CAD/JPY --------------------------------------------------------------------------------------------------------- CAD been gaining strength for the past few weeks and we have now reached an important supply zone. Here, price begun its Sell Move the last time it was here and created RBD and DBD from the zone. This is on a monthly, weekly and daily...
NZD/CAD ------------------------------------------------------------------------------------------------------------------ This past week, price experienced a heavy move into weekly and monthly demand. Since then, price has kept moving up. I see a reversal in trend and thus this bullish trend is definitely starting Additionally, a Head and Shoulders pattern has...
USDCHF ---------------------------------------------------------------------------------------------------------------- So we have been experiencing a huge downtrend for this pair since weeks. Dollar weakness contributes to this as well as huge uncertainity in the market because of trade war and interest rate cuts around the major economies. I have a huge demand...
EURCAD - SELL Swing -------------------------------------------------------------------------------------------------------------- Price has been in a downtrend for a quite some time. Last week, price has rallied earlier on just to decline heavily. This was because of receiving new sell orders at heavy supply zone above. Price will now return to that zone...
AUDNZD - Long ------------------------------------------------------------------------------------------------------- Posted this setup in May for a sell and TP got smashed without a doubt. Now we are looking for a buy after seeing compression into demand. We also see down trendline broken by that strong bullish impulse move last week. Buyer now have regained...
GBPNZD -------------------------------------------------------------------------------------------------------------------- GBPNZD has been respecting the ascending 2018 trendline very much this year and this month will be no different. Price has reacted to the daily supply zone and sellers have come into the market aggressively. We can tie in NZD interest rate...
AUDNZD -------------------------------------------------------------------------------------------------------------------- This is another pair that will see its trend being respected through and through. We will see shorts tonight but we would like to continue its bullish move right after that. After breaking weekly supply, it has now turned into DEMAND....
USDCHF -------------------------------------------------------------------------------------------------------------------- Haven't posted in a long time and it is only fitting that I resume with a major swing trade. Being a CHF pair, these pairs are one of the most respectable pairs as it relates to following the trend. If you are in it for the long haul, you...
USDJPY -------------------------------------------------------------------------------------------------------------------- Last week, we bought USDJPY and this morning we smashed TP hard. Now is the time to start thinking about selling JPY pairs, we already have AUDJPY set for a sell, now we look to other JPY pairs. Since we are thought of AJ sell, think of NJ...
XAUUSD - Gold ------------------------------------------------------------------------------------------------------------------- This we got TP smashed for our Gold trade that we held from last week. Again congrats, the world of Gold is one to be apart of. Just patience and you will get all that you want with Gold. I have a sell limit set @1310.591 SL:...
USDCAD --------------------------------------------------------- Even though USDCAD is in a 4 week range, there is a decent opportunity to profit from USDCAD this week/ Seeing that sell-off late last week, we are now in a good position to buy USDCAD. However, we will wait for price action to gives us good entries. Last time price was near the demand, we saw...
Aussie / Kiwi ------------------------------------------------------------------------------------------------------------------- Currently is sitting at Weekly Supply Zone, this pair received a push to the upside due to Rate Decision news by NZD last week. However, since AUD and NZD react almost always the same to news, we expect heavy bearish pressure tomorrow...
AUDJPY ------------------------------------------------------------------------------------------------------------------- Currently in a 10 week range since Jan 14, 2019. Hopefully we can see some movements this week fitting for a King! I see a fall after testing daily supply and weekly trendline resistance. We find ourselves in similar waters as weeks ago...
DXY ------------------------------------------------------------------------------------------------------------------- The US Dollar has been respecting daily trendline support for almost 12 months. One would imagine that weakness in the dollar is imminent. I would say yes but not that fast as people would think. Using supply and demand analysis, price has...
CXY - Canadian Dollar Currency Index -------------------------------------------------------------------------------------------------------------------- Currently in a 4 week range, saw a good surge of buyers on Friday. It is currently attempting to test 2017 descending channel. The reaction to this trendline will be instrumental in what happens next for the...
NZDUSD ------------------------------------------------------------------------------------------------------------------------------ Price has been in a 3 month range and there should be hopefully a decision by buyers or sellers as to what will happen. Last week sell-off showed strong bearish pressure within this range and a further decline should really see...
Swing Trade Idea for CADCHF Long. Chart pattern observed: Inverted Head and Shoulders. Saw it like in a second. Now the Left Shoulder and Head has been formed, now for the Right Shoulder to be formed. This is a slow moving pair but pays out well. This will take a very long time to play out. But patience pays. Price is pushing from demand on the weekly. From the...
Crude Oil Short After seeing the first drop at 60.25, oil has been declining ever since. And a bearish flag pattern is seen on the 1 hour. I see this as a CP (Continuation Pattern) To tie in this thought, I also see compression into demand where buyers keep buying until it reaches an area where supply exceeds demand and it quickly falls, Within that blue...