Kaumbi02

Kaumbi02

On overall, I have a bullish momentum for the Dollar index but we can see the formation of a head and shoulders which could mean that we are likely to see a bit of USD weakness temporarily. If we don't see a break above the current support, then we are going to see USD weakness. Only after we see a break of the next suport level at 12046, should we see DXY...

Kaumbi02

I sent an analysis but if was over ruled due to the strong formation of a head and shoulders pattern which has been formed now. I am seeing a move to the upside until 1832.00 I am looking at a break out of 1762 before looking at taking any position. As always, trade wisely. You must be aware of the new releases that are being released this week on the USD.

Kaumbi02

GOLD is a bit more undecided now that we have an area of strong resistance at 1832.04. We are looking at a bigger ascending wedge pattern on the daily/weekly and I am looking at seeing GOLD moving to the upside before finally declining. It is to be noted that GOLD just broke out and retested the minor downtrend at 1788.11 and it created a tripple bottom pattern...

Kaumbi02

USDCAD is currently in a uptrend on bigger timeframes i.e. MONTHLYAND WEEKLY. We look to see a bullish movement to the upside and this is a trading set up that can yield 152 pips. I have a bullish sentiment for USDCAD as I expected USD strength this week and let's see how it plays out. Use proper risk management Check my Bio

Kaumbi02

We have two possible outcomes for GBPUSD but I am more confident on the USD gaining strength, hence a move to the downside. A little bit too over ambitious to anticipate such a move, but I see this happening. We can see a break out to either side, but I'd reckon you stay mindful of the head and shoulders pattern which could be formed, leading to a possible break...

Kaumbi02

We have a major downtrend (Red trend lines) and we just had a retest of structure and we saw a lot of bullish pressure. I expect a continuation of a bullish movement to the upside. I am not confident in these minor trends being respected on overall. Trade wisely.

Kaumbi02

This pair has been in a major downtrend and recently major a higher high on bigger time frames, forming a head and shoulders pattern which has given a lot of bearish pressure. We look at seeing CADJPY further heading to the downside after a clean break out of the current support level it is at. Let's see how it plats out and as always, trade wisely. feel free...

Kaumbi02

GBPUSD bearish bias for the long term. Anticipating the USD to gain strength. We are currently retesting the minor resistance level and formed a head and shoulders pattern and a doji, which could be a good entry point into the market. note that resistance could be faced at the 1.36042 zone because we will have a tripple bottom pattern. let's see how the...

Kaumbi02

Looking at AUDUSD and we have a great trading set up. AUDUSD is currently in a small weekly uptrend which I believe could be less significant as compared to the major downtrend. So I am expecting a break out of WEEKLY MINOR UPTREND before it continues its move to the downside. We do have a head and shoulders pattern as shown in the analysis. Let's see how it...

Kaumbi02

We can see that we have broken out of the downtrend and we retested the 50 FIbonacci level. If you're to check the weekly timeframe, the market is currently done retesting the major downtrend that was broken out of. I am looking at 0.67314 as my upside target temporarily before we get confirmation on whether or not the market is going to break out of the current...