capitalpropertiesfx

capitalpropertiesfx

It is safe to say that the recent upward trendline is broken but one should not rule out a possible re-test, which could take EURUSD back above 1.3600 level. In bigger picture things are starting to look a bit heavy for the euro and if the price does not manage to get back above 1.37 then further downside is very much expected.

capitalpropertiesfx

This pair has reached an interesting area. It has been a support and resistance level for numerous times but the question is: does it hold any values this time? If it does, then it should be good news for EURUSD bulls.

capitalpropertiesfx

I'd say things just got interesting in this pair. The lows were taken out overnight, which means that most likely a fair amount of longeterm long positons were also stopped. If we should turn around, then it was a classical stop-hunt but if price does not pullback, then this move might be the real deal. Whatever the case is, I'm watching this one closely to look...

capitalpropertiesfx

Pound is showing some signs of weakness but in bigger picture it remains fairly stong. What I'm looking for is move back towards 1.70 and if we get there, then I most likely would consider a possible short position.

capitalpropertiesfx

Euro found buyers yesterday evening and the fact that it happened right before ECB press conference, makes it rather interesting. From the short-term perspective we are at crossroads. We have plenty of resistance above current price and in the same time, we are very close to the 1.3290 area support zone + on the weekly (see related chart) we are in a dangerous...

capitalpropertiesfx

I would like to see price reach my area of interest to plan my next move. If price does not reach it then, I'll stay away until I see something new and interesting.

capitalpropertiesfx

Kiwi played a small trick on bulls yesterday by selling off after very good improvement in the unemployment rate (5,6% vs 5,8% expected). Nevertheless, I like the current area for a possible longer term position towards new highs. SL is very small but the reward is huge.

capitalpropertiesfx

It has been a nice move from the lows but it might stop here. We have reached the 50% retracement level + this area is a former consolidation area. Hence, price may take a small break here to relax and just enjoy itself.

capitalpropertiesfx

My plan from last week (see related chart) was to wait for another low to buy it towards 1.36. However, plans change as the pair is looking rather fishy, I'd say a new low could trigger a bigger move to the downside towards 1.3200. So, in conclusion, as long the low holds I remain positive about furher upside but if not, then looking for a more agressive move...

capitalpropertiesfx

This pair reached my Area of interest (see the related chart) and so far the reaction has been positive. I'm looking higher but I remain cautios as the price action is very slow.

capitalpropertiesfx

Pound has been under some pressure lately (or maybe it is just profit taking) and the ideal scenario for me would be another spike lower towards 1.6770/60 area, consolidate there and then start another advance towards higher values. Of course, anything can happen as there is a ton of data coming out from UK this week.

capitalpropertiesfx

Price broke the trendline to the upside but as this is pretty longterm trendline, I expect price to come back and re-test it to validated the break if this move is real at all.

capitalpropertiesfx

Recent move to the upside in this pair looks too steep to me and I suspect that we might retrace quite a lot of it. Hence, I'm looking for price to reach my Area of interest and if I like the structure at that moment, I may consider a fresh long position. If the price does not reach the area, then I'm not interested.

capitalpropertiesfx

I've been tracking this pair for quite some time and so far it has played out pretty well. Even though my initial target areas were reached, I don't think this pair is done with the upside. I'm watching the .50 fib level, which is very close by and .618 to finish the move for now.

capitalpropertiesfx

This is what I'm looking for. I'd like to go lower but not below 1.3300. If we should break lower with a spike, then it's OK but if we should slowly dfrit below that level, then I might abandon the idea for now. But as long as we stay above 1.3300, I will look for long opportunities between 1.3350/20.

capitalpropertiesfx

Possible double top in this pair and I'm afraid that this will not hold as USD is very bullish at the moment. Safe play would be to use a pending order with a tight stop.

capitalpropertiesfx

If we break the resistance area (and re-test it if possible) then, my plan is exactly what you can see on the chart. Target 1 = 0.7980, Target 2 = 0.8060. Probably going to break-even when Target 1 is reached.

capitalpropertiesfx

Well, I got what I wanted and the price broke the trendline. I would prefer a re-test under normal conditions but in this case price is already quite far away from the re-test area, that if it should go there, then the whole scenario will probably fail. Anyways - looking higher.