USOIL Bearish Cypher +Divergence +Fib resistance +Stochastic USOIL crude has a confluence of quite a few bearish indicators. In the H4 and daily we see the near completion bearish cypher, along with bearish divergence to the RSI in the H4, stochastics looking tired in overbought territory and Fib resistance 0.5 of the decline from october 2015 high and 0.38...
Bullish divergence in Crude Oil (WTI) H4 opening for correction Bullish divergence in Crude Oil (WTI) H4 opening for correction back towards 35$ (round number), 34,80$ supportline and 34$ (0.38 Fib support). This scenario might play out, if the ECB rate decision, today 13:45 CET, disappoints markets, e.g. postponing further ratecuts and QE measures to the...
GBPJPY moving on up inside H1 uptrend channel bullish GBPJPY moving on up inside H1 uptrend channel bullish after a deep correction, following the ECB rate decision, mainly due to safehaven flows into JPY.
EURUSD H4 short on bearish divergence + marketsqueeze indicator just a quick impression from my chartboard shortly before todays ECB ratedecision. As you all should know, a disappointment of markets with the Draghi Show can push EURUSD up to 1.12 levels resistance, while on the downside 1.08 might open the door for further decline towards 1.05 levels.
GBPJPY aggressive LONG trade idea up to 165 looks like it is setting up for a next bullish drive here
Strong bullish divergence in GBPUSD opening for recovery to 1.46 Playbook into the spring equinox in the 3rd week of march. In my GBPUSD scenario, I see a small drop from recent upward momentum as the perfect opportunity to enter LONG as a strong divergence and RSI on its path into 50+ can drive the pair up towards april 2015 monthly low around 1.46. On its...
DXY daily ICHIMOKU cloud indicating short- to mid-term decline Crucial levels 98.2 to 98.3
DXY heading further upwards pre NFP figures after correction DXY heading further upwards pre NFP figures after yesterdays correction within its all february upward trendchannel. It found resistance in the channels ceiling on February 29th and then had to surrender to the crossing of the channel ceiling and the downtrendline from January 29th in yesterdays...
Possible scenario for AUDUSD retreat towards 0.72 / 0.715 levels AUDUSD looks heavy in H1 and H4 with RSI and stochastics tending downwards from the 0.38 Fib retracement of the longterm downtrend coming down from May 2015 highs at 0.7760 levels. My suggestions is to take partial profits around 0.72 where a break of our recent uptrend from late january 2016 lows...
EURUSD bullish divergence in H1 - LONG entry for a retracement?
This could be EURJPY H4 breakout out of Feb downtrend formation
Is the DXY USD going lower, bowing to the bearish divergence H1?
Can the bullish divergence in AUDUSD H1 help break above 0.715 levels, to take out 0.725 and ultimately reach up towards 0.730 to 0.745 levels? A further decline in DIY towards 97.0 could ignite the move.
USDJPY bearish divergence in H4 could lead us back to 110 levels Considering the weakening ability of the US institutions to present positive fundamental data, I expect USDJPY to go lower, with upward resistance found at 113.250 and 114.0 from November '15 low and higher low and by far no support in sight on the downside.
EURUSD divergence in H1 Rythmic Pattern This divergence is building up for quite some time now and should show a serious pop, once it can break above 1.0920&1.0930 levels. Cheers