CVecchioFX3e

PRO
Message Follow Following Unfollow
Joined CVecchioFX
Markets Allocation
74 % forex 26 % other
Top Mentioned Symbols
GBPUSD 26% | 5 EURJPY 10% | 2 USDOLLAR 10% | 2 EURUSD 5% | 1
CVecchioFX3e CVecchioFX3e PRO USOIL, 240, Long ,
USOIL: If Crude Oil Breaks Through $51.65, Watch Out
148 0 1
USOIL, 240 Long
If Crude Oil Breaks Through $51.65, Watch Out

Crude Oil is consolidating in a symmetrical triangle on the H4 timeframe, hovering just below the June 2016 swing higher near $51.65; the symmetrical triangle peaked at $51.60. A weekly close through $51.65 would signal a significant turn in energy markets (implications for USD/CAD and CAD-crosses in general). Breakout targets to the topside would be ~$53.80 and ...

CVecchioFX3e CVecchioFX3e PRO XAUUSD, D, Long ,
XAUUSD: Gold - Major Bottom Forming? Bullish Falling Wedge
515 1 1
XAUUSD, D Long
Gold - Major Bottom Forming? Bullish Falling Wedge

Keep an eye on Gold now that PMs are no longer the low man on the yield totem pole. A bullish falling wedge hints at the potential for a move up to $1300 over the coming weeks. See how this pertains to the January NFP report.

CVecchioFX3e CVecchioFX3e PRO EURUSD, D,
EURUSD: Intraday Rally Carries EUR/USD into Key Resistance
342 0 0
EURUSD, D
Intraday Rally Carries EUR/USD into Key Resistance

The intraday rally has reached a pivotal point with the pair trading back towards $1.1050/1.1175, prior support from August-October and resistance since the breakdown on October 22 (failed retests 10/28-10/30 and 12/9-12/15).Both daily MACD and Stochastics have turned higher into bullish territory, signaling accelerating topside momentum. In context of broader ...

CVecchioFX3e CVecchioFX3e PRO USDOLLAR, D, Short ,
USDOLLAR: USDOLLAR Index Top Taking Shape
298 0 0
USDOLLAR, D Short
USDOLLAR Index Top Taking Shape

The USDOLLAR Index has exited its broadening wedge to the downside, reentering the bull flag that governed price from November through early-January. Watch for a close below 12180 to confirm a break of last week's low and a failed topside breakout overall. Daily indicators are eroding as well, with daily MACD and Slow Stochastics having given up their bullish ...

CVecchioFX3e CVecchioFX3e PRO AUDJPY, D,
AUDJPY: AUD/JPY Fades from Former Support
70 0 6
AUDJPY, D
AUD/JPY Fades from Former Support

Technically, the Aussie is showing signs of meaningful deterioration across a number of pairs. Both AUD/JPY and AUD/USD have stalled into former support turned resistance areas and are threatening their uptrends from their January lows. AUD/CAD is garnering greater attention now that it appears to be on the verge of breaking both a longer-term multi-week uptrend ...

CVecchioFX3e CVecchioFX3e PRO AUDUSD, D,
AUDUSD: AUD/USD Turning from Fmr Triangle Support - Bounce Threatened
223 0 4
AUDUSD, D
AUD/USD Turning from Fmr Triangle Support - Bounce Threatened

Technically, the Aussie is showing signs of meaningful deterioration across a number of pairs. Both AUD/JPY and AUD/USD have stalled into former support turned resistance areas and are threatening their uptrends from their January lows. AUD/CAD is garnering greater attention now that it appears to be on the verge of breaking both a longer-term multi-week uptrend ...

CVecchioFX3e CVecchioFX3e PRO EURJPY, D,
EURJPY: EUR/JPY Greater Decline Towards ¥130.00 May Be Nearing
276 2 3
EURJPY, D
EUR/JPY Greater Decline Towards ¥130.00 May Be Nearing

With USD/JPY trading up towards its former trendline support and EUR/USD's bear flag still biased lower, one pair that should draw interest in the coming days is EUR/JPY. EUR/JPY lost the ¥133.10/50 support region of its consolidation triangle (tests of support came in May, July, September, and October) on October 27, after the ECB's shift in policy. With price ...

CVecchioFX3e CVecchioFX3e PRO FRA40, D,
FRA40: French CAC40 (FRA40) Rally Gathers Pace, Not Cleared Until >4730
72 0 0
FRA40, D
French CAC40 (FRA40) Rally Gathers Pace, Not Cleared Until >4730

With the Euro continuing to weaken to start October (versus the other seven major currencies covered by DailyFX Research, the Euro has fallen by an average of -0.67%), improving French economic conditions, and evidence that the Fed will keep rates lower for longer (with perhaps the European Central Bank getting ready to ease next), the path has been cleared for an ...

CVecchioFX3e CVecchioFX3e PRO GBPNZD, 240, Long ,
GBPNZD: Long GBP/NZD Breakout in Sight
668 1 9
GBPNZD, 240 Long
Long GBP/NZD Breakout in Sight

GBPNZD may be on the verge of its next leg up in its multi-month channel. The recent consolidation over the past three weeks has resulted in an ascending triangle after an uptrend, a potential bullish continuation pattern. Long GBPNZD Entry: 2.4630 Stop: 2.4040 (-590-pips) Target: 2.5550 (+920-pips) (ascending triangle measured move)

CVecchioFX3e CVecchioFX3e PRO AUDNZD, D,
AUDNZD: AUD/NZD Triangle Seeks Resolution
429 2 2
AUDNZD, D
AUD/NZD Triangle Seeks Resolution

AUDNZD triangle/pennant offers a trade removed from direct FOMC influences over the next few days. Longs are eyed above 1.1305 with a stop below 1.0895. Shorts are eyed below 1.0895 with a stop above 1.1305. Daily momentum indicators (Stochastics, MACD) are starting to align bullishly in concert with the weekly timeframe.

CVecchioFX3e CVecchioFX3e PRO USDEUR, D,
USDEUR: EUR/USD Rallies as DAX Declines; Hedges Lifted
191 0 0
USDEUR, D
EUR/USD Rallies as DAX Declines; Hedges Lifted

At heart, the Euro is a funding currency. Investors are using it as a vehicle to operate in other asset classes. Look no further than the performance of inverse EURUSD (USDEUR on the chart) versus the German DAX since the middle of September 2014 - right after the ECB pushed its interest rate corridor into negative territory. See the "link to related ideas" below ...

CVecchioFX3e CVecchioFX3e PRO GBPUSD, 240, Short ,
GBPUSD: GBP/USD Bearish Wedge Back on Track after BoE, NFPs
685 2 11
GBPUSD, 240 Short
GBP/USD Bearish Wedge Back on Track after BoE, NFPs

This is a follow up and an expansion on our GBPUSD chart posted last week (see link to related ideas below). The recent rejection of $1.5660/1.5700 has resulted in a loss of the uptrend from the July 8, 9, and 24 lows. In context of the potential longer-term pattern - a bearish rising wedge that commenced with the break in price on July 7 and subsequent ...

CVecchioFX3e CVecchioFX3e PRO USDJPY, 240, Long ,
USDJPY: USD/JPY Breaking Through Two-Month Resistance
151 1 0
USDJPY, 240 Long
USD/JPY Breaking Through Two-Month Resistance

USDJPY has been mired below ¥124.60/65 since June 9, when on the H4 timeframe an outside engulfing/key reversal bar transpired. However, for the first time in two months, USDJPY has pierced the topside resistance band, clearing out ¥124.60/65 after the stronger than expected US ISM Services report for July. With the H4 indicators (Stochastics and MACD) turning ...

CVecchioFX3e CVecchioFX3e PRO USDOLLAR, 240, Long ,
USDOLLAR: USDOLLAR Index Consolidates in Bull Flag Post-FOMC
221 0 0
USDOLLAR, 240 Long
USDOLLAR Index Consolidates in Bull Flag Post-FOMC

Yesterday's FOMC shook out as expected: the Fed took on a modestly hawkish tone, with several disclaimers as to why they wouldn't pre-commit to interest rate hikes. Price action around the meeting was rather fickle, with markets first taking the stance that the Fed's view that the economy was "nearly balanced" would deter them from raising rates in September, then ...

CVecchioFX3e CVecchioFX3e PRO GBPUSD, 240,
GBPUSD: GBPUSD Can't Crack $1.5660/1.5700 Pre-FOMC
244 0 3
GBPUSD, 240
GBPUSD Can't Crack $1.5660/1.5700 Pre-FOMC

GBPUSD is finding intraday resistance in a familiar region once again, at $1.5660/1.5700, which has served as dynamic support/resistance since the last week of June. With the FOMC due later today, price is likely to remain noncommittal to a break higher through this region; and in context of price remaining below the April-June uptrend, rejection from this region ...

CVecchioFX3e CVecchioFX3e PRO EURJPY, 30,
EURJPY: EURJPY Diverges from Global Equities Past Month
70 0 0
EURJPY, 30
EURJPY Diverges from Global Equities Past Month

The familiar situation of falling European sovereign yields, rising European (and global) equity markets, and a depreciating Euro are all back in play. But for brief event-driven short covering rallies, the Euro may be in the early stages of reclaiming its role as a funding currency – look no further than the divergence between EURJPY and global equity markets ...

Last visit Germany
5
0
21
Message Follow Following Unfollow
Last visit
3
14
103
Message Follow Following Unfollow
Last visit
82
1
388
Message Follow Following Unfollow
Last visit
231
18
1257
Message Follow Following Unfollow
Last visit USA
340
498
5286
Message Follow Following Unfollow
Last visit
3
0
13
Message Follow Following Unfollow
Last visit
31
0
137
Message Follow Following Unfollow
Last visit
12
4
56
Message Follow Following Unfollow
Last visit
39
18
375
Message Follow Following Unfollow
Last visit
10
2
45
Message Follow Following Unfollow
Last visit
1
0
5
Message Follow Following Unfollow
Last visit
8
0
35
Message Follow Following Unfollow
Last visit
29
3
149
Message Follow Following Unfollow
Last visit 1 MONTH FREE TRIAL SIGNALS! www.fxlifestyle.com
283
79
1264
Message Follow Following Unfollow
Last visit Norway
23
86
183
Message Follow Following Unfollow
Last visit
55
1
258
Message Follow Following Unfollow
Last visit iran
138
132
1440
Message Follow Following Unfollow
Last visit
9
0
60
Message Follow Following Unfollow
Last visit
10
0
51
Message Follow Following Unfollow
Last visit ALGERIA
19
11
124
Message Follow Following Unfollow
User follows nobody
User has no following symbols
Market
Interval
Browse
Time
Type
Browse
Time
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out