The USDJPY has been on a robust bullish momentum since the beginning of the year and despite the breakdown of the trend structure; the extremely positive jobs numbers from the NFP make it more likely the trend isn't over yet. In this video, I have exp [lained what my expectations are this week. Risk Disclaimer: Margin trading in the foreign exchange market...
The recovery of the Euro in the last couple of weeks doesn't seem to be strong enough to break through the supply zone around 1.02500; hereby giving the impression of strength for the Dollar. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The...
The GBP/JPY pair displayed selling pressure during the later part of last week's trading session to retest the temporary bullish trendline in the 4H timeframe. Is the price going to respect or break down the bullish trendline this week? Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk...
Is this a Gold bubble on the back of the US recession hint? Following a consolidation phase around the $1,710 zone at the beginning of last week's trading session; Gold gathered bullish momentum and climbed to its highest level since the beginning of the month. In this video, I explained how intend to take advantage of any trading opportunity that comes up during...
With a breakout/retest of the major bearish trendline on the daily time frame, I am of the opinion that the Kiwi night gain momentum in the new week. In this video, I have explained how I intend to take advantage of a potential opportunity. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high...
In the last couple of days, we have witnessed how price have been oscillating right around the major bearish trendline identified on the daily time as participants remain sceptical of taking a decision. In this video, I was able to illustrate how we can plan ahead of the new week to take advantage of any potential momentum building up. Risk Disclaimer: Margin...
As the US yields slide, the Euro appears to be insinuating a bullish drive as there the Greenback stalled in growth during last week's trading session. In this video, I have illustrated my trading plan for the EURUSD against the new week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high...
As all eyes remain fixed on the upcoming FOMC; The anticipated disruption to the euro-zone economy from energy supply constraints appears to put the Euro remains under downward pressure. However, from a technical perspective, I still see the possibility of a short-term uptrend coming up in the coming week. This video explains how I plan to take advantage of a...
The decline of the Greenback accelerated following the release of US economic data and bottomed at 136 to test the bullish trendline identified on the daily time frame hereby reaching its lowest level in two weeks. Now, the question is: Is price action going to respect or breakthrough the bullish trendline during the new week? In this video, I have explained how...
It has been a long bearish drive for the Pound sterling and the long-awaited US dollar correction appears imminent as we head into the new week. In this video, I explained how I intend to take advantage of either bullish or bearish momentum this week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.)...
The Gold appears to be recovering from a month low of $1,680 to reclaim the $1,720 area which is my key level for the week on the dismal US PMI to set the tone for a shorter bullish bias. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The...
Despite its continued rampage in the currency markets, reaching quarter-century highs against the Yen, I am of the opinion that we might be witnessing a temporary retracement in the coming week in anticipation of a trend continuation in the nearest future. This video explains how I intend to take advantage of this opportunity. Risk Disclaimer: Margin trading in...
A rebound for the GBPUSD appears to be in the offing as the bearish expansion reduces during last week's trading session. This video sheds more light on the possibility of a possible bullish momentum evolving despite the long-term bearish drive. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a...
Unlike the US economy, this week is packed with economic data that has the potential of driving the momentum of the Euro. From a technical perspective, I have identified simple structures on the 4H timeframe that will be of major assistance in helping us prepare ourselves for trading opportunities lining up for us this week. Risk Disclaimer: Margin trading in the...
After testing its lowest point in the last two weeks as bears appear to be expressing their strength on the back of possible EU inflation data. From a technical perspective, the last couple of weeks have been a challenge for the bulls, price has been unable to break above 144.300 hereby creating a scenario that looks like a reversal setup in the form of a double...
With a long-term bearish momentum identified on the higher time frame, there is a possibility that we might be having a short-term bullish momentum during the week. So, in this video, I explained how to take advantage of whatever bias that arises. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a...
The British pound struggled to float above the 1.20000 area before the end of last week's trading session to keep the hopes of a reversal pattern hanging. In this video, I explained in detail how to take advantage of either possibility during the new week with updates coming up in the early hours of the new trading week...See you soon! Risk Disclaimer: Margin...
With my key level at 143.000 area, I have a strong feeling that the tendency for a bullish continuation is going to happen as long as we do not have a breakdown/retest of the bearish trendline identified on the 1H time frame. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not...