airamare01

airamare01

The S&P 500 as a risk measure. One of the preferred instruments so to speak. From a Technical POV. 2130 was the all time high and since then it's been pretty much lower high, lower low and with this week's bearish candle. Can we say a new lower low will be formed? From the fundamental standpoint, the Dollar has taken a beating from the JPY and the CHF indicating...

airamare01

In line with the NZDUSD Short scenario posted earlier. This pair supports the latter due to the following reasons. The 2015 swing highs and lows constitute the fib foundations and we can clearly see a bounce off the 50% retrace of level which further coincides with the 200 Moving Average applied on the Median price. The result was a push up and rejection...

airamare01

The New Zealand Dollar has significantly gained against it's US counterpart over from the later half of 2015 to 2016. Of interest on this pair from me is the rejection of a multi-year trend-line (2013 - 2016). Last week's candle clearly rejected the line and this week's candle closed as a Bearish Harami. This needs further confirmation but i do believe that this...

airamare01

I believe it doesn't get any better than this when it comes to confluence stacking up to indicate and show the market's next possible move. A 16 year old trend line that we broke out of on January 2015. Finally we can see that the Euro retraced all it's losses against the Sterling and came back to test the trend line as resistance.The 50 EMA has provided dynamic...

airamare01

Technically the GBP has gained some traction against the dollar but has now tested the weekly ascending trendline as resistance and rejected it with a lovely pin bar off key handle 1.533/1/535. This coupled with the breakout strategy where upon breakout price tends to retrace to around the 50% level of the breakout bar has also been fulfilled. Fundamentally, the...

airamare01

I like the way the technical's have lined up on EURUSD thanks to it's bullish push and formation of a new high past 1.14500. The weekly candle closed as a doji and shows buyer exhaustion. Taking a fib tool and drawing from previous swing low to swing high brings about confluence at 1.13 which is indicated by the arrows. Price touched and closed below on two...

airamare01

Just taking a raw PA look at this chart. Tons of supply was offered at 2100 and we are currently testing that 1880 weekly support level. I would look for a break of this to consider taking a short stand and aim for the 1555 handle which was previous resistance.

airamare01

I have been keenly watching the beast over the past few days and after plotting out a few possiibilities i firmly believe that the pair is going to show us new lows and probably get back to trading at 190. With the XABCD Pattern and breakout strategy combined. I expect the pair to test 192 upon breakout and retrace back to 194 or thereabout. Then upon completion...

airamare01

Failure of close above 195 and an ascending trendline which looks to be tested once again has my attention. A break and close below the trendline will prompt shorts to form a new low and provide a discount price to long since the overall trend is to the upsisde.

airamare01

Based on confluence on structure at around 138/61.8 fib. I believe a short is viable. Its a rather aggressive call but i think it coincides with my Risk appetite

airamare01

Technically, the pair does show a lot of divergence on the larger TF. Candles are still bundled up in a way showing that a breakout is possibly imminent. I am closely watching this pair with this in mind. Still interesting to see the market pricing in for a rate hike from the Fed and Q.E program still running in the Euro-zone.

airamare01

The NZD looks like it is poised for some upward momentum based on last week's technicals. The pair has been trading in a slender descending channel but broke out to the upside of the channel off a solid double bottom. My bias this week is bullish but i'd like to see the pair first get past .662 a previous structure. A further break of the indicated neckline might...

airamare01

Following yesterday's breakout to the upside from the Aussie. A discount to 0.735 which is previous structure has been observed. I now expect new highs to be formed on the pair.

airamare01

Technically, the EURGBP may open up longs based on an inverse Head and Shoulder formation. Couple with the bounce off 38.2 fib, a bullish confirmation would be expected to provide for longs.

airamare01

122 has held as a support structure. With the inverted hammer at current H4, we may see some more dollar discounting. Bearish confirmation will be in the form of an engulfing bear candle hence prompting shorts

airamare01

We are currently breaking previous structure thereby pointing to a technically weaker cable. Looking for potential P.A around 1.53 as well

airamare01

Looking at the cable, we are approaching a key zone around the 61.8% move from 1.4560 to 1.5920. We are either going to pull through with bullish momentum or breakout to the downside