InvestingScope

InvestingScope

CHFHUF is on a 1D Channel Up (RSI = 57.732, MACD = 0.384, Highs/Lows = 1.4859, B/BP = 2.9840) and has just printed its Higher Low. Long taken, TP = 286.634 (previous Higher High).

InvestingScope

TRYJPY is on a 1D Channel Down and due to its multi week consolidation (RSI = 47.127, ADX = 17.384, Highs/Lows = 0000) it is near pricing its Lower High. We are short, TP = 21.564.

InvestingScope

NEOBTC is on a 1D Falling Wedge formation (RSI = 31.031), which is slowing down on pace as it approaching the exhaustion point (Highs/Lows = -0.0006, MACD = 0, B/BP = -0.0012). Our approach is to short with TP = 0.002911 and then consider the reversal neat the 0.002000 1W support.

InvestingScope

USDSGD is on a 1D Channel Up that has just priced (or nearly) a Higher Low (RSI = 52.669, ADX = 15.724, Highs/Lows = 0). This suggests that it is ready for a rebound-leg above the previous Higher High at 1.37500. Our long's TP is 1.38500.

InvestingScope

TP hit on the previous short as Coffee C moved below the previous Lower Low at 112.00. The price is still on a long term 1W Channel Down (RSI = 41.160, MACD = -3.390, Highs/Lows = -2.5643, B/BP = -9.5600) with 1D now in need of printing a Lower High (Williams = -45.358, Highs/Lows = 1.2521) between 114 and 117.50. The next TP for our KCU8 short is 100.000.

InvestingScope

SGDHKD is on a 1D Channel Down formation (MACD = -0.016, B/BP = -0.0239) that is near printing its new Lower High (RSI = 48.006, Highs/Lows = 0). Even the 1W pattern indicating a long term selling pressure (Highs/Lows = -0.0442, B/BP = -0.1618, RSI = 38.403). We are taking a short, TP = 5.6600 but on the first sign of a bounce on 5.7088, we will book the profit earlier.

InvestingScope

CHFSGD remains on a 1D Channel Up (RSI = 57.120) although it had to make a deeper than expected Higher Low (MACD = 0.001, Highs/Lows = 0.0014, B/BP = 0.0035, ROC = -0.167). Our TP is stable at 1.3868.

InvestingScope

GBPNZD is trading within a 1W Rectangle (RSI = 50.962, CCI = 5.9779, Highs/Lows = 0). As seen on the chart, even if it makes a run towards 1.96245, there are more bias towards the 1.89307 profit taking line. Our short's TP = 1.89600.

InvestingScope

USDSEK continues to trade inside a long term 1D Rectangle (ADX = 15.631, Ultimate Oscillator = 49.902) and we can continue working within the yellow rays on a medium term scalping approach. For now we are shorting, TP = 8.64012.

InvestingScope

TP = 12.792 hit as SEKJPY continues the very controlled sideways trade on the 1D Rectangle (RSI = 52.414, STOCH = 49.962, CCI = 9.9279, Highs/Lows = 0). We continue to trade within its ~ 12.100 - 12.850 range, opening a short now, TP = 12.283. Even 1W is neutral on RSI, Highs/Lows, Ultimate Oscillator.

InvestingScope

Instead of a consolidation the price pulled back just below the 0.618 Fibonacci retracement level on 1D (67.00), completing the latest Higher Low on the long term 1W Channel Up (naturally now neutral on RSI = 54.187, ADX = 26.022, CCI = -22.0485, Highs/Lows = 0). We are buyers again, expecting 1D to break into neutral levels as it fills the 70.85 gap. 4H already...

InvestingScope

EURUSD is on a recurring Rectangle pattern on 1W (Ultimate Oscillator = 49.626). If the current price action repeats the course of the late July - early December 2017 Rectangle, then the next test is 1.1455 followed by a peak at 1.1850 - 1.2020 and then decline to 1.1455 again, which could break-out much lower and begin a new bearish cycle on the monthly chart...

InvestingScope

Gold is on a critical point on the 1M (monthly) chart, being on the 4th straight bearish month (an action last seen on December 2013 that led to a 1,180 bottom). Since last December's 1,236 bottom was crossed, we expect the July 2017 low = 1,208.70 to be tested. The last support is the March 2017 = 1,196.20, which if crossed will lead to the December = 1,182.00...

InvestingScope

DAX is still on a medium term Channel Down on 1D (MACD = -7.800) and as you see posted the new Lower High on the 0.618 Fibonacci retracement level. This is a strong rejection indicator and 1H is already reversing (Highs/Lows = -24.7500, B/BP = -53.6760). Our short targets are 12,509.40 (SL at profit) and 12,355.82 in extension.

InvestingScope

The 1D Channel Up is slowly (RSI = 60.850) but surely (MACD = 19.060, Highs/Lows = 19.3929, B/BP = 44.3660) rising towards the ATH (all time highs) at 2,878. In the meantime it may print a small pull back on the double curve pattern, but will only be a Higher Low and will be bought. As seen on the chart this curve pattern is recurring. Long, TP = 2,854.75.

InvestingScope

TRON was rejected on a new Lower High, which is keeping the Channel Down on 1D intact (RSI = 49.394, STOCH = 49.564, MACD = -0.002). The next TP = 0.030110 (March 09 contact point) is expected to get hit on a weekly horizon. 4H has already started reversing (STOCH = 40.469, Williams = -62.354, Ultimate Oscillator = 40.621).

InvestingScope

IOTA was again limited below the 1.2548 Resistance on 1D, which is now neutraly biased (RSI = 48.321, Highs/Lows = 0, ADX = 18.546). We see two successive curve patterns with the latest however breaking the formation by crossing 1.0710. This is a bearish break-out signal on 4H, which is already reversing (Highs/Lows = -0.0103, B/BP = -0.0219). There is no reason...

InvestingScope

GBPCHF is trading within a 1.3022 - 1.3268 Rectangle on 1D (MACD = 0, ATR = 0.0080, Ultimate Oscillator = 50.855). Our trade is a long, TP = 1.32380, but if 1.30105 breaks, we'll stop and short to 1.28660.