Riz_Ezreal

Riz_Ezreal

Hope you got that. Anyways, we have a mild long here, and with the strengthening of GBP for recent data, we might still see large buys from here. The Wolfe wave is particular, and breakout is not expected to be seen here. However, we may see a pullback as the pair is largely overbought, but they don't work in a trend do they? Will keep you updated in the...

Riz_Ezreal Updated 

The week begins with the recent OPEC remarks. As reported, the supply of oil is increased to 1M barrels a day and this is music to CAD's ears. With CAD being more stronger, there are significant possibilities that the pair will go further down. Strong technicals here. USDCAD broke the 4 and 8 day trend respectively. It tested a one year resistance and nothing...

Riz_Ezreal

As plain as that, Mario Draghi owned the floor for now. Given that EU will halt it's asset purchases (and hence their rates) till summer 2019, in his speech he still lend some hopes of middle-term inflation reaching EU's goals and a stronger labor market despite the Brexit tensions. Given the fundamentals, elite technicals,provided in the chart, suggest a good...

Riz_Ezreal

Well...while we are busy with EURUSD and GBPUSD shorts, this pair on the other hand looks like a golden opportunity to short. Pairs like GBPJPY have already done their job, and have further sentiments for rising action. This pair is delaying mainly because of the AUD weakness, As we inch near to the trade war on July 6th, investors will be looking forward to buy...

Riz_Ezreal

Like other AUD pairs, due to the recent AUD fundamentals about slow wage growth and increase in household debts, the pair is more likely to fall soon. Rising tensions from the trade war will mess up the markets, and it all will initiate with this pair. It is respecting the 100-period TEMA perfectly and it is also providing good resistance. Following my AUDCAD...

Riz_Ezreal Updated 

Nice title, that. Anyways, we have seen a major pullback of the AUDCAD downtrend, and now the pair is falling south. Good AO cross and a 81 day resistance test. That should be a spectacular short. Wait till it closes below the 50 day VWMA and then nothing's gonna stop this pair from falling. Best of luck! Riz.

Riz_Ezreal Updated 

Yum. It seems like a super sell here, after days of a large drop. The pair tested the 38.2% (idea below) 11 times and the drop was expected. The pullback from the drop was nice...and we can expect the downtrend to resume, as indicated by the 200 day VWMA. Large volatility incoming . I expect you to hold it until signs of downtrends appear. Best of luck. Riz.

Riz_Ezreal Updated 

No man. Longs allowed no more. It's over. Go home. You cannot just expect the economy to bounce up all of a sudden due to some Monetary Policy releases. Na-ah. Super selloff incoming. Gotta focus more on the support and resistance levels (pink rectangles). Super overbought on all indicators. You kidding? Best of luck. Riz.

Riz_Ezreal

Long they said. It will be fun...they said... -___- Tested the major resistance 5 times ...and then finally broke down. It has to complete the corrective wave so after the pullback..it can go beyond 0.989 USDCHF finally broke the consolidation zone too. Only time will tell. Riz.

Riz_Ezreal Updated 

Really man. GBP...we loved you. We tolerated you enough...now go fall. The recent vote hike decision, along with the Monetary Policy summary has drove GBPJPY to the sky. Too much is too bad...now. With Great Britain struggling with the Divorce Bill and rising Brexit uncertainties creating panic for investors...we can expect it to fall; and this is...

Riz_Ezreal Updated 

Konichiwa! After the awesome bullrun from positive USD data..it's time for a (huge) pullback...and USDJPY is at it already. Long-term shorts possible, indicated by the bearish momentum generated from the Heiken Ashi. The Tenken is about to cross the Kinjun...so that's a good confirmation of a bearish move. Any better ways to start the week? Riz.

Riz_Ezreal

While people are busy with the US- Korean summit, much of the attention needs to be drawn here. Away from the fundamental whipsaws, we have a clear view on EG future. Good-going Euro can boost this pair even further. Best of luck! Riz.

Riz_Ezreal

*Some claps for the longs* Jolly, jolly good, AUD. You put up a nice show there. Not anymore. Super fall incoming. Time for bigger selloffs. Stay with the short gang and ride the trend. This will be fun. *Awkward laugh* A long short there (Irony 100). 260 pips someone hold my beer! Best of luck! Riz.

Riz_Ezreal

BTCUSD might inch 7050 before going back up again. The purple box can act as a good resistance...and if breached....well...journey to Space-X confirmed. If Tesla is still not bankrupt,that is. Riz.

Riz_Ezreal Updated 

Yummy bull run there. Possible longs from the double bottom. Anything sweeter than this? Riz.

Riz_Ezreal

Man...longs don't last for long. Wave pattern completed...with a positive GDP data pullback upcoming. Who knows what's next? Best of luck out there. Riz.

Riz_Ezreal

We can see a wave completion right there along with a Wolfe breakout. More to come! Good luck! Riz.

Riz_Ezreal

Hola. Noticed something big there. If the trend breaks...then buy and hold for like....weeks! Nice going!