handalfavio

handalfavio

Maybe today with FOMC press conference we can have the awaited break of the main trend with a neckline on 1.18 Really nice head & Shoulders!

handalfavio

DXY is about to begin a strong trend up! get ready EURUSD ----> down GBPUSD ----> down USDCAD ----> Up best pairs to trade

handalfavio

EURUSD is near the level where a right shoulder is formed, so if 1,1950 is not breach it has mayor implications Wait a couple of days to see

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DXY is possibly forming a inverted head and shoulders on a daily basis, arguing for a strong comeback! Is the Brexit risk the catalyst for a major dollar run?

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GBPUSD is on a rising wedge with a high probability of moving down very strong if 1,28 level is broken. With UK NO-DEAL about Brexit conditions it could bring a lot of noise and the deadline seems to be mid October for the decision. So maybe this couple of weeks we can have a trading range and probably form a right shoulder between 1,30 and 1,32

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EURUSD is about to form the right shoulder for the continuation of the mayor trend down With Brexit risks on the table look what happens in 1992

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Here is a powerful chart about the dollar trend that is about to begin, we may have a small correction but in the long term the USD is going DOWN

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BYE BYE dollar, we are beginning a new trend down for the dollar against every other currency for at least a couple of years...

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EURUSD is very near of having a resolution, we can continue with the trend in blue or turn around strongly At the time i think US is going to show better macroeconomics data than EUROPE because of the FED and the government reacting to the crisis so strong relatively talking, so maybe US became more attractive for investors. That means USD demand for better...

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The pair had a false break at he beginning of this week, now with yesterday sell off we have a possible H&S pattern that is forming in the short term (2hr or 4hr charts) . It seems that we need a strong correction down, or maybe the Dollar is about to regain its uptrend for good Lets see if the last 3 months trend line holds or breaks regards

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CADJPY charts are telling us something... BIG patterns are almost ready and like 2008 BIG movements are about to come, i am not sure that markets already passed the BAD news and COVID problems so maybe we are about a few weeks away from a mayor melt down... Regards

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GBPUSD is showing a very interesting scenario, we are about to see is the price execute an inverted Head ans shoulders or a wedge that is going to activate probably a downward triangle for the long term. Very nice to wait and see what scenario plays out. regards

handalfavio

This currency pair is just on the brink of breaking down, or maybe hold the trend line and bounce big time in line with DXY. They move together very nice correlated. We need a monthly close to take any SELL action below the main trend line. Again in line with the rest of important pairs EURUSD, GBPUSD, and DXY we have to wait a little bit and see what the market...

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The big question is if the dollar is going to hold or loss the Trend Support... I think the market is going to bounce strongly, because of Risk OFF move in the near future. As i mention in other posts i think "something is cooking" because for me is amazing that the market recovered so fast with all the structural problems we still have...high unemployment,...

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Here we have a possible downward triangle on a weekly basis, maybe in a couple of weeks we can see this pattern play out. I am not convinced about the velocity of the market recovery, maybe i am wrong but something is cooking up, lets see for a couple of weeks is the current level is respected or not. We also are constructing a wedge pattern for the price to...

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The price try 2 weeks to make new highs and fail, so much probably a correction is coming, the question is, the trend is going to continue down to the triangle target 0.90, or the price is going to break for a new trend to begin and march higher over the years? very important time the next couple of weeks to know what is going to happen in the medium term.

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This market is telling us something, i am not convinced about the stocks gaining almost the level before the COVID crisis Maybe we are going to have an ugly surprise in a couple of weeks, that send the markets into RISK OFF mode... but we have to wait for the signal

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This is my weekly ghost feed on what to expect on EURUSD, we are finalizing a 4th wave H&S pattern for the last move on the pair to a target of 0,85 in the next 12 to 18 months Great opportunity to SELL at 1,16