ovisbucks

ovisbucks

As many investors are preparing for the UK General Election we see very little indication of that in terms of pre-election market price moves. On April 8th 2017 the UK Prime Minister Theresa May has called for a General Election to be held on June 8th 2017. Since then we have seen the pound rally to new highs in 2017 and surely things seemed to look a bit...

ovisbucks

Due to AUD currently being one of the weakest performing currencies and also along with that a highly expected rate cut by the RBA I am shorting AUDUSD for about 310pips.

ovisbucks

With USD still being fairly bullish at the moment including Latest NFP coming out quiet good and GDP coming out on Friday (29/07/16) predicted to be positive, right now seems the Sentiment on USD is strongly bullish. While the CAD has had some positive fundamental support it has been no match for the USD as Oil prices seem to give out some form of...

ovisbucks

Back at it again with a CHF/JPY Long Term Short. Fundametally a weak currrency, CHF has been fundamentally struggling and decreasing its strength consistently. Although next GDP data release should firmly show us where the currency is heading until then fundamentals will not cause major sentiment and bias change on the Franc. With the JPY not performing much...

ovisbucks

This chart is solely based on technicals and will be further analysed in order to build up on confluences from market sentiment and also have some fundamental backing. Technicall a sweet chart $

ovisbucks

A swing trade Short on EUR/USD. Have entered yesterday currently at 30+pips profit. However I will follow up on this trade as with all my other trades the fundamentals as I am expecting volatility on this pair due to the eurozone issue that Brexit and the fairly weak Euro is causing and the Dollar expecting rate hikes (although chances lower now due to NFP) will...

ovisbucks

As posted previously in my published analysis of CHF/JPY I am looking to continue with my Short Bias with targets at 107.000 then onto 104.209 as the final target for this trade. I have entered yesterday was down about -60pips however, the trade now seems to resume its down move and currently sitting at about -14pips. Stop loss set at 112.109 Also check my...

ovisbucks

The targets I have had on gold since mid January 2016 are 1188 (hit), 1335, 1431 and 1562. Now with the Brexit issues coming up and the potential affect it will cause on the markets I am looking at Gold to maintain a nice steady uptrend.

ovisbucks

Having hit my long term target of 112.0 and about 4-5 targets since December I am expecting a retracement back to around the 112.0 level then a bullish move to the upper downtrend line. If the upper trend line resistance does hold I will short it to 106.9 as my first target and then possibly hold it down to 102.0 depending on price action.

ovisbucks

After a very good downtrend channel being followed by this pair and hitting about 4-5 of my targets including the final target of 112 (been waiting for this level since December) has been hit. Now i am expecting a possible retest of the 112 region then a bullish move to the upper downtrend line. If nice opportunities do show up will short, preferably to my first...

ovisbucks

EUR/USD bearish targets. Due to weakness in Euro and todays negative news release on the Euro's consumer price my fundamental research gives further confluences to a short on this pair. Tomorrows Germany news releases on unemployment could possibly cause a minor retracement however, overall I am seeing an opportunity for about 300 pips gain. EDIT - My entry was...