EURUSD DAILY 1. Identified 1.10-1.11 as a probable support zone. This level acted as resistance in the past and may act as support in the future. 2. Identified 1.1478 - 1.1546 as a probable resistance zone. This level acted as resistance in the past. 3. I will be looking to buy EURUSD in the 1.10-1.11 zone given I get a buy signal on a lower time frame...
USDNOK can be bought around 7.57 with a TP around 7.73 This is a counter-trend trade (from daily chart). Once it reaches 7.75, you can short it. Review Daily Analysis Chart
Look for bearish signals around 7.73 - 7.75 Bearish Signals include: 1. Divergence on H4 or H1 charts (any sort of divergence). 2. Bearish candle formation on H4, H1 Target is the 200EMA or 161.8% extension from the down move at around 7.3
Shorting EURUSD with a SL above the highs and a TP 1.100
Go Long on a break of trendline or 100EMA .. target the M pivot at 2.000 If it breaks below the trendline, then will re-asses.
I am looking to short GBPAUD to 1.8440 zone ** Enter Short on a break of trendline or on bearish divergence on lower time frames
With Bad US Data, I believe the FED will postpone the rate decision to September 2015 OR in my opinion, we will not see a rate increase this year. The anticipation for a rate hike was priced into the USD and with bad data coming out of the US, I think bears will take control of the market until September. Therefore, I would like to sell the USD on rallies until...
I would love to buy EURUSD. Either - a Break and close above the 100EMA - If price drops to the uptrend line at 1.06 area, I would like to buy based on bullish divergence or a bullish candle stick formation. I believe EURUSD needs a pull back up to 1.13 zone
EURJPY I would like to be long EURJPY on a break of the down trend line. My target will be the Yearly Pivot at 143 area. This is a long term perspective. Price may still push lower from current levels but I will be searching for long opportunities at this time
EURNZD DAILY TF I am expecting EURNZD to rise to 1.4230 which is a previous support level which may act as resistance. Down trend line may act as resistance as well. A break above 1.4230 level and the down trend line, will open the door to 1.4500 level
EURGBP DAILY - APRIL 20th 2015 I am expecting EURGBP to rise to 0.73800 during this week based on: 1. Tweezer bottoms at the backside of a broken trendline 2. MACD bullish divergence 3. 100EMA above price Crossing the 0.73800 zone with a bullish candle stick opens the door to 0.7800 zone
EURCAD 2D TF has put on a Bullish Piercing Line Candlestick formation. I am expecting EURCAD to move to 1.3400 zone in the week starting April 20th 2015 If price crosses the 1.3400 with a bullish candlestick, then the next zone is the 1.3800 If price faced resistance at that level, then price may drop back again to 1.3000 For this week, I remain bullish EURCAD...
GBPAUD DAILY - SYMMETRY TRADE AB = CD TARGET 1.9086 ... SELL ON BOUNCES
We might see a bounce up in EURUSD within the following months to 1.17-1.19 before heading further down to 0.98 OR Price may want to get to the Yearly Pivot before heading down (at 1.27) ? It will be interesting to watch !!
FINALLY, I CAN SEE DIVERGENCE IN OIL WEEKLY. WEEKLY CANDLE IS BULLISH OIL WILL PROBABLY ATTEMPT TO HIT 71 (YEARLY PIVOT). I WILL GO LONG OIL ON A BREAK ABOVE THE DASHED BLACK TRENDLINE !!
I can see USDCAD trading sub 1.14 by June 2015
Symmetry Trade in Silver Daily. Price was making lower highs and lower lows, THEN, market structure changed and price made a higher high with a higher low to start what maybe a bullish trend. I believe we may see silver at 19.76 with a period of 30-45 days This matches somehow with Gold analysis of being long to 1230