14th Aug 2018 FUNDAMENTAL ANALYSIS The analysis that follows in my discussion is quite deep, be prepared for some solid insight into the market for commodities, global economic analysis and the current situation of this 'trade war'. As such, I will endeavour to succinctly tie up fundamental and technical analysis to provide you with a good understanding of the...
JPY made a strong start yesterday night moving all related pairs, and the Euro is not the exception. Price will most likely continue to drop to the 4h 50% Fib line @ about 129.62 (you can probably have a short entry on 30 min chart at the resistance between 130.10 and 130.00 with TP @ about 129.65 ) Once it reaches this level, the 4h 50% retracement might be...
Friday has brought a myriad of challenges to currency players. Trade war hysteria has boiled over, with the USD fading against the majors. It appears that selling the Greenback is the play across the early U.S. forex session. The 1.3134-40 area has set up as value in the USD/CAD for the last two days. If this market tests it once again, a nice position to the...
BNF: Last week , Played out all 3 scenarios that we laid out, a test near 26150, consolidation and 26300 levels and a upward test for 26800 levels. BNF continues to trade within the trading range formed on the 1st week of June. Testing the 78.2 % retracement, from there an upward push up to 27000, 27350 zones is a possibility. On the downside 26480-580 will...
You can see strong side way price action after trend up... There was a volume accumulation area from which strong buying activity started. For that reason I think that the volumes accumulated in this area were volumes of strong buyers. I waited for pullback to this area. I think EURUSD is ready for correction higher. Because this is the strongest Volume...
Zcash/USD (Zcash) setting up for short-term cycle low with the medium-term cycle up. 2018-0510, 6:50 p.m. EST. By Michael Mansfield With current structure, the proportions would fit best to see one more low to complete big Wave B, or Wave 2 of 5 low, at between $254.00 to $249.00 area. It is possible the low is in, but I think not yet. However, if $266-$265 is...
The red boxes on the chart represent the Asian session as I came to notice that during the LSE session the pair would either come to the 50% of the TSE range, or all the way down retesting/breaking the low of the TSE range. Of course the opposite could apply, retesting/breaking the high in case of a downtrend. Details are laid out on the chart. For risk and...
You can buy on this support or wait for breaktrought red trendline and then open buy trade.
eurgbp is on Volume POC from accumulative and breaktrought short trendline and we pullback this VPOC... EURGBP creating high lows , I expect long now or reflection from second support 0.8800
I prepared short if breaktrought 1.8090 . TP is 1.7940 with small SL . On this price is strong volume and we can opened intraday long with small SL and TP... GBPCAD
EURUSD short on VPOC with sl and tp. Possible continue move downtrend after hit TP
I set it up short limit on Audjpy . This level is very powerfull with Price action and Market Profile VPOC from down move. Watch this pairt with me and I will tell you when set up SL and TP
Euraud is on the very powerfull support now. I expect small corection with SL an TP .
EURUSD is under Rezistance 1.2400 and if will not come breaktrought this price we stay downtrend. IF breaktrought the price rezistance to be converted on support. Very powerfull support is on the price 1.1800 but before that will tested price 1.2050
EURCAD is on VPOC power rezistance and i expect corection now. If breaktrought this level we can continue uptrend.
I set it up short limit 148.97 because on the price is strong level VPOC and then it happened a sharp drop . Now GBPJPY coming testing this VPOC
Eurjpy dropped yesterday and asian session has returned up test VPOC . I expect go down. Check this pair with me