Awaiting a retest off 115.359 on CADJPY, if we fail to retest off 115.359 we will look to make a second entry from 114.771. VPOC shows us strong bullish momentum building from traders further adding confidence to our analysis. The much preferred 2 take profit system will be implemented on this setup with our first target level at 118.269 (net 2.54%) and the second...
Today’s Hypothesis Risk Barometer AUDCAD retraces of lows after entering a key rejection area. Underlying fundamental themes keep AUDCAD negative. Rate now trading at a key resistance zone at c.95.20. Long-term bias persists to the downside. Bulls need to work extremely hard to change the technical outlook for the pair. Key topside levels may offer bears some...
Today’s Hypothesis GBPCAD has been range bound between fib points 1 65481 and 1.80569, we are currently in between both range levels and coming close to our .3 level of pivot, we currently expect a bounce off the level a further buying pressure taking GBPCAD all the way to 1 79541. If we see .3 level broken with more than 20% market volume we will force exits...
We have a 3 wave formation forming on AUDNZD. (A) wave confirmed from 1.07797 to 1.09223 and our projected wave (B) is from 1.08339 to 1.09762 wave (C). Whilst wave (C) is forming we will implement a 2 take profit system, half position close and breakeven adjustment will take place at 1.09223 (142 pips) and full trade liquidation at 1.09762 (197 pips).
We have a 3 wave formation forming on USDJPY. (A) wave confirmed from 107.568 to 104.203 and our projected wave (B) is from 104.203 to 106.480 wave (C). Whilst wave (C) is forming we will implement a 2 take profit system, half position close and breakeven adjustment will take place at 104.203 (227 pips) and full trade liquidation at 102.894 (360 pips).
We have a 3 wave formation forming on USDCHF. (A) wave confirmed from 0.94694 to 0.90508 and our projected wave (B) is from 0.90508 to 0.93098 wave (C). Whilst wave (C) is forming we will implement a 2 take profit system, half position close and breakeven adjustment will take place at 0.90508 (257 pips) and full trade liquidation at 0.88898 (418 pips).
We have a 3 wave formation forming on NZDUSD. (A) wave confirmed from 0.65028 to 0.67164 and our projected wave (B) is from current market price (0.65975) to 0.67968 wave (C). Whilst wave (C) is forming we will implement a 2 take profit system, half position close and breakeven adjustment will take place at 0.67164 (130 pips) and full trade liquidation at 0.67968...
We have a 3 wave formation forming on AUDUSD. (A) wave confirmed from 0.70761 to 0.72410 and our projected wave (B) is from current market price (0.71822) to 0.73235 wave (C). Whilst wave (C) is forming we will implement a 2 take profit system, half position close and breakeven adjustment will take place at 0.72601 (111 pips) and full trade liquidation at 0.73235...
We have a 3 wave formation forming on EURGBP. (A) wave confirmed from 0.90469 to 0.89810 and our projected wave (B) is from current market price (0.90413) to 0.89810 wave (C). Whilst wave (C) is forming we will implement a 2 take profit system, half position close and breakeven adjustment will take place at 0.90060 (40 pips) and full trade liquidation at 0.89810 (66 pips).
We have a potential wave setup forming on USDCAD. Leg one formation from 1.34825 to 1.33322 which is the trigger point of wave B. If we see wave B form which is selling pressure from current market price down to 1.34071 (our entry point) we will begin adding our buy positions on the asset and take half profit from 1.33322 as well as locking in the remainder of the...
We have a potential wave setup forming on EURJPY. Leg one formation from 124.287 to 123.169 which is the trigger point of wave B. If we see wave B form which is selling pressure from current market price down to 123.169 (our entry point) we will begin adding our buy positions on the asset and take half profit from 1124.287 as well as locking in the remainder of...
We have a potential wave setup forming on AUDNZD. Leg one formation from 1.06504 to 1.07548 which is the trigger point of wave B. If we see wave B form which is selling pressure from current market price (1.06962) down to 1.06901 (our entry point) we will begin adding our buy positions on the asset and take half profit from 1.07548 as well as locking in the...
We have a potential wave setup forming on CADJPY. Leg one formation from 78.747 to 79.737 which is the trigger point of wave B. If we see wave B form which is selling pressure from current market price (79.452) down to 79.244 (our entry point) we will begin adding our buy positions on the asset and take half profit from 79.855 as well as locking in the remainder...
We have a potential wave setup forming on EURCHF . Leg one formation from 1.06073 to 1.07967 which is the trigger point of wave B. If we see wave B form which is selling pressure from current market price (1.07409) down to 1.07015 (our entry point) we will begin adding our buy positions on the asset and take half profit from 1.08192 as well as locking in the...
Trade Analysis Based Around Market Liquidity We have a potential wave setup forming on CHFJPY . Leg one formation from 113.025 to 114.382 which is the trigger point of wave B. If we see wave B form which is selling pressure from current market price (114.174) down to 113.707 (our entry point) we will begin adding our buy positions on the asset and take half...
We have a potential wave setup forming on AUDCAD. Leg one formation from 0.94339 to 0.95117 which is the trigger point of wave B. If we see wave B form which is selling pressure from current market price (0.94895) down to 0.94732 (our entry point) we will begin adding our buy positions on the asset and target 0.95504 which is our final leg up and it will net us 74...
We have a potential wave setup forming on XAUUSD. Leg one formation from 1795.303 to 1811.842 which is the trigger point of wave 2. If we see wave 2 form which is selling pressure from current market price (1810.046) down to 1803.573 we will begin adding our buy positions on the asset and target 1820.200 which is our final leg up and it will net us 1,662 pips profit.
We have a pending sell limit order with the trigger point set at 0.94806, entry is currently based a fib pivot of 0.5 and MA closing in to current price level. If the trade does trigger we have placed our take profit levels at 0.93626 which will give us a total of 118 pip profit.