GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
OILEX LD ORD NPV, LLOYDS BANKING GROUP PLC ORD 10P, VODAFONE GROUP PLC ORD USD0.20 20/21, ASCENT RESOURCES PLC ORD 0.2P, FRONTERA RESOURCES CORPORATION ORD SHS USD0.00004 (DI), BP PLC $0.25
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Bid the rounded retest for a move up to congested highs at 1.08. Look for a stop run higher to 1.0820/30. Previous longer term high is at 1.0820
I will be blindly short from current resistance on market open. If my first zone fails (SL at 0.7500) then I will be watching for a move and rejection of 2nd rounded test @ 0.753 with a stop at 0.756 with half of my original position. From the large bearish candle you can see that many weak longs got taken out at the original support (0.7300). Conversely, the two ...
Swing failure low, leads to EURUSD move up. Rounded test at key structure break @1.0825-50.
Completion down at $14. Pretty easy read here after silver has faced a very heavy pummeling over the last qtr.
I'm going to be getting long on EURUSD at 1.10625. Previously we have a small area where longs had puked/shorts had got overconfident and longs had re-established control over a very short timeframe of 1 day, leading to a decent sized move up. There is going to be market interest here so I will remain bid on any price rejections lower.
Would expect further Yen weakness. Above 145.00 I'll scrap the idea
Looking for a move up to outside of upper value on AUDUSD. Price has consistently been supported by the 200DMA and we have had a break of a long term weekly trendline beginning in 2013. In addition, we have a Wyckoff bottom that has formed with completion at target indicated. Gold also looks like it could have a bullish run as I feel that the dollar bull run is ...
I'd be buying this market. Thin move downward out of value area. Market requires a reach to 1.1070. ~100 tick move from current price.
Looking at the volume profile, we can see a big liquidity void above 1275. It will be hard for the market to get above this due to trade not easily being able to be facilitated in these areas of low volume. This is something to bear in mind when looking at USD and Gold.
Look to get in at touch of VAL. Looking for exit at 32p based on value area high. Heavy rejection of VPOC indicates MMs have settled positions here read for re positioning.
Looking technically here, I'd look to add at a break of the VAH at 0.4p with an eventual exit at 0.62p. Initially I'd expect further buying slightly lower, however, which is why I would look to enter a larger position at a break of 0.4p.
If you were trading during Asia, you'd have noticed that the GBP fell by a massive 6%. This gives me a chance to explain two options that are the most probable causes . Let me say firstly that Hollande's comments had nothing to do with the fall.
The first and most probable cause is that volume chasing algorithms were the cause. These are interbank algorithms ...
Ftse finding value lower. This doesn't mean we will see a huge collapse but it shows that bullishness is being slightly exhausted.
Pure technical outlook here. Weekly looks strong to the upside on low volume reversal. Will be looking to 148p with an exit at 89p for over 3:1 risk to reward.
Longs to be settles at heavy ask area. Market structure broken looking for upside movement.
I am bearish USD. This could lead to a lot of upside for Gold miners due to the inverse correlation.
Serabi are good technically here with short sellers getting out at the VPOC at 5p which has enabled buying to be facilitated. I can see +6p Q1 2017
This is a purely technical idea.
Look to bid at current price with a second potential entry if the neckline holds.
Settle price at the VPOC where closing of trades can be facilitated easier.
Short due to Wyckoff Bottom completion. Low volume area. Looking to move back towards 0.845.