DXY H4 - Siting on that S/R region now, really want to see rejections from current price of 92.57, this would compliment our GBPUSD/cable long setup really nicely, we do feel any dollar strength at the moment should be short lived and more so deemed as relief rallies and opportunity to sell the rallies.
#DCBBANK has reached its long-long time support cushion. Expect a quick pickup from here. RSI in over sold zone. This is not passive investment. Active Investment. As moving averages are far. Risky But Expect a great return of 30%. Charts show a bullish hammer. Trend reversal expected. Stop Loss will be at 53 as the stock follows the sector, and sector indices are...
USDWTI H4 - Looking for a break above the previous high (white line indicated), fresh highs would then be set and resistance would have been broken, failing this, as mentioned in the technical rundown video, we may see a correction back down to the recently broken resistance for more of a major retest rather than yesterdays wick retest.
EURJPY H4 - Strong rally to break this S/R zone marked in red, still over an hour to go until we see a close. But a retest of the counter trendline support/local support would be a good intersection point to try and catch a bid.
CADJPY H4 - Finally broken the neckline resistance we were following last week, solid break of 80.300, now looking for a retest of this region to jump in with a long position
CADJPY H4 - Been a bit of a slow pair this week. Failed to break much above 80.300 this week, this being the key price (neckline) to break. 80.000 keeps holding as support which is good, so be interesting to see if CAD retail sales spurs on CADJPY upside... Data up in 20 minutes!
AUDJPY D1 - Video Analysis coming through on this one in a second, but could be something we look to swing next week.
GBPAUD H4 - Still trading between the S/R range, approaching resistance at the moment, may want to look for reversals to then trade back down to support. 30 minutes until H4 close. Selling from resistance was calculated at just under 1:3 yesterday, ultimately depends on entries etc.
GBPAUD H4 - Couple of downside support break attempts, but eventually all closed within our support region, trading above 1.82 at the moment, seen an initial bounce, BXY was covered in the video rundown, lots of resistance and previous highs in sight, so will take some sort of catalyst to give GBP the push to break those tops.
AUDCAD H4 - Haven't yet seen a retest of our 'zone' but I'll keep an eye on, and watch the resistance zone incase we do pullback a little for a full retest before seeing CAD strength again.
In dollar terms, the Turkish Banking Index is in a long-term squeeze. With the new works that started to arrive, albeit late, after the Lira's compression, we can see that the index can throw itself back to the upper band at the end of 2020 and at the beginning of 2021. The estimated return on a rise up to horizontal resistance will also be over 200%... ...
DXY H4 - As annotated, ideally want to see rejections before that previous high at around 93.80, this should compliment some of the structure we are watching, UJ, GU etc.
USDJPY H4 - Nice Double top in sight, rejections of 106.300 would be ideal, two heavy monthly key levels and a week, local H4 resistance, should see a reaction at 106.300 price for hopefully this bearish USD downside continuation after a recent relief rally.
NZDCAD H4 - 0.88 would be a nice zone to find support and a double bottom bounce, key psychological number, big S/R zone, second test would be for the second leg double bottom. Nice tight stops too, so very lucrative RR setup.
GBPUSD H4 - Nice strong GBP rally for the last few weeks, performed excellently, saw a bit of exhaustion towards the latter part of last week as we failed to set highs, that being said, we haven't set new lows, so we are technically range bound until we see a breakout. Generally would like to catch an opportunity to buy from support and hopefully break new highs...
Trying to simplify the $XRP chart, but if you cannot see the Square, meaning the probabilities are all in favor of #XRP its possible to reach the $250-$320USD this is the most realistic aproach of dynamic momentum for the chart as a whole, the red line is the existent support.
DXY H4 - Another week of USD weakness. Clear downtrend seen here on dollar index, other pairs such as USDJPY, USDCHF following very similar suit.