ProFX_Strategist

ProFX_Strategist

Most probably it is going to be a correction, & then the downward moves should come... Regards.

ProFX_Strategist

I shall retain my bearish view/sentiments of this pair... (Yes I'm hearing rumors about the YEN being destined to be the weakest currency in the near future because of some reasons/predictions...) But I always like to think that the market could react in the complete opposite way... Regards.

ProFX_Strategist

Possibly an impulse leg-up is in the making...? Looking at the US Dollar Index (which certainly looks like another leg-up is highly probable); then that should possibly mean a strong up-move for this pair as well... (The downside/downtrend ever-since from the start of the year for USDZAR seems to look like some kind-of a consolidation process...; that could...

ProFX_Strategist

Hehehe, it is happening just like the way I projected it to be... Lets collect even more pips from this... Thanks & regards.

ProFX_Strategist

We will see it this one will continue to push lower... (I posted this a while back & it is happening...) *Always trade safe by activating the trailing-stop-loss feature (at the break-even level, at the very minimum)... Stay safe trade safe. Best regards.

ProFX_Strategist

Lets see it push higher...

ProFX_Strategist

Everything will have to break-down sooner or later..., so this one is to break right down (quite soon I should think)... Caution; wait for some limited upsides first, then you may short it at sight... Regards.

ProFX_Strategist

But a warning: It can be a highly "choppy" ride (one that can break your backbone)... Regards.

ProFX_Strategist

A strong kick-up to further upsides... Be cautious though...; this (impulse leg-up) may or may not happen (we can also expect it to recline a bit downwards 1st before say making a more "gradual" progressive upside kind-of pattern - I didn't show here)... But generally, the upside/up-trend should be strong in this structure (in it's entirety)... When it is time...

ProFX_Strategist

Shouldn't be too complicated to figure this one out I think... Regards.

ProFX_Strategist

That's possibly what I think it's trying to (most probably) in the making...

ProFX_Strategist

It is just very highly-unlikely that the US Dollar will start plunging-down (to a bottomless-pit) at-least for now...; maybe at most it should perhaps just have some-more downside left to go for now & that will be it..., then we should start looking for the probable upside move to get into... This is certainly going to be good..., with a nice potential ride to...

ProFX_Strategist

Nice opportunity it looks. Regards.

ProFX_Strategist

Gold has broken into a new high last Friday... A bullish momentum has build-up from the consolidation process & finally breaking Gold out of it; now targeting 1300 imminently, & it will possibly try to move up higher from there on... We should expect any dips to be a great buying opportunity for the market; when the sentiments will now turn into strong...

ProFX_Strategist

Which may be here quite soon in my anticipation... (Look at the way the downtrend wave changed...) I'm also observing the crude oil price pattern more lately...; it looks like a reversal of some kind is more or less in time to materialize (which will correlate with the idea scenario of this pair)... Regards.

ProFX_Strategist

This pair had a really nice steep plunge into the lower supports; it may want to rebound/retrace 1st before proceeding even lower next time (below 81.0000 if it can)...

ProFX_Strategist

It is breaking pass the resistance nicely... (It should cross over 1040 with a blink...) Few days ago I have been observing it (& expecting the price to drop actually - according to some rumors); but instead it seems to go higher ever-since (into strong bullishness)... (Platinum is an industrial metal whose price is determined by the supply & demand; unlike the...

ProFX_Strategist Updated 

I have great-expectations for it to fall right down... Regards.