Good morning traders, Looking to change up our recent technical analysis examples this time with a clean trade on Euro versus Japanese Yen. The beat on Chinese gdp and Industrial production gave a risk on tone overnight leading to Yen weakening but also, for this pair, an Evening Star candle forming on the daily over the 15th and 16th. Evening star are early...
Good morning traders, And welcome to a new week- our recent tradingview charts were unfortunately removed due to us breaking house rules of including our website in the title. So we are reposting this US dollar Japanese Yen setup from Friday which is still live. Friday was an extremely technical day with option expiry's driving Yen pricing into the end of the...
Good morning traders, And welcome to a new week- our recent tradingview charts were unfortunately removed due to us breaking house rules of including our website in the title. So we are reposting this Euro Canadian Dollar setup from Friday which is still live. Looking at short setup on Euro versus Canadian dollar as multiple technical indicators line up to show...
Morning traders, Out with another range trade on US dollar being oversold- this time Aussie Dollar sell versus US dollar on a combination of techincal indicators and chart work. On our chart if you zoom out slightly you can see the long term descending trendlines in purple which is being respected yet again with volumes slowing as we head to the top of the...
After last weeks successful short on AUDUSD from 0.71 down to Novembers low (blue dashed line) we sat out whilst it bounced back to 0.71 resistance level and looking to RELOAD our short here again. The bounce has taken us to 60 area again on RSI- as per chart we have sold off at similar levels from here- looking for a retest of Nov low before seeing a break down...
Hi all and welcome to our Sunday Setups a new technical analysis piece where we are looking to showcase our work and highlight our 20 years of professional trading experience at the worlds best Investment Banks. Our aim is to keep analysis simple so that anyone can follow and learn from our work and hopefully our past performance highlights why we are...
Good morning traders Last week we went long gold at 1295 targeting the formation of a head and shoulder pattern around 1301. Four days later and we see that right hand shoulder pattern forming and therefore look to short gold at market level. If you look at our chart work on the uk trading view website you can see four failed attempts on 4 hourly charts to...
Hi all and welcome to our Sunday Setups a new technical analysis piece where we are looking to showcase our work and highlight our 20 years of professional trading experience at the worlds best Investment Banks. Our aim is to keep analysis simple so that anyone can follow and learn from our work and hopefully our past performance highlights why we are...
Off the beaten track with an "EM exotic" trade.. and the first idea on this pair on tradingview PLNHUF breaking and having repeated closes below 2018 low opening up a move down to 72 area and potential retest of 2017s low 70 area
Gold having a massive move lower today down -15.00 at time of idea. Crazy 3 days going from 1295 up to 1310 and back down all in one trading session. Getting long as it finds support at levels dating back to January and at the same time moves heavily into oversold status. Looking for this level to support a short term bounce back into 1295-1308 trading zone...
Quick short trade- buy USDCAD after finding support at Fibonacci resistance line (see chart); oversold status on RSI and a bullish Harami candle pattern forming on 4 hourly charts
Have been waiting to get short this pair- short NZDCAD post the New Zealands central bank meeting which took NZD in to todays top performing G10 currency- looking for descending red trendlines to hold and for the pair to trend back down to low 0.89 area and potentially break to the downside. Pair currently in overbought territory following the overnight spike.
USDCAD approaching 0.382 fibonacci support from 2019 high whilst looking marginally over sold- looking for bounce into March after month end flows clear up
High expectation of further easing from ECB likely via the announcement of TLTRO for the banking sector- news flow lining up with technicals on the chart above with the mutiple wave formation
Looking to short USDJPY with stop loss at fibonacci support around 112.3 area; targeting 109 area over next month with trade driven by interest rate differentials (carry trade) on US treasuries vs JGB after last weeks break out higher on US 10yrs
Buy gold after finding support at Jan levels- chart fairly self explanatory. Oversold territory and looking for move back to 1305-1308 area Keep it simple.
short AUDUSD on head shoulder pattern forming in descending channel- graph self explanatory recent positive news on US/China trade deal in the past few days failed to retest previous head high so looking for a descent lower
Frustratingly in the time its taken to go to publish headlines have come out on Labour MPs not backing Mays deal and little expectation from UK on any breakthrough at todays meeting. Those headlines led to a drop of 40pips - but the market is what it is.. sometimes you nail the timing.. other times it beats you to it Pair retested 2018- now been tried on 3...