alexkyp

alexkyp

GBP has reached significant high levels past week and is heading for some consolidation before it rise or drops, JPY was quite stable the past week around 109.00 and around the end of the week started droping. My macro view on USDJPY is further drop as dollar is expected to devalued the same way as in 1985 when president Regan devalued the dollar against the Yen...

alexkyp

AN is on a clear upward movement as it successfully broke above the bearish daily trendline that is been pushing the pair downward for the past couple of months. We can expect to see further highs in the next few weeks !

alexkyp

EG is been trading within the same box of 0.93 - 0.84 for the past 3 years, its once again on the bottom if where we can see a clear exhaustion of the bears several bullish candlestick formations and a very clear w formation on the daily timeframe . We can see the pair currently pushing towards 0.85 psycholigical line and break above it . A break above that are...

alexkyp

Lets see if EURUSD will reverse this week, last weeks try to reverse was hammered down buy the bullish move on the US dollar index which eventually broke the psychological are of 1.10 . There is two potential scenarios for EURUSD this week. 1st is to reverse around the average trend level based on the daily movement, 1.0940 where is several previous reversal...

alexkyp

Gold had a long bullish run the past month with several times trying to break the $1600 barrier but currently is trading below the bullish trendline that has a clear change of polarity and is now acting as resistance around $1570. There is now clear show of bullish retaliation but there is a clear weekly piercing pattern that suggest a continuation of the downward...

alexkyp

Black Gold has been on the downtrend for the past week, the reason behind this sharp drop is the coronavarious that is been affecting the majority of the industries out there. The demand for oil is been expected to drop to 150.000 less barrels per day in 2020 compare to 2019. This facts are the main reason why the price has seen such a huge downward movement....

alexkyp

The pair is trading below the daily trendline, a lot of rejection and selling pressure in the area ! The only reason for a buy is for it to break above the trendline!

alexkyp

The pair is been on a recovery trend with a help of last weeks news on CAD , currently it rejected the daily trendline around 1.3165 an area with a lot of rejections and reversals! If it sustains its rejection of the trendline we can expect further drop !

alexkyp

Swiss franc is getting stringer as the GBP / EUR economy are in crisis , Bulish move on gold will potential drive this pair to further lows . Currently rejecting the daily trendline, we can keep an eye on it for a sell position

alexkyp

1) re-test the daily trendline as support 2) break below

alexkyp

AUD broke below the daily trednline bullish set-up , if it sustains its position below that trendline we can expect further drop

alexkyp

Back to bullish run !

alexkyp

1) 1.10 psychological 2) 1.0950 3)1.09

alexkyp

2 Potential buy scenarios for next week 1) Break and retest the Daily trend line 2) back down to retest 1557.00

alexkyp

3 potential scenarios for US DOLLAR index for the upcoming week. 1) Reverse around the psychological line of 98.00 2) Break above 98.00 and continue its bullish run 3) retest 97.50 are

alexkyp

Previous support trendline could act as resistance !

alexkyp

Previous support trendline acting as resistance ! . EUR on clear bearish trend

alexkyp

previous trendline acting as resistance, previous box resistance , aim to reach trend level !