This pair have a clearly structure. The rise from 0.75322 to 0.78416 I marked as a regular flat 3-3-5: (a) (b) (c) count.
I market this flat as w , because from the level 0.75322 we got a significant low level for this pair. I think we complete impulse wave (iii) from 0.89 and this pair must have a significant correction.
Because of this the next wave that I'm...
Technical on the chart.
Fundamentals:
After BOC Poloz comments. Puts the Bull back in control in this pair.
He Repeats that drop in oil prices very significant shock for Canada
He Repeats that oil price drop is front-loaded, one-time shock
Aiming for highs 1.9100s
Not for a new highs for this pair. If we get more hawkish tone from BOE that could be case but...
Technicals on the chart.
Fundamental thoughts.
- two consecutive quarterly falls for CPI data and petrol price had a decline of nearly 10%
- milk dairy prices on the decline
- Looking RBNZ to set a dovish tone in the near future.
- USD Rate hikes around the corner.
Reasons listed, I would safely say the pair will stay range bound.
Technicals on the chart.
Fundamental thoughts.
- two consecutive quarterly falls for CPI data and petrol price had a decline of nearly 10%
- milk dairy prices on the decline
- Looking RBNZ to set a dovish tone in the near future.
- USD Rate hikes around the corner.
Reasons listed, I would safely say the pair will stay range bound.
EURCHF is correcting the 'BIG DROP' . This could be the start of an up trend or just a 3 wave correction .In any case we are expecting a 3rd wave up . I will wait for confirmation that the down move if finished before I buy. This analysis is very much in line with the 'BIG UP MOVE ' expected on EURAUD.
Feel free to comment and like (Click the thumb at the top) if...
Simple analysis. Please leave a comment or thumbs up if you agree. Discussion encouraged even if you hate the idea !
We bought the dip after AUD data.
Technicals on the chart.
Fundamentals for tradesetup:
Nothing has changed for AUD. Rate cut still on the table. GBP data is improving. Clearly BOE is becoming less dovish.
RBA still wants AUD down and they...
Looking for valid reason to be short NZD.
We had an interesting headline today :
Morgan Stanley on the Reserve Bank of New Zealand:
RBNZ's "first move to be a 25bp cut in 4Q15, as inflation expectations remain subdued and major trading partners' central banks continue to ease monetary policy"
Technicals on the chart
GBPUSD is making a daily correction ,If the count I am looking at is correct then one more up move is possible to complete it ,if I am wrong the risk is small so i took the trade.by breaking the bottom it will change the structure that i am looking for. If you agree with the count please like the chart .
No doubt who is in control here. Pretty much a selloff since 2011-ish, with bullish pullbacks here and there.
In the start of December '14, a bearish crossover occurred on the D1 after a pullback, and the selloff continued down.
Yesterday's candle (Monday, 09/03) showed a clear rejection of the key level around 1.0515 and the 50EMA.
Bears are definitely...
Volume - average recently.
EMA's - sideways and equity is headed toward the 50.
SMA's - headed higher and looking to catch up with the stock.
Stochastics - headed for a buy signal.
RSI - headed higher.
MACD - headed lower.
BB -squeezing and were broken today. Watch for a BB reversal.
ADX -around 40 and holding steady.
The momentum indicators aren't...
Only looking for the bullish swings. Preferably this heads back to the trend line/support line between 170-174. Still bullish until proven otherwise. Most of the notes are on the chart. Oscillators are headed lower from being overbought. RSI is headed lower faster than stochastics and MACD. ADX is headed higher agreeing with the downswing. BB aren't really playing...
Watch when if it triggers for large volume. The EMA's are headed bullish and bounced off the 50 EMA. The SMA's are headed steadily higher. Stochastics gave a buy signal recently, RSI is slightly overbought and MACD recently is giving a buy signal. BB need to be broken. ADX is around 35 and would agree with the trade if it headed higher if it confirms.
Trigger is...
The volume has been increasing on the bearish move lower. EMA’s are headed bearish steadily following this move lower. The SMA’s gave a bearish cross recently. Stochastics are giving a sell, RSI is headed lower and MACD is giving a sell. The BB have been broken bearish and ADX is headed higher from being sideways. Yesterday there was a bearish retest gap with the...
Over the last year BBRY has been making steady gains higher from the low of $5.50. The volume has been mediocre recently. Near a support/resistance zone and the EMA's are sideways. The SMA's are sideways as well. Stochastics are sideways looking to give a sell signal, RSI is headed lower and MACD is looking to give a sell signal underneath the 0 line. BB are...
Citi has been consolidating for about a year now. EMA's aren't extremely bullish but they're headed higher. Oscillators (Stochastics, RSI and MACD) look good for a bearish move. Just broke through the BB today with the relatively large shaved top candle. ADX is resting at 20, so it has plenty of room to get into the swing of things if C decides to make a run at...
IMO, looking right. Descending channel looks is broken. EMA's will start to agree is the move continues. Oscillators are giving their approval and BB have been broken bullish. ADX has plenty of room to gain legs. Looks like a healthy pullback on the 1 day, and 1HR is ahead of the 4HR with a bullish move.
R:R - 1:2
Trigger : 1.3624
Stop : 1.2167
Target : 1.6446
The volume has been dicey recently. The EMA’s are converging and we are looking for a cross. The SMA’s are slowing down looking to hug each other. Stochastics are giving a buy, RSI is getting high and MACD is saying hi (lol, sorry for that). BB would need to be broken (which they were today). ADX is level with room to move on this one. I played ATVI in June on the...
