Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Sideways consolidating market conditions right now. 4 HOUR Small bullish pullback to the upside after a bearish rally. DAILY Bullish waving market forming several HH / HL Structures. OVERALL Expecting market...
BTC continues to hit new highs this year and some might have noticed that the USD decline coincides nicely with this rise. We can see the continued move from $9,000 to $14,000 arguably has been spurred on by the strong drop in the US dollar. Whether the trend continues to seemingly resemble some correlation needs to be seen but they are trending in opposite...
My thoughts and trading plan for GBPUSD
The discussion is based on my recent trading plan for EURUSD. How to identify false breaks and avoid traps.
Noob Lectures Lectures for noobs by noobs! Old Chart with Bitcoin & Dollar Index comparison
This is no news to anyone who follows the stock market but this is just to put it in perspective how bad the EU is doing. The euro is lagging, getting close to parity with the dollar and the stock market in Europe has gone nowhere for decades. If you took all your money out of the Eurostoxx in '07 and put it in the S&P you would have had 3,5 times as much if you...
as you see the EURUSD pair is facing a potential reversal zone due to butterfly pattern , But I don't suggest to buy it because it gives us a small target until it face the upper side of the triangle.
DXY couldn't break below former valley of 95.03 and now we are heading to break the former top above 96.68. This could make valid the unfolding of 5 waves up in larger wave (5) (green) to touch the big top of 103.82. On a bigger time frames (see related) we can go even higher.
Hi everybody, USDMXN made a nice drop in impulsive fashion, down from 20.657 level which can be a five-wave development in the making. We can see waves 1,2 and extended wave 3 completed at the lows, so current sideways activity can be a temporary pause within the downtrend. We see this pause as a triangle correction within wave 4, which can now be trading in...
Since we broke the previous support mentioned at 1.3080, we've been heading lower and lower breaking easily through the monthly support of 1.3000 and closing below. Also May has her negative effect on this pair making it easy for pound to head lower and close with a bearish marubozu candle on the 4H TF. Currently there's a lotta room left to the downside with our...
description will follow up.
NZDUSD is a pair I’d like to put my focus on from now on cause I adore the way it respects price action. On the daily TF we’ve rejected the previous daily high 0.6940 with a somewhat tweezer tops and on the last day of last week we closed with a strong bearish engulfing + theres a little wick on the downside so it’s also somewhere between a shooting star and...
Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit at horizontal, diagonal & dynamic support/resistance areas) - What are the...
Hi traders. Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit) - What are the underlying fundamental/sentiment drivers that...
Hi traders. Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit) - What are the underlying fundamental/sentiment drivers that...
Hi traders. Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit) - What are the underlying fundamental/sentiment drivers that...
Hi traders. Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit) - What are the underlying fundamental/sentiment drivers that...
Hi traders. Whenever you are looking at a technical level, always ask yourself the following: - Am I buying at a potential bargain/wholesale/discount price? (supply or demand zones) - Why is there more likely to be more supply/demand orders at that area? (new traders entering/traders taking profit) - What are the underlying fundamental/sentiment drivers that...