LamboCapital_FX

LamboCapital_FX

This idea was formed when the price reached 1.21500 to 1.21700. Few technical points for this short play: 1. Double top at reaching the previous day high with no significant break 2. 4H MACD crossed 3. 1H MACD divergence showed weakness Price to move potentially will hit around 1.195 to 1.2000. To observe: US Stimulus package news

LamboCapital_FX Updated 

Congrats to all that followed the last GBPUSD analysis with quick 150 pips profit in 4 trading days. Current conditions and key notes: - Price hit 1.265 with previous resistance and come down quick - Doji candlestick spotted in the previous H1 candlestick, price may go higher before going down again - Previous low at around 1.25 just nice to fit 38.2 Fib + 1.25...

LamboCapital_FX

EURUSD has reached an important reach 1.145 - 1.150. - Has been reaching higher high and higher low - However, RSI and MACD showing lower lower Expect to see a pullback to 1.138 area, which is also heavily support from past price and weekly EMA200

LamboCapital_FX

DXY has been going with well with our last technical analysis. Currently it's travelling at the top of the channel. I have bias that it's going to travel according to the green side, even with higher level target to 96.5. If you like this analysis, please give me a thumbs up!

LamboCapital_FX

USDCAD has been travelling in the range 1 between 1.350 to 1.368 Key things to take note for your trade planning: - SUPPORT from previous opening gap on 8 March 2020, we can see that it formed as support for the range-bound market 3 June 2020, 23 June 2020, 9 July 2020 and today. - Wait for a clean breakout before enter the market, either hammer/engulfing to...

LamboCapital_FX

Last TP was done in 4 hours after the analysis. Cheers :) DXY movement has been following our previous analysis, making a nice wave down in the channel. The price of EU has reached a new territory that was last seen in March 2020 due to the pandemic and market crash. Dollar has been weakening non-stop due to the policies by Fed. - Expecting EU fall back to the...

LamboCapital_FX

AUDJPY has been on the uptrend since 18 March 2020, the significant day that took reversal. Price has once topped at 76.78 - The price is now at hard resistance area at 75.00, also serve as a mental resistance. - The price has been travelling on the rising trendline - The previous broke of 75.00 in H4 formed a doji What I will do: 1. Wait for the confirmation...

LamboCapital_FX

GBP has been relatively weak due from the brexit and economy outlook. Currently trading a range of consolidation area June 2019 and August 2019. This pair GBPNZD has been in the downtrend since April 2020 and hence it's still better to go with the trend rather than betting against the trend - RSI MACD showing neutral - Range bound in the channel - D1 price got...

LamboCapital_FX Updated 

GBPUSD has been gaining non-stop from 1.225 to 1.265, mainly from the weakening of Dollar 1. Hitting strong resistance area at 1.265 2. RSI showing divergence, price higher high but RSI lower low 3. Still running in a rising wedge but potential fall per above To target Fib 38.2% at around 1.250 -1.252

LamboCapital_FX Updated 

EURUSD has reached monthly high in July 2020. It's gaining mainly due to the QE and easing monetary policy. This pair could go higher but it will time. 1. Travelling in the uptrend channel 2. Broke previous high and reached new high this month. Resistance in the price level + channel top 3. MACD H1 crossing Opportunity to short till the bottom of channel at...

LamboCapital_FX

AUDUSD has been rising since Mar'20 non-stop, mainly due to the weakening Dollar. 1. We have reached a hard mental and physical resistance level at 0.70 2. Ranging since Jun'20 up to now in the flat channel 3. Price higher high while RSI lower low noted 4. Potential to break the uptrend channel Potential SHORT at this level to the bottom of the channel at 0.68

LamboCapital_FX

DXY has been really weak due to QE and monetary policies. It dropped from 100+ without looking back/retracement Short term: - Travelling in the down channel / falling wedge, with potential pullback or break channel to upside. - Highly correlated to stock market movement - SPY / Nasdaq recently, potential going lower and lower till next support due to non-stop...