Stuart_Cowell

Stuart_Cowell

Recent figures Today are positive for the EUR but not too strong to cause a EURUSD upward move. There are indeed resistance levels, with low probability to break today. Thus the overall movement is possibly downwards. This idea is supported strongly if the support levels break as indicated by the arrow. Important support: 1.064 The move might even reach 1.0615...

Stuart_Cowell

Yesterday the market was extremely low and trading in range. Today PMI figures are going to be announced. This morning we expect trends to form. As shown by the arrow, expecting upward move after the breakout. Possible stop up to 135.1 after the resistance break of 134.5. __________________________ Information Regarding Important News and Figures can be...

Stuart_Cowell

Today US banks are closed in observance of Presidents' Day. This creates low volatility in the market. The EURUSD pair did not have major moves but it is expected that it might move rapidly after breaking significant support or resistance levels. As per the arrow on the chart, it shows that it broke a support level and it will possibly move to the next support...

Stuart_Cowell

Looking for the quick retracement today. The dollar appreciated greatly this morning. The news yesterday regarding the CPI have an impact even for today. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com Risk Warning: Trading in CFDs is highly speculative and carries a high...

Stuart_Cowell

The pair has been moving downwards the last few days, in something that looks like a channel. However is stable and always trades below the Moving average. A significant support just broke signaling a potential move downwards. The arrow shows the potential stop of the rapid move downwards. Caution is advised though since important figures are going to be...

Stuart_Cowell

The EURUSD has taken the upside move today, It has a zik-zak formation with a short-term ascending channel. Potential and probable moves as indicated by the arrow after the breaks. Today the CPI figures for the USA are out at 15:30 GMT+2. That would create distortion in our analysis above. Caution is advised when taking the above ideas into account. ...

Stuart_Cowell

The Market moved rapidly this morning for this pair. There are no significant news announced so we expect that this is just intraday. it would be more appropriate to wait a little bit more for the market to show slowdown with a couple more bars in order to form a strong resistance. The arrow shows the potential move towards the support 61.8% fibo...

Stuart_Cowell Updated 

Potential retracement after the break. No important news today. It might be a slow retracement if it happens eventually.

Stuart_Cowell Updated 

There was a shock for US OIL probably because of factors such as the announcement of Ueda, Reportedly Tapped as Next BoJ Governor. JPY pairs have been experiencing huge volatility after that. Now we are expecting retracement for the US OIL. It must be rapid other wise it will signal that it would not happen.

Stuart_Cowell Updated 

This week has been very volatile for NAS100 Cash CFD. Yesterday since market opening for the US, its price has fallen more than 250 USD. It might have a big chance in reversing at least 61.8% of the move. Arrow indicates that level. The 100% potential and of the move indicates the support. Should that breaks it would mean further downward move.

Stuart_Cowell Updated 

The indication of a rising wedge is rather low in quality. However, we can be optimistic about the rapid moves that EUR can have during the next 2-3 hours or even during the evening session. We are looking forward for the breakouts and expect sharp moves reaching the support and resistance levels as indicated by the arrows. Breakout upwards: to reach 1.4801...

Stuart_Cowell Updated 

Possible Retracement today. The EUR seems to get a lot of ground against the CHF. As per the arrows indicated, it looks for the 61.8% retracement level.

Stuart_Cowell Updated 

EURUSD has yet to move significantly the last days after the shock. Even though today is bullish. Some previous resistance levels are in the way for it to reverse. Now might be the moment after the resistance breakout. 1.08 next.

Stuart_Cowell Updated 

EURCHF price move has formed a rather interesting shape. There is an important support level as indicated by the blue line that the pair is trying to break for days. The arrows show the potential moves and the next support levels that I have identified based on previous resistance and support levels.

Stuart_Cowell Updated 

The Market shows high volatility the past days. It returns to the mean on a downward trend. As pert he arrow, we expect that it will return to day to the 61% Fibo level which on the chart Fibo tool is indicated as 0.38% level because of the automatic placement by Trading View.

Stuart_Cowell Updated 

Market News/ Driver Today: FOMC Member Williams Speaks at 16:15 (GMT+2) Clearly there is a triangle formation after large moves for the pair. The question is what happens after the breakout. Potential moves are indicated by the arrows Estimated potential Stop Levels: If breaks upwards: 132.2 If breaks downwards: 130.5

Stuart_Cowell Updated 

There is a triangle formation that just broke. Potential moves downward as indicated by the arrows.

Stuart_Cowell Updated 

I am using a 3 hour timeframe this time in order to highlight the fact that pair moved significantly low within a very short period of time. However, the important part is that the price move switched the path from being above the MA30 to moving below it. A retracement is expected even if the significant market move downwards took place 3rd Feb. In order for...