Quick update to my last analysis on USDJPY. Earlier I showed the USDJPY would stay in the channel. The path isn't adjusted much but, we will most likely now get to experience a small bump up to reach somewhere near 109.7 flat. If this happens, the entire 24th of May 2016 will be a long until we reach that point.
If you wish to keep your shorts on because you went...
SMIO AND SMII show there's still a relatively strong dip going on. When looking at the H4, we can see a (not so clear) channel. Combined with the looks of the Volume Profile, the most logical move is the continuation of a short at least until 25th of May 2016 (this wednesday).
However. There could be newer support that causes a slight bump up and then down...
The weekly forecasts prepared at the personal request of the Trader - AdeOluseun!
Dear traders, we ask you to be careful with USDCAD currency pair, as the market is currently highly overbought on daily chart and we see by means of EWA/EWP, Volume, Cluster&Delta, Market Profile analysis, that major market participants lose interest in the growth...
EURGBP - the downward trend will continue, as soon as EURUSD currency pair falls.
The Daily delta&clusters negative (bearish). We expect the rapid fall at the end of this month.
Best regards, Powerful Traders.
The very interesting situation in the S&P500 index (ES). Suppose, that the market can take a form of Horizontal Triangle (EWA/EWP HT 3-3-3-3-3) So, we will try to buy near 1-st Strong Buyer's Support and take long position at the price 1871.00 (863 843 lots). The price target - 2089.00, our hedging risk T/P - 2035.00, S/L - 1870.00 (Of course S/L...
As we promised for some Traders, there is the GBPJPY daily detailed forecast by the EWA/EWP analysis!
Excuse us for the long wait.
By popular demand, we present you, 3 additional video-forecasts within GBPJPY currency pair.
GBPJPY - FORECAST! (1-st variant) - youtu.be
GBPJPY - FORECAST! (2-nd variant) -...
Happy New Year!
We would like to present, intraday forecast - 6E (eurusd) on january 2016y.
Methods of price analysis: EWA/EWP, Market Profile, Delta&Cluster, Volume, Fibonacci.
Suppose that this week (close to wednesday), the price gradually decreases to strong support 1.07580, next we will see the creation process of cumulative delta and then expected...