KaisMarket

KaisMarket Jan 15, 2023

Possibly a quick 175 pips to be made. Looking like a 4HR double bottom. Yes im bullish on JPY but looking at the JXY index it has reached the top trend line of the rising channel suggesting a slight pullback before going higher. We see a nice rejection candle on the double bottom and would aim for a 50% retrace before potentially dropping but take it as the chart tells us

KaisMarket Jan 15, 2023

Looking at the AXY it has broken out its long term downtrrend and this allows for the AUD to gain some good strength. Looking at AUDCHF, we are currently in a up channel since we broke out of the main downtrend turning us bullish. AUDCHF i will be buying upto 0.67300 where price may struggle with heavy sellers waiting in this zone. Best entry is buying off the...

KaisMarket Jan 14, 2023

Gold we have seen a fantastic rally and wont stop here.The dollar slipping and gold rises can be expected to continue. current price of 1920 zone we could see minor resistance as this was once a support zone so bears may test to turn resistance here but only a correction no major move. The next fib target is 1972 this is also the daily time frames true range...

KaisMarket Jan 14, 2023

Goldmans prediction of UJ reaching 126 looks on track. We can see the UJ down channel and last previous support was down at 126.3 where we could see a bounce also down at the lower down channel trend line. I will be watching for rejection on this level and possible pullbacks but with DXY broken out its uptrend this would only be a pullback move

KaisMarket Jan 12, 2023

DXY making that all too well known death cross. Alot of US data out today that indicated fed may slow its rate hikes to 25. This saw a bullish dollar fall and currently testing the trend line. Fake out or break we will need to see but support to be tested down at 101.2 allowing gold to take swing to 1915/1920 before we see any bears on gold

KaisMarket Jan 11, 2023

With sony stock shares jumping on the electric car partnership with Honda this gives sony significant room to grow and expand i believe Sony stock will go far beyond $130 but that is more of a longer term outlook over the next 5 years and wouldn't rule out $200

KaisMarket Jan 11, 2023

AJ setting up a reversal pattern. We also have price up sitting at the main trend now is a good time for a good minimum risk maximum reward trade profit

KaisMarket Jan 11, 2023

Short term sell off, we could have a double top as we visit fresh supply zone. Targets marked for profits

KaisMarket Jan 11, 2023

Looking at silver we have failed to break out the main down trend and on the 4HR TF we have broken down and out the up trend. This leaves spaces for us to now retrace however all eyes on thursday with inflation reports to fuel this

KaisMarket Jan 11, 2023

Not a long term trade and i anticipate this to be played out quickly due to the 30M TF set up. Looking for a cup and handle pattern as USD shown some minor strength today

KaisMarket Jan 10, 2023

GJ looking more bullish. GBP shown real strength the past few days after breaking back above the £ currency index right shoulder of the h+s pattern. Bull flag again is a continuation pattern which looks like we are going to 162.300

KaisMarket Jan 9, 2023

USDZAR has broken its current up channel and is now currently consolidating after testing structure. I see us in a abc at the moment Wave down to see in effect target on screen

KaisMarket Jan 9, 2023

USDNOK has seen a reversal pattern formation. We have also seen DXY retreat last week as fears of the fed rate hike eased a little allowing the DXY to print a new low. DXY could see a move down to 102 allowing more dollar weakness and this pattern to play out. All eyes on thursdays inflation data

KaisMarket Jan 9, 2023

AUDUSD has now broken above resistance changing my mindset from bearish to bullish all depending on the retest. we are looking to turn resistance into support before a possibility of going higher

KaisMarket Jan 8, 2023

Not much to say AU is seeing strong resistance and is a good minimum risk point to enter a sell. Invalid if we breakout so lets see what asia session has for us

KaisMarket Jan 8, 2023

GBPJPY looking very bullish towards the end of the week. Looks like we are in a wave 5 which indicates price should be pushing towards 161.000. More incentive is the BOS ending the down trend

KaisMarket Jan 8, 2023

CADJPY has now had its visit of fresh resistance. We have confirmed sellers and now have a breakout of the rising wedge pattern. I look to see sellers now take full control down to 95.9/95.8 area where we have seen a lot of bullish movement forming support.

KaisMarket Jan 6, 2023

Here is an in depth analysis of AUDNZD. We can see the down trend has now change with the LH been taken out and at the bottom there was a reversal pattern to indicate so. Currently price is currecting after a bullish impulse and we look to get another wave of 250 Pips up which seems to be the average more per move