Would be interested in your opinions/comments, thank you for the view. Based on the gap on the 9th of November, the price still has varying liquidity pockets that still need to be hit in order to move upwards (as shown by the rectangles)... There is a fair probability (50%-55%) that price will move downwards. Based on sentiment, it appears that DJ may be setting...
Sell. Commercial is pushing up the price to get better entries. Should see deterioration rather quickly. This is an opinion, not financial advice.
Based on the news over the weekend, we expect majors to sell off as sentiment on the USD improves. On most of the majors tied to the USD, they have all touched an upper bound on the 1hr giving us a potential confirmation for a sell. This is an opinion, not financial advice.
Sell! Interested in your thoughts. GU has touched the upper bound, signalling a sell. This touch of the upper bound has significance on the 15m, 30m, and 1hr timeframes.
Very interested in your thoughts. Because the US dollar is the world's most consumed currency, equities will sell-off as the election comes to a close. This will cause a surge in the demand of the US dollar as investors try to liquidate positions and turn to the liquid USD. This will cause indices and forex majors to sell-off, after the significant rally most...
As mentioned in my previous post. DXY seems to be strengthening, on the 30M time frame, NZDUSD has touched the upper bound of the Bollinger bound. Sentiment also seems to be shifting. We believe the pair has the potential to fall to the 0.65700 level. This is an opinion, not financial advice.
These two images show a relatively similar picture. Both snapshots have been taken on the Daily timeframe, after the past two presidential elections (Trump & Obama administrations). Based on the snapshots we can see that both rally after the coming days as the market digests the sentiment related to the new president. We expect DXY to rally irrespective...
It would be great to hear your thoughts. Based on the negative news surrounding the British Pound, we expect the GBPJPY pair to slide. From a technical standpoint, the pair has considerable room to fall, On both the 30M and 1HR timeframes, the pair has clearly rejected an upper bound. However, based on the expected volatility , initially, we expect the pair to...
Based on the Bollinger bands, the price has clearly been oversold. We are looking for potential longs. It should be an interesting Friday to close out the week.
Let me know your thoughts. On the 30m, the price has touched the lower band of the BB. If we see a clear push over the moving average, we could expect gold to rally. Based on the uncertainty in the world we've seen Bitcoin rise, we expect gold to behave a similar fashion. The looming US presidential election and lockdowns heading into full effect in the EU...
Based on the Bollinger Bands, NU has breached the key moving average. We expect the pair to retrace back to more familiar levels such as .66650 This is an opinion, not financial advice.
Based on Bollinger bands and sentiment, it is clear DXY may continue its move upwards into the London session. On Lower time frames the asset respects an upward trendline, showing some bullish pressure. Granborough Capital is committed to providing reliable insight. This is an opinion, not financial advice.
EU seems to have some weakness, we expect the pair to trade downwards into mid-week. Based on the current trading range there are two potential R:R setups. This is an opinion, not financial advice.
Based on sentiment and BB's we expect NZDUSD to fall considerably. It is likely before the end of the week that dxy will strengthen causing this pair to fall. Currently, two RR setups are being examined. NU has touched an area of significance on the 4hr and has clearly rejected the level. This is an opinion, not financial advice.
After the Tuesday trading session, GU clearly rejected the 1.3000 area. It is a psychological level for the pair and has been trading in this region for several weeks. The UK has been slammed into lockdown and with EU talks faltering we believe the pair has the potential to fall significantly. Based on the previous uptrend hitting the upper Bollinger band, we...