mert.kucukengin

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USDJPY long from 108.50

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With the start of the year Banks started to talk about YEN will be stronger in 2018. With this move USDJPY and other YEN pairs started to hype up. Even Unemployment rates' news came positive from US side didnt effected chart well to take it up back to 113. band. We saw the USDJPY moves and consolidates around 112.80 and 112.20 band. With todays Eu session opening...

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USDJPY made a huge drop with JPY's strenghtening. adding to this we couldn't see something useful for USD to get its strength back on game and carry this little fella back to 113.000 band. USDJPY might retest it's fibbo level around 112.40 band and will continue it's drop. 2018 will be YEN year..

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EURJPY just tested the trend line and made its bounce. If news come Negative from EUROPEAN side chart will give us opportunity to sell till 131.50

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As we noticed from 2 weeks before AUDJPY parrity made its Highest high point which was also predicted as strong resistance which 89.50 Band. Adding to this significant drops at volality in August triggered this chart to start it's countertrend as 8th month started. Now chart holds 86.25 point which forms a good opportunity to sell. 86.10 is the key level which...

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USDJPY bearish movement finally lost It's power on sell positions. Finally we saw some buyers still alive on this chart. 108.80-108.60 band both became as a Buy signal and support band for USDJPY and till yesterday It started to move upwards. we saw our first point around 109.10 band and 109.45 minor resistance test in this morning. If this chart holds up with...

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EURJPY broke minor trend line after it priced the chart for Export and adjusted trade balance news from JPY side. Trump's non-replyments about Korean threads made USD a bit strenghtened so EUR pairs affected as EURJPY do. As we see after breakdown at minor trend parrity made its retracement back to trend and bounced back. After minor trend we got a key level at...

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GBPCHF got its strength from CHF's weakness which is weaker than GBP. GBP also lost its strength but not so powerful to lose its total strength. GBP inflation and unemployment news released strong in last 2 weeks. This pair might see its retracement which stays 1.2550 band equals to fibbo %50 band. Might move upwards till 1.30 band which monthly Res holds and...

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XAUUSD made it's new lowest low at Feb. Before it climbs up till 1275 weekly resistance level. As expected it tested its Main Trend for 3 times and started its drop again to give us a new Low. Also on retracement, this line equals to Fibbo %76.8 band. So both Weekly and fibbo 76 band rejected on last week. Before its drop it needs to breakdown the minor Trend...

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EURJPY took enaugh power from ECB news last week to pass its consolidation area and reached it's 131.50 Minor Resistance band and tested it.Adding to this bad news from US side triggered all EUR pairs to go higher points. Expections will lead us till %50 fibbo line at 130.60 band to gain it's power on buyers again, to lead us 132.40 band by retracements on long...

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USDJPY Continues its downtrend. USD weakness supported parrity to make its lower high sooner. Showed us some resistance this morning as expected and continues its way down with sellers' power on. might see fibbo -27% around 109.50 band which is also a Major Support for buyers. Expecting that point level by level. 110 band minor support might be a good point to get...

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EURAUD chart started its day under fibbo %50 band and tested its %61 band which stays around 1.49. It's last week climed here from 1.42 band with EUR news and weakens from AUD supported it too. As we see we got our major Resistance around 1.5050, fibbo %70.6 band which held the parrity 3 times or more since JUN 2016. Our setup gives us here that it's movement tru...

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After GDP news from US, USD's weakness continued and pulled all currencies power upwards. As we see AUDUSD passed upwards and continued its trend from consolidation box- 100-pip area between .7880 and .7980 . GDP news will affect our chart tru Long positions and opened up AUDUSD's way upto 0.81 band (Fibbo %127 level). After retracement to 0.7950 band there will...

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USD lost its strength enaugh to give potential Yen to get its power back so parrity moved till 111.70 key level. It will make its retracement to fibbo %78.6 point at 110.30 band which tried 2 times before and got rejected. After its breakdown on minor trend USDJPY made a potential to hold the band. Makes a good opportunity to go long position till fibbo %-61.8...

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USDCAD made a good progression till it showed us Head and Shoulders formation till MAY and it touched its Fibbo %61.8 band. And touched trough 1.25 band and its one of the MAJOR Resistances for USDCAD. It will show us where to go now. 1st it can test the trend line which tried couple times before and rejected. It might see 1.2440band as we see fibbo %-27 band. 2nd...

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USOIL showed a good progression last week before market closes. It retraced back to 46 Band after market opened up. Might retrace till Fibbo %78.6 46.8 band. After retracement it might break down its minor trend to show up a new LL. Fibbo %-27, 42.55 band is aim for now.

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After its hike upto 0.79 band AUDUSD consolidated itself till Friday market closing time.Waiting a small retracement till %76 - %61 fibbo band then it will give us potential to see 0.80 band on Long this week. With its strength against USD we might see Fibbo %27 level 0.8040 band.

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Last week GBP got strenghtened enaugh to get the potential to see 1.33 band. Positive news affected GBP against USD and uncertainity at USD triggered it up to 1.30 Monthly Resistance band. On Friday before the market closes it finished up its retracement. Also we saw that it tried to break the trend 2 times till here. Retracement made chart to take its breath and...