LineKing

LineKing

If the candle closes below the HZ support bearish bias. But what are the odds will close right in between to keep us guessing - very high or certain? Long GBP/USD @ Fib retrace 1.4567after hit of L/T TL. If fundies are your thing, could argue a strong - but not out the ballpark - or weak NFP no could favour sterling. See Dixy too.

LineKing

Silver is very very spiky/wicky at turns. Still, a low risk long against TL @ 13.810 is a very nice R/R against potential massive upside. Silver/gold ratio at historic lows = silver longs favoured over gold

LineKing

A close above 1100 would complete a rounded bottom pattern and strongly suggest a LT bottom in place. Low risks long for this eventuality against TL and smaller TF fib retracements

LineKing

Long and Medium term Support levels. Would need to see much more +ve PA before considering any long plays. Historically WTI bottoms with large daily wicks, usually 3+. Current geopolitical favours the chances of this type of PA. Still short bias until signs of the above become evident. Hold of c.34.40 - 35.50 would be a start

LineKing

No bottom in site. Break of 347 confirms. Break back above current T/L at 370 suggests signs of reversal.

LineKing Updated 

Can it be the first AG to show any signs of life? Still remains heavily skewed towards downside

LineKing

Both fundamentals (record/near record crop yields), strong U$ and technicals favour continue downside

LineKing

Tho chances of pullback if Fib retraces of around Jan 4th (short USD/CAD @ 13980 T1 13733). Sudden ratchet of Mid East tension could see this move fast. Other x, esp vs NZD and AUD due a retrace (at least at first) - and then looking for poss trend reversal

LineKing

Confirmed by (more balanced) FXCM $ Index

LineKing

Dixy Motoring