Capped at fibonacci with a potential head and shoulders pattern, the price needs to return back to it's smoothed moving averages. With the current riots and negative economics surrounding the US Dollar this week, this may be a case of JPY picking up speed for safe haven.... Enjoy!
USDCAD UPSIDE - providing we stay above the SMA's.
Happy New year everyone, 2019 was the best on record for everyone at DTS with lots of pips gained. To kickstart the new year we are providing this analysis for free to the community of tradingview. We have golden crosses on their way for NZDUSD with a likely test of the 2018 / 2019 highs ahead.
Merry Christmas everyone, or should I say Happy Holidays...?! It has been an amazing year for DTS and our subscribers; once again we have decided to publicise this analysis to provide everyone with a great new year. Our previous analysis for pairs like GBPUSD / AUDNZD / USDCAD have all been successful, and providing you have discipline and patience, we are...
We have decided to publicise this trade to help out with the tradingview community, to receive continuous signals please visit our main website. AUDNZD has finally hit support after we followed the price up to the previous high and took profit. Looking at the daily and weekly candles, it looks like a clear rejection is present and that the price will continue...
Another freebie for everyone, this time around we are focusing on EURAUD as a currency pair and its likelihood of upside. The price is currently holding trend at the 50 / 100 SMA's and if / when previously broken has continued to hold at 200 SMA. It looks like we could be on our way to re approach the previous high, located at the top of the daily fibonacci.
As shown, the price has managed to find support above the 50/100 SMA's as well as holding at the fibonacci level shown. After a consolidation phase the price looks like it should continue upwards.
Double bottom confirmed for AUDJPY on higher time frames and whilst we have a wedge forming, I do not think it will be able to break below the yearly lows at it's current state. This could be invalidated by fundamentals such as the trade war with the USA, but lets see how the technical analysis handles.