The presidential rally where the market massively left the safe haven seems to be over. On November 18, gold has found its way up again. We place a start buy trade at 2670.19.
The unrest in the world is causing more use of raw materials. Since the beginning of this week, after the tension between the US and Russia increased again, oil has been rising. We are now entering with a small position and will increase this as the long trend increases further. First entry point 70.035.
Just like AUDUSD the pair has been in a downtrend since early October but last night there was a trend change indicating a long position. Still we are cautious and place a small buy trade at 0.59366
This long trade is on the cautious side. But the trend has changed, so we'll take it. We see a downtrend from the beginning of October with 1x a small outburst upwards. Our signal system also gives a neutral score of +1. We place a buy in at 0.65429.
19-11 USDCAD The CPI in Canada is better than expected. Better expected figures than the US. Actually the short movement had already started. Our signal system still gives a score of +1 but that will quickly become bearish. The current Score is +1 which is composed by Cot Data 0, Retail sentiment 1. Seasonality 1, Trend reading 2, GDP -1, Manufacturing PMI -2,...
15-11 EURGBP We are early here. An uptrend of this pair. The current GDP growth figure from the UK is -0.1% which is a deterioration of the economy. We execute a buy here with a long range linked to it starting at 0.83470.
15-11 EURGBP We are early here. An uptrend of this pair. The current GDP growth figure from the UK is -0.1% which is a deterioration of the economy. We execute a buy here with a long range linked to it starting at 0.83470.
15-11 EURCAD In October we already noticed a channel. The pair moves between 1.48 and 1.51. The last days the pair fell through the bottom of this channel, but it seems that the pair is coming back into the channel. The score of +7 of our signal system clearly indicates that there is an upside potential here. This +7 is formed by: Cot Data 2, Retail sentiment -1,...
14-11 EURNZD The economic data indicates that this pair is entering an uptrend. We have placed a buy in at 1.79965 with the target of the top of the end of October. Our signal system gives the following score +7, built up from the following data: Cot Data 2, Retail sentiment 1, Seasonality -1, Trend reading 0, GDP -1, Manufacturing PMI 0, Services PMI 1, Retail...
13-11 EURJPY This pair has a way to go up. Technically this pair shows a doubtful long position but fundamentally the pair scores a big buy. Our signal system shows a score of +9 consisting of: Cot Data 2, Retail sentiment 0, Seasonality 1, Trend reading 0, GDP 2, Manufacturing PMI 0, Services PMI 0, Retail Sales 2, Inflation 2, Employment Change 2, Unemployment...
13-11 AUDCAD This has been in a downtrend all day. We put in a sell at 0.90882 based on the negative scores of Retail sentiment -1 and Trend reading -1. All other factors are at 0. The Wage Price Index q/q came in at 0.8% last night which is a deterioration.
On 4-11 we placed a buy at 0.83. But now a clear head and shoulders pattern seems to have formed where we drop the buy. We are not considering a short position because that trend is not very clear.
The index that tracks the 200 largest shares from Australia has continued to decline despite a slight increase. After a slight increase, in which the high of mid-October was touched, the index is in a downward trend again. A resistance at 8101 can be encountered. If this resistance is broken, the index will continue to decline. We executed a sell at 8196.
Same as with the Dow, the Nas is also with a big profit. we have placed a buy at 21170. Our trade system gives the following signals: Score 5, Cot Data 2, Retail sentiment 0, Seasonality 2, Trend reading 1, GDP -1, Manufacturing PMI -1, Services PMI 1, Retail Sales 1, Inflation 2, Employment Change -1, Unemployment Rate 0, Interest Rates -1.
after the elections there is clarity for the shares. because of that there is an uptrend going on the indexes. we have placed a buy at 44530.0. we see no obstacle in taking this position but we are cautious. Our trade system gives the following score: +5 consisting of Cot Data 2, Retail sentiment -1, Seasonality 2, Trend reading 2, GDP -1, Manufacturing PMI -1,...
a clear signal that our system indicated: a Score of +7 built up from Cot Data 2, Retail sentiment 1, Seasonality 1, Trend reading 2, GDP 0, Manufacturing PMI 0, Services PMI 1. from the beginning of this year increasingly higher highs. we have placed a buy at 0.92650 with a first target of 0.93580.
against the shorts at the EURO and Pound there is of course a long. We have executed a buy where the target is taken close. the buy is executed at 0.580 and the target is at 0.587.