Zivko36

Zivko36

FUNDAMENTAL: The stagflation in the US will cause correction of the currency course. TECHNICAL: It is used only to determine a point of entry. You can see that at the weekly and monthly charts formation of a HAMER. If HAMMERS, SHOOTING STARS and HANGING MAN appear on longer term charts that is a strong signal for trend reversal. Manage RISK! 2,5% of total...

Zivko36

FUNDAMENTAL ANALYSIS: The attempt of the USD to hold the favorable position with the help of the GOLD is failing. Like in the previous case where this happened (see the firs rectangular), and like it usually happens, because of the stable EUROPEAN economy (again, FUNDAMENTAL) rising GOLD price will move the USD down , respectively the EUR up . This TECHNICAL...

Zivko36

I am not sure whether is a good thing to settle your self for a LONG SELL position at this moment! Since the weight of the USD on this pair is much greater in this pair I recommend a little patience, BUT we see a little divergence on the DAILY chart which that it will move a little bit to the down side. It depends on how strong will the down move be. AGAIN,...

Zivko36

TECHNICAL ANALYSIS: If you go to the lower time frame (12h and 4h) charts you'l see that the AUDUSD formed a lower low. At the same time the RSI formed a nice divergence not passing the 50% mark in between the HIGHER and LOWER low. It all depends on the GOLD: Will the BEARS push a little bit more for the USD to go up! USD is much stronger then the AUD in this...

Zivko36

After seeing what the best have to say on TradingView... this is my final stand. Manage RISK. All positions together NOT MORE than 2,5% of your CAPITAL. GOOD LUCK!