Κυριακή 31 Ιανουαρίου 2016
Παρασκευή 29 Ιανουαρίου 2016
Technical Analysis AUD/USD
AUDUSD in consolidation mode after rising above 0.7130 level. An hourly close under 0.707 expose support at 0.70. Alternatively, a reversal above 0.7130 clears the way for a test of 0.7185
Technical Analysis GBP/USD
GBPUSD primary daily trend still has a downward bias but market is showing some strength with the 3 rising tops formed. Pair remains highly volatile and and break of the consolidation area below 1.4230 may lead to a resumption of the move to the downside.
Technical Analysis USD/CAD
We have a continues downtrend in which the price has penetrated the main support levels which now work as our resistance levels. Since the price is struggling and retesting the resistance levels along with downtrend trendlines, we shall be opening a SHORT position.
Technical Analysis AUD/USD
We can see that we have a correction after the new high some days ago with a very strong resistance at 0, 7630 which was retested to go down. We go short at 0, 7625, setting a take profit above our first resistance and our uptrend trend line to 0, 7585 and our stop loss well above our support at 0, 7650
Technical Analysis GBP/USD
GBPUSD is in a bullish trend on H1 and different Times Frames Buy on lower TF M15 on a low point.
Technical Analysis USD/CAD
As the usdcad broke the 1.40200 we shorted down to the 38.2% retracement confluence level yesterday at 1.39600. Sellers are advised to watch and look for a break of this 38.2% to target our next support point which is around the 1.38000 levels. You can also go short at the 1.40300 / 1.40500 levels with tight stops and hold the position for a break of the lows to target our 50% retracement extension at 1.37500.
Technical Analysis EUR/USD
The fx pair on Daily TF is in a range after its first up movement and the second upper leg is in development or maybe waited to begin to develop. On H8 the market is in a strong narrowing range. And this can add extra versions to the upcoming on both H8 and Daily TF. Only one thing is getting clear after the last few days’ movement that one bigger up move is still front of the market. But before that the smaller timeframes will decide how far they want to move. But finally for the day SHORT positions has got more percentage.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
Technical Analysis EUR/USD
EUR USD. Price has pulled back to daily pivot, just below is a strong area of support, confirmation from 1hr 4hr & daily charts At a figure @1.09200 waiting for good price action and momentum to go long to make a new high for the day.
Technical Analysis USD/JPY
- At Pivot, price consolidated and recover. Go Long at this level. SL at 118.00. TP at R3
- At R3, price weakening. Short at this level. SL at 121.70.TP at R1
- At R3, price weakening. Short at this level. SL at 121.70.TP at R1
Πέμπτη 28 Ιανουαρίου 2016
Technical Analysis GBP/USD
The GBP turned higher against US Dollar after finding support at 1.51. As long as price is contained by channel support, upside remains possible. But a convincing closing 1H bar below 1.5150 is needed to trigger another leg lower in the cable.
Technical Analysis EUR/USD
A strong resistance is at 1.0920. An uptrend momentum breaks R1 and it gives a Sell Signal.
Technical Analysis EUR/GBP
The fx pair has an uptrend move since January 26. The strong support at 0.76062 (S1) together with the downtrend trend line from January 21 (when the price tried to retest it again), gives us good signal to go long .
Technical Analysis Brent(US Oil)
An interesting development is occurring on the US Oil Daily timeframe. Inverted Head & Shoulders are often powerful moves. Should this be the case look for a break of the neckline and then enter on the retest of the neckline for Buy positions. Stops should be placed below the right shoulder and your Take profit will be around the 38.00 level. Keep an eye on USOil at the 34.000 level to offer resistance. Remember that Oil is driving the market (usdcad) at present. Higher Oil = lower usdcad.
Technical Analysis USD/CAD
Waiting to retest the resistance at 1.4090 and go SHORT at 1.4085 with TP 1.4060 and SL 1.4120
#usdcad #forex #fxtrading #investing #traders #fxtraders #trading #fx
#usdcad #forex #fxtrading #investing #traders #fxtraders #trading #fx
Technical Analysis USD/CAD
Trading idea today. Sell usdcad on a break of 1.40200 and look for the first target of 1.39500 which is a 127% fib extension from the last high to lows. Use small position sizes and tight stops. Confluence around this area comes in at the major 38.2% retracement at 1.39700/1.39600 which is also around S2 support. Ultimately we are looking for 1.38500/1.37500 but intraday take snippets out of this choppy market. Bear in mind any rallies to 1.41000 will be sold. Keep an eye on USOil at the 34.000 level to offer resistance and slow the usdcad trend down.
Technical Analysis EUR/USD
Pull back to the MA and 38 Fib level we take an entry stop of 15 pips Target we will keep a close eye on the pair even with the good news coming out for the dollar Euro keeps pushing back looking for signs of weakness in euro. MM once price is back up around 1.09 level stop will go to BE and continue monitoring price.
Technical Analysis EUR/USD
The fx pair on Daily TF is in a range after its first up movement and the second upper leg is in development. On H8 the market is in a strong narrowing range. And this can add extra versions to the upcoming on both H8 and Daily TF. From closer view H2 showed two upswings after a strong up move which length were the same. Also RSI seems to hold under 67 and turned down. This adds more percentage to that the market turned downward and SHORT positions for the upcoming is good to take. To TP better to sink about the surrounding of S1 because around the level the market will decide for the future.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
Technical Analysis EUR/USD
- At Pivot, price consolidated and recover. Go Long at this level. SL at 1.0820. TP at R2.
#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
#eurusd #forex #fxtrading #investing #traders #fxtraders #trading #fx
Technical Analysis EUR/USD
EUR USD. Price has pulled back to daily pivot where it is consolidating awaiting the next move higher to the next level of support.Buy with market momentum at Euro open.
Τετάρτη 27 Ιανουαρίου 2016
Technical Analysis EUR/USD
The fx pair on Daily TF is in a range after its first up movement and the second upper leg is in development. On H8 the market is in a strong narrowing range. And this can add extra versions to the upcoming on both H8 and Daily TF. From closer view H2 shows a little bit more for the next. Two up movements just seems finished and something new is developing. From this view it is given more percentage to take SHORT until S1. But after… wait, see and redesign
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
Technical Analysis EUR/USD
A strong resistance area was between 0.7600 and 0.7610. Waiting until a new top was formed at 0.7610 and bidding for 15 pips was a certain decision.
Technical Analysis EUR/GBP
Strong Support level at 0.7590 with a valid uptrend.Go Long at 0.7593 with TP 0.7625 and SL 0.7565
Technical Analysis GBP/JPY
GBP/JPY edged higher on Tuesday after it found support marginally above the 166.80 (S1) support line. However, the advance was halted once again slightly below the 170.50 (R1) resistance level. The pair printed a higher low near 168.80 (S1), something that keeps the short-term outlook cautiously positive. A clear move above 170.50 (R1) would confirm a forthcoming higher high and is possible to initially target the 172.00 (R2) zone. The RSI looks ready to rebound again and perhaps aim for the 70 line, while the MACD stands above both its zero and trigger lines, pointing north. These indicators reveal positive momentum and magnify the case for further advances. Zooming out to the daily chart, I see that on the 21st of December the rate fell below the 180.50 key hurdle, which is the lower bound of the wide range the pair had been trading since the 25th of August. I would still consider the medium-term picture to be negative and I would treat the recovery started on the 21st of January, or any extensions of it, as a corrective phase, at least for now.
Technical Analysis USD/CAD
The bearish engulfing pattern is visible once again after last night’s price action. Daily momentum favours short positions. Today is a 38.2% resistance level that came in at 1.41500 (which has already been met). This should offer an opportunity to re-short at or near this level again. Bear in mind FOMC positioning today. Go short at suggested levels looking for an initial target around the 1.38500 level and a secondary target around the 1.3750 level. Alternatively go short on a break of 1.40400 lows for a target of 1.38500 with tight stops.
Technical Analysis GBP/JPY
A strong support at 169.006 and after trying to retest the downtrend trend line from January 22, it signals to go long right when it touches S1.
Technical Analysis EUR/USD
Entry BUY on a correction/pullback above the pivot point. The main trend is bullish on multiple TF.
Technical Analysis EUR/AUD
EURAUD is approaching a conjunction of an H4 Uptrend support line and horizontal level (S1).
We expect a Bullish reaction here to R1 and R2 in extension.
We expect a Bullish reaction here to R1 and R2 in extension.
Technical ANalysis GBP/JPY
- At Pivot, price consolidated and recover. Go Long at this level. SL at 169.10. TP at R2
- Or, at S2, price broke through strongly. Short at this level. SL at 169.30. TP at S3
- Or, at S2, price broke through strongly. Short at this level. SL at 169.30. TP at S3
Τρίτη 26 Ιανουαρίου 2016
Technical Analysis EUR/JPY
EURJPY continue to consolidate after finding resistance level at 128.5, the potential for a move above the resistance seems possible. Alternatively a turn below 127.8 would suggest price returning back in the direction of 126.
Technical Analysis GBP/JPY
The pair is completing an advance pattern (Cypher) into a nice Apex formation. High probabilities are the that price will react in that zone.
Technical Analysis USD/JPY
The fx pair USD/JPY should be sold on upswings as the upcoming FOMC meeting is expected to be dovish and the BoJ is widely expected to not ease policy this week. Moreover, oil fell below $30 today and chinese shares ended at 14 month-low increasing risk-off sentiment.
Techncal Analysis EUR/USD
The fx pair on Daily TF is in a range after its first up movement and the second upper leg is in development. On H8 the market is in a strong range and after its first up move. The resistance level S1 held the market but H8 still needs to give a sign before it begins to move upward which sign can be when RSI will hold over 38. H2 seems turned down with a really strong candle. And it opens the way to move the market down. On this move lot will depend. One possibility is down to the chart which have more percentage. But on the other way if the down move will move so deep than the options for the future is much wider.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
Technical Analysis GBP/JPY
The downtrend holds after a 2-day and our analysis today indicates that we have a strong resistance at 167, 90 that is being penetrated. The two trend lines strengthen our resistance thus we go short at 168, 00 setting our take profit at 167, 50 and our stop loss at 168, 25.
Technical Analysis USD/CAD
The Daily Bearish Engulfing pattern is still in play and SSI is changing to favour shorts as Retail traders keep cutting Long positions. With Oil hovering around its 61.8% retracement of the corrective recent rally we are still looking for a decent short idea on this pair. A confluence at the 38.2% resistance level comes in at 1.43300. Go short at suggested levels looking for an initial target around the 1.40000 level and a secondary target around the 1.3850 / 1.3750 level. Alternatively go short on a break of 1.4150 for an initial target of 1.4040 with tight stops.
Technical Analysis EUR/USD
At Pivot, price consolidated and recover. Go Long at this level. SL at 1.0790. TP at R2
Technical Analysis EUR/USD
Looking for price to climb to the next S/R level at 1.0876 the reverse back to the daily pivot
Δευτέρα 25 Ιανουαρίου 2016
Technical Analysis EUR/USD
EURUSD in consolidation mode after rising above 1.08 level. An hourly close under 1.0790 expose support at 1.075. Alternatively, a reversal above 1.085 clears the way for a test of 1.09
Technical Analysis EUR/USD
The fx pair on Daily TF is in a range after its first up movement and the second upper leg is in development. On H8 the market is in a strong range and after its first up move. The resistance level S1 held the market but H8 still needs to give a sign before it begins to move upward. H2 moved out to the sustainable bear territory which shows the market will try to form minimum one more downswing with a lower low. To trade first fallow H2 yellow dashed lines. But careful because the market can turn again down between R1-R2 easily. If RSI will hold under 67 it will be better to get ready for the next downswing.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
Opening a position: in every M15 pullback end to the given directions. Every time it is important to take care for the contexts.
Technical Analysis EUR/JPY
Eur Jpy good price action for reversal at the daily pivot, double bottom formed on an upward trend line and making new higher lows, looking to go long at pivot.
Technical Analysis EUR/GBP
The fx pair EUR/GBP is re-gaining bullish momentum after a 3 days of lower closes. If it breaks above the trendline at 0.7630 levels strongly then it makes for a good position to get into a long position.
Technical Analysis GBP/USD
GBPUSD primary daily trend still has an upward bias but this may be weakening as the market appears to be rolling over after the high at 1.4361 formed on Friday. Shorter term the pair is in neutral territory with a slight bias to the downside.
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