
Name it all : Rates hike, ECB slow in action, Isis, refugee, summit, etc all of these factors are affecting EU to shine - but I wont go into details here..... All things being equal - watch EU kiss 1.06953 Like I always say: PLEASE, set your SL accordingly. My TP @ 1.06953 :) see you there
SL @1.1210 EP @1.1120 TP1@1.0800 TP2@1.0500 TP3@1.0000 Target1: RRR: 3.56 Risk: (90 Pips) Reward: (320 Pips) Target2: RRR: 6.89 Risk: (90 Pips) Reward: (620 Pips) Target3: RRR: 12.44 Risk: (90Pips) Reward: (1120 Pips)