StampsFX

StampsFX

CADCHF does not appear to have any rallying power what-so-ever. The chart looks exhausting, the news surrounding the pair is uneventful, and the technicals are pointing south on the daily and weekly. In my opinion CADCHF is headed for down. -Wish you guys much success; don't give up. -StampsFX

StampsFX

Someone wanted to know how this would look on the 1 HR chart. The original markup was completed on the daily chart, which can often be difficult to translate to the hourly chart. As you can see GBPNZD is due for a break out to the upper support level. You will notice higher lows on the hourly chart. I feel this will be a quick 50+ PIP move over the new few...

StampsFX

The world is going against GBPNZD and a heavy sell bias has formed. Unfortunately, the masses are usually wrong. I heard a quote that states, "there is a highway to hell, and only a staircase to heaven." Meaning don't follow the crowd. In the case of GBPNZD, I feel there will be a bounce over the next 2 days. This bounce could be any where from 50 to 100+ pips....

StampsFX

EURAUD is formed a double top on the daily chart over the past few weeks. Trends will often continue until a specific event take place or when buyers step in at significant levels; I don't see buyers stepping in within the next few days. I am noticing price has not closed below the long term trend that you can see on the chart. In fact, it appears to be bouncing...

StampsFX

USDJPY is headed down, BUT the long-term analysis of the monthly chart is not bearish. The current US President (President Trump) will do everything he can to boost the economy (or the market sentiment) as the upcoming political debates take place. Perceived improvements in the US economy will send the USDJPY up over the next few months, however CURRENTLY there is...

StampsFX

FX:EURUSD The current price action displayed by EURUSD on the weekly chart demonstrates an incomplete bearish pattern. This is one of the most common price action patterns in existence. If you look closer, 4H chart or 1 hour chart, you may notice what appears to be a failed "head and shoulders" pattern. This pattern is present (in my opinion), because there should...