AUDCHF TRADE UPDATEIn this video, we take a look at AUDCHF and our current position.
We nearly got stopped but the price reversed from the key resistance and continued lower.
Now we are heading towards targets we need to look to manage the trade.
Blueberrymarkets
USD DROPPING...In this video update, we take a look at the USD and how the recent weakness is affecting
other markets. We also talk of using the strategy more recently on the Dow Jones and how it
would have played out in your trading.
CHARTS TO WATCH FOR THE WEEK AHEADIn this video update, we take a look at some key charts to watch for the week ahead.
GOLD is our main priority for long opportunities as the seasonal pattern suggests which
could lead to more of a risk-off environment.
SIMPLE TRADING STRATEGY...EURUSD EXAMPLEIn this video, we take a look at a simple trading strategy that you can implement in your trading.
The strategy also points out a potential opportunity for EURUSD.
EURCAD TRADE UPDATEIn this video update, we take a look at our EURCAD position and how we are managing the trade.
USDCHF AT KEY RESISTANCEUSDCHF price is currently back at the daily range highs where the price could find resistance.
Looking to the 4hr timeframe we can see the price forming a double top pattern and if the
price breaks through the lows of the pattern we expect to see a move lower.
CHARTS IN FOCUS In this video update, we take a quick look at what our bias is for the week ahead and where
we should be focusing some attention.
The AUDUSD is approaching the key current monthly lows and if the price breaks and closes
below we can look to continue to short the currency pair as the trade deal continues to break
down between the US and China.
Gold is dropping back into a key support area where we could see another impulse move from
the weekly timeframe.
USDCAD APPROACHING KEY RESISTANCEUSDCAD is approaching the key range highs where we could see the price find resistance.
Ideally, we would want to see the price reject the 1.3350 level and close below on the daily
the timeframe in order to look for short opportunities.
NZDCAD 4HR TRENDIn this video update, we take a look at NZDCAD as the trend on the 4hr timeframe remains clear.
The monthly analysis suggests looking for long opportunities and the price is making its way up to the
key resistance.
If the price retraces to the recent breakout highs we will look for long opportunities.
NZDUSD TO MOVE HIGHER?In this video update, we take a look at the NZDUSD as the price
has recent burst through the Monday candle high suggesting we could
see a continued move to the upside. Looking at the lower timeframe the key moving
averages are lining up in line with a long bias.
RISK OFF CHARTS TO WATCH...AUDJPY, USDJPYIn this video update, we take a look at the risk-off pairs to watch in the market.
This is due to the trade deal between the US and China breaking down as some reports
are suggesting China will wait for the decision of Trump's impeachment.
AUDJPY is a great chart to watch to determine the sentiment of the market.
GOLD TRADE UPDATEIn this video, we take a look at the GOLD trade we placed in the telegram channel as the
price approaches the halfway mark on our target.
We cover what we expect to see next and how we will manage the position.
THE RBNZ SHOCKS THE MARKET...NZDUSD UPDATEYesterday we expected to see the RBNZ cut rates by 0.25% however they left rates unchanged.
The RBNZ also stated they don't see any need to cut rates further at the moment which will likely strengthen to NZD further.
This decision saw the NZDUSD price jump and break above Monday's highs. If the price retraces to the Monday highs
we could look for a long opportunity.
GOLD LONG OPPORTUNITY Gold is currently re-testing a key area of support where we are likely to see some buyers step back into the
market. Technically the RSI has gone into an oversold condition at the support adding further confluence to our short-term
bias. On the lower timeframe, we can see a minor resistance level that needs to be broken before considering a long opportunity.
AUDJPY TO MOVE LOWER?In this video update, we take a look at AUDJPY as the weekly timeframe suggests we could see a
move lower back to key support. When the market continues to close within a previous week's
range we typically see a move in the opposite direction. Also, the RSI indicator highlights a potential
resistance area where price could move lower from.
AUDCAD MULTI TIME FRAME ANALYSISIn this video update, we take a look at AUDCAD as the price forms a bullish rejection of the demand zone
on the monthly timeframe. We break down the timeframe in order to look for a long opportunity on the
4hr timeframe.
USDJPY WHAT NEXT?In this video update, we take a look at USDJPY as the price continues to remain stuck at the key 109.00 resistance.
Strength and weakness tables suggest the JPY is weak along with seasonal patterns giving us a short JPY bias.
This means that the price is more likely to break above the support than hold.
KEEP AN EYE ON OIL PRICESIn this video update, we take a look at Brent Crude Oil as the price looks likely to begin a new
phase on the monthly timeframe. The monthly candlestick high has already been taken out suggesting
we could see some further upside to come.
Technically we would want to see the daily candles close above the recent daily highs for the market
to then use as support moving forward.
NZDUSD TO MOVE LOWERNZDUSD is currently finding resistance at the key resistance level where the price tested recently.
The failure to break and close above the previous swing highs suggests the buying momentum is falling
short and we should expect a move back into the support lows.
GOLD LONGS ABOVE $1520.00In this video update, we take a look at Gold as the price is approaching the key $1520.00 highs.
Recently the stock markets have found resistance seeing investors move back from a risk-on sentiment
to a risk-off sentiment with the safe havens gaining value. If Gold can break and close above
the $1520.00 level we could look for long opportunities into the weekly swing highs.
USD INDEX AHEAD OF THE FOMC RATE CUTIn this video update, we talk about the USD and what we expect to see ahead
of the FOMC rate statement this evening. The Fed is likely to cut rates by 0.25% and
if they continue to discuss further easing we could see the USD weakness continue.
EURUSD LONG TRADEEURUSD has re-tested the key support level and is potentially forming a double bottom pattern
on the 4hr timeframe. We could look to enter above the candle high with stops below the key level.
Targets would be the current swing highs.
AUDJPY CHART TO WATCHIn this video update, we take a look at our chart to watch this week in AUDJPY.
Fundamentals:
Trade talks between the US and China have been positive suggesting a move to a risk on market with safe havens selling.
The BOJ is talking of moving rates further into the negative in a bid to devalue the JPY.
Technicals:
The monthly timeframe is bullish bouncing from the key lows, the daily timeframe is testing the previous
breakout highs as support. The 4hr timeframe is bouncing from the averages and could take out the current
highs.
