Hello everyone, After end up a week with the USD gaining some power. I believe its time for a correction and this week we are approaching some opportunities. What we have in the FX:USDCHF asset is a retest on a downtrend that is alerting us for a possible sell. With this retest and expecting a stronger Euro, I’m personally looking to sell the asset thinking...
Hello Everyone, this Sunday I bring my technical outlook on what I think the market is telling us about the currency asset USD / CAD. Since mid-June 2018, we have seen the price creating lower lows and lower highs leaving behind a bearish trend line. Finally, the US Currency shows some powerful momentum breaking the descending channel. With this, we can expect a...
Hello everyone, After a week with the euro on the rise, we see here, from a technical point of view, a retest in the symmetrical triangle that alerted us to a possible sale that later came to be realized. Now opens up a new opportunity with a good risk-reward risk. So we could almost enter immediately on this trade. With this retest on the symmetrical triangle...
Hello everyone, On this short-term trade, I bring my technical analysis on the Australian Dollar|USD pair. The asset as break this symmetrical triangle chart pattern downwards and with a stronger dollar momentum, I’m personally looking to sell the asset on this correction thinking that the price as room to fall until the 0.71 level, on a Daily Timeframe. But...
Hello everyone, On this short-term trade, I bring my technical analysis on the EURUSD pair. After a week that provided us with a good selling opportunity the pair as entered in a corrective move. I believed that the price will eventually touch but not break the 1.1460 level which represents an area where the price as some complications moving down. The asset...
As we can see, the price is creating higher highs, so our goal is to look for long entries, taking advantage of the strong dollar momentum . For this, we can either wait for the price to finish correcting and reach a good confluence area or enter long with a much poor R|R ratio. Once this process is finished, we can enter long after a break of the counter...
As we have already noticed the US Dollar/Swiss Franc pair is highly anti-correlated with the Euro/US Dollar So in this asset what we have is like a Eur/Usd UpSide Down. Creating the symmetrical triangle we saw last week on the Eur/Usd. We should look for long trades after a small correction on the 1h timeframe. As the dollar rises against all major currencies...
Hello everyone, On this short term trade I bring my technical analysis on the GBPUSD pair. The asset as break the ascending trend line downwards and with a stronger dollar momentum I’m personally looking to sell the asset on this correction thinking that the price as more room to fall until the 1.3060 level. Key Note: Using the anti correlation formula we...
Hello everyone, What I bring today is my technical analysis on the forex eurusd pair. After a buy bias for more than a year the eurusd asset as done a correction witch is very common. But the price behavior makes me believe it will reach new lower lows, with a resistance on the 1.1940 levels and TP on the 1.1190 level witch also represents the 61.80 Fibonacci...
Very simple and beautiful setup on the #USDCHF Daily. As the asset break and retest the descending channel we are looking to buy the pair around 0.9902 with take profit around 1.0095 which represents a important resistance and fibonacci level (78.6%). This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without...
What we find in this asset is a break from the trend line that has served as support for a while. This disruption is a clear indicator of a possible change of trend. Something that could be quite profitable as we are expecting further downside movement towards the 144.000 level and possibly around to 137.010 wich represents a important fibonacci level (61.8%). ...
Since the end of March the asset's price has been depreciating as the pound has become weaker against the Canadian dollar. In a clear bearish trend the ideal entry is shorting after correction with TP around 1.7061 which represent a daily support. This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without...
Since mid-March, the asset price has been negotiating in a range mode on the 4 hour period. After a strong downward pressure on the price the asset began to recover valuing the British currency. The scenario I now evaluate is a possible V-Formation that will make the price find support around 1.9415 and then resistance around 1.9631 that symbolizes the top of...
Since the end of January that the asset is trading in a bearish trend. Creating a range below the 1.30375 level. Giving us clear corrective pattern, so I expect the price to respect those levels and continue its trend. This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved. CFD´s are very...
This week the NZDUSD pair show us a very similiar scenario to EURUSD. However,with the corrective diagonal process that is expected already been completed, which presents a good opportunity for short entries. This market analysis is just a investment idea, the same shouldn't be taken as a financial counseling without risk envolved. CFD´s are very complex...
What we find in this aset is a break from the trend line that has served as support too. This disruption is clear indicator of a possible change of trend. Something that could be quite profitable. For this we must wait for the correction from part of the asset and then if confirmed, entering the market always respecting the trend. This market analysis is...
As we can observe the price has just broken the resistance line that has been hold the asset from level up. Right now the asset is trading a correction movement which means that we want to look for a buy when it touches the confluence zone that is now our S&R, or in a less agressive entry when it break the tendency line. This market analysis is just a...
Since June 2017 the asset has been trading in a bearish channel, creating more lower lows. Aroud the 0.91188 level is where we notice a strong refusal by the price to go up. So it has to be an area that we have to look out like hawks . Right now, in a lower timeframe we are in bullish trend. So we want to look for long entries, after the correction setup. ...