peterbokma

peterbokma

The pair is short-term overbought, and stochastic is negative. I feel we may see a test of GANN support 194.70 area. Strategy SELL @ 195.30-195.70 area and take profit near 194.27 for now.

peterbokma

The pair is very oversold, and it requires corrective action. RSI very low, and also we are well GANN supported but require to overcome the resistance at 0.6430 area. Strategy BUY current 0.6360-0.6375 and take profit near 0.6478 for now.

peterbokma

It is not for the fainthearted trading this share currently, however, it is good to place things in perspective. Pre- US-election the share was trading around $ 250 and today we are after market $ 472 per share, which represents a move of 88% of the value before the election. For sure, the leader of the pack, is bright and a visionary and has achieved incredible...

peterbokma

The pair is solid moving upwards, but it is severe overbought. We have a reasonable level for OIL and holding well, and there is a chance that USD may undergo some weakness. Strategy SELL @ 1.4230-1.4260 area and take profit @ 1.4135 for now.

peterbokma

The share has risen far too much, and all based on hype, and forecast of $ 400.00 by some reputable institutions. So, yes price erached beyond $ 435..and now what.. is the question. RSI is very high and should reflect the overextended BUYING of the market. GANN also suggests we see the peak below $ 446 area, hence decline feels imminent. Strategy SELL current $...

peterbokma

The pair has had an impressive move higher, and it may re-test 17.9300-17.9500 again. Strategy range trade 17.7000- 18.0450 is my viewpoint with current bias testing upwards.

peterbokma

The pair is under pressure, and indicators are mainly negative. It is possible we may see a move towards 1.9550 in the medium-term. Strategy SELL @ 1.9840-1.9880 and take profit near 1.9590.

peterbokma

the pair is very oversold, but needs to overcome 1.2650 area. The indicaters are all still negative territory, except very low RSI as a note. Strategy BUY @ 1.2610-1.2635 and take profit near 1.2765 for now.

peterbokma

The pair has moved a little lower, but is held up by the cross selling of GBPAUD, i.e. AUDCAD moved strongly higher due to ecenomic data release from Australia, which were positive outcomes. For now, the strategy remains in SELL mode due to stochastic, SMI and MACD etc suggesting lower levels, and we are still overbought (reduced). Strategy SELL @...

peterbokma

The pair did not manage to hold above 0.9060 as I initially believed it would. Now we are solid below that, and there is ample room towards 0.8913. The pair is not oversold as yet and negative stochastic, MACD etc does not bode well short-term. The tonight's decision BOC may provide strength to the CAD, it feels. Strategy SELL @ 0.9015-25 area and take profit...

peterbokma

The pair is way overbought, and the real correction will likely be tonight after BOC decision. we could have a rate cut, as expected, or maybe not, and statements by them, may create CAD correction. Strategy SELL @ 1.8070-1.8110 range and take profit near 1.7878 (or first stop at 1.7965).

peterbokma

The pair had an impressive rally from few days ago from 1.9760 area, and it looked as if we may have stopped around 1.9950. However, we broke through GANN resistance of the same, and spiked thereafter, and even so early awhile ago. From technical perspective and STRONG GOLD price, the cross is way overdone, and even though we moved higher, it still means a...

peterbokma

This pair is very oversold short-term, and there should be some reasonable recovery in coming sessions. The RSI extremely low, and GANN support 11.3400 and -11.2800. Strategy BUY current 11.3400 area and take profit near 11.5000 for now.

peterbokma

The pair has been aggressive in its movement, and its really a tag-and-war fight. The 0.9060 area seems crucial area, as we have moved above and below it with speed. Now we are slimilarly near that level, and judging indicators, chances for moving higher is possible. It is also reflected in the GBPCAD and GBPAUD behavior. Strategy BUY @ 0.9040-0.9060 area and...

peterbokma

Considering we are still overbought, but lesser then previously, it does not mean the correction is over. The low 1.9760s was good, but we did not trade lower levels for a while. It was very short lived. this means a second run is likely on the cards. Overall, overbought RSI and also we are protected GANN resistance 1.9987 and 1.9845 support for now. Strategy...

peterbokma

It has been moving up sharply in line with BTC, which also starts looking very overbought again. Further, there is a greater potential to see lower, than higher based on RSI and other indicators. Strategy SELL @ $ 3,950-4,050 and take profit at $ 3,450.00.

peterbokma

The pair moved like a bullet, and it has harmed many on its way. The RSI's which are important criteria are even higher than the October run up. The current pattern is a false BULL FLAG and this usually suggests a correction back to the base of the pole again. That is why, regardless where we stop, the return level will be roughly the same. It even appears we...

peterbokma

We broke through 0.9100 and also we went negative mode on Ichimoku, plus stochastic andx the lot. However, we are now in oversold territory (not extreme) and besides, GOLD is holding and firming up, whilst OIL remains down. This should mean from fundamental perspective a higher cross. Strategy BUY @ 0.9005-0.9035 and take profit @ 0.9085 area.