Interesting situation, personally I will be ignoring the down movement, only looking for a bullish possibilities, but so we have several options: 1. Purple: euro is about to test the mentioned zone (plus or minus that lvl) so giving us signs of reversal and then going up creating a possibility to grow; 2. Green: in this scenario up movement is seen inside of...
Following the current situation we have 2 basic scenarios about oil price: 1. Yellow: USA already started some jawboning about support for their oil industry and etc, and we should not forget that normally such cautious talks are about to "measure" the possible reaction. So we wait here some possible reaction, probably going up till 40 and then falling again to...
US dollar looks very aggressively overbought, but anyways still we can say the possibility of an uptrend is pretty high. We have several scenarios, all not tradable. so we will not open any trades on this before we have more reliable signals. 1. Yellow: Probably the impuls is not yet finished, but very close to it, not it will be quite risky to open longs on USD...
After a fall of BITFINEX:BTCUSD it looks like to have a great opportunity to recover. Basically we have just two main scenarios for this instrument: 1. Yellow: so after a pretty severe fall, we have a new wave of interest towards crypto and bitcoin, as a flagman instrument, can be ahead of that. We wait some correction after which the movement can become more...
A large number of options with GBPUSD is giving us 3 main scenarios: 1. Yellow - the simplest, we wait for little up movement and then the continuation of the following correction; 2. Purple - some concave movement after which the top is retested and maybe we'll have another top after which we have another 2 options: 2.1 - Purple - here we have...
I have several scenarios but only two seems to be more interesting: 1. Yellow - after we got the first impulse we will have a correction and then a continuation in the following uptrend; 2. Green - also we can have a re-test of the bottom level and maybe a new low after which more aggressive up movement is attended;
Here I'm looking for some recovery of the NZD price, so strategically I wait for up movement, but there can we different scenarios in which we can have a deeper down movement.
With AUDUSD I wait for a UP movement, so the next move I will take attention to is coming with: 1. Yellow - we can have some relatively small up movement after which possible continuation of the downtrend is likely; 2. Green - in this case, I'm looking for some down movement before major recovery;
We are looking at 2 possible scenarios: 1. Yellow - it is possible that it would have another impulse to test the lvl 100 after which the down movement is likely possible; 2. Green - in this case we are looking for more aggressive down movement in which has basically started;
After April 2018 when USD starts the recent bullish tendency platinum was under pressure during that time. Now, in the case USD continues its down move, we can observe recovery of the platinum and other instruments.
As we've noticed in April 2018 USD (the link you can find below) was very strong for 4 months but every movement needs a correction. DXY as a major USD force index shows us a potential move back to the frame of the recent pattern. What could it cause? Almost all the commodity, energy and metal instruments were under USD strengthening pressure during 2018 and now...
USD looks quite interesting in terms of bullish movement. By the way we have a trend-line from 2011 which gives a good support zone. At the same time, the last bearish tendency can form something new under this 7-year trend-line. So, we get ready for it.