V4nsceaux

V4nsceaux

The EURUSD is strongly bullish. From a pure technical approach, a long in the 1.14000 area is highly sought for. The ways to manage this potential trade setup are plentiful, depending on the type of trader that you are. We recommend a combination of taking off a part of the position on profit at the swing high point around 1.4400 area and trailing our initial stop...

V4nsceaux Updated 

The NZD/JPY has been in a downtrend since early february. Based on our trading plan, we have identified a trend continuation opportunity. In order to engage we must wait for the price to pull back towards the 76.500 area in order to have a more favorable reward/risk ratio. Entry point, stop and targets are indicative and not to be taken exactly since the trade...

V4nsceaux Updated 

We're in full earnings season, so the market is expected to move erratically from a technical point of view. From a fundamental perspective, we expect well performing banks to lead the S&P500 earnings season as top performers for one simple reason: interest rate hikes should have a considerably positive impact on their income. We don't know if that is enough to...

V4nsceaux Updated 

A pretty interesting technical opportunity has unfolded on one of our favorite instruments: light sweet crude oil futures. From a fundamental point of view, after a historically tight range-bound market, price action broke down violently as US crude inventories surprise came in early march. Price continued to fall to $47.00 throughout March. In late march, the...

V4nsceaux Updated 

From a technical perspective, the GBPNZD has been in an uptrend since february, this trend also being confined (not perfectly) in an upward channel. Today, price action tried heading for the upward boundaries of the channel to retest it but failed against higher time-frame structure where it would have been expected that sellers would step in. We mention that...

V4nsceaux Updated 

Looks like the EUR/USD gaped up when opening this week. This calls for a need of extra confirmation before entering this trade. From a technical perspective, the EUR/USD 0.30% ran into a strong area of resistance where sellers came in strong in the past. On our higher time-frame (4H), we can notice the EUR/USD 0.30% putting in an ascending triangle pattern coming...

V4nsceaux Updated 

At this point, we are looking for price action to retrace back to 2350.00 after the downthrust that took place across the board in major indexes. IF the price retraces to a more faborable level, we can look for a short entry that meets our trading plan's entry criteria for the S&P500. The key word for this opportunity is patience since we want it to set up for...

V4nsceaux Updated 

Fundamentally, we are waiting for the Reserve Bank of New Zealand interest rate decision which will typically cause some volatility in the market. We are expecting New Zealand to keep the NZD interest rate unchanged. Technically, the GBP/NZD is setting up for a long setup. We are going long in anticipation, which is considered an aggressive entry. Our entry is...

V4nsceaux

We are looking for this pair to fall back around 0.93000 Our trading plan requires extra price-action confirmation. Entering right now would be considered aggressive according to our rules of engagement. For the time being, this currency pair is on our radar.

V4nsceaux

From a techical outlook, the E-Mini S&P500 is bullish. We will be looking for longs only that specifically match our trading plan. We will not provide specific trade management guidelines when it comes to the futures market since this is not a day-trading setup ! Overnight position holding in the futures market requires intensive capitalisation in order to...

V4nsceaux

Technically, since the beginning of February, the GBP/USD has been in a bearish channel . Our trading plan favors a short in the area in which the price currently is. Momentum wise, on our higher time-frame (4H Chart) the 7 period RSI is slowly going into Overbought territory while on our trading time-frame (1H Chart) we have a 7 period RSI bearish divergence....

V4nsceaux Updated 

Based on the fact that we are expecting an interest rate hike from the Federal Reserve, our positional bias remains bearish. Technically speaking, on the higher time frame, the trend is also bearish. Therefore, we are looking for short opportunities only. If the trade gets stopped out, we might look for another short opportunity with stops above previous swing...