1hour
USDCHF Potential BUY Scratch Setup On 1 Hour ChartBy AGI Studies >>> USD downward composed and checked for the red cross Franco against USD , which stores the session down 1.18% on the previous values.
Clearly deteriorating technical picture with control media estimated at 0.9612 area. On the upside, however, a polarizing layer further outflows seen at 0.9842 level. The deterioration of the Swiss franc against the US dollar has highlighted the intersection downward moving average 5 days with the moving average 34 days. A brief are concrete possibilities of new descents...
SHORT POUND SWISSY GBP/CHF 1 HOURStrong downtrend indicated from past analysis. major bullish price action have taken indicated by the EMA. Remember these are the 'past' prices, anyway first target is 1.2854 level if the down trend continues for a longer term i think it can touch the 1.278 level for sure. stoch and RSI confirming short overbought like crazy.
AUDUSD Potential SELL Scratch Setup On 1 Hour ChartBy Investing.com >>> AUD/USD held steady at 0.7615, the highest since July 15.
Data earlier showed that China’s official manufacturing purchasing managers’ index ticked down to 49.9 in July from 50.0 the previous month, compared to expectations for an unchanged reading.
However, the Caixin manufacturing PMI rose to 50.6 last month from 48.6 in June, compared to expectations for an uptick to 48.7.
AUDUSD Quick Scratch Setup 7/19/2016 1 Hour Heikin Ashi ChartA quick setup for AUDUSD on 1 Hour Heikin Ashi Chart...
What Nawab says? (Our Contributor)
AUD fell 1% low after central bank meeting move an open door for a move in August, though Australia is still recovering from major drop in commodity prices, and additionally the employment rate in Australia is stabilize...
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USDJPY Updated Scratch Setup 7/18/2016 1 Hour Heikin Ashi ChartWe are back with all in all USDJPY Potential Updated Scratch Setup 7/18/2016 On 1 Hour Heikin Ashi Chart
What Nawab says? (Our Contributor)
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GLOBAL MARKETS-U.S. stocks hover near record highs, oil falls and also Japanese Yen fell after the failed Turkey Coup. USD rose above JPY currently.
We are searching for contributors who can give a hand by sharing their trading strategies with us, so that we'll update them into our published idea descriptions, PM me now if you are interested...
All update will be updated here with in this thread, so STICK with us...
Potential Cypher Pattern GBPUSD LongHello Traders,
We have a potential Cypher pattern if price can work its way down to our entry @ 1.2982
This completes in an area of minor support which presents a good opportunity to go long on this pair.
Target 1@ 1.3173
Target 2@ 1.3289
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EURO vs. DOLLAR VIEW 6-th JULYEuro vs. Dollar projection for this and next week. Brexit volatility calms down, market noise going to normal levels. Our view is based on 65% technical and 35% fundamental. On US open of 6-th July we expecting pair to reach new low over 1.1020. On these levels pair got high probability to change major trend on 1 hour time frame. In the beginning we expect range of 20 pips until Friday. Wish you great trading week.
Potential Bullish Cypher Pattern GBPJPYHello Traders,
We have a potential Cypher Pattern that will complete if price reaches 134.56
This provides the opportunity to go long on this pair.
Target 1 @ 136.26
Target 2 @ 137.30
Please not that the risk to reward is skewed with stops @ 132.62. But you could potentially wait for a better entry.
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-Michael
Instagram @KashMarkets
Triangle on the S&P500I see a triangle here after the break out of the head & shoulders formation formed over the last days.
I think the chance of a break out to the top is more likely so I will stay in my trade I opend at 2083 and wait what will happen.
If it breaks out to the upside I assume the targets of 2108 for the triangle and for the head & shoulders formation around 2115. I think I will close my position if it reaches a target around 2108 and be fine by that.
Good luck with all your trades
Dennis
PS: This is my opinion and nothing else, no advice at all.
Reverse head and shoulder S&P 500The S&P500 shows a nice reversal head and shoulders formation on the chart.
The S&P is moving in an uptrend for the last days and weeks. I think this formation shows good that the trend will continue after a pullback.
The neckline of this formation is also at the 38.2 fib level of the last upside move. So I expect a short term price fall back to 2083 +/-. And then the price should go up to an area around 2115-2120.