Hey tradomaniacs, technically a great chance to go long in EUR/USD after thgis aweful volatile day. Good support and likely to hold due to falling yields (Non-Sense-Correltation) aswell as absoprtion at the support-zone in market-depth. Gonan take a long with aggr. management as volatility is very risky today. What do you think?
Hey tradomaniacs, technically a good spot to go long as we are hitting a trendline and key-support-zone. Orderflow looks pretty bullish with absoprtion and aggressive buying! What do you think?
Hey tradomaniacs, EUR/USD is now retesting a strong resistance-zone after the breakout and could continue to move down. Obviously NFPs will be more important than any technical level, but news could support this breakout with positive NFPs as it would put Powell less under pressure to slow down with his current rate-hikes. What do you think and what will u do?
Hey tradomaniacs, after breakout we`ve seen a retest. Price forming support delivering a good chance to buy. What do you think?
Hey tradomanics, EUR/USD us currently testing a strong support-zone and could move up from here on. As I expect a choppy week since the market has no idea what to do with the recent data and news from the ECB, we could see at least a correction here to the upside. Market-Depth and orderflow showing absorption and aggressive buying! What do you think?
Hey tradomaniacs, NZD/USD has created a double-top at the key-resistance-zone with the break and retest of the previous trendline. Could be a good opportunity to short even though fundamentals are very mixxed as the market has no idea how to react to the todays ECB-Statement. Strong Rate-Hikes combined with a bad outlook for the next quarter and year is...
Hey tradomaniacs, SPX500 is testing a very strong resistance-zone which is crucial for the next moves. We either get a market that prices in less rate-hikes by the FED as the inflation settles down while economy suffers (So market expects FED to support economy as inflation settles down), or we get to see a market that prices in more rate-hikes due to higher...
Hey tradomaniacs, looks like we had a fakeout on AUD/USD and so a nice chance to short it if confirmed. We usually wait for a re-test and rejection to be safe, but if u want to trade aggressively u can also early-enter with a potential re-test. However, recent news were mixed so market is very wild and risky to trade. What do you think?
Hey tradomaniacs, technially we se a nice chance to trade a breakout with NZD/USD as price is falling with indices today. H1 Chart shwoing fakeout and now we get a break of the previous trendline which could accelerate momentum. What do you think?
Hey tradomaniacs, well... market is crazy so be cautious with all trades as market doesnt really know what to price in. So far the previous CPI data were first shocking but voerall showing the we could have seen the peek which is good for stocks & Co. Nontheless there is still much to look at so I dont expect clear risk-on or risk-off the next weeks....
Hey tradomaniacs, USD/CAD is re-testing a strong support-zone showing that buyers (sellers in Futures CAD/USD) are imcoming to support the trend. Technically we have a great chance here to follow the trend with a tighter stop-loss. Overall risky to trade ahead the CPI-Data as inflation is the only thing the market cares about in order to predict rate-hikes by...
Hey tradomaniacs, EUR/USD has shown a fakeout to the upside with a fast reversal showing sellers are trying to fool buyers in here. Previous news were hawkish but so far we see a risk-off-tone in the stockmarket which is likely to keep EUR under pressure. However, lots of sellers coming in at this spot and orderflow is currently pretty bearish! Please...
Hez tradomaniacs, looks like we had a recent fakeout and so a potential to the upside ahead the NFPs. Notice that all trades are very risky due to the upcoming news.. so rather stay out if u dont like it. Market/Depth shows a sign of reversal! What do you think?
Hey tradomaniacs, looks like we are getting mire risk-off in the market that could pump the USD. Currently tricky as there is manipulation by the ECB very obvious to push the EUR... however we could see a breakout here and so a littel fall of the EURO ahead the NFPs. Waiting for support to break but market-depth looks bearish for now! What do you think?
Hey tradomaniacs, DXY (US-DOLLAR-INDEX) is currently re-testing the primary trendline aswell as support-zone. Question is will it hold or not? I can tell you it is tricky due to the new expectations the market prices in in uncertain times. What do we need for a bullish US-Dollar? 1. Risk-Off in stocks 2. Rising Yields / Falling Bonds Fundamentals: So...
Hey tradomaniacs, looks like previous breakout could boost AUD/USD in short-term as risk-on continues in stocks. The rate-hike tonight has shown that CBs are getting concerned about a slowdown in the economy. We had more Risk-On due to worse ISM causing market to hope in less strong rate-hikes by FED. BAD NEWS are teh good news! Setup not confirmed yet so...
Hey tradomaniacs, technically we have tested a good spot to sell. This week is NFP week and we get the ISM-Index in a few minutes, so be cautious with fake-moves toiday / during the week. Orderflow has not shown any confirmation yet, just a strong increase in volume and an instant sell-off with the US-Opening. Still waiting for a trigger! What do you think?
Hey tradomaniacs, EUR/USD just tested a strong resistance-zone where price could reject from in order to follow the trend. If risk-off continues it is more likely to see a stronger USD-Dollar and so a suffering EURO. Only 10% Inflation could push EURO as rate-hikes are getting more likely.. ;-D What do you think?