Down
EURJPY Bearish CypherHey everyone,
Here we have a bit of a messy Cypher pattern on EURJPY. I entered this late last week and thought I had made a post but must have missed the publish button. Since entering the market has rolled over about half way to first targets, but it will be interesting to see what happens going into next week.
Will be hoping for the volatility to pick up again now were out of the Christmas and New Years break and start bringing in the pips!
Targets for this pattern are 382 and 618 retracement of X-C.
Stop loss placement is a 113 retracement above X-C.
Any questions just ask!
EURUSD Short-term Technical OutlookGood evening traders.
After EURUSD forming a nice double bottom just ahead of the 14 year low, we have been seeing a decent pullback on this pair. The pressure is still definitely to the downside as long as we remain below 1.052 so looking for shorting opportunities is preferred. The latter will act as the "line in the sand", if you will, in that if price manages to sustain above it we can expect to see higher prices.
A rally up into the figure shouldn't be feared as it is strong resistance and should hold, at least initially.
Enjoy.
NZDUSD Short-term Technical Outlook Good evening traders!
NZDUSD's upside was quickly checked at the high at .69480, forming a lower high in this downtrend. So long as we remain below yesterday's high at .6948 we should see continued downside, however we will need to see a sustained break below key support at .6883. The fact that price is hovering just above it is suggestive that sellers are in control, but we will have to wait and see. A break below the latter should send price down to the next key support figure at .6834.
Enjoy!
AUDUSD: Short double pinbar on 4HAUDUSD doesnt look like it can go up higher and shorting from here would be good to retest the bottom. If price does break the high, then it will complete the Gartley Pattern allowing a short at a higher price. Overall outlook is to short AUDUSD still.
SHORT USDJPY SOON!!details on chart lets go down after retrace?! Will open short in a couple of hours
Gold Up then BIG down will come This is how i expect Gold to go, Up till that trendline, then down to HELL :D
My Tp(takeprofit) for longterm will be 1230 ;)
Eur/Usd Up then BIG down will come Same scenario as Gold will happen to Eur/Usd too, it will go up till that trendline, then Boooom down to HELL :D
My Tp's for longterm are those:
Tp1: 1.10500
Tp2: 1.09650
BeratTp: 1.0810
Thanks me later ;)
NIKKEI 225 READY TO CRACKWe are about to break a resistance level. Whilst we couldn't on Friday, judging from the STOCH and the negative divergence of the MACD I would say there is still high negative pressures.
GBPJPY SELL on PullBack at bounce from resistanceEither from pullback at weekly resistance OR from current resistance we at.
Look for your possible entries based on your analysis.
Free analysis posted daily at telegram channel:
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USDJPY on daily timeframe short to <98.xxUSDJPY on daily timeframe short to <98.xx. For all other questions, please don't hesitate to leave a comment. Thxs in advance.
DEUTSCHE BANK - BYE BYEOn the 30. September or the 2. Oktober could be a possible collaps of the financial system.
First to fall, I think, would be Deutsche Bank AG.
TRY/RUB – SHORTTurkey will be the looser of the upcoming conflict with Russia (3. World War).
Target @18.50
EUR/RUB – SHORTOn a long-term basis short. Because of a threatening 3. World War between Europe and Russia.
Obvious weakness in silver...Go shortObvious weakness,as the price fails to advance above the 0.382 level.
Obvious lower lows and downtrend.
Close long positions and sell.
DXY Dollar Index after V-Projection could turn down: to 94.9xDXY Dollar Index, after V-Projection, it could turn down again, to 94.9x Area.
GOLD - Long (Option Call) from current price to 110Huge 163 Billion unpaid Government Debt making pressure on Economy & they are weighing on Gold & Silver price. So we will see a tremendous surge Gold & Silver. On the other side Japan, China & KSA selling US bond & this putting pressure on Yield carve, and people would take Gold & Silver as safe investment & eventually this extra demand will push the price higher.
For the trade we bought (Strath) Gold December 2016, $100 call for $.60
USDJPY forecast it MOVE DOWNNow the bar of 102.20 was broken
The next target of usdjpy is 102.10 it go under that . the next will be 101.50
