kfrivaldo

kfrivaldo

there are still plenty of room on the upside right now, but once it reached 1269.20, it is a good time to short.

kfrivaldo

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

kfrivaldo

TP - 111.44 En - 109.82 SL - 108.71

kfrivaldo

Short term bearish bias but may likely to stay on range bound

kfrivaldo

Long term bias is still bearish but on a short term basis, there may be a pullback TP - 1.3530 En - 1.3365 SL - 1.3253 If the price reach 1.13250 and then followed by bearish formation, this will give a better sell position with a TP of 1.3050

kfrivaldo

SL - 1.1727 En - 1.1607 TP - 1.1433

kfrivaldo Updated 

awaiting good buying level

kfrivaldo

possible pullback

kfrivaldo

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...

kfrivaldo

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...

kfrivaldo

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. www.mataf.net 3. These 2 currencies is at the cross roads where CAD has been consistently on a downtrend but started...

kfrivaldo

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...

kfrivaldo

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....

kfrivaldo

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.

kfrivaldo

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

kfrivaldo

looking to short

kfrivaldo

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

kfrivaldo

looking to short