As we all know Bitcoin has seen a very nice recovery off the 2018 lows! - But now many are wondering how much of this upward movement can last.. Are you on the curiosity train? I know I am :D Did you miss buying the dips at 3k? I see this dip as a opportunity for bulls to add on.. this move just started when 3 wave targets are new ATH's. Gold has had a...
Hello all - DuncanForex with another trade idea With USD gaining strength - I am looking to go long on USDCAD I missed the 4hour bullish engulfing this afternoon therefore I am entering on the daily chart - with also a buy limit set at the 50% retrace point so if that triggers I will have a larger lot size I am looking for 2 targets - first arrow is the...
Welcome to Flowtradeco, I plan to provide Technical and Fundamental Analysis for Forex pairs and Crypto-Currency Markets several times a week, Tap in! - 1 HOUR Hit resistance around 137.14 currently bearish i found this area by noticing the market failing to break higher multiple times on the smaller time frames* 4 HOUR Bearish momentum starting to build...
Advanced Micro Devices has been trading sideways while many big-name companies have collapsed in price. AMD continues to show strength in the upside runs within the sideways candlestick pattern.
Hello traders. During the London session this morning we are seeing consistent strength in the Swiss Frank with all pairs increasing in value. Meanwhile the opposite is true for the Japanese Yen - all pairs are down making the Yen weak. The result of strong vs weak is a trend. Our pick today is the CHF/JPY pair for a long position. Here's why.. CHF Pairs:...
Good morning traders, the London session is well under way now and we have an excellent opportunity to go long on the EUR/GPB as we see the pair breakout to the upside. In the background we see all GBP pairs falling and all EUR pairs rising in price - here's a breakdown of each pair since the start of the London session. EUR Pairs:...
Welcome traders around the world to this new trading idea! We are looking at the EURGBP pair today and looking for short positions on this pair. The two horizontal black lines do mark a daily gap, which was filled with the latest price moves. Price did form a new peak high during this uptrend and we want price to do a nice top before its breaks down. Trend...
Hello traders... The New Zeland Dollar continues to see heavy selling across all currency pairs as we continue through to the New York session. Fresh strength is now coming in on the Swiss Franc giving us a new opportunity to short with the NZD/CHF pair. Here's a breakdown of each pairs price movements since the start of the London open this morning: NZD Pairs:...
Good morning traders. The London session is well underway this morning. Since the start of the session the USD is gaining points on all pairs whilst the opposite is true for the NZD. The combination of strength and weakness between the two currencies makes the Kiwi Dollar an excellent pair to short. USD Pairs:...
With the London open well underway, the Canadian Dollar is losing points across all pairs. This gives us a low risk opportunity to score some early pips for a quick profits if we play the CAD weakness against one of our stronger currencies. CAD Weakness: USDCAD +0.18% NZDCAD +0.15% GBPCAD +0.10% EURCAD +0.27% AUDCAD +0.06% CADCHF -0.29% CADJPY -0.46% Today's...
Playing GBP weakness against the strength of the Japanese Yen for a quick turn around. 60 pip stop loss with 120 pip take profit. This morning in the London session we have seen the British Pound continue its downtrend across all pairs: GBPUSD -0.11% GBPNZD -0.14% GBPCAD -0.04% GBPAUD -0.02% GBPCHF -0.19% GBPJPY -0.31% EURGBP +0.16% The strength in the...
Square, NYSE:SQ , hasn't performed nearly as strongly as the rest of the market that has just about surpassed their previous highs from the lows of late 2018. Other stocks in the Fintech space, such as NASDAQ:PYPL , NYSE:V , NYSE:MA , and NASDAQ:INTU have been extremely strong, already making all-time highs. Square is a clear industry laggard, with a lot of...
We expect to see CHF continue its pattern. CHF should see significant and reliable strength starting late this week. CHF/XXX = / bullish XXX/CHF =\ bearish *Generally, (XXX) matters just as much! Also as we see AUD, USD, CAD, potentially GBP weakness CHF and these pairs would make good potential trades. Next few weeks: Bullish: CHF, JXY (JPY)(LongTerm),...
The aussie looks like its gaining some strength! This in an idea, not a signal. Happy trading!
What are your thoughts on NZD INDEX? We could see a short term strength back up to the top of the trend followed by nice weakness...?
CHF strength? Let us know what you think... XXX/CHF - Bearish? CHF/XXX - Bullish?
Monthly chart of Dollar index suggesting further upside. DXY bounced off 0.5 Fib with precision, broke 0.382 and now closed above 0.236 with a strong weekly candle. Retest of 102-103.5 is imminent in my view. * Consider US stock market topping behavior as of late, strong dollar would push stocks and commodities under more pressure. Although this is temporary...