tomstewy

tomstewy

ADA (Cardano) has stabilised above the fibonacci golden pocket zone (between 50-61.8% retracement. Technically the pair is holding support, which also lies around the significant $2.000 mark. We anticipate upside out of this zone into fibo extension around $3.600. ADA is set to release smart contracts late Q4 – early Q1 2022.

tomstewy

NZDJPY has broken the corrective flag pattern to the upside, having found support around the 21.4% fibo level. We anticipate continued upside to the 21.4% extension fibo.

tomstewy

Hey all. NJ hit target at 82.50. Now watching for a pullback into the blue lines where I have buy limits. NJ seasonality continues through to december.

tomstewy

XAUUSD has enjoyed trading above the 1700 figure for a considerable amount of time. I anticipate price will move back into the 1500's. Price has similar price action. The daily moving averages remain in a bearish cross. Commercial shorts on gold futures are aimed to weigh the precious metal down, as manufacturers look for cheaper gold prices.

tomstewy

Gold shall crumble under the weight of commercial shorts, as technology companies and jewelers both seek to buy the material at lower prices.

tomstewy

Kiwi yen has a very bullish seasonality from september all through december. I anticipate to continue trading long only on this pair for the remainder of this year.

tomstewy

THis short idea capitalises on current Mid term trend & recent highs.

tomstewy

GBPUSD daily chart has closed below the 50% fibo and the mid-trendline support.

tomstewy

GBPJPY swing trade, bullish structure, price holding bullish flag support.

tomstewy

USDCHF is forming a wedge after a 6 month long bear market. The 50 and 200 day moving averages have now given a bullish cross and upside looks promising as the US has had a strong economic recovery from Covid19.

tomstewy

NZDUSD at support, looking for upside.

tomstewy

GBPUSD has traded into the golden pocket fibo and the 200 hour MA resistance. PPO and RSI also point to downside!

tomstewy

Earlier this year Japara health care (JHC, bottom chart) had a take over bid, pushing the stock to higher prices, outperforming REG. The stock is typically highly correlated, and with the deviation from the mean I'm looking for a return back to the mean. I will be going long REG and potentially taking a short on JHC for a reversion.

tomstewy

CHFJPY Is in an ascending channel and has bounced out of a key support / resistance level. I am looking for further downside on the cross forex pair.

tomstewy

ETHEUR is holding strong above the 200 day moving average, around the 61.8% fibo level. The pair is still bullish and with Bitcoin still being adopted by the mainstream masses the crypto market is set to boom.

tomstewy

NZDJPY is in a bullish flag pattern. Look for an equal length outbound trend!

tomstewy

NZDJPY has broken monthly pivot resistance / 61.8% extension resistance and now looks clear to target the 100% extension.

tomstewy

ETH just retested 61.8% fibo level and the previous high. Standard bullish pullback, no need to panic ;) Seems like GS just wanted to buy at a nice price so pushed it down. Nicely done!