SimonBrisebois

Outlook

2018 Analysis

Upside 1.30 before downside to 1.16 area

2018 trade 3

2018 trade 2

Pretty clear corrective pattern here. Expecting a move down to at least 10,000$ area.

2018 Trade 1

I'm expecting a medium term pullback to 1.25-1.26 before going back up to 1.30-1.31. Wave 4 is a corrective wave, therefore I'm expecting it will be in 3 subwaves (A-B-C).

I see usdjpy going to tag the previous low in 107 zone. This bearish move will be fueled by the change of trends in monetary policies from central banks. The fed is already hawkish, I see the ECB and BOE starting to raise rates soon. This will lower the gap between the Fed hawkishness and the other central banks Dovishness. That with the appointment of a dovish ...

Chart speaks for itself. I bought calls on VIX for december expiration.

See chart for details

2018 Forecast: High at 1.3160. Low at 1.1580. Average trading price around 1.25.

Deep correction before resuming long term downtrend. I expect 1.30 area.

Rising wedge A-B-C Correction

We are in a corrective structure, short at the top.

Corrective structure with MACD bearish divergence. Oil will start wave 5 to the upside which will help the CAD gain strenght against all pairs.

Wave 4 completed, now time for wave 5

Sell the breakout