scorpius

scorpius

There are no fresh divergences on the daily timeframe. I do not consider long-term ones here, but I look at them already on the weekly timeframe with the transfer to the daily one. prnt.sc And so on the chart you see a divergence with the number 3, which means its formation three days ago. The price chart for both currency pairs confirms their development. Do not...

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The growth in volume and bullish divergence for the currency pair during the Weekly period gives a hint, perhaps it is worth taking a closer look at other currency pairs with the pound in conjunction. With this approach in mind, I made Weekly analysis of pound pairs. You will see what happened in this figure: prnt.sc I'll add it myself. Observing the bullish...

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The offered resistance at 134.60 has been successfully broken and the currency pair has already worked out more than 120 profit points. We are approaching the second important level. I propose to register here. After the correction, I will continue to consider the possibilities for the currency pair. Good luck and profitable trends.

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Taking into account the fundamentality that has developed around the pound and that the official date of the UK's exit from the EU is not soon, I propose such an alternative to the bearish scenario. His rationale was posted on YouTube. Everyone can watch. www.youtube.com

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The currency pair with a high degree of probability completed the correctional wave iv, and now we are expecting an increase in wave v for the renewal of the local maximum in the area of 142 figures. The first confirmation of such a scenario will be a breakout of the resistance at 134.60. For aggressive traders, this can be the first signal. The breakout of the...

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Alternative option: since there is no fundamental support for technical expectations for a fall, I propose to consider this possible growth option. Yes, I also don't like this triangle 4. But this is a market and it constantly hides its opportunities from us. Now the dollar index may still go down, which means that currencies against the dollar may strengthen....

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Technical analysis: technically, the currency pair is completing the correctional wave (ii) and the continuation variant with (iii) is already knocking on the door - see the figure. But... Fundamental analysis: it should be noted that at the moment the fundamental background around the Australian currency pairs is positive and there are no prerequisites yet to...

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Technical option: After the document on "internal trading" was approved by the UK Parliament in the first reading, the currency pair after a rapid decline entered a phase of correction, which could last for a couple of weeks, if new fundamental news against the pound does not emerge. While it's calm. In my opinion, I believe that sub-wave a of the correction has...

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The interest rate vote and the press conference confirmed the fundamental weakness of the pound and the price movement broke through the rising channel. Having received confirmation, the currency pairs rushed in a bearish direction. The first throw was repelled by the 100% Fibonacci extension. But this is only the first shot. I expect a continuation to the level...

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The pound and its pairs continue to be under pressure The pound and its pairs continue to be under pressure after Prime Minister B. Johnson introduced the bill "Regulation of the Internal Market" to the parliament. Which was approved by a majority of votes in parliament. This document casts doubt on the previously reached agreements on Brexit. And the EU has...

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The local minimum can only be wave III, and so far there is no confidence that correction (II) of the strengthening of the US dollar has started. Duality of possibilities will be inherent until the price breakout canceling my assumption of wave IV in the form of a triangle. Possible options are shown schematically in the figure. There will be tips from currency...

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Wave b shifted to the right without spoiling future expectations. And so the bullish one for the completion of the diagonal triangle with a reversal to wave B, where the first sub-wave should be expected to wave (a) of an impulsive nature. All movement on wave B should be expected in advance in the 0.67 area. Clarifications will come later. Good luck and profit.

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The final local variant of the decline is seen at the Murray level 1.2695 The price can break through there according to the schemes shown in the figure. The left-most option is more priority, that is, in the coming days, the fundamental idea of the Prime Minister of Great Britain is still alive in the form of another squabble over Brexit.

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A relatively large diagonal triangle is coming to an end in anticipation. In wave 5, waves a and b are completed. Sub-wave is completing c. In expectation of a downward reversal in corrective wave B, where the first will be an impulse sub-wave (a). The first reference point (after the completion of all five) level breakdown is full b of 5. The main reference point...

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Short-term bearish pattern. The trend in many pound pairs requires directional determination. But that requires some good fundamental news.

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The pound dollar lost more than 500 points last week after Prime Minister Boris Johnson sent a document regulating internal trade to parliament without co-ordinating it with the EU. Today, parliamentarians should consider this document, which can move the currency in different directions, depending on the comments of what is happening. From the technical point of...

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CD = 1.618 BC The statistics of such opportunities have a fairly high probability of reversal execution. But we shouldn't forget that the market does not forgive mistakes. To the natural question whether there is an opportunity not to lose your money and make a profit, I will answer yes. Yes, there is such an opportunity ... Hurry up to be the first to know about...

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Wave III ended. A large correction IV is being constructed. A variant of the triangle is possible for fundamental reasons that do not confirm the strengthening of the dollar.