alexkyp

alexkyp

-The upward trend for the pair has ended around the 1.3 area now with a downward move that broke below the fibonacci support at 1.29 the door open for the 1.28 are and then the 1.2750 where the 200 EMA is currently. -The pair bounced at the 50 EMA but if the US Dollar continues to strengthen we can expect it to break the 1.850 area

alexkyp

The pair has been consolidating currently below 1.14 and broke that on Friday currently trading at 1.1360. There is no indicator that is supporting a reversal and combined with the upward trend of the DXY we can expect the pair to drop further. Next support to test is the daily trendline at 1.1350 and the support area at 1.1320 a break below that we can expect it...

alexkyp

* Trade optimism boosts crude oil prices on Friday. * Baker Hughes reports the largest weekly decline in rig count in nearly two years, so with a supply decline and demand rise will drive oil prices higher * active oil rigs decreased to 852 this week from 873 to post its largest decline since February of 2016 -A downward trend is supported by the 200 EMA around...

alexkyp

The DXY has been oversold for the past month and is currently trading on an upward trend above the 200 EMA. A downward potential is covered by the 31 & 50 EMA as well as the 800 EMA. we expect the pair to rise until the 97.00 level for a reversal to happen

alexkyp

1. The pair is approaching critical daily trendline 2. There is an M formation on Daily, 4HR & 15'' time frame 3. Both crosspair support the direction of trading as EURUSD is trapped 1.14 range and USDCHF is currently oversold and approching critical resistance 4. Upward trend is covered by the 800 EMA at 1.1350

alexkyp

1. The pair has formed and inverted triangle and is following a downward trend 2. The direction of trading is supported by the DXY upward trend 3. There is significant resistance above the current level of trading, both the 50 & 200 EMA are trading above the current price supporting a downward move

alexkyp

- Eliot Wave on 15'' time frame

alexkyp

1. The has reached the weekly trendline at 0.91 and is been consolidating within the 0.8950 and 0.91 area 2. It has break the consolidation area and the is trading below the 200 EMA, but there is significant support around the 0.89 area where is the daily trendline and the 800EMA. 3. We can expect a retest of the 0.8950 psychological line and the a break below...

alexkyp

1. AUDUSD is heading for a downward trend combined with the downward potential of USDCHF could drive the pair to the 0.69 area 2. Also the pair has reached the psychological resistance of 0.71 where is currently trading 3. There is a head & shoulders formation on the daily timeframe

alexkyp

1. The pair has been on an upward trend for the past 2 weeks reaching highs of 0.7230. 2. The upward trend face resistance near the 800 EMA and drop back to 0.72 now is heading for retest on the 4hr trendline near 0.7230 where we can expect an M to be formed that should be a great entry point for a sell 3. There is no upcoming news fro AUD in the next week and the...

alexkyp

1. The pair has been on uncertainty for the past 3 months with huge ups and downs 2. I reach the lowest point of the year around 1.24 where the bear trend seems to end 3. It is currently on an upward trend and it breached the weekly trendline which opens the door for future highs. 4. It is currently trading around 1.2840 we can expect the pair to retest the 1.28...

alexkyp

1. The pair reached the E (5h touch) of the Eliot wave and drop significantly after a sharp upward trend above the psychological resistance of 1.15 2. The pair has been on an upward trend for the past 1,5 week, we can expect the downward trend to extent the next week if the 50EMA which is currently supporting the pair at 1.1470 is breached. This could open the...

alexkyp

1. Gold was on a bullish run for the past 5 months from 1160.0 to 1300.00, that run faced critical resistance at 1300 psychological line combined with a monthly trendline at this area 2. We can expect a downward trend if it breaks below the 50 EMA at 1285.0 3. Next target is the 200 EMA at 1260

alexkyp

1. The bullish run for WTI faced a critical resistance at $53 a barrel 2. We can expect a potential retest of $50 range if the the price breaks below the 51.50 which is acting as resistance 3. Main target for the bears could be the $50 or $49 range but there is also the 200EMA at $50 which is supporting a downward trend *** A failure to break below $50 it can...

alexkyp

1. The bearish daily trend of the DXY broke at the 95.00 psychological line supported by the daily trendline 2. There is a nice w 4hr formation which is indicating a strong bullish run for the DXY 3. The downward trend is supported by the 800 EMA at 95.60 4. Next target for the DXY is 96.00 are, if it breaks through next area to see is the 200 EMA and the daily...

alexkyp

1. Reached historical resistance at 125.00 2. Reached 4hr trendline 3. EURUSD is expected to weaken in the upcoming days as it reached critical resistance at 1.15 4. USDJPY reached monthly and is moving downward to retest the 108.00 level

alexkyp

- The pair followed the flash crash of USDJPY after the Japan 2 day Bank Holiday and the Apple profit warnings report, followed by un upward trend - Gold epectations for higher price and the oversold that happen last week may drive the pair to highs as 0.7250-73.00 where the 800 ema is currently. - Also the 31& 50 emas are expected to cross - The pair may face...

alexkyp

- The pound is supported by the 200 ema + the 31 & 50 are crossing - Followed by the dxy downward trend the pound is aiming the 1.28 highs if the 1.2730 resistance point