This is not meant to be a signal or a trade idea! This is a long term analysis of Eur/Usd using a Weekly Time Frame With A Line Chart. So as you can see, Price broke Support and Came back up recently to Retest WEEKLY SUPPORT NOW TURNED RESISTANCE..... This gives me the idea that the EXTREME LONG term bias toward Eur/Usd will definately be down into the next major...
It's been a quiet year, not for lack of attention, but either nothing material has changed, or the information hasn't been indicative. Short term - going down. Medium term - range bound. Long term - $13,000 will be the new floor. $13,000 USD has turned out to be a key level. It's a 1/3 FIb retracement off the ATH, and the current Fib. retracements off of $13K...
Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Sideways waving market right now. 4 HOUR Bearish market found its resistance on his pullback great short entrys for sure. DAILY Very bearish market found a small pullback and a resistance holding it...
Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Strong bullish price action and pressure. 4 HOUR Amazing bullish wave above previous highs and resistance. DAILY Sideways waving market about to find resistance and break back to the downside. OVERALL...
DACAPITALTRADING V2.0: Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis for Forex and Crypto-Currency Markets every day! - 1 HOUR Very bearish price action on friday with a strong negative closure for last week. 4 HOUR Pullback after forming a med-timeframe Double top with a strong reaction. DAILY Bearish waving...
If Dollar Index Weakens XXX/USD goes up. If Dollar Index Strengthens XXX/USD does down. Looking at DXY I can see a Reversal Pattern form inside the box with a Pin Bar, Doji and what looks to be a Bearish Engulfing Candle. However, the market is uptrending & this could easily be a retest on 98.00 for a continuation upwards to fulfill the -0.27% extension. Plan...
Following Multiple requests from the community to Publish most popular trading strategies along with their backtest results. I have a listed down some popular strategies from the web and we would be posting regarding the methodology and related parameters used. This is not financial advice and we won't suggest you invest in any strategies without doing your own...
Recently we posted our Cable analysis The weekly chart clearly shows a better picture Fib levels on the channel are correlating and can be useful though many traders dought using a FIB in this way , it can be helpful as you can see levels here are holding Use the FIB extension for further targets and pivots
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil SOURCE : www.marketwatch.com
Using an updated chart of earlier posted opportunity around AUDUSD (AU) I like to highlight and illustrate the exceptional speculation that has been going on since mid April onwards. The first and many incidence of the same speculation has often seen coming in very sudden which indicates a single source instead of graduate forming of buying/selling pressure you...
FX_IDC:PKRUSD Chart shows that the relationship between FX_IDC:PKRUSD have gone stronger. PKR has declined massively in past 12 months as per our analysis covering the Tenure of March 2018 to 2019 the period of May to July has shown massive Decline. Perhaps Bailout packages and friendly aid can might help the graph go upwards to a few bars, However the...
Hi all and welcome to our Sunday Setups a new technical analysis piece where we are looking to showcase our work and highlight our 20 years of professional trading experience at the worlds best Investment Banks. Our aim is to keep analysis simple so that anyone can follow and learn from our work and hopefully our past performance highlights why we are...
This is what I see. I see it as pretty self-explanatory. Some of my other charts are experiments with tools i am using, reason that i post as an educational piece as i am still learning myself.
Technical Analysis: -Micro downtrend broken and is now being retested on the backside -Longer term uptrend has a 3rd touch and aggressive bullish candle from the two trend lines -Support & Resistance in the purple zone -Correlation with bullish AUD *Did not look at trading plan before executing this trade* *Similar to the AUDJPY call but this was a little...
Hi all and welcome to our Sunday Setups a new technical analysis piece where we are looking to showcase our work and highlight our 20 years of professional trading experience at the worlds best Investment Banks. Our aim is to keep analysis simple so that anyone can follow and learn from our work and hopefully our past performance highlights why we are...
Technical Analysis: -4h has reversed twice off of the Monthly resistance we have -4h candle has also closed below our trend line -On the 1h you can see how nicely price broke through the trend line, it technically already retested it and dropped so we may not see it happen again. -Purple zone is in confluence with fib levels and where we had price drop on the...
I have recently had a lot of success trading the weekend market gaps forming on a few major FX currency pairs so I thought I would show you another example and explain it in more detail. Market gaps most commonly occur when price moves quicker than the market or, in the case of weekends, when the market is closed. Things happen in the market over the weekend so...