VIDEO ANALYSIS: EURNZD SWING TRADING OPPORTUNITYIn this video update, we discuss a potential swing trading opportunity on the Daily timeframe.
We spoke about this market last week as price tested the key resistance. We are looking for a bearish
rejection candle from the resistance in order to get short here. Looking at the lower timeframes we
can expect the price to break the wedge pattern. If we see a clear close below we can look for the
continuation move to the key demand zone.
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ANALYSIS: EURCHF HITS FIRST TARGETSEURCHF has smashed through our initial targets and has continued lower.
Now the price has confirmed a lower low, we can look for continued short
opportunities down to the key demand zone. CHF strength looks likely to continue
with the risk-off sentiment in the market.
VIDEO ANALYSIS: GOLD BREAKS NORTH...$1350 NEXTIn this video update, we take a look at the price of gold as we expect to see highs of $1350.00 very soon.
Trade tensions continue to rise between the US and China to the point of China retaliating adding extra tariffs
to US goods. Technically Gold is breaking out of the key consolidation pattern and should continue to rise
up into the key resistance.
ANALYSIS: CAN THE USD INDEX BREAK LAST WEEKS LOWIt will be important for the USD INDEX to break last weeks low if we are to continue
to look for USD weakness. The majority of the major currency pairs look to be at
support suggesting USD weakness could be in play. If we don't see a close below
we would need to wait for added confirmation.
VIDEO ANALYSIS: CRUDE OIL TO RISE NEXT WEEK?In this video update, we take a look at Brent Crude Oil as the weekly suggests we could see
further upside next week. If the current weekly candle closes back within last weeks
range we could see the market move back towards 75.00. We were expecting the price to
test the 38.2 Fibonacci retracements however this looks unlikely now with current
price action.
VIDEO ANALYSIS: SHOULD YOU BUY INTO BITCOIN?In this video update, we take a look at the Cryptocurrency market and in particular Bitcoin.
We feel that if the market stays below 7000.00 we should see another fall back towards the 4000.00
highs. If the market closes on the weekly timeframe above 7000.00 then we could look for a longer-term
bull run out of the crypto market.
ANALYSIS: DOW TO PUSH DEMAND ZONEFriday will be a crucial day for the Dow and the stock market as Trump imposes tariffs on China.
He has stated that the trade deal with China is taking too long so he needs to take action.
This could bring the Dow lower as investors will likely move from a risk on sentiment to risk-off sentiment.
The key demand zone at 25400 will likely be tested, but will the demand zone hold?
VIDEO ANALYSIS: USDNOK AT KEY SUPPLY ZONEIn this video update, we take a look at USDNOK as price sits at a key supply zone.
The USD Index highlights the potential weakness to come in the USD and with
Crude oil prices stabilising after the recent inventories we could see this market
trade within the range. Technically the daily candle is showing a false breakout.
The 4hr timeframe also shows price forming a bearish channel where we could
see a bearish breakout.
ANALYSIS: EURNZD TO FALLEURNZD has re-tested the key supply zone after the latest RBNZ decision. With strength
and weakness indicators suggesting we could see a reversal in the current NZD weakness and EURNZD
being at resistance we could see the market fall. Currently, the price is forming a bearish wedge pattern,
a break lower would suggest that price could fall back to the key demand zone.
VIDEO ANALYSIS: NZDJPY AT KEY DEMAND ZONEIn this update, we take a look at NZDJPY as price finds support at the key demand zone.
The RBNZ did cut rates yesterday but stated that they don't see any further cuts in the near term.
This not so dovish outlook saw the price recover quickly from its earlier lows. Technically, we are
looking for price to form a double bottom pattern before getting long.
ANALYSIS: EURCHF TO MOVE LOWEREURCHF is currently sitting at a significant supply zone and could fall if the CHF
gets stronger as the CoT report identifies. Looking for short opportunities from the
zone with first targets being the key 4hr lows at 1.1350. If price breaks below
this low and closes, look for longer-term shorts down to the weekly demand zone.
ANALYSIS: USDJPY AT 110.00 COULD SEE INDICES RALLYWe have seen the stock markets fall as President Trump continues to talk tariffs on China.
This has seen a move from risk on to risk off with safe havens such as JPY feeling the benefit the most.
USDJPY offer support at 110.00 and if price starts to move higher we could see the indexes rally too.
The Dow offers support at 25400.00 and if the price becomes bullish here we can look for long opportunities.
Correlate the risk on, risk off sentiment here and trade the appropriate market.
VIDEO ANALYSIS: WATCHING NZDUSD AHEAD OF RBNZ In this video update, we take a look at NZDUSD as we expect the RBNZ to cut interest rates.
If the RBNZ continues to be dovish and talk of future rate cuts we could see the market
test the key lows at 0.64500. In these situations, we often see a reversal as the bigger
players could have priced in the rate cut. Price is testing the yearly lows currently and could
find support here.
ANALYSIS: AUDUSD AHEAD OF THE RBA MEETINGThe RBA is set to announce rates in a few hours time. The Australian central
bank is likely to hold rates and we could see some upside to the AUDUSD
despite Trump's latest announcements on tariffs. If the daily candle closes
bullish we can look for a lower risk trading opportunity from the key
demand zone.
ANALYSIS: GOLD LONG IN RISK OFF MARKETWith President Trumps latest Twitter announcement, we have seen a sell-off in the stock markets
leading to a risk-off sentiment in the market. Technically we can see that Gold is working within a
bullish channel finding support at $1269.00. We will be looking for long opportunities on the lower timeframes for entries.
ANALYSIS: ETHEREUM BREAKOUT POTENTIALEthereum looks to be forming a bullish consolidation pattern with the price
likely to break higher. The pattern is supported by key daily lows and Fibonacci support.
If we see bullish price action at the lows of the consolidation we can look for long opportunities.
ANALYSIS: NZDCHF BREAKOUT SHORT OPPORTUNITYLooking at the strength and weakness charts we could anticipate another push lower for this
currency pair. NZD remains weak and could continue lower until we see some significant
buying opportunities. The non-commercial contracts showed an increase of 42% in longs suggesting
we could see some strength re-appear for the Swiss Franc. Technically we can see that price
has impulsed lower and formed a bearish consolidation pattern. If we see a breakout
we can look to target the range lows.
ANALYSIS: EURUSD SHORT POTENTIALEURUSD is back at previous lows and trendline resistance. We also have a 50% Fib
level sitting at the resistance adding confluence. IF we see USD strength continue
we can expect EURUSD to move back towards the 127.2 extension.
Be aware that it is later in the week and we could see a weekly false breakout for USD weakness
to continue. If the price doesn't close below 1.1150 look to take profit.
VIDEO ANALYSIS: SILVER REMAINS AT THE KEY DEMANDIn this video update, we take a look at Silver as price remains at the key demand zone.
With the upcoming rate announcement, we could see Silver prices move higher.
Technically price looks to be consolidating towards the key demand zone. A move
above 15.10 will be ideal to look for significant silver strength.
ANALYSIS: GBPNZD TO FIND HIGHER PRICESGBPNZD is on our watchlist this week as price recently rejected a supporting trendline.
The BoE is expected to leave rates this same this week however, data suggests we are close to inflation targets.
This could lead to the BoE providing a hawkish tone to their statement. The 4hr timeframe
has broken out of a short-term range. Look for price to re-test this and push higher.