USD (US Dollar)
Breakdown #GOLD #3This is the end of July and #GOLD can start the next month with a bull mommentum, the last week the price slow down but this week we have non-farm payroll so we can expect volatility. Enjoy the video and let me know your thoughts about #GOLD.
DXY Basket Live Price Analysis : Taking Profits & Reducing Riskanother quick update, yes i did eventually get GU and UCAD reversed
USD PAIRS USDJPY AUDUSD NZDUSD USDCHF GOLD AND DXYHello, usd is falling, no buy at all. It may go uo a bit to touch the MA, but will fall after this.
EURUSD - EDUCATION - 13. JULY. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Sideways consolidating market conditions right now.
4 HOUR
Small bullish pullback to the upside after a bearish rally.
DAILY
Bullish waving market forming several HH / HL Structures.
OVERALL
Expecting market to break previous week highs and taking out shortterm sellers before
heading back down to average price movement at 1.12400!
Be patient and wait for reactions at our levels :)
Good luck
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Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Audusd H1 chartWe have seen a breakout of the corrective channel. Expecting to move in zones to our target. Hope you got in with us
EURUSD - EDUCATION - 06. JULY. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
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1 HOUR
Strong dropping market with a lot of pressure.
4 HOUR
80% Pullback of previous wave and low/high - structure,
DAILY
Bullish waving market with a very strong pullback now.
OVERALL
Expecting market to drop even further on monday towards or even below previous lows
taking out several long holders and buyers. Looking forward a 50% Pullback of previous bearish
break and price movement.
Good luck
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Have a great week everyone!
ALAN
A Yearly Analysis Of Eur/UsdThis is not meant to be a signal or a trade idea! This is a long term analysis of Eur/Usd using a Weekly Time Frame With A Line Chart.
So as you can see, Price broke Support and Came back up recently to Retest WEEKLY SUPPORT NOW TURNED RESISTANCE.....
This gives me the idea that the EXTREME LONG term bias toward Eur/Usd will definately be down into the next major weekly resistance area.
I did draw some trend lines and tried to add all of the touches just to give traders an idea of why I put these lines on the chart.
I know that it may look messy but I think this chart can give us a beginning... in order to form our trade ideas over the next few weeks....
Using the Forecast Tool on tradingview, It would take around 1 Year before price would enter the next support zone.
Enough to go onIt's been a quiet year, not for lack of attention, but either nothing material has changed, or the information hasn't been indicative.
Short term - going down.
Medium term - range bound.
Long term - $13,000 will be the new floor.
$13,000 USD has turned out to be a key level. It's a 1/3 FIb retracement off the ATH, and the current Fib. retracements off of $13K match up very will with other trending supports - $10k, $9k, $7.5K, $6K and $4.5K.
I"m giving even odds that we tickle $7,500 before year end, and likely before September. Don't see us going much below that, except for maybe a brief visit to $6K, and it's unlikely to touch $4,500. So of my BTC purchasing power, I'm putting 10% at 9,5, 20% at 7,5, 50% at $6,5 and leaving 20% uncommitted. I don't think we'll touch a lot of the bottom, but we're going down before we go back up.
USDJPY - EDUCATION - 30. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Sideways waving market right now.
4 HOUR
Bearish market found its resistance on his pullback great short entrys for sure.
DAILY
Very bearish market found a small pullback and a resistance holding it now.
OVERALL
In my view we will see a last small push above previous week highs and resistance area,
to take out last short holders before heading down and taking out long holders which try to jump on the train now!
Market structure also offers a very good trade with a lot of confirmations.
Good luck
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Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURUSD - EDUCATION - 22. JUNE. 2019Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Strong bullish price action and pressure.
4 HOUR
Amazing bullish wave above previous highs and resistance.
DAILY
Sideways waving market about to find resistance and break back to the downside.
OVERALL
Expecting prices to form new highs on Monday/Tuesday and head back to the downside towards our
average price index and Psychological support zone!
Very nice and simple pattern, looking forward next week and will update you on market open :)
Good luck
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Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
EURUSD - EDUCATION - 15. JUNE. 2019DACAPITALTRADING V2.0:
Welcome to DACapitalTrading, We provide any kind of Technical and Fundamental Analysis
for Forex and Crypto-Currency Markets every day!
-
1 HOUR
Very bearish price action on friday with a strong negative closure for last week.
4 HOUR
Pullback after forming a med-timeframe Double top with a strong reaction.
DAILY
Bearish waving market turned bullish with a strong reaction and pullback afterwards.
OVERALL
Bullish market with over 50% Pullback of previous week price action + wave formation,
expecting market to drop below previous week lows and rise very strong instantly afterwards.
Very good setup with high probability, we patient to get good entries next week :)
Good luck
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
DXY (US DOLLAR INDEX) LONG BIASIf Dollar Index Weakens XXX/USD goes up. If Dollar Index Strengthens XXX/USD does down.
Looking at DXY I can see a Reversal Pattern form inside the box with a Pin Bar, Doji and what looks to be a Bearish Engulfing Candle. However, the market is uptrending & this could easily be a retest on 98.00 for a continuation upwards to fulfill the -0.27% extension.
Plan A:
We have got a fair bit of USD news coming out in 5 hours following this week will be NFP and Client Sentiments show that the vast majority of Retail-Traders are Shorting the USD and Longing XXX/USD, So I choose to observe the masses and do the opposite which is have a long Bias on USD...Also I dislike going against the trend of the market;)
Plan B:
I will not be looking to Short the USD unless there is a clear break of the Counter-Trend line.
Targets at -0.27%
Directional movement using EMA- Algorithmic strategy Following Multiple requests from the community to Publish most popular trading strategies along with their backtest results. I have a listed down some popular strategies from the web and we would be posting regarding the methodology and related parameters used. This is not financial advice and we won't suggest you invest in any strategies without doing your own research.
About the strategy:
Wilder Directional Movement strategy using EMA was published by Zerodha expert advisor. In this, we are using 2 indicators
Exponential Moving Average (EMA) - The exponential moving average (EMA) is a weighted moving average (WMA) that gives more weighting, or importance, to recent price data than the simple moving average (SMA) does. The EMA responds more quickly to recent price changes than the SMA. The formula for calculating the EMA just involves using a multiplier and starting with the SMA.
Welles Wilder's directional movement system -The Welles Wilder's Directional Movement System is an indicator that helps you gauge the strength market’s trend irrespective of whether it is an uptrend or a downtrend.
The strategy here involves combining the Directional Movement System (as measured by DI+ and DI-) with 13 and 21 days EMA. The strategy prompts a signal when two conditions satisfy –
1) 13-period exponential moving average (EMA) on closing basis crosses over 21 periods EMA and
2) 14 period of directional indicator positive crosses over 14 periods of directional indicator of negative
Buy :
CROSSOVER(EMA(CLOSE, 13), EMA(CLOSE, 21)) AND CROSSOVER(DIP(14), DIN(14))
Sell :
CROSSOVER(EMA(CLOSE, 21), EMA(CLOSE, 13)) AND CROSSOVER(DIN(14), DIP(14))
Backtesting parameters :
Exchange : Bitmex
Market: BTC
Asset: USD Perpetual contract
Tick Interval: 6h
Backtesting Period: 2nd Jan 2017 to 15th May 2019
Trading Method: Long-Close_short
Leverage: 1x
Backtest results :
Returns: 11.89 %
Market Returns: 784.6 %
Start Value:0.05 BTC
Current Value:0.055942 BTC
Profit Factor: 1.45
Returns vs Market: -772.72
Annualized total return: 4.9 %
Total Trades: 4.9 %
Max Drawdown: -20.16%
Sharpe Ratio: 0.31
You can now play with the parameters in the strategy and optimize the number of trades, returns and buy and sell using the data. Please DM us for the links to backtest.
GBP USD Weekly analysis a lot clearer Picture of direction Recently we posted our Cable analysis
The weekly chart clearly shows a better picture
Fib levels on the channel are correlating and can be useful
though many traders dought using a FIB in this way , it can be helpful as you can see levels here are holding
Use the FIB extension for further targets and pivots
US Bonds : Yield curve has reversed, what to do with that ?Hope this idea will inspire some of you !
Don't forget to hit the like/follow button if you feel like this post deserves it ;)
That's the best way to support me and help pushing this content to other users.
Kindly,
Phil
SOURCE : www.marketwatch.com
Exceptional speculation from mid April '18 onwardsUsing an updated chart of earlier posted opportunity around AUDUSD (AU) I like to highlight and illustrate the exceptional speculation that has been going on since mid April onwards. The first and many incidence of the same speculation has often seen coming in very sudden which indicates a single source instead of graduate forming of buying/selling pressure you see normally when larger long term trends are forming.
Only news events cause such sudden incoming interest in the buying or selling of an asset when it's coming from a group, but then there have to be a profound reason for it been in the news and it always dies out within a few hours. Quite often we have seen USD buying surges since mid April not complying with any of these rules on top of that these volumes were sometimes hidden from public pools and planned very timely to exactly block a USD bearish cycle from bringing down the value of USD or a potential opposite interest such as London open.
The latter is just too silly to observe, suddenly on Tuesday morning Asia timezone when there are normally low volumes until one hour before London open, there would be a ridiculous sudden surge of GU and EU selling at a time it was never seen before. There is simply also no reasonable explanation for anybody selling GU and EU at that time other to stopping GBP and EUR from being appreciated.
Nobody says a word and nobody writes about it since that I have noticed these out of place events. There are some economists speaking in youtube videos but searching for manipulation of USD returns litle results on Google and first few entries are about China manipulating their currency and Google's very nice suggestion list doesn't show a single entry when typing it out into the search field. Well, everybody knows that every single central bank is doing it, all of them. They call it market operations and it published on their websites. Look at the implementation notes published by the FED May this year or read on about RBA market operations published clear in public, just to name two examples but all central banks list it as normal operational tasks as part of their portfolio of services.
Yet search seems to return limited results, making everyone believe very few people are interested in this business. Something so important as a ring-network of almighty controllers manipulating the financial market on a daily basis and nobody would be interested. That doesn't glue very well with me, censored it is, big time, for only one reason, this network of market operators have a lot to hide. More than they trying to let the everyone believe with their website publications.
The dangers are that like this year the speculators are all making to believe the sudden interest is genuine, just to grow a large group of supporters because the FED know it can't beat macroeconomic cycles. At one the these will overpower the built up speculative forces against the macros over 6 months and that contr force will be stronger than ever seen on the market and speculators will realise that at one point in time and start selling on top of the macro selling pressure. That combined could give us the strongest ever seen sling back down from high up reaching far below it normally would go, the so called overshoot could reach the opposite side of the market at USDJPY 67...
PKR-USD Chart shows that Pakistani Rupee has massively DeclinedFX_IDC:PKRUSD Chart shows that the relationship between FX_IDC:PKRUSD have gone stronger. PKR has declined massively in past 12 months as per our analysis covering the Tenure of March 2018 to 2019 the period of May to July has shown massive Decline. Perhaps Bailout packages and friendly aid can might help the graph go upwards to a few bars, However the mainstream idea remains bearish against USD as IMF loan approches near we should expect more depreciation to PKR.
The chart shows a little potential gains between 0.0071xx and 0.0073xx However it doesn't seems Promising enough to attract investors.
Current Oscillators are highly on red side the buying orders for rupee are almost zero and if this trend keeps moving forward in next days we can expect a downard hit to 0.0065xx.. so plan wisely
Sometimes you Earn the other times you learn.
happy trading
forexTrdr Sunday Setups: USDJPY WHERE THEM BULLS AT??Hi all and welcome to our Sunday Setups a new technical analysis piece where we are looking to showcase our work and highlight our 20 years of professional trading experience at the worlds best Investment Banks.
Our aim is to keep analysis simple so that anyone can follow and learn from our work and hopefully our past performance highlights why we are different.
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Please comment and leave feedback- we will be bringing our analysis via video soon
Where those bulls at on USDJPY? Thursdays failure to breach or even reach the 5th of Marchs high at point B (112.13) suggests Bullishness is fading and we are seeing the start of a descending triangle. Add in a strong technical that we are not going to discuss here we are looking for a test of the green support line from January lows and potential move down to the lower purple resistance level around 110.3. Key here is a breach and hold below the Jan support level. If we bounce and are subsequently able to breach 112.13 then bullish mode re-engages and we test the .786 fibonacci level from October high (112.3 area blue line).
Week Ahead
Sunday 17th March:
Japanese import/export and trade balance data - very low impact
Monday 18th March:
Japanese industrial production data - medium impact
Tuesday 19th March:
BoJ policy meetings - potential for high impact
US Factory Orders & Durable goods - low impact
Wednesday 20th March:
Fed Meeting - potential for high impact
Thursday 21st March:
Japanese Inflation data - medium impact
Friday 22nd March:
Japanese PMI - medium impact
Trend :
Ascending trend line supporting market since Jan low.
Month to date showing lower highs
Tech levels:
Major keys to upside:
112.13 point B and 5th of March high that failed to breach last week
112.35 area- Fibonacci support from October high
Major keys to downside:
111.24 area January support line
110.88 point C on chart
SHORT OPTION FOR EJ POSSIBLE HERE TO TP 3 AS A TARGET This is what I see. I see it as pretty self-explanatory. Some of my other charts are experiments with tools i am using, reason that i post as an educational piece as i am still learning myself.
