NapoleonHil

NapoleonHil

In the past two weeks, we've gotten great news regarding the vaccine for covid 19 & as a result, we're seeing major movement around the financial markets. NZD, in particular, has been a good performer up 4.48% against the Japanese yen since October 30th. As you see in the following chart NZD is holding nicely above my support area around 71.519 & 71.380. We've...

NapoleonHil Updated 

OANDA:CADJPY Last week we saw CAD move +109 pips & as you can see on the charts i banked +81 pips out of that move. To give you'll some perspective on why i expect more CAD bullish moves in the near term , as we all know the fed is determined to get inflation to average above 2% and low interest rates for the next 3 years. To achieve that a lot more money would...

NapoleonHil

What i said last week regarding the USD/CHN PAIR... USDCNH drops below 6.6917, down 0.39% intraday. China will not only overcome the coronavirus pandemic but will also aim to become the world's largest economy which could be favouring USDCNH bears. ( China's communist party 2020 GDP to exceed 100 TRILLION YUAN) A clear break of the one week old support line...

NapoleonHil

FX:USDCNH USDCNH drops below 6.6917, down 0.39% intraday. China will not only overcome the coronavirus pandemic but will also aim to become the world's largest economy which could be favouring USDCNH bears. ( China's communist party 2020 GDP to exceed 100 TRILLION YUAN) A clear break of the one week old support line could drag USDCNH prices towards the monthly...

NapoleonHil Updated 

OANDA:GBPUSD We had a pretty eventfull week last week , with the U.S election around the corner & continuation of the brexit talks we as traders have alot to look forward to in the upcoming weeks. Last week GBP rose +290 pips against the greenback , if we continue to get good news around brexit & the U.S stimulus package we could definitely see another bull run...

NapoleonHil

TVC:SPX Last week we saw S&P slowly declined back towards 3423.0 around my support levels even though we were getting fairly positive news regarding the stimulus package. I think that's because of the uncertainty around it being passed by congress before election, but im very much still bullish on the S&P. It's currently ranging between 3477.7 (Resistance) &...

NapoleonHil

Yesterday we got positive news regarding the US stimulus package and even though i dont expect a deal can get done before the election, i do think both parties may reach an agreement before election. Which as we all know is bad news for the USD INDEX and good news for the metals and futures and a handfull of other curriencies such as the EURO,GBP CAD etc.... The...

NapoleonHil

i think the pair is approaching a major price reversal zone. you have the opportunity to catch the continuation pattern short or long term.... wait on the retest then enter

NapoleonHil

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NapoleonHil

price is going to go down a bit