This might be an higher low in the forming. The pair has ranged sideways throughout 2017 so far. With slightly higher lows developing. Target R:R 1:3 around 115.
Buy limit order at 45.50. Stop at or below 43.00. Target 1) 52.00. A more conservative approach is to wait for a new higher low to be formed above the 44 level. Expecting a new higher high to be formed into the 50`area.
I am expecting Oil to resume the bullish trend from the current area.
I am expecting markets to enter into risk-on mode after FED`s tomorrow. The price of gold, as a safe haven and risk-off asset will suffer from this. The 1300 - 1320 area is sell area for gold. Expecting gold to test the 1240 level again. The short trade is valid untill we reach December and the next FED meeting.
This is probably the sell NZD case with the highest potential. A buy from the 1.68 level could be rewarded with around 1000 pips if the case is correct. Still the main risk is coming from news releases from UK and EU regarding the Brexit process. Also the future of Carney with BoE if negative, could have negative impact on the suggestioned case. Shorting the...
In general I have a very bearish outlook for NZD. Key numbers due to be released the coming week, the week after involves the rate decison and general outlook from the CB. Expectation of a rate cut. Technical analysis is the primary signaller of the bearish direction ahead. Already a trading idea/case for shorting NZDCAD has been published. This post shows the...
Possible sell area from 0.9670 - 0.9770. Bearish divergence. Expecting WTI oil to turn north at 45.50 -47.00 area. Expecting price to decline to atleast 0.9300 level.
0.7650 - 0.7730 is possible selling area. In general bearish outlook on AUD. CPI and PPI numbers due this week. Lots of important news from Australia and China to come next week. They can act as triggers for price movement against the AUD.
Bearish outlook on the pair. 80 - 81.5 is possible selling area.
This trading idea is in accordance with the bearish Nikkei225 trading idea. Bearish Nikkei225 has a high positive correlation with USDJPY. Sell limit order placed at 105. Stops 150 pips above.
Retest of the 17350 level and the area up to the 17600 level is possible sell area for the asset. I am expecting Nikkei225 to turn bearish form this area.
Buy limit at 1.4160. Risk of price not falling this low and the bullish movement to start without order triggered.
The pair saw highest price since March this ended week. The pair is in a bullish trend started in May. The pair also has a pattern of retracing after printing higher highs. I am expecting the pair to correct bearish from the area of 1.3350 - 1.3580. Probably a sound decision to start scaling into position from current price at around 1.3337. Stops set above 1.36...
Sell the pair from the 1.0160 - 1.0320 area. Stops above the latter. Expecting CAD strength ahead. Possible target 0.99 - 97.60 area.
Solely based on technical analysis, buy recommendation on EURUSD. Price is currently at the lower limit of its expected movement range (green lines). Upwards movement from this area could expected. The pair is in a bearish trend since the 18th of August. Still buying at these levels could be attractive. Possible targets could be 1.1050- 1.1110 area and...