Morning traders. As the US session failed to break the lower low, but managed to break the lower high, are we going to see upside to the yellow box at least? I believe so... Tip: follow what the hegemony session is doing to do get a better idea of the where the market is heading that day. As always, keep the risk managed! Cheers :D
Good morning traders As im in a bit of hurry I cannot give you the reasons why im looking at short for gold. But here is the technical analysis. Enjoy and as always keep the risk managed. Cheers :D
Good afternoon traders I wish i could of uploaded this as soon as the us session closed but i didnt get the chance.. Purple box : US SESSION Anyway, the us session did not break above the days high which made me think the usdjpy would stall, which what i predicted was correct. Im expecting more down side to come in the US session once a possible retest of the...
USDNOK potential bearish. Price making double TOP. Next target 1 / Target 2 #silverpips
The Reserve Bank of New Zealand will likely give the Kiwi a boost of volatility in the upcoming Asia session with its latest statement on monetary policy. Expectations are for no change this month as recent economic data has been net positive, and as they wait to see the full extent of damage the COVID-19 is set to do to the world economy. The scenario to watch...
Morning traders Big bearish impulse from the us session on the usdchf. Looking for next target, which would be the same size of the impulse or greater. As always keep the risk managed! Cheers :D
Bullish vibe incoming!? This is no pure investment advice but to be honest, seeing the drop in dxy and the way how market risk sentiment have changed after ny entering this plan seems lucrative.
U.K.’s first GDP reading, which is expected at 0.0% after a 0.4% reading in Q3 2019. If weak expectations then we could see GBP/USD drop below its 1.2875 weekly lows (weekly pivot s1 level) and maybe even make a run for the lower s2 or beyond. This is still possible given Cable’s daily ATR and its move so far today. If today’s data dump allows the BOE to avoid...
This pair seems to have broken past the neckline of its double bottom pattern, signaling that a reversal from the downtrend is underway for the long time horizon.
Good afternoon traders Happy monday! As you can see we have a strong rejection off the 38% level of the fib retracement. From what i can see, i am expecting another move thats greater or the same amount as the previous impulse. As always, keep the risk managed! Cheers :D
China to allow in U.S. health experts as the virus shows no sign of slowing. Coronavirus confirmed cases at 20,438; fatalities at 426. RBA kept interest rates on hold at 0.75% as expected. RBA: Signs that global growth slowdown is coming to an end, bushfires, and coronavirus to pose short-term threats only.
After managing to retrace most of Friday's rally we are going to open up the Weekly flows for EURUSD; EUR saw notable month end demand as smart money understands the shift behind the curtain at the ECB. The highs in this are going to be capped at the 1.12 handle with main targets 1.125x and anything beyond this would have to come from the USD side at this point....
Happy monday traders! The audusd has alot more bearish movement to come, the only trades that should be taken are shorts. I will be personally jumping in to the smaller time frames to pick up the best prices possible to short! As always, keep the risk managed! Cheers
Sup Traders We had a nice move from the gbpusd over night, we are expecting the same movement in pips today! Remember to keep the risk managed! Cheers :D
Sup metal heads We got some more buying opportunites at some demand zones. They are highlighted in the green boxes. Remember to keep the risk managed! Cheers :D
Traders are in big-time risk aversion mode as more bad news on the Coronavirus outbreak continues to hit the wires. Most notable that seems to have traders running to safe havens. Safe havens like the Greenback have already benefited in the session, while risk currencies like the Aussie (and the major currency most likely affected by this outbreak given...
Good morning traders! As you can see gold gapped over the weekend, we expecting the gap to fill so it can make way for its next run to the previous highs. I wouldnt be surprised to see the gap close by the end of the london session to make way for the us session to push it up higher again. As always, keep the risk managed. Cheers :D
Today we have the first ECB of 2020. Price at confirmed support and near trend line. Dovish outlook from Lagarde would trigger short trade on the break of support and trend line. Alternatively any hawkishness would make a bounce from here, though it is less probable. Good Luck!