Technicals: Daily Inside Bar breakout from support@15830 Positive MACD Weekly and monthly Uptrend 5EMAs pullback strategy Price is retaking the daily tenkan +1st pb of new daily trend up Stage 3 trend developed
CADCHF has been in a downtrend since the beginning of October 2023. CAD is weak while the CHF has been strong this week. I believe that the trend will continue based upon several conditions that I am looking at.
Fundamentals : The fundamentals mostly match what I am looking for. It is not perfect, though. Technicals : It looks like the price is breaking out. Ichimoku Breakout
It was a good year for State Street. Investors thinking that US rates may have peaked are dropping their overweight positions in USD. www.ft.com Since this is the case, I see a possible 4% to 5% drop in USDJPY. However, I see USDJPY at 153-154 in Q1 2024, as the trend still long strong.
Technicals: Bounce up from average yearly range low. Weekly Breakout Daily pullback to cloud support+38%fib+Daily Engulfing Candle+Horizontal support confluence
The daily chart of USDMXN is back in step with the weekly trend. Weekly Snapshot:
Fundamentals : Daktronics (DAKT) manufactures digi displays, scoreboards, statistics software and controllers. This company caught my attention because estimated eps for 2024 is over 500%. Funds are growing in number, but the quality of the funds are not A+ funds. I am learning more about the company since the financial crisis. It looks like they have recovered...
Fundamentals : Mentioned before, but now, I start to doubt my premise a bit. However, the technicals are maintaining giving a sign that I should hold on to this idea. Technicals: Gartley Pattern a-b-c completion
Trade Idea: Last week, large specs dumped their positions in AUD. Technicals: dRd exDiv2 rejection candle Bearish Gartley Crown 127% target reached Horizontal resistance
Fundamentals : Positioned to grow further.... Technicals : uHd Triangular consolidation
Technicals : Positive Points: Quaterly Chart: NZDCHF and NZDAUD has hit yearly ADR. Whenever this has happened on a quarterly chart after making a new low, a quarterly rally start up for about 2 to 3 quarters at least. So, at some point, shorts will unwind. NZDCHF has stayed, relatively below the quarterly 50-moving average since the 1980s. So, the 50...
Fundamentals : Unclear Technicals: Clear and valid ichimoku breakout.... Tight Range breakout
Fundamentals : BOJ Technicals : Daily chart of CHFJPY retraced to a key level and hit daily ADR. There is hor. resistance and a fib level in confluence at the same level. target: 175
Here is my technical trading plan for USD/CHF: On a weekly chart attached, ( ) we can see that USD/CHF from July 2023 to October 2023, this pair rallied and created a new high. From that time, the price hit a "window" of resistance was created on the week of October 30, 2023. Consequently, this is the location where a lot of volume-transactions occurred,...
Technicals : Taking a second position in Natural Gas long Reasons : uHd pb to support and retook the kijun Daily cloud bulling Wicked Daddy Deeper pullback squeeze Price hit daily lower ADR and AWR and rallied Weekly 5EMAs signal and 15/50 signal: 1hour lower time frame crown fakeout:
Fundamentals : FED-BOJ divergence Risk : The US Fed suddenly starts to lower rates. Technicals : Daily Channel Cup/w Handle pattern Kijun Trend Bounce 5EMAs Past Resistance = Future Support Daily ADR reached Fixed Volume Profile support target: around 153