NZDCHF – Sellers face off stronger, now we'll get answer from them Trend: Sell/ Neutral Support/Resistance: R2: 0.63647 R1: 0.63361 S1: 0.63069 S2: 0.62908 Price action: Sellers retraced very strong this time from candle patterns. But still the market is in smaller timeframe in buyers era. Untill sellers retrased perfectly from second support, we can't say,...
AUDUSD – buyers have open position Trend: Strong Buy Support/Resistance: R4: 0.70222 R3: 0.69921 R2: 0.69492 R1: 0.69172 S1: 0.68977 S2: 0.68695 Price action: Buyers continued price very confident to the price level at 0.69126, where last daily candle closed. Buyers might relaxed for a while and give a chance to sellers to their first support....
Price is coming to Elite spot and there is also gap which needs to be filled. So our prediction is short term long and after that we will see if price can break elite spot or not.
We prefer to sell NZD/USD with entry on smaller timeframe but if the price breaks the sellers territory then we will look for long entry. We are using simple but effective strategy with exact entries, SL and targets and also we prefer practise over theory.
GBPJPY – Following Gbp trending is still showing performance to buy this pair Trend: Strong Buy Support/Resistance: R3: 145.741 R2: 143.270 R1: 140.699 S1: 137.820 Price action: Price hold above trending flow, which will first test Higher High levels and then we'll see if Yen currency will deny again. Buyers are enough confidant to continue trending flow in...
EURCHF – this pair is at risky level, where we have to wait for sell if we get sign Trend: Sell/neutral Support/Resistance: R1: 1.10259 S1: 1.09775 S2: 1.08999 S3: 1.08375 Price action: Buyers were keep going to break resistance level at ,but sellers showed first push few days ago very strong. If they will push again, then we know the answer, but if the...
Market participants are gradually analysing the jump in the price of Bitcoin and altcoins. Among the main reasons are Chinese blockchain, pressure on Libra and Gram, reaching lows, and manipulation. Most likely, it is manipulation that is the main reason for the consecutive decline, and then a sharp growth. After all, there were no special reasons for either of...
EURJPY – Jpy currency is still in weakness, while buyers might push higher Trend: Strong Buy Support/Resistance: R4: 122.163 R3: 121.717 R2: 121.381 R1: 121.069 S1: 120.400 Price action: Buyers might continue this trend after they break and hold above first resistance, if they're enough strong. First hard and slow target is at 121.381 level. If buyers will...
AUDCHF – Buyers getting stronger (waiting for news) Trend:Strong Buy Support/Resistance: R3: 0.68791 R2: 0.68502 R1: 0.68292 S1: 0.68205 S2: 0.68006 Price action: Buyers are ready to break higher by showing strong momentum. Till the news are not reliased, we can't know the next move in any way (recommended). Potencial trade idea: Bulls targets: T1:...
US yields have also hit a 1 week high while stock markets burst up to fresh territory, sinking the yen to the lowest levels since March 20th. From this point on, following yesterday's mixed data out of the US, eyes are looking to jobs data. Coming up this week, we have the nonfarm payrolls as the main event. "February’s very soft jobs report contributed to...
Retail trader data shows 51.8% of traders are net-long with the ratio of traders long to short at 1.07 to 1. The percentage of traders net-long is now its highest since Mar 12 when EURJPY traded near 125.632. The number of traders net-long is 32.1% higher than yesterday and 6.4% higher from last week, while the number of traders net-short is 34.5% lower than...
Retail trader data shows 45.3% of traders are net-long with the ratio of traders short to long at 1.21 to 1. The number of traders net-long is 6.5% lower than yesterday and 12.6% lower from last week, while the number of traders net-short is 7.1% higher than yesterday and 27.7% higher from last week. We typically take a contrarian view to crowd sentiment, and the...
Retail trader data shows 48.3% of traders are net-long with the ratio of traders short to long at 1.07 to 1. The number of traders net-long is 2.4% higher than yesterday and 35.6% lower from last week, while the number of traders net-short is 4.4% higher than yesterday and 63.4% higher from last week. We typically take a contrarian view to crowd sentiment, and the...
Retail trader data shows 74.9% of traders are net-long with the ratio of traders long to short at 2.99 to 1. The number of traders net-long is 1.4% higher than yesterday and 1.8% higher from last week, while the number of traders net-short is 21.7% higher than yesterday and 16.6% higher from last week. We typically take a contrarian view to crowd sentiment, and...
Retail trader data shows 80.4% of traders are net-long with the ratio of traders long to short at 4.11 to 1. The number of traders net-long is 2.7% lower than yesterday and 0.3% lower from last week, while the number of traders net-short is 4.4% lower than yesterday and 2.2% higher from last week. We typically take a contrarian view to crowd sentiment, and the...
Retail trader data shows 48.3% of traders are net-long with the ratio of traders short to long at 1.07 to 1. In fact, traders have remained net-short since Feb 27 when USDJPY traded near 110.552; price has moved 0.6% higher since then. The number of traders net-long is 0.8% higher than yesterday and 25.5% higher from last week, while the number of traders...
Retail trader data shows 77.3% of traders are net-long with the ratio of traders long to short at 3.41 to 1. The number of traders net-long is 0.6% lower than yesterday and 8.1% higher from last week, while the number of traders net-short is 5.5% lower than yesterday and 5.0% lower from last week. We typically take a contrarian view to crowd sentiment, and the...