LordGuineaPig

LordGuineaPig Updated 

NZDCAD have been in a bullish trend since late 2017 and have been steadily trading within the confounds of an ascending pitchfork. In early March we appear to have hit a swing high and have since been retracing in a channel downward. Despite a CAD heavy news week the market was left unimpressed with CAD performance and unable to break down further which may signal...

LordGuineaPig Updated 

The EURCHF appears to have been in an ascending pitchfork since June 2017 and have been mostly respecting the median and the 0.5 medians as support/resistance. However, late January 2018 the Swissie began seeing strength, nudging the pair to the downside and testing the 1.0 lower median support within a week. We saw a lot of price action early February and a...

LordGuineaPig Updated 

The AUDEUR has been in a predominately bearish trend since early 2017 with no signs of stopping. The pair has been trading constructively in a pitchfork formation mostly between the 0.5 medians. After the trend line that began in 2009, confirmed in both 2015 and 2016, was broken price action accelerated down rapidly confirming the major break continuing the...

LordGuineaPig Updated 

Hello future me. The GBPUSD have been in a bullish trend since early 2017 and the Cable has steadily been gaining ground against the Greenback. Applying a Schiff Pitchfork, it looks like the market has responded to the medians. Early 2018 we witnessed a brief breakout before price returning to the channels. However, the bulls didn’t stop trying and the market made...

LordGuineaPig Updated 

Hello future me. The EURNZD looks to be trading constructively in an ascending Pitchfork. Though, the market has not shown as much resolve as it had in 2017. It looks like we've just come out of a rising wedge, which could be both a continuation pattern and a reversal pattern, but we haven't seen much conviction in the move since. The pair has mostly been trading...

LordGuineaPig Updated 

In 2015 November the Euro began a major bull run lasting to 2017 August, with some retracements and ranges, still making the highest high since 2009 at around the 0.9300 mark. The Cable took charge both on technical and fundamentals, causing a over 300 pip one-sided fall in about a week. Since the fall bulls and bears have been duking it out blow for blow since...

LordGuineaPig Updated 

AUDUSD has been trading in a bullish swing cycle since 2016 scoring mostly higher highs and higher lows. After the previous pitchfork (bearish) formation broke to the upside mid 2017 giving way to a new pitchfork formation. The pair looked to have broken out of the bearish cycle and accelerating price to the upside. After some back-and-forward where the pair hit...

LordGuineaPig

Hello future me, this is an ambitious idea to find out general areas of tops and bottoms for the EURUSD based on the past three decades. We draw up some basic greater support and resistance on Monthly EURUSD. The pair looks like most of the price action has taken place topside. When learning about markets and trading we keep hearing that markets move in cycles....

LordGuineaPig Updated 

The EURJPY looks to be trading in a triangle when taking a step back and viewing it from a strict outer trend line approach. Looking at a couple of inner intermediate trend lines we can see a slight favour to the upside. Note that we have only two-touches for all four trend lines, they have yet to be confirmed by the three-touch rule. Looking purely at price...