I am seeking a Long opportunity for GBPJPY this coming week. Over the course of the year. We have been anticipating a rate hike for GBP. They mentioned would come before the year is out. Forecasters anticipate this month to embrace the hike. .25% Previous. Forecasters predict .50% This meeting will take place Thursday this week. A higher than expected rate is...
Technical Analysis for DXY this month. I have been watch this analysis carefully and taking trades passed on this idea. We are under a inverted head and shoulders pattern. And We are observing the possible long opportunity ahead. Although price is having a issue surpassing 94.20. We are under great suspicion of a break of this price ahead. This is ONLY the...
EthUsd Recently showed a split in its development ladder. Which in turn produced a interesting rally. For the short term. But really whats at question here. Is what makes Ether better then bitcoin? Answer to that apparently is Ledger Technology. Decentralized type of Data base. Ethers split didn't result in 2 coins like bitcoin/bitcoin cash. But rather improved...
Chart illustrates a possible continuation in price-action for BTCUSD. I dont trade bitcoin. But we did attempt to find a reasonable position that made sense. My chart illustrates from my point of view what a trading opportunity MIGHT. Look like. Happy trading.
Investigating ascending triangles. I am anticipating the completion of the next leg of this Triangle formation. 2 Ways approach this trade. Breakout, buy the retest for a conservative entry. or Buystop, just out the the price difficulty range for USDJPY Based on technicals looking to complete ascending triangle pattern. at the 114.000 range. Anticipating ...
This weeks technical and fundamental analysis for USOIL. Currently awaiting confirmation of the full rotation reversal, that appears to be forming. I am under great suspicion that this bull rally has ended. And has claimed new Year Highs of $52.80 Fundamental Quote: It was said to be known that, Baker Hughes Friday showing operating 6 additional oil rigs...
I was able to do a quick spot check on g old here at 11:30pm Est. I waited all day for g old to show some sign of relief from the downtrend for the trading week. It has finally showed it. A pull back of 8 to 10 dollars. or .70% Or maybe more. Thats current price-action. XAUUSD At this point in time. I would lower time frames and be applying entry technique and...
US Oil Analysis For the week ahead. I am favoring towards seeing prices of 52.00 a barrel for USOIL this week. My technicals illustrate. Acute bullish pressure into a proven resistance zone. This usually leads to a extension past the resistance zone. Fundamental Comments: US Energy firms cut seven oil rigs in the week to Sept 15. Bringing total count down to...
Monthly chart still waiting some fundamental news to understand the next move for the DXY. FOMC Economic projections. FOMC Statement FED Interest Rate hike. 2 pm On Wednesday. With this meeting ahead, provide 2 theories to the movement of the dollar. Dollar can certainly gain more traction, and appeal to investors. If more certainty of a 3rd Interest Rate...
Potential Bearish Gartley formation. On the completion of the D Leg. I will commit to selling this pair. Not sure what gave it volatility earlier today. But will be patient to see if this pattern completes.
My idea overview illustrates a few key things. 1. Gap appeared in price, 9/4 at market open. Price increased by a near 10.00. 2. Consolidation/resistance zone. 3. Bullish Trend confirmation. 4. Eye'd price of new possible high of -1400.00 North Korean tension escalated recently. As they tested another nuclear device resulting in a 6.3 earthquake recently....
My chart describes a possible Short opportunity for USOIL. I have illustrated a complex pull back. Into the edges of a previous price consolidation zone. Confirmed Lower Low Bearish Trend. My prediction Anticipates a rest of the lows. More natural disasters at hand. Hurricane Irma. Previous storm in Texas, Cause for a selling market for USOIL. Keeping...
I have seeked a possible short opportunity in USOIL. Follow this orientation of Lower Lowers. I was able to uncover a possible short opportunity. This is a long term trading idea. Oil has presented evidence of low bullish activity. I believe seller will climb aboard to drive the price down from this point. Oil news information are to be kept on tight radar....
After observing the EURUSD making small trades along the way of my analysis. I was able to uncover a reasonable strength in a selling zone. That zone illustrates that amount of rejections received when price entered this zone. Under my investigation i was able to uncover two short opportunities during this investigation. Not approaching what what i will believe...
I have Traded many Trades in this analysis. After today totaling 3 or 4. I am under the suspicion that Gold will be making a unprecedented move. 1300 is a hard price to cover. But the break in the DXY could be the driving force of such a option. Precious metals and hard assets may flourish during these times. Bitcoin and other market may get more interest....
Analysis for XAUUSD illustrates the zones of resistance needed to overcome; to eye 1296 per troylee ounce. As of 1.30am today 8/18 i am under the suspicion this bullish momentum may exhaust right here. A break and close above 1289 would be a better look. but that may not happen. And if not. We may shed slowly to 1260 before another run at it. I am still...
After doing a technical analysis on GBPJPY i was able to identify the break in major trend. And the start to what appears to be a complex pullback, for a continuation lower. My chart explains, that were are expecting to see a pull back to the 142.500 Zone Retest the Major trend before heading lower. SellLimit 142.500 TP- 140.668 SL- 143.328
Gold has been the safe haven for investors since before time. Its performance this week was certainly reference that idea exactly. The rally to the Yearly highs certainly was quite the performance. Now we are coming within mist of a trading opportunity. Considering the tension between Korea Japan And the US. Other CFD's and future shares that influence XAUUSD...