KOracleFX

KOracleFX

XMR/ETH near term and medium term upside further supported by technicals and fundamentals. Bullish engulfing candlestick Bullish engulfing candlestick closed above symmetrical triangle CCI above 200 level - last time saw a .07 move spike higher FUNDAMENTALS The first trading day in July typically one of the best of the year. Risk assets generally...

KOracleFX Updated 

Technically. XMR/ETH broke above bull flag resistance and has tested to trade below but failed on multiple occasions. In terms of relative strength amongst the cryptocurrency sphere, ETH has underperformed on the back of vulnerabilities within MEW but more-so likely due to a squeeze by market makers, takers, and whales. With the sheer multitude of...

KOracleFX

Technically. XMR/ETH broke above bull flag resistance and has tested to trade below but failed on multiple occasions. In terms of relative strength amongst the cryptocurrency sphere, ETH has underperformed on the back of vulnerabilities within MEW but more-so likely due to a squeeze by market makers, takers, and whales. With the sheer multitude of...

KOracleFX

STRATEGY: Short GBP/USD on retest of broken support 2018.04.30: Weekly close below flag support at around 1.36 figure projects a measured move objective to just above the 1.05 big figure. Shorts for half a position around 1.36 and 1.3750 (avg at 1.3675) with stops at 1.4015 for roughly 340 pips but targeting 1.15 and 1.05 for half positions and roughly 2985...

KOracleFX

Technical outlook weighing on GBP/USD as a break below bear flag support and multiple H&S downside breakouts on weekly charts suggest the sterling may not regain its luster vs. USD in the long term. Fundamentally, higher Fed Funds rate and a widening interest rate differential on the back of a US FED beginning to walk the walk of tighter monetary policy lays down...