USDZAR LONG IDEA CONTINUATION TO THE UPSIDE AT PREVIOUSE SUPPORT THE RAND HAS BEEN WEEK AND IS EXPECTED TO BE WEAK IN THE WEEKS AHEAD STILL TARGETING THAT 20.00000 MARK ON THE ZAR
THE RAND WEAKENED AGAINST MAJOR GLOBAL CURRENCIES SINCE THURSDAY AS CORONAVIRUS CONCERNS WEIGHED ON SENTIMENTS FUNDAMENTALLY, TRADED AT R18.50 AGAINST THE DOLLAR AT ITS PEAK.. COULD WE SEE THE RAND RISE UP TO 20.0000 AGAINST THE DOLLAR IN COMING WEEKS WITH THE COVID-19 AND THE STATE OF OUR ECONOMY CURRENTLY HIGHLY POSSIBLE SEE THIS HAPPENING IN THE COMING...
GOLD LONG IDEA ON THE DAILY SAME ANALOGY THUS FAR STILL HOLDING HOLDING ON GOLD PREVIOSE TRADE STILL FEEL GOLD IS MOST LIKELY TO RISE DESPITE THE UNCERTAINITY ON THE CHART ITS BEEN RANGING A BIT... IT ROSE STRONGER WITH THE US JOBLESS CLAIMS DATA TRADING AT 1613.04 SO SO FAR I'M STILL HOLDING TARGETING THE SAME FIB RETRCMNT LEVELS FIB 0.5 (1667.47) FIB .382 ( 1667.36)
AFTER PRES . TRUMP SAID HE EXPECTS SAUDI ARABIA & RUSSIA TO REACH A DEAL THAT WILL END THEIR OIL PRICE WAR IN THE NEAR FUTURE I'LL BE LOOKING FOR LONG IDEAS WHEN IT COMES TO OIL .. LOOKING FOR SWING ON HIGHER TIME FRAMES ON OIL.... WILL ALSO BE LOOKING FOR LONGS ON LOWER TIME FRAMES
EURO ZAR LONG IDEA , ZAR HAS BEEN WEAK GLOBABLY AND THIS IS MOST LIKELY GOING TO CONTINUE IN THE COMING WEEKS WE MIGHT SEE A RTRACEMENT BUT LOOKING FOR LONGS HERE'S EURZAR LONG IDEA ON THE DAILY CHART
GBPZAR IF WE LOOK TO THE LEFT WE HAVE A PREVIOSE TARGET GOING WITH THE BULL AT FIB LEVEL 1.618 WITH THE COVID-19 AND EVERYTHING HAPPENING FUNDAMENTALLY WITH THE ZAR ECONOMY THIS IS THE TARGET GOING FORWARD LOOKING FOR LONG POSITIONS SWING
THE DOLLAR HAD A PRETTY GOOD WEEK TRADING HIGHER AGAINST MOST MAJOR CURRENCIES DESPITE EVEN THE NON-FARM PAYROLL NUMBERS... I THINK WHAT COULD GO AGAINST THE DOLLAR FUNDAMENTALLY WOULD BE THE COVID-19 NUMBERS AND ITS IMPACT... LOOKING FOR LONG ON THE POUND DOLLAR DESPITE THE STRENGTH OF THE DOLLAR IN THE PAST WEEK.... GBPUSD SHORT RISK MANAGEMENT
USDJPY STRUGGLED TO MADE A DECISISIVE MOVE IN THEIR DIRECTION AND CONTINUES TO MOVE SIDEWAYS NEAR THAT LEVEL (108.50) AS RISK AVERSION HELPS JPY STAY RESILIENT AGAINST THE USD. SORCE FXS NEWS SO WHERE TO FROM HERE I'M LOOKING FOR SHORTS IN THE PAIR, JUST FROM THE INDISISIVENESS AND THE CCI AT ALMOST 100
USOIL ALMOST AT FIB LEVEL 0.618 (29.71) AFTER PRES. TRUMP SAID HE EXPECTS SAUDI ARABIA & RUSSIA TO REACH A DEAL THAT WILL END THEIR OIL PRICE WAR IN THE NEAR FUTURE I'LL BE LOOKING FOR LONG IDEAS WHEN IT COMES TO OIL.. IF WE RETRACE LOOKING AT FIB LEVEL 0.5 ( 27.69) THEN CONTINUATION TO THE UPSIDE LOOKING FOR LONG POSITIONS ON OIL.....
HOLDING ON GOLD PREVIOSE TRADE STILL FEEL GOLD IS MOST LIKELY TO RISE DESPITE THE UNCERTAINITY ON THE CHART ITS BEEN RANGING A BIT... IT ROSE STRONGER WITH THE US JOBLESS CLAIMS DATA TRADING AT 1613.04 SO SO FAR I'M STILL HOLDING TARGETING THE SAME FIB RETRCMNT LEVELS FIB 0.5 (1667.47) FIB .382 ( 1667.36)
4H RETRACEMENT IDEA THE RAND WEAKENED AGAINST MAJOR GLOBAL CURRENCIES SINCE THURSDAY AS CORONAVIRUS CONCERNS WEIGHED ON SENTIMENTS FUNDAMENTALLY, TRADED AT R18.50 AGAINST THE DOLLAR AT ITS PEAK.. COULD WE SEE THE RAND RISE UP TO 20.0000 AGAINST THE DOLLAR IN COMING WEEKS WITH THE COVID-19 AND THE STATE OF OUR ECONOMY CURRENTLY HIGHLY POSSIBLE SEE THIS HAPPENING...
GOLD POSSIBLE LONG , WE HAVE A COUPLE OF STRONG EVENTS STILL COMING UP SO ANYTHING CAN HAPPEN BUT TECHNICALLY LOOKING AT THE MOMENTUM TO THE UPSIDE I'M LOOKING AT A POSSIBLE LONG ON GOLD MY TARGETS WOULD BE FIB RETRAC 0.382 TP1 FIB RETRC 0.5 (1661.7) TP2 TIGHT STOP RISK MANAGENT
BITCOIN IS PUSHING DOWN STRONG THE BEARS ARE IN PLAY BUT I FEEL WE ARE IN A RETRACEMENT MIGHT CONTINUE THE RICE ONCE WE HIT THA GREEN ZONE FOR NOW BTC SELL TIGHT STOP TP - 6488.5
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 -...
LOOKS LIKE EURUSD BOUNCED OF FIB LEVEL 0.618 AS EXPECTED I THINK WE ARE ENTERING INTO A RENTRANCEMENT TO THE PREVIOUS FTR CANDLE AND THEN CONTINUATION TO THE DOWNSIDE OR RATHER ON THE DOWN TREND MY TARGETS WOULD BE CURRENT PRICE @ FIB LEVEL 0.618 TP1 PREVIOUS SUPPORT LEVEL 1.07830 TP 2 RISK MANAGEMENT - SL IF ALL PANS OUT AS PLANNED PERIOD WOULD BE 1-2 DAYS
USD CAD SHORT IDEA FFROM THE CAD GDP AND USD CB CONSUNER CONFIDENCE TODAY THE DOLLAR SEEMS TO BE WEAKENING AGAINST THE CANADIAN DOLLAR CONTINUING IN THE CHANNEL USDCAD SHORT CURRENT PRICE
USDZAR CAN WE STILL RISE AND PUSH FUTHER UP. ARE WE RETESTING OUR NOW SUPPORT LEVEL 17.0081 I DONT THINK THE PAIR HAS FOUND ITS ROOF YET WITH ALL HAPPENING FUNDAMENTALLY, I FEEL STRONGLY THAT WE ARE STILL GONNA SEE A RISE INT THE PAIR DURING THE CAUSE OF THE WEEK... PENDING ODERS, BUY ODERS USDZAR BUY TP 1 - 18.22628 TP2 - 15.50000
GOLD CAN GO EITHER WAYS THIS WEEK LOOKING AT THE ADP NATIONAL EMPLOYMENT EVENT TOMMOROW AND ON THE 3RD WE HAVE THE UNEMPLOYMENT RATE AND THE NON-FAM PAYROLL GOLD CAN EITHER CONTINUE IN THE UPTREND CHANNEL OR WILL PUSH DOWN TO OUR PREVIOSE SUPPORT