Trade Alert DAX is already picking up pace and continues to aim for the 13000 mark. Let's see if it works out. Don't forget your stops!
Trade Alert. This pair is currently forming something from textbook, that is called a flag. Now, theoretically, we could see a move to the upside later on, once it breaks the flag's upper side. Certainly, for us to consider this potential move to the upside, we need to see the break first. Alternatively, GBPRUB could really extend the flag, by dragging itself...
Trade Alert. If the pair manages to break the upper side (~1.29) of the small channel that it is currently within, then this could open the path towards the psychological 1.30 mark again. On the other hand, a break below the 1.28 level could push the pair slightly lower. For now, we will make a brave call and say BUY, due to the current tensions in the oil...
Trade Alert. This could potentially make its way to test the bottom side of the rising channel. That could be the TP target for the time being. If it reaches that area, then we would re-evaluate the pair again then. Don't forget your stops.
Trade Alert. Bounce or break? Keep on today's daily close. We might get something interesting out of it. A close below the trendline could potentially open the path towards lower levels. If we see a bounce from the trendline, then we could potentially see a test of the 1.8180. Don't forget your stops!
Trade Alert So, we are seeing some recovery in this pair. But will we see some more later on? If the pair gets' back into the channel, there could be a chance to see this driving a bit higher. Don't forget your stops!
Ok, so this is just an idea, that could potentially work out. If this is definitely an inverse H-a-S and the neckline drawn is correct, then we have a nice LONG trade building up. This could also support the idea of a move towards the upper bound of the downwards moving channel. As always, don't forget your stops!
Trade Alert Bitcoin is preparing for a move. Watch the break. Don't forget your stops!
Something to keep in mind. We are still waiting for a clear directional move. A break above the downwards moving trendline (upper side of the triangle) could signal further buying activity in Nasdaq. On the other hand, a move below the bottom side of the triangle, could potentially lead to lower levels. If the selling activity will be strong, then this could...
Trade Alert Finally, the Shanghai Composite reached that spot, where we should be getting a clear break. Observe the breakout levels highlighted on the chart. Don't forget your stops and adjust them accordingly to your risk appetite.
GBP/USD has been in a freefall since the 17th of April and for now, it seems that there is no end to it. But the most important point here is that yesterday the pair broke its long-term upwards moving trendline that started on the 14th of March 2017. Theoretically, that could mean a change in long-term trend, which is now going to be heading down. We still have...
USD/JPY continues to show us strength and keeps on moving higher. The pair is still within the rising channel, but currently sits just slightly below the upper bound of it. This means that either it is preparing to break the channel to the upside or that the area could act as a strong resistance and we could see a small correction, maybe even towards the bottom...
Trade Alert. We can see that the pair is currently at the upwards moving support line and is waiting further guidance either from the bulls or the bears. Watch the key levels on the chart and follow the arrows. Don't forget your stops.
Trade Alert. Watch the key levels on the chart, as this could potentially play out as a nice trade. Don't forget your stops!
After today's morning, when the Riksbank left the rate unchanged, we saw some selling in the SEK, which pushed the EURSEK higher, towards the recent high at around 10.49 level. At the moment we are seeing a struggle in breaking that level, but the pair still has got some time. If the Fib extension is correct, then there is a chance for EURSEK to to break the...
Trade Alert! A break of 109.50 could push the pair towards 110 or even 110.20. A move below the downwards moving trendline could indicate some upcoming weakness. Don't forget your stops.
Trade Alert! This could potentially work out. Both of the currencies are weak, at the moment, but which one will be weaker? Don't forget your stops!
The pair continues to drag towards the upwards moving support line, in a way forming an ascending triangle. Wait for this one to break out first. Don't forget your stops!