nice oportunity to go long up until 382 target
nice 61.8 rejection. dollar will be trending up this week if all goes as expected
gold broke out of its channel with a double top. we are getting a 2.618 setup at 1300.00 area. lets wait for prices to reach this level
i made a post just yesterday about the yen index and now we take a look at dollar yen and we have reached a 2.0 extension of the impulse down. we can expect this to result in a very nice dollar rally against the yen
usdchf has made an ending diagnal as prices tried to keep pushing up. lack of buyers to really drive the market higher so we can expect some seller pressure to come in antytime soon. i still have a bullish outlook on the pair but i want to see a proper correction to continue to buy. i put all my notes in the chart. i do expect another push up though before the...
looking for prices to continue up. the little red arrow pointing down is where i was looking for prices to grab support, it alreeady happened. formed very good support. i made a publish on usd chf not too long ago, this is just a follow up and more recent analysis. for more on usdchf look at the related links
usdchf has made a new low at an interesting level. based on all my bias we can look into longing this pair. i am expecting a lot of momentum to build up. most of my analysis is printed on the charts. i will publish the rest of it as well
brexit ended off with a big rejection for the pound. prices tried to push lower and they were able to create new all time lows, but this just ended with prices being bought all the way back up into the daily channel. this tells me investors were buying as sterling printed its record low. monthly charts completed an ab=cd on brexit and ended the pattern with a...
weekly euro charts had put off a harmonic ab=cd a long time ago. ive been waiting for euro to give me some sort of bullish confirmation and brexit gave me it. we had a bear trap at the breakout of the daily chart channel started on the 3rd of december 2015. i am expecting markets to pick up bull momentum in the next couple months. bears failed to hold to drive...
after brexit and and markets forming the biggest weekly candle i can find on pound yen charts the biggest question now is how low can the sterling really go before investors drive it back up or will this trend continue and break new lows? i drew my rays for a break and retest of those levels. if the rays hold after a retest we can expect a bounce
seems prices are creating lower lows. selling pressure is still on.
cadjpy has formed a correction that i am looking into selling the breakout up into the 79.000 zone. this 79.000 support stands strong as we have a previous bounce from it(zoom out the charts to see) and we have a abcd completion there. prices tend to bounce nicely off rounded numbers so we can place a tight sl to catch the move up. i am RSI to take another dip...
we have an expanding triangle at a gartley completion leg that happens to fall perfectly on a libra tray. looking at prices at the middle of the triangle for support.
usdjpy formed a tea cup and handle on the weekly/monthly chart.the move up will be the 3rd wave if my count is correct.
usdcad has done a 2.618 (1hr timeframe) on the breakout of this trendline. perfect oportunity to get in on the buy i had published a few days ago
pound dollar is about to setup a 2.618 trade for us where we can once again get another entry. i am expecting it to come in some time next week so lets watch this level closely.