This is the chart shot for today's Video Analysis of USDCHF .
Today we will take a good look at USDCHF 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...
The Tidal Shift Strategy has just sold USDJPY at 107.789. The system recommends entering this trade at any price between 107.577 and 108.001. The signal was issued because our Speculative Sentiment Index has hit its most extreme positive level for the past 145 trading hours at 2.201, which suggests that the USDJPY could be trending downwards.The 14-period Average...
GBP/USD is approaching our first resistance in line with our 78.6% fibonacci extension and 61.8% fibonacci retracement where we could see a reversal below this level to our take profit level. Our take profit level is in line with a horizontal overlap support, 23.6% fibonacci retracement and 100% fibonacci extension level.
We will be linking the video analysis...
GBP/USD is approaching our first resistance in line with our 78.6% fibonacci extension and 61.8% fibonacci retracement where we could see a reversal below this level to our take profit level. Our take profit level is in line with a horizontal overlap support, 23.6% fibonacci retracement and 100% fibonacci extension level.
We will be linking the written version...
Hey we are on USDCAD today, requested by manjahi.
USDCAD is on bearish trend due to USD weakening. Fundamentally, USD liquidity crunch is largely eased after Fed announces $450 Billion dollar liquidity to 9 central Banks . Remember that price tend to have large volatility ahead of important events including central bank meeting, so it is good practice to close...
Hey everyone, today we are on USDCAD , requested by Manjahi.
We explained why USD weakened in the video and it is possible that as U.S. stock market rebounds, USD could weaken further. Also need to be careful that tomorrow BOC rate meeting is on schedule and could cause huge volatility in the pair. It is always good practice to close your position before big...
Hey everyone, today we are on USDCAD , requested by Manjahi.
We explained why USD weakened in the video and it is possible that as U.S. stock market rebounds, USD could weaken further. Also need to be careful that tomorrow BOC rate meeting is on schedule and could cause huge volatility in the pair. It is always good practice to close your position before big...
The left chart shows FXCM's JPY index, the JPYBASKET, challenging its black 20-day SMA. The SMA is also hinting that it might turn up. At the same time the daily RSI is looking to move above 50 (blue rectangle), which is indicative that an underlying bullish momentum might be building. The right chart shows the hourly time frame. We note that the hourly RSI is...
Hey everyone we are on GBPCHF today. Price is approaching our upside confirmation, in line with a 61.8% fibonacci extension and graphical pullback resistance. If price breaks above this level, it will open up more upside from here.
Here's our written version of the EURUSD video analysis, price is approaching our buy entry, in line with a 100% fibonacci extension and 38.2% fibonacci retracement where we could see a bounce above this level.
Here's our view on EUR/USD, price is approaching our support where we are expecting a bounce above this level. We will be posting the written version soon so do keep a look out for that!
The Breakout Opportunities system has just sold AUDJPY at 68.505. The system recommends entering this trade at any price between 68.246 and 68.681. The signal was issued because the AUDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 1.393, suggesting that the AUDJPY may have further to fall. A stop loss has been set at the 24-hour high...
This is the chart shot for today's Video Analysis of AUDJPY .
Today we will take a good look at AUDJPY 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...
Today we will take a good look at AUDJPY 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 AUDJPY!
Let me know your thoughts and what other pairs you'd like me to...
The left chart shows the daily chart of FXCM's EMBASKET, which is an equally weighted index of the CNH, MXN, ZAR and TRY. The index is below its black 20-day SMA and the SMA is pointing down. Moreover, the daily RSI is below 50 (blue rectangle), which is indicative of a bearish momentum. The hourly EMAs have crossed bearishly and the hourly RSI has pushed below 50...
Today we will take a good look at NZDUSD 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 NZDUSD!
Let me know your thoughts and what other pairs you'd like me to...
The Tidal Shift Strategy has just bought EURUSD at 1.0946. The system recommends entering this trade at any price between 1.09277 and 1.09643. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at 1.1096, which suggests that the EURUSD could be trending upwards.The 14-period Average...
Hey guys! Here's our analysis on EURJPY , price is reaching our sell entry at 38.2% Fibonacci retracement and 61.8% Fibonacci extension where we could see a reversal below this level to our take profit level. Stochastics is reaching our resistance as well.
