capitalpropertiesfx

capitalpropertiesfx

The long-term weekly trend is still up - the upward channel is perfectly intact and we have only reached the 50% line. Current weekly close is inside a very interesting area, which could prove to be enough for the pair to correct higher. I'll be tracking this one next week to find more clues on lower timeframes.

capitalpropertiesfx

EURUSD traded in a fairly small range from Monday to Thursday and on Friday evening, price decided to make new lows and with that, a lot of longs, who were trading the gap, were taken out. Weekly chart looks extremely bearish but also over-extended, hence some kind of correction is most likey behind the corner. Areas that I'm interested in are around 1.30 andI'm...

capitalpropertiesfx

Not my favorite pairs but this move certanly looks interesting. Price finally broke out from that range which lasted a life-time and on lower timeframes there actually seems to be a triangle in the end of that rally. However, which way it will break remains a question mark at the moment. If there is enough momentum to continue this rally, then 98.00 would be my...

capitalpropertiesfx

Things could get interesting in this pair as the price has reached the 50% retracement level, measured from the last swing low. I don't think the price will go through this area very easly and at miniumum we should see some kind of consolidation here. Any upside is pretty much out of the question as long as EURUSD keeps on falling like a rock. Nevertheless, this...

capitalpropertiesfx

Aussie has been ranging for quite some time and that made me suspicious, that the price might be forming a triangle. It is too early to tell if it proves to be right but it is worth tracking, especially keeping a close eye on the trendlines. If they stay intact, then the triangle scenario is very much in the cards. Time will tell. Watching.

capitalpropertiesfx

We have a ton of data coming out from EZ, including German CPI, Unemployment Change + Unemployment rate. Ahead of the events, EURUSD has formed a small H&S pattern, which is NOT high probability pattern in this situatsion as current trend is clearly down. A wise move here would be to wait until all the data is released to see how the pair reacts because chances...

capitalpropertiesfx

EURJPY broke the trendline to the upside and is now back to re-test it. However, price is hesitating and if we don't see a proper lift-off from around current levels then any further upside is very doubtful. Watching.

capitalpropertiesfx

Quick setup. Triangle broke lower. Measured move not finished yet. Invalidation level clear.

capitalpropertiesfx

EURAUD, EURCAD and EURJPY all look very, very similar and so far all of them have held their down trends. My area of interest is very wide, more than 200pips and I'm looking for signs of a possible reversal. However, it may not come anytime soon, as EURCAD already broke its long-term upward trendline to the downside, meaning that EUR is under significant...

capitalpropertiesfx

Price has reched 61.8% retracement level measured from 0.8050 to 0.8834. It lines up with a recent resistance and consolidation area, so odds are that price will either just consolidate here or may even push higher.

capitalpropertiesfx

This pair is still consolidating near that downward trendline and I'm quite sure it is pretty annoying for all the shorts. A break here could happen either way and as EURUSD seems to be very "oversold" I prefer the upside. Time will tell. Watching.

capitalpropertiesfx

it seems that this pair wants to consolidate a bit more and a move to the downside should not come as a surpise. H&S on daily is still intact but, the difference between left and right shoulder is pretty big. Whatever will happen, the range must hold for H&S pattern to work out.

capitalpropertiesfx

Price is fractal. Price tends to repeat same patterns. Possible or not - you decide!

capitalpropertiesfx

No doubt - in big picture we've been consolidating near a former massive support zone and from a certain point of view, one could say that this is the first proper re-test. If this was a H4 (240min) chart - would you go long here? - Most likely not as you would consider this area as a resistance. Even if it would eventually break higher, these break-outs don't...

capitalpropertiesfx

Interesting situatsion in this pair. Price broke the trendline to the upside quite some time ago, then came back, re-tested it couple of times and formed a triangle. Now, the measured move of the triangle is almost done but it lines up with former lower highs very well and if the momentum is good, then we might re-visit 1.0350 area once again.

capitalpropertiesfx

No suprise here.. AUDUSD respected its range and is now back in the middle. From here - anything is possible. It looks bullish now but if it fails to break the small downward trendline, then we might head back towards 0.9200 area. Upward target areas are close to 0.9400

capitalpropertiesfx

This one is tricky. Depends on how you draw the trendline (actually, from where), it is either broken and re-tested or .. still doing its job and keeping the price higher. If this one should break lower, then most likey it is going to be USDCAD move, which just drags this lower as well but if it it wants to go higher then we need some magical data out of...

capitalpropertiesfx

Not much to add here. Equal legs from the highs + 61.8% retracement level. Time will tell if that is enough for EUR to start covering some losses.