In generally as we can all see, the price is on a downtrend move. Under the 50 ema and Ichimoku I try to find sell opportunities and this look like ok for me. A pull back from the 50 ema and is very near to ichi cloud. In this narrowing downtrend channel a short position give us the edge to increase the possibility. 2015 will be the USD's year and this can be a...
Price broke the wedge and a there is a good retracement sign on the important fibonacci level which is a good support level for the price. Price is over the ichi cloud and all signs looks me bullish. Placing long position seems logical for me. Stop Loss: 1,5250 Target: 1,5445
On daily chart, XAUUSD broke: 1- Bearish wedge form 2- Ichi Cloud 3- Important Fibonacci level Therefore, with the fundemental realities, I expect bearish movement will continue. Target: 1160 Stop Loss: 1216
When we look at the GBCAD pair on daily basis, we can clearly see that 200 SMA is storng resistence and the last price action was the third rebound from this MA. There is a nice daily pin bar over the 200 SMA and an important fibonacci level. I expect a downward movement through the 1,7965. Target: 1,7965 Stop Loss: 1,8255
In EURAUD pair, there is long rally for bulls over many days. However, a few days ago the trend stopped with a strong sign. A daily pin bar occured around a fibonacci resistence level and bearish movement follow it than broke the support levels. This retracement can continue to lower level than now. There are two targets: Target 1 : 1,4915 Target 2: 1,4785 Stop...
AUDCAD price broke the triangle and important fibonacci support. Below points are probable for me. We can wait a retrace or enter here with more aggressive approach. Stop Loss: 1,02 Take Profit: 1.015
The price has broken strong resistence and trend lines for USDTRY parity. It was in a range play for a while but today we saw the USD's power. As we all know the greenback is one of the strongest currency in these days, this movement can continue to 2.22 area. Target: 2,2240 Stop Loss: 2,1845
NZD is loosing strength over USD as the other currencies. There is a strong downtrend on 4H chart and now price is around near the important resistence. Both 2 vertical line examples are overbough areas regarding to RSI and Stochastic. This strategy can mostly useful for this pair nowadays. Last red candle is confirmation for downside movement predictions....
After a long time, I started to write my opinions. Below picture explains the main idea about to short EURUSD pair. Although last NFP couldn't cover the expactations US Economy is much better than the most of the economies around the world. I can see a Elliot waves and a 3 way correction. The correction is stopping near the pivot point which is a good resistence...
In 1 Hour chart, Gold price provided a bearis flag pattern. Price is now on consolidation area below the Ichimoku cloud. The possible break of this zone can bring another 35$-38$ fall. It is nice to try position. I won't miss it.
Price is around a good resistance level with pin bar and a confirmation bearish bar. It can be between a wedge formation and next movement can be bearish. Stoch-Rsi was crossed on the up, CCI and RSI is on overbought area. Next target is previous resistence area. Stop Loss: 0,9471 Take Profit Target: 09310
Price broke the 100 SMA, Ichi cloud's lower boundary, daily S1 level. With the FOMC minutes USD is loosing value. Some FED members said " Don't overvalue interest rate decisions on short term". Bearish momentum can continue around 100 pips from now.
A triangle has formed on hourly EURUSD chart. After FOMC minutes if price will break up or down, we can be on the that side. Maybe the 1,40 levels can be target for the upmovesand 1,3845 levels can be tought if price continue its way thorugh the south.
With bearish ichimoku overlook and below the 20 SMA the price form of Evening Doji Star occured. The movement through the 0,87 is probable. Nice to try.
In opposition of EURJPY I am with JPY over the GBP. GBP is also weak and some reversal signal around the 0,236 Fibo level. There is a Dark Cloud Cover and shooting star and 20 SMA hold this price action. Possible down movement is possible.
JPY weaken after the latest Russia-Crimea-EU triangle today. Price broke the 100 day EMA and ichi cloud from the down. Upmove can continue.
Around the 0.9070 levels hammer, doji and strong bearish candle that confirmed the reversal move occured. After that price entered the cloud. Bearish momentum is strong. Next target is 0,89677.
Big bullish engulfing bar occured and price is above the tenkan-kijun cross. Next move can be possible to the 1,45815