kfrivaldo

looking to see a bounce somewhere between 0.9814 upto 0.9839. a bullish evidence formed in this area is a good entry.

possible pullback

Date: May 4, 2018 Asset and TF: CHFJPY Entry: 110.51 Exit/TP: 112.91 SL: 109.01 Profit/Loss: Fundamental Analysis: As both currencies are safe haven during risk-off period where CHF react favorably that JPY, this trade will materialize in case of a risk-off event. If there will be no risk-off event, the market may continue to go down up to 108.75. Technical ...

awaiting good buying level

Current market condition. 1. Currently in a sideways trend after a normal uptrend. 2. The market Is at the lower portion of the range 3. The market s still above the 55 SMA. this suggests that the market is in consolidation phase. 4. As it is in ranging, the best is to seek buying opportunity at the lower part of the range (with RSI below or within 30) or seek ...

Current market condition. 1. CAD gain strength last week but prior to last week, it has been on a downtrend since second week of January. The recent rise of CAD is a healthy pullback. 2. CHF has started to weaken since the start of this month March. https://www.mataf.net/en/forex/c 3. These 2 currencies is at the cross roads where CAD has been consistently on a ...

Current market condition. 1. CAD along with AUD were the strongest currencies last week. will it continue or it will reverse? 2. Since CAD is heavily correlated with Oil, WTI and Brent is currently in contracting phase where it formed a symmetric triangle which suggests that neither the bulls nor bears are in control. As such, we have to wait and see. 3. On the ...

Current Market condition 1. Price is below 55 and 200 SMA which suggests a bearish market move. 2. A break below 130.38 signals that bearish momentum continues 3. Currency strength shows that EUR is weak along with CHF while JPY is slowly fading it's strength over the last few weeks. 4. Current rankings shows EUR is at the bottom while CAD is the strongest. ...

a possible retrace towards weekly pivot (1.26700) which is also close to 61.8% Fib retracement (1.27230) plotted from the recent swing high and swing low.

A possible retracement towards the weekly pivot level 1.19160 where it recently acts as the resistance level, RSI also suggest that the pair is at oversold territory

looking to short

Gold is about to break the uptrend on the longer time frame. We could either see a bounce play (after a bullish evidence) or a start of the break out on the downside. What could be the catalyst? 1. US Tax reform bill has passed 2. NK war is downplaying at this point. 3. Us stocks is at all time high 4. Or something else

looking to short

I already forgot this gap down since the last British referendum. Succeeding gap due to flash crash was filled immediately. However, this June 2016 gap was the longest gap I've seen (to my recollection) in FX market before it was filled.

Bank of Canada said there is no predetermined path for Canada interest rates and they won’t be mechanical on rates because inflation and wage growth is slower than they anticipated. So they plan to proceed cautiously which basically means that there will be no rate hike in October and a lower chance of tightening in December. The BoC is not happy with the rise in ...

A. Since the double-bottom, the market is forming higher highs and higher lows B. Double-top forming C. Bearish Engulfing D. Uptrend formed (Higher high, followed by higher low) E. SMAs 20&100 show is sloping up suggesting an uptrend. In summary: Since January we have seen a growth on GBP currency and on a mid-term time frame, I see uptrend. But on a longer time ...

On D1, the market type is sideways starting May 19th. Last week charts shows less activity but the price has started to plot below the 20 daily moving average which indicates a possible shift of momentum. With numerous major risk events for both EUR and USD currency, it is high likely that the market will breakout from the current range between 1.1282 and 1.1110.

On D1, after the strong bullish run until the month of May, the market went on sideways which is a typical behavior. After the false break last June 15 which also formed a bullish engulfing, the market has steadily climb and is continuing to climb since last Friday. With all the risk events for EUR this week, there is a possibility that the market will go out ...