Fundamentals; +BOE considerably more hawkish vs. dovish market expectations. +Worst in Brexit already priced in, room for a GBP relief phase higher. +OIL made an important break lower backed with negative sentiment (OPEC..), and has big room for further falls putting pressure on CAD. This all is resulting in a nice trade setup i am trading. Please use proper...
GBPNZD is currently looking the best pair to play. Very clean breakout higher. Nice flag on lower timeframes. Simply buy on breakouts and move stops higher as soon as possible. If it gets taken out, buy again on the next breakout. GBPAUD GBPJPY Spread your lots and don't overrisk. Trade conservativley and with care. Blessings to you all.
Following up on my previous idea. Currency wise my favourite play is EURUSD. I am now ready to buy EURUSD. Looking for small bottom towards 0680, and a continuation towards 1.0800 and maybe a little bit more. Blessings to you all.
For the time coming i am a dollar seller. I think we have seen some disappointment after this dovish hike of the Fed. This will for the coming days keep a lid on the dollar. I will be looking to buy US 10Y Bonds and Buy Gold. Silver also looks like a solid play. 10YR US Bonds
I am looking for shortterm sells on the EUR/NZD, EUR/CAD and EUR/AUD. Charts below. I believe the fall in commodities will see a shortterm correction in the coming 24h before the FED. Eur looks to be the weakest link for now, with Netherland elections and some overbought looking markets. Its a shortterm and risky trade, i will move my stop as soon as possible to...
My plan is to enter around 53.00 with a relative tight stop below the 51.00 low. So the risk is really manageable, but the potential on this stock is very tasty, there is a potential for a 20% rise. Before entering i will be looking at smaller timeframes to ensure that bulls are coming in, and stabilzing the price. Fundamentally i have read several positive...
Fundamentals first: Quick take on draghi: Very bullish speech imho, he is seeing alot of positives in the euro and europe. If we take this with the important breakout seen on the chart. I am now turning bullish on EUR but not playing it vs the USD because the USD is also strong. Better to play it vs the YEN currently. Blessings to you all.
Short recap: 5 waves lower coming to an end. Waiting for the bulls to take over and break the blue line. Most importantly waiting for the fundamental environment to encourage for a long in GBPUSD. If one does not take fundamentals into his own trading decision one will have a hard time being profitable. Thats just my experience. Charts are important but...
Looking to sell AudJpy around 86.35/40 Stop above 86.55 Looking for a move lower, maybe toward 85 handle. Thats the AudUsd 4h chart: I am seeing downside potential. 0.7600 is important. If price turns and goes back above 0.7600 this view is negated. So a sell around 7585 or so with a stop above 7600 can be a solid play, looking for a move towards 7500 Please...
Concerns about the french election, are rising again because Fillon does not want to step back so i am expecting this topic to cap the EUR upside in the shortterm. Also some profit taking could take place on the EUR crosses like (E/Aud, E/Cad, E/Nzd) after last weeks big rallies, so this is also something that would put some mild pressure on the EURUSD. Looking...
I think the next move in this pair will be higher, we are currently in the preparation phase for this move. The 1.65 level is very important, if we get a nice big candle backed with some tasty fundamentals, i will be buying dips and corrections toward 1.65 targeting 1.70. I will only trade this if the fundamentals are rationally clear, and painting a bullish GBP...
In my opinion this pair is a textbook situation for a coming bull move. Participants want to push it higher, but we dont have the sentiment quite lined up, to make for a "perfect storm" breakout so that buyers start to accumulate positions. Everytime it dips, there are buyers, pushing it higher again. I personally believe this recent dip to 1.60 is an important...
I have been looking for this move, for a long long time. Finally we have the big boy impuls. Look for a higher low around 1.48 thats where a good entry should form on lower timeframes. I am looking to leave my positions for 1.72 and 2.000. These are my longterm targets on this pair. Once this beast starts moving, it will be violent and fast. but right now we...
I am having BMW on my watchlist for quite a while and i am reading alot of positive fundamental news about the company and their car-sales, for example they are expecting 2017 to be their 6th consecutive record year etc.. The chart technical picture is lining up more and more with the fundamental view. I am expecting the 5th wave higher to start pretty...
Fundamentals first: Several positive developments happened today regarding the dollar. +Hawkish fed-governors speeches +Trump speech also was a positive for the dollar. +Following this events US 10Yr Bond Yields had a big rally, bolstering especially the USDJPY. +Nikkei futures broke out of an important range. So these are some positive points. But does this...
UsdJpy is in my opinion on a critical spot and todays dynamic turnaround is currently seen to be bullish. The 112.50 area is important and could be a level where a bull move higher is beginning to form. Fundamentally its a little bit cloudy, we have the important Trump speech infront of the congress, thats a potential risk, but it could also be the ignition...
Think about this: For every person that sees a chart "bullish" there is a person that sees a chart bearish. No matter where or when, no matter which timeframe. You can ALWAYS argue for and against a chart technical picture. What makes the markets move? The fundamental developments that occure, is when the view gets important. Thats where two might see it bullish...
As per my previous EurUsd analysis. I am now looking for longs across the EUR board because the fundamental situation lightened up, and in my view a turnaround for the days to come is in the making. I have been watching EurAud for quite a while and i like this oversold setup here. I bought at 1.3705 with a relativley tight stop for the volatile euraud at...