maccabean

maccabean

Pays an excellent overnight premium. Perfect hedge for JPY pairs?

maccabean

USDJPY fell dramatically.

maccabean

I'm looking for a break above the first resistance, then another break above the long term downtrend resistance. GBP looks good as it delays brexit and NZD lowers interest rates and continues it will signal to do so.

maccabean

They are prescient and it will pay to take notice. Last couple of times it's appeared signaled a big move in the market. This doji needs to hold to Monday. If it does sell the kitchen sink.

maccabean

Not sure what's going on here but you would think stocks wouldn't be at the level they are now.

maccabean

The green period sets the tone for the next few periods. A sharp drop characterized by an immediate and sudden bounce higher ending with concave summit. The red period sets the tone for a small retracement but then another leg up. This period ends with a high degree of consolidation and relative quiet. The blue period is where we are now and the sequence of...

maccabean

With Moving Averages indicated by MACD flattening and volatility quite low, I expect to see a drastic move up or down moving to the triangle apex.

maccabean

Possible support line has now turned resistance. The four hour chart indicates overbought levels perpendicular

maccabean

The spring back is possibly underway

maccabean

Resistance line going back to the 9th will be a barrier. Looking for momentum to push price lower.

maccabean

It seems nothing can stop the USDCAD rally. Crude oil highs? Nope. Great data releases? Nope. American jobs below expections? Nope. 1.33 technical level resistance and supply? Perhaps, though will likely breach with current momentum. Fed intransigence on raising rates? Nope. There seems to be simply an impulse higher on a Canadian interest rate cut possibility...

maccabean

A break below is a sell signal. Deutschebank selling momentum might push this further down.

maccabean

4h MACD crossover looks to move lower. Falling to support and 20 MA. Break below is a sell signal.

maccabean Updated 

NZX50 just published a very bearish candle. Gapping to the upside then moving lower in a day. Possible short opportunity but wait for confirmation. Price overbought according to indicators.

maccabean

As I see it four possible levels with the use of moving averages, trend lines and fib levels. First level is at ~17900, next level is between 17558 and 17460, next level is at ~16468 and next level is ~15476. It possibly might go lower if September rate hike is announced. Good luck. In any case, with the current strong momentum after a coiling of the price, I...

maccabean

Call the mechanic cos break down is coming around the corner. The price is clearly rolling over. Bollinger band width is tight and MACD also starting to lost momentum. Sell.

maccabean

Well we've hit long term resistance and CCI shows overbought. I think we're getting close.

maccabean

Selling opportunity with potential for RBA to cut in Nov.