The last 3 - 4 weeks have seen prices continue to climb hereby finding uniform higher highs and higher lows which culminated at the breakout of the $1.0000 area during the course of last week's trading session. Will the breakout of the key level at the $1.0000 mark be a true or false one? As we look forward to a variety of high-impact events for the week, we will...
Following the buying pressure at the 147.000 zone, the greenback rallied during the latter part of last week's trading session to insinuate a potential bullish expectation in the coming week(s). The dovish rhetoric of the BoJ’s monetary policy appears to have caused a plunge which makes it uncertain to jump to any major conclusion at this juncture. However, it is...
All attempts to upload a video on the XAUUSD failed as it keeps prompting network issues. So for the XAUUSD video kindly visit my youtub channel for details. Please note that I will be dropping updates on this analysis in the comment section of this broadcast in the new week. Cheers! This is a follow-up video to my previous analysis where we closed the week with...
Looking at this pair from a long-term perspective, it is easy to say that the sellers are very strong but we can not give up on the bullish potential opportunity that might be evolving after witnessing the multiple rejections of the $0.99 area in the last 3 weeks to project a certain level of strength from the bulls to resist selling pressure from this zone. So,...
Following the indecision that gripped this market during last week's trading session; the price of Gold managed to stay afloat above $1,700 (new demand zone) to keep the hopes of a potential bullish opportunity in the coming week. I will be sharing with you my trading decisions in the comment section of my tradingview platform as soon as the market opens. Risk...
The Greenback fell modestly from an all-time high of 140.800 despite a positive NFP result on Friday to close the day with a shooting star candle. I am of the opinion that we might be anticipating the beginning of a retracement phase of the previous leg that broke out of the neckline structure identified on the daily timeframe which is likely to reflect the quick...
Japan’s core consumer price index (CPI) rose to a seven-year high, amidst rising fuel prices and a widening trade deficit to give the Greenback the leverage to thrive. In this video, I shared my technical opinion on my expectation this week as I look forward to retesting of the neckline @ 135.000 zone to join a potential rally. Risk Disclaimer: Margin trading in...
Technical Analysis Potential breakout from the bearish trend for ARBKF wth huge upside at $1 (+90%)
Is this a Gold bubble on the back of the US recession hint? Following a consolidation phase around the $1,710 zone at the beginning of last week's trading session; Gold gathered bullish momentum and climbed to its highest level since the beginning of the month. In this video, I explained how intend to take advantage of any trading opportunity that comes up during...
In the last couple of days, we have witnessed how price have been oscillating right around the major bearish trendline identified on the daily time as participants remain sceptical of taking a decision. In this video, I was able to illustrate how we can plan ahead of the new week to take advantage of any potential momentum building up. Risk Disclaimer: Margin...
As the US yields slide, the Euro appears to be insinuating a bullish drive as there the Greenback stalled in growth during last week's trading session. In this video, I have illustrated my trading plan for the EURUSD against the new week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high...
HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT NASDAQ INDEX THIS WEEK SWING * The index was trading in a DESCENDING channel NOW entered a range bound market, saw a beautiful double bottom looking for a retest of this structure before continuation to the upside. - We finally at that zone which highly probable to become the reversal point...
AUDUSD pair after continuing long terms up channel we're looking The Trend reversal Candlestick Bearish Harami pattern at the top of the up channel.
my previous long gold trade did not work out- and think back on it and with hindsite I think I didn't see a few things. Happy to get out of it breakeven. We all do this (mistakes), but I like to display my mistakes for all the whole world to see so that we all can learn. see link below. My mane mistake was that yes price then was on support, but it was not proven...
Our RSI reversal strategy has a long trade running on EURNOK. This is a new strategy script we are trialling at the moment. Last trade included on the chart to show how this works which hit the desired TP target. New trade details are shown on the chart and we are working the 15M time frame. Take profit is the green line. Pink line is stop loss. Trade...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE EUR / USD THAT HAS BEEN TRADING IN A DESCENDING CHANNEL THAT SAW A RETEST OF THE BASE OF STRUCTURE SAW AN IMPULSE , CURRENTLY CORRECTING IN A SYMMETRICAL TRIANGLE LOOKING FOR A CORRECTION OF THE LAST . * follow your entry rules on entries *...
Hello everyone Hope you guys are good, here's a swing idea on the SPX 500 looking at it from the 4H chart. * follow your entry rules on entries * significant moves with the bears change the plan. lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow...
The price moved in our direction (180pips) as predicted in my last speculation on this pair (see link below for reference purposes). After a 2 month long battle, Buyers finally broke above the key Fr0.89300 level (neckline) on Thursday... A complete reversal pattern is formed (Inverse Head and Shoulder) as I anticipate a rally soon. Tendency: Uptrend (...