Aveiq Capital Management Group 29th June 2020 Looking at this pair, we can see that we were in a very strong bearish trend from the 1.4100 region. After a bottom out at the 1.3400 level and the close of the weekly gap, we are seeing strong reversal signs. There has been a significant amount of injection into this pair which can be viewed through clear price...
Aveiq Capital Management Group 29th June 2020 Looking back at the start of Q1, market conditions due to the current global pandemic saw an influx of buyers invest into the EUR which acted as a safe haven. From a technical perspective, we saw buyers achieve their target at the 1.1400 level. We are now seeing the foundations of a trend reversal. Price action...
Aveiq Capital Management Group 15th January 2020 Looking at Kiwi-Cad from the monthly perspective, we can clearly see that this pair is within a range. In addition to this, the monthly uptrend structure has been broken and would provide us of an indication with regards to a long term trend change. The structure is currently creating lower highs and lower lows,...
Aveiq Capital Management Group 13th January 2020 Looking at this pair from a fundamental perspective, we can clearly see that a yearly high has been reached towards the end of 2019. This was particularly due to the recent elections results. Moving forward, the commencement of 2020 has began with a negative forecast in relation to GBP data which has resulted in...
Aveiq Capital Management Group 25th November 2019 This pair has been in an overall uptrend. It coincides with our overall DXY analysis in which we are predicting Dollar strength. The pair has now been in 24 days consecutive bullish momentum. We have broken a key weekly trendline which confirms that we will see a push higher to the 1.35 area. We are targeting a...
Aveiq Capital Management Group 25th November 2019 The pair has been in an overall uptrend followed by a break of the weekly trendline. We had a retest of that trendline which can be confirmation of a trend change. We are now predicting order collection in this area which can be identified as a strong liquidity zone. In addition to this, we have had three retests...
Aveiq Capital Management Group 22nd November 2019 The instrument has been a overall downtrend for most the year. We have seen NZDJPY bottom out to the monthly 67.00 zone, before making a order collection towards the 70.00 liquidity zone. Multiple retests have been made in this area, giving us extra confluence that this should make a new more down giving the...
Aveiq Capital Management Group 20th November 2019 GBPUSD has been in an overall uptrend. After touching the 1.300 level, we have seen this pair stuck within a range and have seen multiple retests, concluding that this area is a major liquidity zone providing the opportunity for sellers to take control of the market. We are taking entries from the top of the...
Aveiq Capital Management Group 20th November 2019 Currently, USDCHF is controlled by bullish sentiment. We have been in a daily uptrend. However, we had a break of the daily trendline on 17th October 2019. Price has retested the trendline twice showing that there is a lot of buyers in the market. We have found support at the 0.985 area which is in line with the...
Aveiq Capital Management Group 15th November 2019 GBPJPY has been in a strong uptrend. We saw price reach the 141.000 area and has since been ranging. We are expecting a break to the upside. A good entry would be from the bottom of the range or current price area. We are targeting the 143.000 banking level which gives us a yield of 3.00%.
Aveiq Capital Management Group 15th November 2019 We are looking at an overall uptrend. We have had a touch of the weekly trendline and have been in a range for the past 3/4 months. We have broken out of the 1.73 area and had a retest on that same area also. We are targeting the 1.7000 banking level which coincides with the 61.8 % Fibonacci retracement level on...
Aveiq Capital Management Group 14th November 2019 We entered out position at the 0.684 level. We may get a pullback towards the same area from current price which would allow you to get an entry on this pair. If so, then this will also be a retest our daily trendline. We are targeting the 0.64 area which gives us a projected target yield of 7.00%.
Aveiq Capital Management Group 14th November 2019 Clear break and retest of the trendline. We had a slight retracement around the current price area. We are looking to target the 0.738 area as the first target area, with the second target area at 0.728 which gives us a yield of 3.00%.
Aveiq Capital Management Group 14th November 2019 Price is currently sitting around the 1.1000 area in which we can see a lot of liquidity. Price action shows a lot of buyer sentiment. We may see multiple retests on the 1.1000 area but we are leaning towards a bullish bias. The technicals support a long position. However, with uncertainty surrounding the dollar,...
Aveiq Capital Management Group 14th November 2019 Update: we are currently in 70 pips profit.The move from yesterday provides us with an indication of a lot of bullish sentiment. We could now look to the previous highs during November/December giving us a yield of 3.00% overall.
Aveiq Capital Management Group 14th November 2019 If we look at DXY, we can see that it is currently very bullish. We are expecting moves to the upside. We have an area marked out at the 108.630 level. We are taking entries at current price. We may experience some consolidation at the current price area before seeing that move up. Based on price action, we can...