DariusAnucauskas

DariusAnucauskas

Is this really going to form what I think it's going to form? Right... In that case, let's try and position ourselves appropriately. You can try and enter a SHORT position, if it breaks the SMA inside the Bollinger Band and try to aim for the 2016 May high. If you manage to get in profit, then straight away set your STOP just before your entry price. This way...

DariusAnucauskas

I think this needs a nice drop, before heading into the Christmas rally. This recent bounce by the GBPUSD, is certainly not helping the FTSE 100. Now, I strongly recommend to watch the Pound/US Dollar pair, because it will definitely show the direction for this UK index. Currently aiming for it to touch the trend line and then, if we're lucky, the break of it....

DariusAnucauskas Updated 

We had a really ridiculous day yesterday on the GBPUSD. It is balancing right now around the key 1.32680 . It did close above that yesterday, so there is more potential to the upside and we are building this flag shaped formation. In this scenario, normally, we should expect a move to the upside, but I would recommend to stay sharp because of the 1.32680 level....

DariusAnucauskas

The recent tensions between US and Turkey have wiped out a huge chunk of US Dollar gains against the the Turkish Lira. The US have suspended visa applications for travelling to the US for Turkish nationals. It seems that this is seen as a negative for US Dollar against the Lira. Unless that steep trend line will be a good support level for a move higher. But...

DariusAnucauskas

I think the 1.32680 level could be key here. I would like to see that level re-tested and then a move lower towards the 200 MA. But if we will get a close above 1.32680, then we will have to re-assess the situation again. For now I am Long till 1.32680. Keep an eye on the price action!

DariusAnucauskas

So... Gold... There isn't a lot of people, who wouldn't want to own some physical gold, like jewelry, coins and etc. Gold has always been seen as a safe haven, when the times are bad. But, recently, Cryptos joined that "safe haven" team as well. We'll see how that works out in the future. 1295 - that's what you need to keep in your head if trading Gold at this...

DariusAnucauskas

This is a great pair to trade. If you managed to "guess" the direction, then it provides you with an awesome ride either up or down. At the moment, it looks like it would need to recover for a bit and bounce to the upside. Maybe so... But looking at the price action, I believe that there is still some potential to the downside. I think I will be able to...

DariusAnucauskas

Maybe it's not a huge signal, but the pair is balancing now below the curved trend line. We saw that awesome reversal on Friday, after the NFP data has been digested by the market. Initially, when the pair started skyrocketing, it seemed, that the new direction has been decided and we are off to new highs. But all those buyers got taken out later on with that...

DariusAnucauskas

Remember my previous outlook that I did on it on Monday? So... Still waiting for that SELL moment. Or at least I am hoping for it. There are many views out there at the moment on this pair and everyone, to be honest, analyses it differently. This is my interpretation. On my charting, it has broken and closed below the 1st trend line. Now what I am hoping for...

DariusAnucauskas

Apologies for the crappy colours in the background, but it's just my Fibonacci levels. Not much to say here. Flagging out. Ready for a pop! Stay sharp and keep an eye on the price action!

DariusAnucauskas

If your broker allows you to trade this - do it! The only thing, different brokers have different rules. The only problem is the SWAP (holding costs). Sometimes, brokers can make it very unattractive to keep this one overnight. But if you did your math and calculated the level, at which you think you can cover all the costs and make a nice profit, then go for...

DariusAnucauskas Updated 

I will make a shout on this and say, SELL. Certainly, it's better not to rush on this one, because it depends how will that little trend line will hold. I would to see a break to the downside. Not because of the weaker Pound but because of the stronger CAD. If it closes below the trend, then guess what? SHORT... This chart is at an interesting level right now,...

DariusAnucauskas

Long story short, again, watch the first trend line. We are getting closer to it. Will it be a good support for a rebound or will just pierce through it? We will have to observe the pair when it get's there. For now, you can try to make a few SHORTs on any pullback up on the Hourly chart. The fact that it will touch the trend line, I think its true. The question...

DariusAnucauskas Updated 

I think that the Yen will have a bit of strengthening before it will weaken again. Yesterday I have done a technical analysis on the long-term view of USDJPY. Now, I understand that it's not the same as NZDJPY, but looking at the chart right now, I believe that there is still some potential to the upside. It seems that it is forming a typical textbook Elliott...

DariusAnucauskas Updated 

This is going to be a very quick idea. If the level of 1.17214 will not hold, then it will go lower. The target is around 1.16160 . As always, be careful and keep an eye on the price action!

DariusAnucauskas Updated 

We are seeing a lot of weakness lately in the Euro. I think this pair is looking for some good retracement. Also, the Yen is planning weaken later on as well. So the Yen will probably strengthen a bit in the next few days, in order the become a bit more attractive for the sellers. So this is why, I think we could see some SELLing in this pair. For now, of course....

DariusAnucauskas

Very interesting formation here on the 240 min chart. Again, as I mentioned before in my previous posts, I am a believer for now in the strengthening of the Yen. Sure, I might be wrong and maybe I'm not seeing something. The reason is that I think the Yes might sell-off at a later stage, so the Bears are building up a good entry ground for them selves. This is a...

DariusAnucauskas

DAX really wants to try out that "lucky" 13. Well, it's not far... In fact, I believe that this week we might see the previous high (12951.5) re-tested. At the moment, I think it could be a strong and quick shoot through that high and hitting 13000. Maybe, Mr Mario could help us out tomorrow? Who knows... I will say, stay sharp and get ready, if you like to...