VIDEO ANALYSIS: EURNZD SWING TRADING OPPORTUNITYIn this video update, we discuss a potential swing trading opportunity on the Daily timeframe.
We spoke about this market last week as price tested the key resistance. We are looking for a bearish
rejection candle from the resistance in order to get short here. Looking at the lower timeframes we
can expect the price to break the wedge pattern. If we see a clear close below we can look for the
continuation move to the key demand zone.
Blueberrymarkets
VIDEO ANALYSIS: GOLD BREAKS NORTH...$1350 NEXTIn this video update, we take a look at the price of gold as we expect to see highs of $1350.00 very soon.
Trade tensions continue to rise between the US and China to the point of China retaliating adding extra tariffs
to US goods. Technically Gold is breaking out of the key consolidation pattern and should continue to rise
up into the key resistance.
VIDEO ANALYSIS: CRUDE OIL TO RISE NEXT WEEK?In this video update, we take a look at Brent Crude Oil as the weekly suggests we could see
further upside next week. If the current weekly candle closes back within last weeks
range we could see the market move back towards 75.00. We were expecting the price to
test the 38.2 Fibonacci retracements however this looks unlikely now with current
price action.
VIDEO ANALYSIS: SHOULD YOU BUY INTO BITCOIN?In this video update, we take a look at the Cryptocurrency market and in particular Bitcoin.
We feel that if the market stays below 7000.00 we should see another fall back towards the 4000.00
highs. If the market closes on the weekly timeframe above 7000.00 then we could look for a longer-term
bull run out of the crypto market.
VIDEO ANALYSIS: USDNOK AT KEY SUPPLY ZONEIn this video update, we take a look at USDNOK as price sits at a key supply zone.
The USD Index highlights the potential weakness to come in the USD and with
Crude oil prices stabilising after the recent inventories we could see this market
trade within the range. Technically the daily candle is showing a false breakout.
The 4hr timeframe also shows price forming a bearish channel where we could
see a bearish breakout.
VIDEO ANALYSIS: NZDJPY AT KEY DEMAND ZONEIn this update, we take a look at NZDJPY as price finds support at the key demand zone.
The RBNZ did cut rates yesterday but stated that they don't see any further cuts in the near term.
This not so dovish outlook saw the price recover quickly from its earlier lows. Technically, we are
looking for price to form a double bottom pattern before getting long.
VIDEO ANALYSIS: WATCHING NZDUSD AHEAD OF RBNZ In this video update, we take a look at NZDUSD as we expect the RBNZ to cut interest rates.
If the RBNZ continues to be dovish and talk of future rate cuts we could see the market
test the key lows at 0.64500. In these situations, we often see a reversal as the bigger
players could have priced in the rate cut. Price is testing the yearly lows currently and could
find support here.
VIDEO ANALYSIS: SILVER REMAINS AT THE KEY DEMANDIn this video update, we take a look at Silver as price remains at the key demand zone.
With the upcoming rate announcement, we could see Silver prices move higher.
Technically price looks to be consolidating towards the key demand zone. A move
above 15.10 will be ideal to look for significant silver strength.
VIDEO ANALYSIS: WTI TO $60.00In this video update, we take a look at WTI Crude Oil as price formed a weekly bearish engulfing candle off
the key $66.00. Looking to the 4hr timeframe we can see a resistance level at 64.60 where price
could continue to move from. Look for bearish signals at this level of interest.
VIDEO ANALYSIS: WHAT NEXT FOR THE USD AHEAD OF FOMCIn this video update, we take a look at the USD and how it could perform.
With FOMC coming up we can expect the Federal Reserve to be dovish in their tone
as recent data shows a fall in inflation. This will be something that the Fed will
address in their statement, any talk of cutting rates could see the USD drop
significantly however if they keep to a moderate dovish tone we expect to see USD strength continue
to the resistance zone and 161.8 fib extension.
VIDEO ANALYSIS: NZDUSD TRADE UPDATEIn this video update, we take a look at NZDUSD as we posted a trading opportunity from the daily chart.
We took this trade due to the market finding support at the yearly low. Typically the yearly highs and lows can offer support
and resistance areas for the market react from. The NZD is benefitting off the current USD weakness and if the DXY
pushes back towards 97.70 we could see further short-term upside to this pair.
VIDEO ANALYSIS: EURUSD WHAT NEXT?In this video update, we take a look at EURUSD as price looks to be confirming lower prices.
The daily chart has finally formed a lower low, and we expect this to continue however we
need to see the price retrace first.
Looking at the Fibonacci tool we can see the 127.2 and the 1.618 extensions offer good support
points where price could reverse.
VIDEO ANALYSIS: USD TO BREAK OUT HIGHER?In this video update, we take a look at the USD Dollar Index as the price is back at the key 97.70 highs.
The Fed is currently hawkish on the recent data with the potential of a hike in 2019 still on the table.
This has helped the USD push back into the key resistance and if the price breaks the 97.70 highs we
can look for further USD long opportunities across the board. Alternatively, if this level holds we can
look for USD shorts, however, this could be unlikely as other central banks are likely to cut rates
to meet inflationary targets.
VIDEO ANALYSIS: GBPJPY LONG TO 146.30In this video update, we take a look at GBPJPY as GBPUSD finds support at the key 1.3000 level. If GBPUSD holds
here we could see GBPJPY push higher also with a risk on sentiment in the markets. The Dow Jones and S&P500 are
yet to test the all-time highs and will likely do so over the next week or so. This risk on sentiment will see a sell off
in safe havens such as JPY and will help GBPJPY move higher.
VIDEO ANALYSIS: USDCHF AT YEARLY HIGHSIn this video update, we take a look at the end of day trade we placed on our telegram channel.
USDCHF has been moving towards the yearly highs for some time now as the Swiss Franc weakens.
Typically, when a market tests a yearly high, we do see a reaction from the level, which we are anticipating
to be lower on this pair. If we do see a daily bearish close here, it will cement our bias and we can look
for further opportunities to short the market.
VIDEO ANALYSIS: COULD GOLD BOUNCE?In this video update, we take a look at gold as we may have seen a false breakout at a key demand zone.
The 4hr chart is highlighting a potential double bottom pattern and if price closes back within the previous
candlestick range we could look for Gold to push higher towards $1300 again. This is an aggressive outlook
as Gold is bearish currently and the sentiment is down, but a reversal trade could form here.
VIDEO ANALYSIS: EURCHF TO REJECT HIGHSIn this video update, we take a look at EURCHF as price re-test the key structure highs.
The Swiss franc has been weak recently and could be looking to gain strength short-term.
On the 1hr timeframe, we can look for opportunities short if price can fail to break the current highs.
This gives us a good risk to reward trading opportunity if we see the false break out.
VIDEO ANALYSIS: ANOTHER SWING OPPORTUNITY ON NZDUSDIn this video update, we take a look at NZDUSD as price looks likely to move lower in line with the US Dollar Index.
If the Dollar Index finds resistance at $97.00 we can look for long opportunities on NZDUSD. Apply this method to your
trades and you may find it helps in your decision making.
VIDEO ANALYSIS: AUDJPY FINALLY BREAKSIn this video update, we take a look at AUDJPY as we anticipated the breakout higher.
Finally, we can see that the price has achieved this and we are likely to get a confirmed close above the range.
Looking at the weekly chart, we can expect this market to continue to rally to the next resistance point
at 81.90.
VIDEO ANALYSIS: NZDUSD SWING TRADE UPDATEIn this video update, we take a look at the swing trading opportunity we identified in yesterdays youtube video.
We are expecting the price to continue to move higher after finding support. As it is a Friday you can look
to manage the trade in accordance with your own trading plan.
VIDEO ANALYSIS: USDJPY TO TARGET 112.00In this video update we take a look at USDJPY as price finds support at 111.00.
With the break of the daily highs, we can assume price is heading towards the key 112.00 resistance.
A pullback into the structure highs will give us an opportunity to go long and target the key resistance.