EURUSD PLAYED OUT AS THOUGHT OUT BOUNCING AT 50% FIB LEVEL RETESTING THE PREVIOUSE SUPPORT LEVEL, NOW MOMENTUM TO THE UPSIDE IS BEGINNING TO RISE AND MAY GO IN THE FAVOR OF THE PREVIOSE IDEA ON THE EURO... EURUSD SHORT TP 1 - LEVEL 1.30441 TP 2 - LEVEL 1.10944 STOP LOSS - OPEN OF THE CURRENT CANDLE / RISK MANAGEMENT PERIOD - SWING
ACCODING TO FXSTREET USD/JPY is down for the second session in a row so far on Good Friday, navigating the vicinity of the 200-day SMA near 108.30 against the backdrop of increasing concerns on the coronavirus outbreak in Japan, extra stimulus pumped by the Federal Reserve and scepticism on the recently announced emergency economic package by the Japanese...
WHILE STILL WAITING ON THE POSSIBILITY OF THAT REVERSAL H&S FORMATION I THINK WE WILL SEE SOME PULL BACK IN THE PAIR IN THE COMING WEEK ON THURDAY WE SAW ZAR GAIN STREGTH AGAINST THE DOLLAR THEN CAME THE EXTENSION OF THE LOCKDOWN AND WITH THE STATE OF OUR ECONOMY A REVERSAL COULD BE HIGHLY UNLIKELY AND WE COULD STILL HIT THAT 20.0000 AGAINS THE DOLLAR IN THE...
WE SAW OIL RECOVER IN THE LAST WEEK OF MARCH BUT ITS NOW RESUMED THE BEARISH TREND AND LOST 18 % AT THE MARKET CLOSE THIS AFTER MEXICO REJECTS OPEC+DEAL,LOOKING AT G20 ENERGY SUMMIT DAILYFX The OPEC+ meeting last Thursday and the G20 meeting on Friday look set to trim oil output in the coming months, as producers react to the global growth slowdown. As we write,...
GOLD IS STILL ON AN UPTREND ARE WE JUST SEEING A RETRACEMENT AT THE CLOSE OF THE MARKET THIS PAST FRIDAY ,ITS VERY POSSIBLE AS MOST INDICATORS ARE STILL VERY BULLISH ON GOLD SO GOLD IS STILL A GOOD BUY WHEN YOU HAVE YOUR PERFECT ENTRY CHANCES ARE STILL HIGH THAT WE ARE CONTINUING TO THE UPSIDE ON GOLD LOOKING AT A POSSIBLE BOUNCE AT FIB EXT LEVEL 0.5 ( 1667.47)...
STILL HOLDING ON GBPAUD SELL CAN WAIT FOR A RENTRANCEMENT AND ADJUST THE SL TO THE SWING HIGH OR ADJUST NOW AND BREAK-EVEN...
BITCOIN CONTINUES A WEEK OF POSITIVE SENTIMENT ACROSS THE MARKET, STILL CONTINUED ITS STABLE YET STEADY ASCENT TO THE UPSIDE , THIS WEEK HOPEFULLY IT CONTINUES TO THE UPSIDE ... BTCUSD LONG IDEA SL RISK MANAGEMENT
CONTINUATION TO THE DOWNSIDE ON THE USDCAD TARGET LEVEL 0.618 (1.38351)
THE PAIR COULD RETRACE TILL THE 50% FIB LEVEL THEN CONTINUE TO PUSH UP TO THE UPSIDE CONTINUING THE UPTREND, WE'LL SEE HOW THE WEEK GOES BUT THIS MOVE HOPEFULLY WILL BE A DAY TRADE THEN CONTINUE THE TREND FOR THE WEEK AHEAD...
SILVER & GOLD HAVE BEEN STRONG IN THE LAST COUPLE OF DAYS SHOWING STRNGTH TO THE UPSIDE... HERE IS A LONG IDEA ON SILVER CONTINUATION TO THE UPSIDE....
GOLD CONTINUATION TO THE UPSIDE MIGHT SEE A RETRACEMENT OR AN FTR BUT MOMENTUM TO THE UPSIDE FOR ME STILL SUGGEST CONTINUATION TO THE UPSIDE....
USOIL IS RETRACING AT THE MOMENT , I'M LOOKING AT THAT FTR WICH I THINK IT WILL BOUNCE OF MOMENTUM TO THE UPSIDE WAS FAIRLY STRONG.... IF YOU ARE TAKING THE TRADE MARKET EXCECUTION SHORT UNTIL THST FTR OTHERWISE WAIT AND RIDE THE BULLS TO THE UPSIDE IF IT PANS OUT AS PLANNED MY TARGETS UPON ENTRY OR IF WE ARE TRIGGERD TP 1 - FIB LEVEL 0.5 50% (27.69) TP 2 - FIB...
ZAR HAS BEEN GAINING STRENGTH IN THE LAST COUPLE OF DAYS, EVEN THOUGH THE FUNDAMENTAL SENTIMENT IS STILL THAT WE WILL SEE ZAR HIT THE 20.0000 MARK TO THE DOLLAR, I SEE A POSSIBLE HEAD & SHOLDERS FORMATION ON THE ZAR DAY TRADE ZAR SELL FROM THERE RIDE THE BULLS TO THE UPSIDE WITH THE RIGHT ENTRY USDZAR SHORT IDEA
SAUDI ARABIA AND RUSSIA HAVE A DEAL ON OIL OUT PUTS USOIL CURRENTLY CLOSE TO 50% FIB LEVEL... LOOKING AT SUPPORT LEVEL 29.12 TO SEE IF WE'LL SEE AN UPTREND ON OIL FUNDAMENTAL SENTIMENTS STILL SUGGEST A RISE SO STILL LOOKING FOR LONG POSITIONS ON OIL
GBPAUD SHORT IDEA SWING TRADE TIGHT STOP RISK MANAGEMENT TP OPEN
GBPAUD SHORT IDEA SWING TRADE TIGHT STOP RISK MANAGEMENT TP OPEN
WE ARE ON THE DOWNTREND ON THE EURO LOOKING FOR SHORTS ON HIGHER TIMEFRAMES/SWING TARGETING FIB LEVEL 1.618 ( 1.05373) TP1 - 1.06607 IF WE SEE THE COMPLETION OF THE DOUBLE BOTTOM SL - RISK MANAGEMENT
USDCHF LONG IDEA TARGETING RESISTANCE LEVEL 1.00161 SWING, WE ARE ON AN UPTREND SO LOOKING FOR LONG TRADES TIGHT STOP RISK MANAGEMENT