CJBlueNorther

CJBlueNorther

Now that a retest has occurred, I feel it's time for the CHF strength to return.

CJBlueNorther Updated 

Price has been testing this current price area for months now, since it first reached it back in the spring. With it being the all-time low zone, I'm looking for a buy setup here as a possible triple bottom formation seems to be forming. Around 0.68 would be my target level.

CJBlueNorther Updated 

After falling to all-time lows during this time last year, the Euro was able to rebound hard to close out the year. Perhaps a similar scenario will play out once more this time around. 0.98 is my target price.

CJBlueNorther Updated 

On the weekly chart, it appears that a symmetrical triangle wedge is forming. Eventually, a breakout will occur once price has funneled towards the corner of the wedge, which will most likely start a new, strong trend in either direction. Until then, I will keep watching for setups that can occur within the wedge and currently, I feel we might see a bullish...

CJBlueNorther Updated 

The Aussie dollar was able to rally hard all through the month of September, but I feel this was merely a retracement. The Swiss Franc has been by far the strongest performing major currency this year, so my bias is still bullish in its favor. Price closed below .59 back on Friday, after rallying all day, which leads me to believe the bulls on this pair decided...

CJBlueNorther Updated 

Though silver is currently in a downtrend, price has failed to breach 20.6 for three consecutive days in a row, forming a potential triple bottom pattern. DXY is well overbought on the daily timeframe, and currently has reached a ceiling in a key resistance zone. Factor that in with tomorrow's high impact news, I feel we can see at least a short to medium term...

CJBlueNorther Updated 

This pair is way oversold. End of the month is approaching, and a support zone is within reach, I feel a retest in the market is near. TP1 is 1.66, TP2 1.68, SL is 1.599

CJBlueNorther Updated 

It appears that price may reject off the daily 200 MA, bouncing back upwards in a bullish trend favoring the GBP, at least for the short-term. 1.273 area would be my target.

CJBlueNorther Updated 

Although this pair has been heavily bearish as of late, I'm expecting a pullback to around 0.66 area. Too early to determine where price will go once that point is reached, wait and observe.

CJBlueNorther Updated 

Price is accumulating, doesn't seem to want to breach 0.85 area, perhaps this is where the Euro will take control.

CJBlueNorther Updated 

Commodity currencies such as the CAD, AUD, and NZD are all at all-time lows against the CHF. I have a feeling a risk-on appetite will overtake the market at least for the near future. I'm expecting a short-term bullish rise back to 0.66 area, as support appears to have been reached. From there, initial bias would be a continuation of the overall bearish trend,...