Ukforexsignals
Eurusd Returned Back in Down Wave What Next?Hi guys, as over previous setup worked very well on eurusd as over other posts,what we see here next is that the pair may head a little more down from now so be ready to see some more downward moves in upcoming time.
Location : Eurusd H4 chart
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Pound Sterling Massively Overvalued if No Deal Brexit We are fast approaching a conclusion to the Brexit story. While no deal Brexit chances greatly increased over the past week with a short extension of April 12th, UK Parliament is still weighing over whether or not to pass May's deal, a rejection of which would even further heighten the chances of a no deal Brexit. If the House of Commons can pass May's deal, then a major crisis is averted and pound sterling may trade at higher levels or may stay muted as a deal between the two is largely priced in. If however a deal cannot be concluded and pound sterling dollar is overpriced, then we can expect to see dramatic swings lower in this pair as a no deal Brexit would certainly bring chaos to the foreign exchange and equity markets.
The politics of this situation are a bit tricky. Both sides want a deal which incentivizes some amicable conclusion to this. However, such a deal is not necessarily in the offing. Shorter duration trades could be made to the upside, but the politics remain key in price action since economic indicators and technicals are being dominated by the headlines. Much more analysis on how the politics could play out here: anthonylaurence.wordpress.com
The UK Won’t Sign the Divorce Papers, Pound Will SufferAn April 12th deadline is now looming above the heads of Europeans and the British as the UK find themselves situated as the estranged husband who refuses to sign the divorce papers. Right now there are six main scenarios:
1)Revoking Article 50 and cancelling Brexit
2)Another referendum
3)May’s deal plus a customs union
4)May’s deal plus both a customs union and single market access
5)A Canadian-style free trade agreement
6)Leaving the EU without a deal
Beyond these six main scenarios, there are subplots being played out primarily including the 1 million person strong march over the weekend and most scandalously the claims that some members of May’s government are making a play against May to become Prime Minister.
Meanwhile with the pound against the dollar, the currency pair endured the dreaded ‘death cross’ last week where the 50 day moving average crossed over the 200 day moving average indicating a technical signal for a downtrend. Overall, daily technicals like moving averages suggest we are trending up. This is the case. However, this currency pair HAS NOT priced in the chance of a no deal Brexit. This will be to the detriment of traders just looking at technicals despite how important they may be.
For more analysis please check out www.anthonylaurence.wordpress.com
Bitcoin - Intraday Trade OpportunityTrade Pair: BTC.USD
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short
BTC.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
BTC.USD - $11,600 Breakout or $5,500 Reversal?Trade Pair: BTC.USD
Time Frame: Daily
Predicted Direction: N/A
BTC.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
DXY - Key Zone 90.10 & 90.87Chart: DXY
Time Frame: Daily
Predicted Direction: N/A
Live DXY updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
CAD.JPY - CAD Weakness ExpectedCurrency Pair: CAD.JPY
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short
CAD.JPY updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
AUD.CHF - #1 Watch List Pair Currency Pair: AUD.CHF
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short
AUD.CHF updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
GBP.CAD - Stick To Your Rules & Trade The Plan, Patience Is Key.Currency Pair: GBP.CAD
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Long
GBP.CAD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Bitcoin - $8,370 Profit TargetTrade Pair: BTC.USD
Time Frame: Daily
Predicted Direction: Long
BTC.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
SPX - 2200 Expected ( Breakout Required )SPX
Time Frame: Monthly, Weekly, Daily & 4hr
Predicted Direction: Short ( Breakout Required )
SPX updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
BTC.USD - Trade The Next Impulse $5,500Trade Pair: BTC.USD
Time Frame: 4hr
Predicted Direction: Short ( Breakout Required )
BTC.USD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
CHF.JPY - Multi-Timeframe Confluence Currency Pair: CHF.JPY
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short
CHF.JPY updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
GBP.AUD - Continued Downside Expected Currency Pair: GBP.AUD
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short
GBP.AUD updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
EUR.GBP - .8730 Breakout RequiredCurrency Pair: EUR.GBP
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Long
EUR.GBP updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
USD.CHF - Textbook Multi-Timeframe Confluence Currency Pair: USD.CHF
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Long
USD.CHF updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
GBP.CHF - Breakout Required Currency Pair: GBP.CHF
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short
GBP.CHF updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
EUR.JPY - Reversal Zone 131.80 / 132.230Currency Pair: EUR.JPY
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short
EUR.JPY updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.