AndreaZaff

AndreaZaff

Bullish trend line has been broken and the divergence has been confirmed, so there could be a downward correction. Cheers, Andrea

AndreaZaff

Bearish trend line has been broken and the divergence has been confirmed, so there could be an upward correction. Cheers, Andrea

AndreaZaff

Fiber is the most traded pair in the world, and as no one is waiting for FOMC decisions and interest rates. I expect a LONG setup to be created but I have to wait for confirmation. If the price returned above the medium-term trend line it would be a good point to think of an entrance. Stay Tuned! Cheers, Andrea

AndreaZaff

I did not highlight important levels below the medium-term bearish trend line. Britain's political tensions make it almost impossible to make a forecast of where the Cable could go. For the moment I remain flat on this asset and I'm looking forward to any developments. Cheers, Andrea

AndreaZaff

As expected, the price reacted on the medium-term trend line, starting a bearish phase. I currently expect the start of a lateral phase for AUDUSD waiting for the FOMC. We will see how the price behaves today and tomorrow to make a forecast before the data is published. Stay Tuned! Cheers, Andrea

AndreaZaff

The market is waiting for the FOMC press conference and the Fed's refinancing rate. The sentiment is a rate cut of 0.25 basis points. Before entering the market I await confirmation of the bearish setup. Stay Tuned! Cheers, Andrea

AndreaZaff

Waiting for Downward setup. I think Up trend will continue up to 109.2 Stay Tuned! Cheers, Andrea

AndreaZaff Updated 

USDCAD has broken the bearish trendline to the upside. The bullish divergence has been confirmed. At the macroeconomic level, this currency pair is also waiting for the results of the NFPs also because they will come out together with the Canadian labor market. Employment Change is expected do fall and Unemployment Rate is expected to rise. This could lead USD...

AndreaZaff Updated 

As I had already anticipated, AUDUSD remained close to the 0.70 level. According to my analysis, the downward trend started (the trendline was broken and the divergence confirmed). The analysis of macroeconomics data by the central bank brought the price to make a retracement up to the key level of 0.70. Now I think it will restart the bearish trend. Stop above...

AndreaZaff Updated 

GBPUSD also started a bearish phase (unfortunately I closed the trade too soon). There could be two different scenarios: - In the first case the price, that has already rebounded on the support, goes to break the bearish trendline, confirms the bullish divergence and could go up to reach the target of 1.2723. - In the second case the price could go down to reach...

AndreaZaff Updated 

As I had expected, USDJPY started a bullish phase (unfortunately I closed the trade too soon). At the moment I see no downward correction on the horizon. The price could perhaps go to close the gap up to 107.8 and then go up again or we could see the graph projected directly on the level of 109. In any case I remain with a bullish vision but before entering I...

AndreaZaff Updated 

EURUSD has come out of the congestion phase and has broken support by starting a downward trend. The trend line up to this point has been perfectly respected so I think the downward trend can continue up to the 1.1255 and 1.1220 targets. A break of the bearish trendline could be a sign of weakness, but I do not think an immediate bullish movement will...

AndreaZaff

USDJPY has made a perfect retracement, I think next week it will pullback and then go back up. Meanwhile, I closed the LONG position I had opened with +60 pips. On Monday I will consider whether to open a trade again. Cheers and Have a Nice Weekend! Andrea

AndreaZaff

Really happy that my levels are so precise! :) GBPUSD, like EU, is in a congestion phase. No trades planned at the moment, I will publish a post next week as soon as price will broke a key level. Cheers and Have a Nice Weekend! Andrea

AndreaZaff

The meeting of the Australian central bank will take place on 2 July. Macroeconomics data will be analyzed to see results referred to the past month with the main refinancing rate at 1.25%. The price remains close to the 0.70 level, so next week I will publish a new setup. Cheers and Have a Nice Weekend! Andrea

AndreaZaff

USDCAD looks like it is breaking the bearish trend line, but I never open trades on Friday. I hate overweeks, especially if I don't have a clear vision. However, if the break is confirmed next week, the bullish divergence will also be confirmed and USDCAD could make a retracement of over 200 pips. Let's see what happens! Cheers and Have a Nice Weekend! Andrea

AndreaZaff

EURUSD is in a congestion phase. No trades planned at the moment, I will publish a post next week as soon as price will broke a key level. Cheers and Have a Nice Weekend! Andrea

AndreaZaff Updated 

AUDUSD is near a Key Level, Monthly Resistance at 0.69977. Risk Trade --> Entry Now I will wait for the price to break the bullish trend line and confirm the divergence, so only at that moment there could be a downward correction. Cheers, Andrea