EvanJones

EvanJones

I think the AUD has been sold way too much, seems to make a rally and then the dollar bulls come in. The help from its neighbor (NZD) and the CAD stablizing should help this pair lift up a bit, if it can break the trend line then there is a good chance 0.74500 could be targeted

EvanJones

As a counter trend trader, I look for pull backs and have been on this pair for a while awaiting for a significant retracement to the monthly pivot. With CAD being weak and Oil weaker, there's scope for this pair to move higher. However, a wedge has formed so a breakout to either side is due. The stochastic on a higher time frame and RSI are showing over brought...

EvanJones

Google had some awesome earnings report the other day reportedly adding 60 billion to the company stock. Technically this pair is way over-brought and is due a retracement based on the stretched bollinger band, overbrough indication on the stochastic and some bearish divergence printed above the candles on a daily time frame. My estimate is the weekly pivot as...

EvanJones

USDCAD has been on a significant Bull run an is due a nice retracement. Multiple divergence has been printed and a key support area has been broken. I expect the next support area in the region of 1.26140 to hold but this is a nice short to play for some easy pips!

EvanJones

Flag pattern appearing with a slight bearish tone. Stocks are coming into summer and so I expect an earnings report with the new iWatch the potentially be what sets the price outside of this flag pattern

EvanJones

With Bullish divergence on an oversold instrument, so far the AUDUSD seems to be following my wave pattern, along with a weak set of FOMC minutes and Grexit on the agenda I expect a retracement in the AUDUSD to it a target of around 0.755 - 0.76

EvanJones

Just trying the idea of a series of 5 waves as per Elliott Wave Theory, I like them and given a new formation of a potential down trend is occurring since this instrument is massively overbrought. With the FOMC conference on tonight, could this be a nice short to play?

EvanJones

Right now I believe the AUDNZD is going to retrace to next support level based on bearish divergence. At this point the AUDNZD may bounce and continue upwards, however if this resistance is broken then I fancy leaving my trade on for the weekly pivot

EvanJones

This looks like a typically H&S pattern with the Right shoulder in the completion of the process, which would indicate a steady move to the south. If played out and the pattern proves correct, there's atlas 500 pips in this move

EvanJones

If the Dollar remains short term Bearish but the EURUSD pulls back to that key 1.09 area then could be good to get into a short once pattern is complete and then enter long depending on the Dollar Outlook

EvanJones

The Euro/Dollar is in a nice down trend although currently either the pair is in a correction phase or a bottom has bee found and a trend change is occurring. Providing the dollar remains sidelined for the next week, I suspect by the time we get the next set of good US Data we may see the down trend remaining. My outlook will be to place a pending sell trade...

EvanJones

Apples price has been in some consolidation but with a Bullish bias. I am long on this pair with the expectation that towards earnings this pair will respect the trendlines and continue to move on up, at a slow rate mind you!

EvanJones

Is Google awaiting for its earning reports or is the rocket ready to propel the shiz out of this instrument. I have spotted divergence for a long trade to commence...

EvanJones

The pound/franc has printed divergence for a move towards the upside. The pair is ranging slightly with a slight bias to the upside. I am entering long upon more green candles printed for a move up to 1.443

EvanJones

Expecting a result of the earnings report to force this stock to move outside of this range, with the H&S pattern confirming that a Long trade may present itself with a potential good R:R

EvanJones

Missed monthly pivot! USDCAD is hugely over-brought and a retracement is expected to this missed monthly pivot. Triple divergence has been spotted on the RSI and momentum indicators so I expect a technical retracement in line with the decline of the US Dollar Index

EvanJones

Bottom found on Cable with bad US news on Friday following from the NFP looks as if Cable will target this monthly pivot. Triple divergence has been present for sometime now, expect from Tuesday onwards for this pair to rise

EvanJones

A diverging wedge to the downside gives potential for a long trade on GBPCAD. If the resistance break above 1.87555 can be achieved then potentially this will break to the upside with further evidence to break out of this wedge and to resume a nice bull trend. My suggestion is to wait for the 20/03/15-12:30 CAD (GMT) economic news event and place a long trade...