DarkoFX

DarkoFX

British Pound shows some bullish momentum but with great fundamental risks in sense of possible Black Swan occurrence regarding Brexit turmoil. The bullish outside bar I mentioned last week is still holding price above but,from my perspective, trading this pair at this moment is gambling.

DarkoFX

Aussie is still in the downward channel with no clear bullish or bearish momentum. Chart looks pretty choppy so the rule for that condition is: stay out of it.

DarkoFX

Here we can see that the support area around 110 didn't hold it and price broke lower. Observing closely bearish candles from more than a few aspects I can say that we may see some more bearish momentum in weeks ahead. Still on the sidelines with no buying recommendations at this point.

DarkoFX Updated 

EURUSD is still in no man's land with bearish pressure BUT no continuation of that trend. Stay aside and be prepared for possible bullish strikes caused by liquidations of big bank’s short positions or some short-term good news for Eurozone.

DarkoFX

USDJPY is in a little low-volatility bullish wave but nothing worth interacting with the market financially. I personally, from the fundamental aspect of view, expect that USD will lose momentum for some time and that we will see a short-term rebound. For now, stay aside and follow me on Twitter @accounts_forex.Good Luck!

DarkoFX

EURJPY is in a similar situation as AUDUSD and other currencies and that is -low volatility and choppy conditions. We will watch for eventual PA signals from daily bearish trend-line on this pair. Also, I have prepared for you a monthly chart for this pair and you can see that we have a great buying pin bar from the multi-year trend line. So, be on the sidelines...

DarkoFX

Aussie is in a range to bearish consolidation in a small downward channel. In this low volatility conditions, we may expect suddenly volatility spikes but without clear direction. My advice here would be NOT to trade breakouts, just clear PA signals from well-defined chart levels.

DarkoFX

Here we are looking at the bullish outside bar on daily chart from support. I won't give any buying recommendations about this signal because it is placed at weak support and during a possible high volatility fundamental impact.

DarkoFX

From a technical perspective, we are witnessing that the context of the market is changing from the bearish trend to a range and sideways conditions. Be aware that this market can and probably will explode in the volatility and believe me you don't want to be in a position when that happens because there is no guarantee that SL will save you with 50% of the FX...

DarkoFX

From a technical (and fundamental) point of view, the overall market conditions are bearish for Euro and that is a trend we’re looking signals from. On Friday NFP caused 1.230 area support to be broken and gave us confirmation of the bearish trend. So far, no good signals to trade but we’re hoping, not for long. Don’t be a hero chasing for a bottom.

DarkoFX

Bearish to range conditions from the daily chart. Trend-line is holding price lower but there is also a great pin bar from 0.6750 area which is still valid BUT...Pin bar has formed on January 03. 2019, and today is March 09. 2019. More than 3 months have passed and still, there is no upward resolution in the sense of 2,3 or more Risk-to-Reward. My personal rule is...

DarkoFX

Triangle from a school book. All edges are respected from both sides. Wait for a breakthrough and do accordingly. More analysis soon...!!

DarkoFX

Dollar might outperform Swiss Franc in years ahead.Buy US Dollar on daily close above 1.0226.Put stops below 21 Exponential moving average on Daily chart.Ride a Trend and look to take profit at 1.2000.