Hi everybody ! USD has been the strongest currency since the end of 2014 summer. Does the speculation on the dollar is ending ? We are close to know it. After FOMC Yellen speech saying that FED won't be impatient to raise rates until economy recovered well could left the dollar uptrend out of breath. Moreover the stock market pressure could push Yellen in...
EFX has been in a pretty good trend since 2012. There have been a few pullbacks which would have been too deep to wait out. But more recently it looks like price has begun to trend again quite nicely. As yet we are not seeing a good linear trend. After the fake breakout below the 200sma on the daily chart (October 2014), however, the daily 50sma has provided good...
Dear workmates ! Last week, we saw a nice correction of the strong dollar uptrend. This correction may be over for now. USD will probably trend up this week particularly against Yen. DXY 1D Timeframe View : We have a strong MACD divergence on 1D timeframe of DXY giving a nice long signal on US Dollar. A falling wedge is forming indicating a nice long term...
Hi everybody ! Today I propose you a nice buying opportunity on Crude Oil. The last Dollar downtrend didn't affect oil market. I think there is here a nice divergence to take. The price of oil could lead up soon. On the technical view, we can see a nice consolidation of the spring strong uptrend and we are close to have a MACD buying signal. Moreover the 26-MA...
Hi everybody ! It has been a while since I didn't post any idea on TradingView. I come back today with this nice buying opportunity you have on CHFJPY pair. On january 15th, the Swiss National Bank (SNB) decided to abandon its fixed exchange rate with euro. It created a strong mess on the market and lot of traders made big losses. Now that Swiss Franc is free of...
This is a WEEKLY chart of FB. You may need to look at the daily chart to see some of the things I am talking about. If you are a bear, you probably pondered this question all weekend. Last week was not such a great week for Facebook. And Friday was not a good day for Facebook. You had to be wondering if there would be continuation to the downside as this week...
DAX IN A NICE UPTREND BUT WE'VE RECENTLY STALLED CAUSING THE DAX TO CONSOLIDATE FOR ABOUT A WEEK. WE'VE MANAGED TO BREAK OUT OF THIS CONSOLIDATION CAUSING THE TREND TO CONTINUE. PRICE IS NOW PULLING BACK TO A LEVEL WHERE THERE'S GOING TO BE BUYING INTEREST. TARGET AT 12500 WITH STOPS AT 11974
ENDP popped up on my breakout list today and I felt it was the best trending of the charts on offer. Unfortunately it is approaching the $100 figure mark and the trend doesn't look well enough established, just yet, to take a position before this possible resistance. The 2014 consolidation was very deep - price retraced almost back to the $50 mark after reaching...
PRICE HAS JUST MADE A HIGHER LOW WHICH LOOKS LIKE A GOOD OPPORTUNITY TO GET IN WITH THE UPTREND. THIS COULD BE A GOOD CHANCE TO GET IN BEFORE THE RBA STATEMENT ON TUESDAY. THEIR IS A VERY GOOD CHANCE THE RESERVE BANK OF AUSTRALIA (RBA) WILL CUT RATES WHICH WILL SIGNIFICANTLY WEAKEN THE AUSTRALIAN DOLLAR WHICH WILL CAUSE THIS PAIR TO APPRECIATE. THE REASON WHY IM...
Im expecting the price will follow the arrow i just drew. price tend to move slower at "Base" ("Base" from "Drop-Base-Drop" marked in blue box). However, after the price breaks the "Base" level, i'm expecting the price will move up to the red box. Price however can break this red box resulting more profit. Try using trailing stops when price has reached red box. Thankyou.
EURCAD UP-trendline touched. starts to rally previous resistance level. target is red box.
PRICE AT AN IMPORTANT KEY LEVEL AND JUST BOUNCED OFF THE RESISTANCE TURNED SUPPORT FORMING A DOUBLE BOTTOM. ALSO THIS KEY LEVEL IS IN CONFLUENCE WITH THE 0.5 FIB LEVEL. GBP AVERAGE HOURLY EARNINGS IS EXPECTED TO COME OUT BETTER AT 2.2% AND THE REASON WHY THIS IS IMPORTANT IS BECAUSE THE BOE (BANK OF ENGLAND) SAID THEY'LL BE MONITORING HOURLY EARNINGS DATA. IF...
AET has been trending well, since breaking the consolidation of late 2014, with multiple bull flags. While on the weekly chart there was a previous uptrend this stock would not have been of interest until it broke above the 2007 high of $60. Even then the trend was not linear enough for a longer-term trader. However, there were two deep pullbacks, in April and...
This is a WEEKLY chart of FTR. You are looking at about 7 years of history... FTR just recently bought some assets from Verizon. I would say the stock ran up on the purchase and now it is falling back to the uptrend line that started back in early 2014. Is FTR a good investment candidate at this point in time? Let's look at the best part of the chart first. ...
The uptrend on the daily is progressing nicely. Volatility is still relatively low, which is a great sign for a strong trend. This is shown by the ATR indicator which is the 10 period ATR versus the 200 period ATR. RSI is inching close to 70 which is likely to go above 70 for that final push we need to break above $305. The price has formed an ascending...
SWKS has been trending well for about a year. There was a deep pullback in October 2014, which would have stopped most longer-term trend traders out of the position, but the trend soon resumed its prior linearity. This stock could have first been traded when it broke the 2001 high, in April 2014 at around $40, as the uptrend was already well established. Then,...
It's Moon day :) We had several days of sideways accumulation after the final re-distribution. Today starts a new multi-day mark-up phase*, which enables targets of $315 and up to $350 until April 2015. I expect bears to get over-run by bulls in a short-squeeze in the coming days. I have annotated the chart (mouse-over to see the descriptions). Entry:...
This is a WEEKLY mystery chart of "XXXX" There are times when I am going through a list of charts and I am so focused on the candles that the company name doesn't even register until I consciously look for it.. Does this ever happen to you?? This is one of those charts. I have looked at this chart for several weeks now. Each time, if I have a very recent...