Sixth_sense_trading

Sixth_sense_trading Updated 

what an eventful week lets take a look at the NZDJPY charts clearly buyers are pushing and we will see it pushing higher soon enough. The demand zone has been highlighted in the chart Carpe diem!

Sixth_sense_trading

BOJ dovishness has been somewhat being positive for most JPY pairs especially CHFJPY. As we can see on the chart, the market is hovering around weekly demand structure and from here, I believe we will keep on moving south in the forthcoming weeks. Trade safe! Carpe diem!

Sixth_sense_trading Updated 

In the past few weeks, gold has been soaring due to the geopolitical tensions in the middle east. In the last week's NFP, the strong numbers failed to take any advantage to most USD pairs. So what now? In the coming weeks, we might see a major pullback from the overbought zone which I tried to draw on the chart but having said that, it looks to me that gold has...

Sixth_sense_trading

As we can see USDCAD has been moving in an ascending channel for quite sometime now I believe the falling oil prices will depreciate the CAD against USD look for buying opportunities as long as the market remains above the 1.3474 level trade safe! carpe diem!

Sixth_sense_trading

Although, the market seems to be accumulating sellers from the recent highs, the Hawkish tone of BOJ didn't make any significant changes in favour of JPY I believe the market might dip toward 150 zone in the coming days although it would be very risky to short from here, use proper stop loss and trade safe. Carpe Diem!

Sixth_sense_trading

GJ is on an uptrend for quite a while now creating a new high recent intervention from BOJ and historical rate hike failed to alter the current bullish scenario. looks like its ready to go higher in the coming weeks look for potential buy opportunity carpe diem!

Sixth_sense_trading Updated 

Falling oil prices despite strong data from Canadian government looks bullish for this week Hit like if you agree Carpe Diem!

Sixth_sense_trading Updated 

Major structure broken and the BOJ governor made dovish remarks I believe its going towards all time high again in the coming weeks Hit like if you agree! Carpe Diem!

Sixth_sense_trading Updated 

hawkish move from RBNZ regarding the hike of their interest rates having said that, I believe its just a matter of time that this pair will move up. Hit like if you agree! Carpe Diem!

Sixth_sense_trading Updated 

CPI week, on a daily TF it looks like in the distribution area Hit like if you agree Carpe Diem!

Sixth_sense_trading Updated 

if you look closely at the intraday price action, market is trying to grind up. lets see if it goes according to the plan. Carpe diem!

Sixth_sense_trading

Employment data released for Canada made a significant impact on every CAD pairs There is going to be BOE monetary policy statement later this week which could make this pair extremely volatile. watch out for the price action delineated on the chart. Carpe Diem!

Sixth_sense_trading Updated 

The FED were dovish as expected which hammered the USD. This whole debacle is based on their banking system and how the FED is trying to resolve. NFP coming out tomorrow! Carpe Diem!

Sixth_sense_trading

Summary- The gold markets have pulled back but they have recovered quite nicely. They are closer to support than Bitcoin is so I think it probably continues to outperform. I would anticipate a lot of noise but if we were to break down below 1800, then I would get aggressively short. on the contrary a break above 1880 is an aggressive long. In the meantime, we are...

Sixth_sense_trading Updated 

Let's take a look at the British Pound- Japanese Yen. As we can see we have initially tried to rally on Tuesday but fell rather hard towards 150/149.80 level. if we break 149, we are going to fall apart, that being said, we will have to see how its gonna be behaving because a lot of this seems to focus on the Omicron or whatever it is. Which is just a latest...

Sixth_sense_trading Updated 

Lets take a look at the Aud/Usd market, you can see we are testing the structural low here around 0.7100 support area. It does look like we are gonna continue go down in the longer term, that being said I think we have a high likelihood of some kind of recovery as long as we form an exhaustive candle between now and 0.7500, I will be looking for reasons to sell...

Sixth_sense_trading

Lets take a look at the weekly chart of gold as you can see we have crashed. Thursday was holiday being thanksgiving. Lack of liquidity on Friday of course had the variant coming out of the south African corona-virus situation and has everybody freaking out. Low liquidity, panic that's what you get. Now the question is Do we break down below this trend line?...

Sixth_sense_trading Updated 

Lets take a look at the Euro/Usd as you can see that we initially rallied towards 1.2210 during the trading session on Friday and then gave back the gains, breaking down to form a shooting star. At this point, a pullback could send this market towards the 50 Day EMA around 1.2050. On the other hand, if we break above 1.2200/1.2210 on a daily time frame, we could...