stanvax

stanvax

Boeing seems to trending downwards along this channel and with quite a few technical headwinds providing plenty of turbulence - I see us landing at around 320 in the next few weeks. Channel provides a potentially excellent Risk:Reward - I sold at 363 with a stop at 375 - buckle up!

stanvax

Strong rally in down channel seems to have run out of gas - area of resistance just above should offer protection to stop just above - looks like a reasonable risk:reward ratio to me

stanvax

I'll be honest - I've been wanting to find an excuse to short Herbalife for a while now. and the deceleration of highs is starting to suggest a stock about to take a breather from gains for a while - Don't think we'll see a collapse - but my money is on seeing $50 before we see $60

stanvax

Looks like a bottom has been well and truly made - target close to 1000 Still susceptible to China US tariff politics but - looks like a strong reward: risk ratio Break above 920 would seal the deal

stanvax

After the correction caused by Carney last week - I think the GBP will re-establish its steady recovery against the Euro. Clearly there are big issues politically - and that could derail the recovery, but the growth of the UK economy surprised commentators last week - and from here in the UK it feels pretty solid. I think ultimately we will see 1.20 before we see...

stanvax

Looking for a pull back to target of 0.77792 over the rest of August - where we go from there depends on China numbers and US Labor data/inflation risks. Daily close above 0.79809 would cause a rethink - but the balance of probabilities suggests like were heading lower

stanvax

Fundamentals, OPEC maintaining volume capacity, coupled with technical analysis suggest that the recent rally in Oil is running out of energy. I expect a reversion to the lows expecting a retest of the recent lows throiugh the summer. Risk to reward ratio looks favourable

stanvax

EURJPY seems to be occupying a channel which will take it towards 135.00 over the next few weeks. The rally of the last few days seems to be running out of steam at the upper band of the channel and as sentiment towards relaxation of monetary policy in Eurozone is likely to intensify, Pressure on the Euro is likely to become stronger. I target is hit I expect...

stanvax

Gradual short on Euro suggested by deceleration of highs and lows over the past year may suggest gradual correction into 2015. Fundamental weaknesses in Eurozone economies and increasingly desperate monetary policy loosening may also help

stanvax

Familiar pattern, low risk stop above recent high - plenty of room below

stanvax

Not without risk (what is!) but the balance of probability on this pair is a return towards 1.28. The series of reversals against a declining trend line seems to point towards a continuation of this theme. A negative week ahead would make last week's attempt to break this trend line seem very exposed and bearish candle indeed.

stanvax

AUD/USD at key support level, fall through this level suggests significant move downwards. Contraction in Chinese demand fundementally supports bearish technicals. QE3 may provide complications, but direction of travel for AUD/USD negative.

stanvax

Harvest reports and falling demand are making the price rises seen since June appear overdone.