USDNZD: This is the first pair to show a clear bottom forming and with good prospects of a decent rally for dollar bulls..hate to chase things but this is an exception if you can handle the stop being left below today's lows...that way it's very unlikley to get hit in near term. This is a good trade by look of it ...check 1 minute chart and look to get long on...
USOIL: WTI Spot has pushed up through the old support line and is holding here...look for minor consolidation back to the trend line one more time and buy as it touches for rally to 54.90
- Dopo una fase di accumulazione la coppia GBPNZD sembra intenzionata ad andare in rialzo sul grafico Daily. - La forte candela rialzista del 18 aprile ha rotto una resistenza molto forte in area 1,8. - Si è creato quindi un triangolo rialzista (minimi crescenti toccati dalla linea diagonale rossa) - La base del triangolo, come ci insegna l'analisi tecnica (la...
FX:AUDCHF
FX:AUDCAD
FX:GBPCHF
has a hammer with a double pull back in the scholastic but the support and resistance have a small spread with the trend appearing horizontal. Might not be room for high profits but possible $1 or $2 per share in say week or 2 time.
price has broken trend line from the top, so I am expecting a short pullback candlestick @0.618 before rising up again, on the other hand the price retested previous resistance putting a nice bearish engulfing candlestick, so I am going with it ; )
Hey Guys, A s you can see the 10550 is a major resistance, Monthly and Weeily pivot here not to mention the descending trendline and the overbought state. I am looking for a pullback on monday and buy the new low around 10320-10260.
This was an analysis of the DXY I did previous to the whole price movement upwards. My analysis was projected 09/09/2016 at around 7am before the market started moving. This is just to show you that technical analysis is a strong and very reliable method to make profits within the financial markets. I projected the MinPO from the previous spike upwards and...
Hi Guys, A day back... in my previous post about Gold, I had a comment asking - why I'm not bullish on Gold ? We discussed few things based on that idea posted & mentioned if 1330's resistance taken out, I will be bullish. As expected 1330's resistance is gone and now its time for pullback to same zone before XAUUSD gets into bullish run. So during pullback if...
Short gold after pull back, but if it breaks the red critical level then this trade will be considered as invalid.
POTENTIAL TREND CONTINUATION ON AUDJPY Price is starting to get rejected @ the 84.2 area and also testing the 50 EMA.. If price holds there could be a move to the downside.. Waiting on daily candle to close to see what will happen.. Right now I'm on the side lines just watching for now! :)