DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
HELIOS AND MATHESON ANALYTICS INC, GENERAL ELECTRIC COMPANY, ADVANCED MICRO DEVICES, INC., MAGNEGAS APPLIED TECHNLGY SOL INC, BAKER HUGHES, A GE COMPANY CLASS A, ISHARES MSCI EMERGING INDEX FUND
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Could be nice opportunity if price action make some bearish signs in reflected S/R zone.
In long-run we are in uptrend so buying is considered as a better option. Nowdays we are fluctuating in small range that could evolve in complete AB=CD pattern after break (and close above) out of the range. Entry point is on the bottom of the range after some signs of bullish price action, or after mentioned breakout. Exit is on previous highs and on the end of ...
Its simple - if we come back to S/R zone 1.34 we will look for price action setup for long position.. But on the other hand its also difficult because of coming december of 16 and FEDs decision about interest rates. Aaaaand some inspirational quote which i really like:D
Latest trend is bearish, it could be nice opportunity to go to 2.00 level
I chose conservative take profit. Looks simple, lets see if it will work
Pretty decent setup. We are in downtrend, actually right now in range and the price made nice pinbar which is sticking out. We got 0.64 as a resistance level and its also a round number so its make the resistance stronger. It is clean setup but volatility comes tommorow.
Long time prediction, we will see
Could be a nice signal to sell usdcad. We are making lower highs and after breaking the triangle/wedge we made two pinbars which telling us that there are still some bulls power (this bothers me a lot). 1.28 looks like nice S/R zone, also round number and it is a 38,2 fib level for retracement of the pattern and also first target for bearish move.
Again - if we break below and close below we can go to 0,80 which is support zone from W1. Its always necessary to have more confluences so i used fib extension and 1.27 level of latest bearish movement cooperate with 0,80 support level. So we have support zone that we are waiting to break and close below, we have another important support zone, 1.27 fib level, ...
If we close below the the support zone 2.012 then we can continue to 1.973. Of course we can break, close below and go back up as a false breakout or a retest of S/R zone. Im going to look for some price action setup on daily and H4. And obviously the fundamentals from Canada tomorrow will be important, fridays are crazy :/
We broke above the highest highs of 6 weeks. Seems like good opportunity to reach 1.59 level. Chart has here some problem to load last candle
Supported by S/R zone. First target 11242, second target 11450.
We also reached double top
some confluences on EURCHF
I have waiting order on eurnzd. Maybe it will go down sooner than it hit opening price, myabe it will shoot up to 1.69 (but the market seems to be exhausted) but there is nice risk reward ratio so im gonna risk that.
Support zone + trendline + flag pattern (if we break up above the rectangle, price can go up to 1.59). But of course - tommorrows NFP will have the main word and market is seems to waiting for it.
Very nice situation but important news are in next few days and we are in the middle of the week.
Nice triangle is forming on AUDCAD on weekly chart. Brent is going down (so also CAD) and this could have influence for stronger AUD (but AUD is also still weak). In few weeks CAD nad Brent could reach support and resistance levels and there would be space for retracement and for weak AUD on this pair.