TRADE UPDATE: CADJPY LOOKS SET FOR FURTHER DECLINESIn this video update, we take a look at our CADJPY trade posted in our telegram channel.
The market has moved in our favor overnight and looks set to continue lower as the
Canadian dollar weakens. Price rejected a key weekly resistance level and formed a
Doji candle, giving us the opportunity to enter short.
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VIDEO ANALYSIS: DOLLAR STRENGTH CONTINUESThe USD continued to move higher this week after breaking through a trendline resistance level.
Price found support at the $95.00 level and seasonality shows the USD typically gains through
February to March. If we see price re-test the $96.00 level we can look for continued
long opportunities into the key resistance of $97.60.
VIDEO ANALYSIS: AUDUSD WILL FINISH THE WEEK BEARISHIn this video update, we take a look at how the AUDUSD is finishing for the week and what to expect
going forward. The RBA left rates unchanged and the statement suggested the recent weak data was a small bump in the
road, however, Governor Lowe was quick to re-iterate that rate hikes in 2019 will be highly unlikely. If the market
closes below 0.7050 we should expect further downside.
VIDEO TRADE UPDATE: GBPUSD CLOSE TO TARGETSIn this video update, we take a look at the GBPUSD trade we placed on the telegram channel. Price found
support at a key level and with the daily candle closing bullish gave us an opportunity for some short term trades higher.
Manage the trade now with stops to breakeven or close the trade as it has moved close to targets.
VIDEO ANALYSIS: AUD200 APPROACHING CRITICAL LEVELIn this video update, we take a look at the AUD200 index and how the price is benefitting off of AUD weakness.
Price smashed through recent support levels and looks to continue on its path higher, however, we have a significant
resistance level above which may prove tricky for the price to break. If we do see further upside, the market will likely
head towards all-time highs once again.
VIDEO ANALYSIS: AUDJPY FALLS OFF THE BACK OF RBAIn this video update, we take a look at AUDJPY and how it has been affected by the RBA governor Lowes statement.
Tuesday saw the RBA hold interest rates at 1.5% however they downplayed the recent poor data in which boosted the AUD slightly.
This was short lived as the RVA Governor stated they are still concerned by the housing and wages data that they are putting any
rate hike plans on hold. This was taken negatively and the price fell. Expect further downside to this market on pullbacks.
VIDEO ANALYSIS: EURGBP TRADING IN THE ZONE + TOP TIPSEURGBP printed a bullish inside candle at the range support and upside looks likely.
I had a question recently asking about further downside in this market, and why it is important
to wait for the weekly closes. Watch the video for some top tips on staying on the right side of the market.
VIDEO TRADE: TRADING THE RETRACEMENT...USDCADIn this video update, we talk about USDCAD entering a support zone with the potential of a retracement.
Price on the daily chart formed a bullish low test candle showing buyings re-entered the market. Currently,
price is re-testing a minor support area on the 1hr chart and could move higher in line with the
daily retracement into the resistance of 1.32000.
VIDEO ANALYSIS: RBA TAKES A LESS DOVISH TONE...AUDUSDIn this video update, we take a look at the RBA's recent rate announcement.
The RBA held interest rates and despite the recent weak data they are considering it
as a minor bump in the road on the way to hiking interest rates. This was seen as a positive
by the market, and price rallied back into the trendline resistance. We have to take caution however
here as the data could prove the RBA wrong.
VIDEO ANALYSIS: NZD REMAINS STRONGIn this video update, we take a look at NZDUSD and how the kiwi has outperformed again this week
after seeing a breakout of a weekly resistance trendline. We expect this market to continue higher and
looking for a pullback to continue to get long into the resistance 0.7000.
VIDEO TRADE ANALYSIS: DAX (GER30) TO FALL In this video update, we take a look at the Dax (Ger30) index as price has stalled at a key weekly resistance level.
With growing concerns over the economic slowdown in the Eurozone, the indexes could suffer.
Dax 4hr chart shows price changing cycle which could lead to further downside.
VIDEO ANALYSIS: WHY EURAUD SHOULD BE ON YOUR WATCHLISTEURAUD is seeing further selling pressure as the eurozone economic growth is slowing combined with advanced
trade talks between China and US supporting AUD strength. Price is currently breaking through a key support
zone, if price can hold below this level we can look for further downside.
VIDEO ANALYSIS: USD TO $95.00 In this video update, we take a look at the DXY and how the USD is shaping up after the latest FOMC release yesterday.
Fed Chairman Powell took a dovish stance in the press conference suggesting rate hikes are on pause for now and that they
are continuing to focus on the data. With the large move yesterday we should expect a retracement of some kind before
any downside continuation.
TRADE UPDATE: AUDUSD HEADING FOR WEEKLY TRENDLINEIn this video update, we take a deeper look into why we placed a trade on AUDUSD and how it is currently moving.
We took this trade on a trend following system after the 4hr chart formed higher highs. Looking for this trade
to continue to push into the weekly trendline.
Follow for more updates.
AUDCAD DOWNSIDE POTENTIAL: VIDEO ANALYSISIN THIS VIDEO, WE TAKE A LOOK AT AUDCAD AND THE POTENTIAL FOR FURTHER DOWNSIDE.
PRICE IS TRENDING LOWER ON THE WEEKLY, DAILY AND NOW THE 4HR CHART.
COMBING THE TIMEFRAMES WE HIGHLIGHT AN AREA OF RESISTANCE WHERE PRICE COULD
MOVE LOWER FROM MOVING INTO NEXT WEEKS TRADING.
AUDJPY POTENTIAL DOWNSIDE CONTINUATION: VIDEO ANALYSISIN THIS VIDEO, WE TAKE A LOOK AT AUDJPY. WHY WE TOOK A SHORT,
HOW WE ARE MANAGING THE SHORT AND WHAT COULD HAPPEN NEXT.
PRICE CAME INTO THE KEY RESISTANCE AND FORMED A BEARISH DOJI CANDLE, HIGHLIGHTING
POTENTIAL DOWNSIDE. 4HR CHART HAS FORMED A HEAD AND SHOULDERS PATTERN SHOWING
A CHANGE IN CYCLE.
EURUSD DOWNSIDE CONTINUATION: ANALYSISIN THIS VIDEO UPDATE, WE TAKE A LOOK AT THE EURUSD AND HOW IT COULD PLAY OUT IN THE COMING WEEKS.
PRICE IS CURRENTLY FORMING A BEARISH WEDGE PATTERN WITH A HIGH PROBABILITY OF A BREAKOUT TO THE DOWNSIDE.
A BREAK WILL SEE SELLERS ENTER THE MARKET WITH THE TARGETS BEING THE 1.618 FIB EXTENSION HIGHLIGHTING A SUPPORT AREA.
DXY UPDATE: ANALYSISIN THIS VIDEO UPDATE, WE TAKE A LOOK AT THE USD AND HOW IT MAY BE SHAPING UP FOR
THE WEEK AHEAD. LAST WEEKS CANDLE FINISHED AS A STRONG BULLISH CONTINUATION CANDLE
AND WITH PRICE FORMING HIGHER HIGHS AND HIGHER LOWS THIS MOVE COULD CONTINUE
BACK INTO THE PREVIOUS WEEKLY HIGHS OF $97.50.
US30 PUSHES HIGHER ON TRADE WAR NEWS: ANALYSISIn this video, we take a look at the US30 and how it moves after the current development between the US and China.
China said to offer a 6-year import boost of more than $1 trillion. The US, however, would like this to happen in the next 2 but
at least negotiations seem to be moving forward.