XAUUSD pulled back to our bearish trendline and is likely to bounce off the trendline. Since it is still respecting the symmetrical triangle well, we set our target within the triangle. Ichimoku is also indicating a bullish sentiment for Gold. Thanks everyone for tuning in to today's analysis of XAUUSD. If any part of this video is unclear, please ask me for in...
The left chart shows the daily chart of the EURUSD. The currency pair has reacted off of the black 20-day SMA resistance over the last 2 period (blue rectangle). The RSI remains on the bearish side of 50 (green rectangle) and the SMA is heading down. The right chart shows the hourly time frame. Here, the green 5-hour EMA is below the orange 10-hour EMA and the...
The charts show FXCM's USD index (USDOLLAR). The left charts shows the daily index powering into the black 20-SMA (aqua ellipse). If it overcomes this SMA resistance and the daily RSI moves above 50 (blue rectangle), it will be bullish developments. The right chart shows a strong intraday impulse with the EMAs (5-hour EMA >10-hour EMA) in bullish mode (green...
This is a chart shot of today's video on USDCAD Today we will take a good look at USDCAD and what possible key levels to look out for. Right from the long term, down to the short term! I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the USDCAD! Let me know your...
Today we will take a good look at USDCAD and what possible key levels to look out for. Right from the long term, down to the short term! I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the USDCAD! Let me know your thoughts and what other pairs you'd like me to...
Price is approaching a key support in line with our 50% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level to our first resistance level. Stochastic is approaching resistance as well. Do leave a comment on what currency pair you would like to see next. Attached is the video analysis, do check that out as well!
Price is approaching a key support in line with our 50% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level to our first resistance level. Stochastic is approaching resistance as well. Do leave a comment on what currency pair you would like to see next. Attached is the written version, do check that out as well! Cheers!
Signal ID: 71789 Time Issued: Monday, 11 May 2020 08:35:15 GMT Status: open Entry: 1.07939 - 1.08287 Limit: N/A Stop Loss: N/A The Breakout Opportunities system has just sold EURUSD at 1.08142. The system recommends entering this trade at any price between 1.07939 and 1.08287. The signal was issued because the EURUSD has broken its 24-hour low while our...
Signal ID: 71788 Time Issued: Monday, 11 May 2020 07:00:16 GMT Status: open Entry: 0.61168 - 0.61454 Limit: N/A Stop Loss: 0.60740 The Tidal Shift Strategy has just bought NZDUSD at 0.61311. The system recommends entering this trade at any price between 0.61168 and 0.61454. The signal was issued because our Speculative Sentiment Index has hit its most extreme...
Today we will take a good look at CADJPY and what possible key levels to look out for. Right from the long term, down to the short term! I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the CADJPY! Let me know your thoughts and what other pairs you'd like me to...
This is a chart shot of today's video on CADJPY Today we will take a good look at CADJPY and what possible key levels to look out for. Right from the long term, down to the short term! I utilise quite a bit of Fibonacci and graphical price action. Would be really lovely to hear your feedback and also have you guys share your views on the CADJPY! Let me know your...
XAUUSD is approaching the upper band of the symmetrial triangle, and it is the 76.4% fibonacci retracement level. The level also happens to be where the swing high is. Harmonics also indicate that it is a good level to sell high. Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section...
XAUUSD pulled back to our bearish trendline and is likely to bounce off the trendline . Since it is still respecting the symmetrical triangle well, we set our target within the triangle. Ichimoku is also indicating a bullish sentiment for Gold . Thanks everyone for tuning in to today's analysis of XAUUSD . If any part of this video is unclear, please ask me for...
XAUUSD is approaching the upper band of the symmetrial triangle, and it is the 76.4% fibonacci retracement level. The level also happens to be where the swing high is. Harmonics also indicate that it is a good level to sell high. Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section...
The above chart show's FXCM's DAX proxy - the GER30. We note that the orange 13-day EMA has crossed above the black 34-day EMA (green ellipse). This has put the EMAs into a bullish stack. I.e. the green 5-day EMA is above the orange 13-day EMA, and the orange 13-day EMA is above the black 34-day EMA. If the EMAs develop angle and separation to the upside, it will...
The charts refer to FXCM's USD index (USDOLLAR). On the left, the daily chart shows that the index tried to overcome its black 20-day SMA resistance but was unsuccessful (aqua ellipse). The SMA remains pointing down and the daily RSI is on the bearish side of 50. The right chart shows the hourly time frame. Here too, the RSI denotes an underlying bearish momentum...
The Breakout Opportunities system has just sold USDCHF at 0.97373. The system recommends entering this trade at any price between 0.97204 and 0.97481. The signal was issued because the USDCHF has broken its 24-hour low while our Speculative Sentiment Index was at 2.14909, suggesting that the USDCHF may have further to fall. A stop loss has been set at the 24-hour...
XAUUSD is in a symmetrical triangle. In stead of playing a breakout in either direction, we decided to play a possible reversal in the triangle as there's no signals for breakout in any time soon. 78.6% and 88% Fibonacci retracement are important triangle retracement levels that we used to identify the levels. Thanks everyone for tuning in to today's analysis ....