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WILL NZD/JPY FALL TODAY?TECHNICALS We note that price has been making some good swing moves until coming to our new support zone of 80.113 which is also at the retracement level of 61.8 pf the fib. from within this zone we also note on the 4H time frame that there are two touches of the support zone along with a touch from the bearish trendline. We bullish for the time being but if there is a bearish move that breaks the support zone ill wait for a pull back then we will sell. FUNDAMENTALS TOO LOOK OUT FOR N/A for any news updates week your eye on fx street
Long
by LUNGU_FX
IS SELLING USD/JPY A GOOD MOVE ??TECHNICALS Well to begin we have seen market peck last week at the price of 114.712 and since then bears have been in control not allowing the bulls to break the trend line however, bulls may now have a chance to do just so as we have come to a support zone on the 4 hour timeframe. if there is a bullish move forming we will wait for pull back to support then buy. if there is a bearish break out we will start selling between 113.265 and 113.270. So in short this will be a waiting game FUNDAMENTALS TO LOOK OUT FOR MONDAY, NOVEMBER 8 18:50 USD Fed's Evans speech 23:30 JPY Current Account n.s.a.(Sep) TUESDAY, NOVEMBER 9 13:30 USD Producer Price Index ex Food & Energy (YoY)(Oct) 14:00 USD Fed's Chair Powell speech 16:35 USD Fed's Daly speech MORE NEWS AVALIABLE ON FX STREET
Short
by LUNGU_FX
EUR/NZD - FAST CASHHHTECHNICALES we are in a good space for the pair as there has been some clear rejection of the resistance zone of 1.61500 once again proving it to be a strong one once again. ill be expecting price to move to resistance zone within the next day or two. if market does however break below the support we will wait for a pull back to support then sell. FUNDAMENTALS TO LOOK OUT FOR TUESDAY, NOVEMBER 9 07:00 EUR EcoFin Meeting EUR Trade Balance s.a.(Sep) 10:00 EUR ZEW Survey – Economic Sentiment(Nov) EUR ZEW Survey – Current Situation(Nov) EUR ZEW Survey – Economic Sentiment(Nov) 13:00 EUR ECB's President Lagarde speech 16:00 EUR ECB's Schnabel speech MORE AVAILABLE ON FX STREET.
Long
by LUNGU_FX
A GOLDEN OPPORTUNITYTECNICALS we note on the 4h time frame that price has come to to its support zone after a few strong bearish moves the RSI is indicating that price is over sold and could be moving bullish quite soon. In the evcent that market brakes below support wait for retest then sell FUNDAMENTALS TO KEEP AN EYE ON THURSDAY, NOVEMBER 4 12:30 USD Goods and Services Trade Balance(Sep) USD Nonfarm Productivity(Q3) PREL USD Initial Jobless Claims(Oct 29) USD Unit Labor Costs(Q3) PREL USD Initial Jobless Claims 4-week average(Oct 29) MORE NEWS ON FX STREET
FOREXCOM:XAUUSDLong
by LUNGU_FX
CAN WE SELL NZD/JPY ??TECHNICALS to make my analisys more simple i have made arrows as hints We are not buying or selling as yet we will wait for market to come to the new support zone at 81.720 then buy or brake above and retest resistance at 82.100 then buy so that we do not miss this move we will be setting buy stops and buy limits at support and resistance FUNDAMENTALS NTO KEEP AN EYE ON MONDAY, NOVEMBER 1 21:45 NZD Building Permits s.a. (MoM)(Sep) 23:50 JPY BoJ Monetary Policy Meeting Minutes TEUSDAY, NOVEMBER 2 21:45 NZD Participation Rate(Q3) NZD Labour Cost Index (QoQ)(Q3) NZD Labour Cost Index (YoY)(Q3) 21:45 NZD Employment Change(Q3) NZD Unemployment Rate(Q3) 22:00 NZD RBNZ's Governor Orr speech AUD Commonwealth Bank Services PMI(Oct) MORE NEWS RELEASES ON FX STREET
Long
by LUNGU_FX
GBP/JPY TRIANGLETECHNICALS we are a bullish flag pattern across the board for JPY pairs so i will be expecting a bullish move for the this pair for the best few days but lets gets started!!! 1- we see that the market has broken above the previous high and has made some bearish and bullish moves creating the green triangle you see. 2- Price on diffrent occasions has failed to break below newly created support zone. in case market falls below support wait for a pull bank to support then sell FUNDAMENTALS TO KEEP AN EYE ON MONDAY, NOVEMBER 1 23:50 JPY BoJ Monetary Policy Meeting Minutes more news available on fx street
Long
by LUNGU_FX
1
GBP/JPY WHAT NOW ??TECHNICALS This pair has been a bullish monster for a while now and the question many are asking is "will the pair fall at last, has it maxed out, are banks looking to sell?" well here is what I think. after the bulls rally to the new daily high of 158.160 price started moving down and many thought this was the bearish move needed. however this bearish run may simply be seen as a bull back as market has come down to the previous high of 156.070 now resistance because we can see market has failed to break below. market has been also playing within the bullish flag pattern (bullish sigh). however if market breaks below pervious high wait for retest then sell. FUNDAMENTALS TO LOOK OUT FOR MONDAY, NOVEMBER 1 23:50 JPY BoJ Monetary Policy Meeting Minutes MORE NEWS AVAILABE ON FX STREET
Long
by LUNGU_FX
BITCOIN BUY!!TECHNICALS Bitcoin this bitcoin that. what do I actually need to know? well you have come to the right place. bitcoin has been playing been playing within the bullish flag pattern for about over a week and we have just noted after price had come to the a support zone of 57005 the buyers were so strong that price had been pushed over 10000 pips within 2 days breaking above the bearish trend line ill be waiting for market to touch the trend line once more then i will place a buy. buy limits and stops around the level 61000 will also be my game plan as im mot always on the markets. FUNDUMENTALS TO LOOK OUT FOR 13:45 USD Markit Manufacturing PMI(Oct) 14:00 USD ISM Manufacturing Employment Index(Oct) USD ISM Manufacturing PMI(Oct) USD ISM Manufacturing Prices Paid(Oct) USD ISM Manufacturing New Orders Index(Oct) USD Construction Spending (MoM)(Sep) 15:30 USD 3-Month Bill Auction 15:30 USD 6-Month Bill Auction 18:00 USD Loan Officer Survey(Q3) MORE AVAILABLE ON FX STREET
BITSTAMP:BTCUSDLong
by LUNGU_FX
1