USD/CAD USDCAD has drawn closer towards the 61.8% retracement of wave ((1)) at 1.3068. Lacking evidence of a turn higher in five waves, that level may be fully tested. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading...
Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We,Genesis Trading...
Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We,Genesis Trading...
USD/CHF From current levels USDCHF will stage at least a correction of the impulsive rally from 0.9848. The fourth wave to 0.9920 might act as support. The 61.8% retracement target lies at 0.9897. If the double top represents wave b of a flat correction wave c will unfold in five waves and reach below 0.9848. Disclaimer: The information contained in this...
USD/CAD USDCAD has continued higher so we can consider raising support to 1.3019. Weakness beneath support would suggest a correction is underway. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets...
GBP/USD The setback from 1.3258 is in three waves which makes it a possible correction. A turn higher from above 1.2922, and ideally closer to current levels, that exceeds 1.3131 would hint the larger advance has resumed. Otherwise, a dip below 1.2922 would damage the bullish outlook. Disclaimer: The information contained in this presentation is solely for...
Favoring lower to complete wave II. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own...
GBP/USD Wave (C) of a zigzag correction should unfold in five waves and reach below the end of wave (A). Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully...
Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We,Genesis Trading...
AUD/USD The price action is still corrective, suggesting wave c is still subdividing. A break below 0.7099 would be needed to argue that it's complete. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities...
USD/CHF There's no evidence wave ((C)) is complete. The recovery has stalled. USDCHF is vulnerable to a turn lower in wave ((D)). Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be...
AUD/USD The price action is still corrective, suggesting wave c is still subdividing. A break below 0.7099 would be needed to argue that it's complete. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities...
USD/CHF There's no evidence wave C is complete. USDCHF is vulnerable to a turn lower in wave D. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if...
USD/CAD While USDCAD has tested just below previous fourth wave support, we'll need to see it up in five waves and above 1.2999 as evidence for a wave (ii) low. Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in...
Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We,Genesis Trading...
Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We,Genesis Trading...
The idea wave 5 has begun Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial...