Nine-Trader

Nine-Trader Updated 

The political crack between West and OPEC+ is reflecting itself on the market by the correlation coefficient change between DXY, Oil and USIRY. FED as the main player between those 3 usually were taking shots and others follow accordingly. However, while FED is trying to contain inflation OPEC+ is cutting production to stop Oil prices from free fall, which in...

Nine-Trader Updated 

Market is moving towards recession same way like it approached recession in March 2020. With the start of the hawkish monetary policy period NZD as a risk currency may visit the bottom again. Price structure also indicated the price to visit 2020 March lows again. Price may stay at the current level for a week or 2 and then by loose of bullish momentum may...

Nine-Trader Updated 

Price needs to complete the corrective pattern before forming any buy or sell setup. Price may form a channel or an expanding flat patterns. There is chance for the price to visit 118.50 which is historical level for the price to reach. Considering previous height formations of the price action I think price keeps the chances of reaching 118.50 level....

Nine-Trader Updated 

I anticipate the price to complete the pattern and fall. Price may fall from current price or may visit 1.4600 area and fall from there. For now, I don't see any reason for EUR to rise, especially against the USD.

Nine-Trader Updated 

I anticipate the price to 1.3700 again before going for down wave. It is possible for the price to fall from the current level. Waiting for the sell setup to emerge in order to take the trade.

Nine-Trader Updated 

I anticipate the pair to fall during March. Risk Off move is what I anticipate because of fundamental reasons.

Nine-Trader Updated 

I anticipate the pair to visit 1.6800 level. Sell setup may emerge on lower time frames to trigger the trade.

Nine-Trader Updated 

I anticipate the price to correct on 8h time frame and then move up for one more bullish wave. Weakness on Euro may limit the strength on the CHF as well. That may become a reason behind this risk on wave.

Nine-Trader Updated 

I anticipate the price to start correction of the Daily impulse. The first target of the down wave will be 1.0550 which is 150pips move from the top. If there will be a sell setup I will trigger sell trade.

Nine-Trader Updated 

I anticipate the price to rise above 1.5000 level in March. Firstly, price needs to complete the correction on lower time frames. After the completion of the correction I will consider buying if there will be a buy setup.

Nine-Trader Updated 

I anticipate the price to complete the correction and then start rising. Trade on USDCHF is highly negatively correlated with EURUSD, which I anticipate to fall. FED rate decision may trigger that move, if geopolitical reasons will not trigger this move prior to FOMC meeting minutes.

Nine-Trader Updated 

Price is forming a corrective pattern. After completion of the corrective pattern price may form a new low.

Nine-Trader Updated 

The price is completing the pattern formation. I anticipate the price to fall in March, and that fall may start before March.

Nine-Trader Updated 

Watching the pair to complete the corrective pattern and form a sell setup.

Nine-Trader Updated 

I anticipate the pair to complete the pattern and then start falling to a new low levels.

Nine-Trader Updated 

I anticipate the price to reach the level of 86.00 and then form a possible sell setup. Decrease in Oil prices may be a trigger for this trade.

Nine-Trader Updated 

I anticipate the price to reach 0.8550 in March. I will search for buy setup on lower time frames. Price may slightly go below 0.8300 level rise from there.

Nine-Trader Updated 

I anticipate the price to correct on Weekly time frame. That Weekly correction may form buy setups on lower time frames.