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Lungufx

EURUSD BULLISH ??W may see bullish movement from this pair for the following reasons: Technical analysis bullish order block the 1 and 4 hour hit Strong support zone hit bullish triangle created on 1 - 4 hour chart the MACD has show bullish signal -------------------------------------------------------------------------------------------------- Fundamentals WENESDAY 08:00 EUR Harmonized Index of Consumer Prices (YoY)(Mar) TRADE RESPONSPIBLY TAKE PROFITS ARE HIGHLIGHTED IN GREEN RAYS
Long
by LUNGU_FX
GBP/AUD OUTLOOKThis is a closer look at my weekly analysis of the pair stating that we may see a sell for the following reasons (A link to the idea will be provided below) TECHNICALS the GBPAUD has once again come to the resisting trend line. price after breaking below has made its way back to retesting the supporting trendline. we are also nothing a strong daily resistance that price is respecting on lower time frames. The RSI has shown us price is now over bought meaning sellers may soon take over. ------------------------------------------------------------------------------------------------------ FUNDAMENTALS TUESDAY, JANUARY 11 00:01 GBP BRC Like-For-Like Retail Sales (YoY)(Dec) 00:30 AUD Exports (MoM)(Nov) AUD Imports (MoM)(Nov) AUD Retail Sales s.a. (MoM)(Nov) AUD Trade Balance (MoM)(Nov ------------------------------------------------------------------------------------------------------- SOUTH AFRICAN FUNDAMENTAL RELEASE TIMES (CAT) TUESDAY, JANUARY 11 02:01 GBP BRC Like-For-Like Retail Sales (YoY)(Dec) 02:30 AUD Exports (MoM)(Nov) AUD Imports (MoM)(Nov) AUD Retail Sales s.a. (MoM)(Nov) AUD Trade Balance (MoM)(Nov)
Short
by LUNGU_FX
2
ARE THE BANKS SEEING GBP/AUD ??!!GBP/AUD WEEKLY SELL Market will be moving bearish very soon as we have to a confluence zone of the weekly time frame time . as price is touching the bullish and bearish trend line along with price at the resistance zone. would recommend waiting for a reversal pattern on smaller timeframes such as the 1 hour and 4 hour time frame will posting a closer look in smaller timeframes soon. ------------------------------------------------------------------------------------------- fundamentals TUESDAY, JANUARY 11 00:01 GBP BRC Like-For-Like Retail Sales (YoY)(Dec) 00:30 AUD Exports (MoM)(Nov) AUD Imports (MoM)(Nov) AUD Retail Sales s.a. (MoM)(Nov) AUD Trade Balance (MoM)(Nov)
Short
by LUNGU_FX
US100 OUTLOOKWe would like to appoligies for not providing an up date on the previous us100 analisys but you may look back and not that take all take profits have been hit. it will be linked to related ideas. today we believe that nas100 will be bullish for the following reasons: we note that price has once gain come to the support zone of 15535.7 15615.0. price has respected the supporting bullish intra-day trendline once the 4th touch had been made. (it is highlighted in green) the RSI has indicates that price is way over sold meaning bulls may see this as a perfect buying opportunity we also have the completion of the m formation Lets also remember that nas100 is a buying market as it consists of the top tech companies and last time we remember, tech only develops and never goes back, that being the main reason why us100 is bullish overall we are already in profits as i has sent the idea to our students before posting is here ------------------------------------------------------------------------------------------- fundamentals N/A
ULong
by LUNGU_FX
EURCAD OUTLOOKI believe that the pair will begin the bullish movement for the following reasons: the supporting trend line of the bullish movement has been retested once more and respected on lower timeframes. market has come to retest the strong four hour support zone of 1.43540 - 1.43700. we have also identified a bearish channel where the supporting trend line has made contact once again with the price. the W formation has officially completed its bearish movement buy coming back to its support meaning bulls have the opportunity to move the markets to the upside. leading to four confluences for bullish semtiment to develop. ---------------------------------------------------------------------------------------------------------- fundamentals MONDAY, JANUARY 10 12:00 EUR Unemployment Rate(Nov) TUESDAY, JANUARY 11 12:00 EUR German Buba President Weidmann speech
Long
by LUNGU_FX
CADJPY OUTLOOKseems like the market id giving is a bearish outlook on this pair for the following reasons: we notice that the pair has once again come to the resistance zone of 91.480 - 91.680 we also not the supporting trend in blue has been broken and now being retested there is a completion of the w formation leading to a retest as perivously stated. the completed w formation is also giving us an bearish sentiment HOWEVER the RSI is showing that there is still space for the market to be moving bullish so this may lead to a break above resistance a retest then bullish movement ------------------------------------------------------------------------------------ fundamentals No news available at the current time. we will update you as more news becomes readily available.
Short
by LUNGU_FX
GBPUSD OUTLOOKI believe that the GBPUSD will begin its bearish movement soon for the following reasons: we see that the market has been moving within a bearish channel for quite some time now respecting the supporting and resisting trendlines. market has also reached a strong support zone being turned resistance after market had broken through on through on the 4th of November last year and is now retesting it. this bullish movement has resulted in a bull back to the 61.8% fib level ( a well known level for pull backs to back there reversal. giving us 3 confluences for a sell. HOWEVER a sell right now may be seen as a bit risky as when we look in closer we notice a bullish channel that has not been broken as yet, waiting for a break below the channel and a retest will give us the final confirmation needed to sell. we will sell now but will keep this in mind --------------------------------------------------------------------------------------------------------------------- fundamentals TUESDAY, JANUARY 11 00:01 GBP BRC Like-For-Like Retail Sales (YoY)(Dec) N/A GBP NIESR GDP Estimate (3M)(Dec) 15:00 USD Fed's Chair Powell testifies
Short
by LUNGU_FX
USDJPY OUTLOOKLooks like the price of usd/jpy may go up even higher for the following reasons: first and most importantly we note that price has created a descending triangle, a pattern indicating usually being a strong signal for bullish movement to begin The RSI has pushed above 50% I had sent the idea to my students before posting this so take profit one has already been hit however we still are expecting a pull back to the area circled in red that could be your entry point as it matches the support and 4H - Daily trendline. if market continues to move bullish and does pull back to the red circle. look for retracements then enter. ----------------------------------------------------------------------------------------- fundamentals THURSDAY, JANUARY 6 23:30 JPY Overall Household Spending (YoY)(Nov) JPY Tokyo Consumer Price Index (YoY)(Dec) JPY Tokyo CPI ex Food, Energy (YoY)(Dec) JPY Tokyo CPI ex Fresh Food (YoY)(Dec) ----------------------------------------------------------------------------------------- FRIDAY, JANUARY 7 13:30 USD Average Hourly Earnings (MoM)(Dec) USD Average Hourly Earnings (YoY)(Dec) USD Average Weekly Hours(Dec) USD Nonfarm Payrolls(Dec) (NB!!) USD U6 Underemployment Rate(Dec) USD Unemployment Rate(Dec)
Long
by LUNGU_FX
BITCOIN OUTLOOKBitcoin!! the crypto on everyone's lips i still will start making bullish movement soon for the following reasons: On the daily time-frame we note that the bearish trendline created on the 6th of september 2021 had been broken and is now being retested as a supporting trendline. price has come to a daily support zone of 44500.00 - 42665.05 the price of bitcoin had also made a strong bearish movement pushing price down to the 61.8% fib pull back moving in closer to recent action, we see on the 8th of november 2021, after creating a record high of 68825.24, market stared moving in a bearish wave respecting the resisting trendline. 2 weeks ago price had broken above it and as we see on the 30th - 31st its being respected and is being tested for the second time. HOWEVER price may push down a bit further to the red zone then move bullish --------------------------------------------------------------------------------------------------------- fundamentals. THURSDAY, JANUARY 6 13:30 USD Goods and Services Trade Balance(Nov) USD Initial Jobless Claims(Dec 31) USD Initial Jobless Claims 4-week average(Dec 31) --------------------------------------------------------------------------------------------------------- 15:00 USD Factory Orders (MoM)(Nov) USD ISM Services Employment Index(Dec) USD ISM Services New Orders Index(Dec) USD ISM Services PMI(Dec) USD ISM Services Prices Paid(Dec) --------------------------------------------------------------------------------------------------------- 13:30 USD Average Hourly Earnings (MoM)(Dec) USD Average Hourly Earnings (YoY)(Dec) USD Labor Force Participation Rate(Dec) USD Nonfarm Payrolls(Dec) USD U6 Underemployment Rate(Dec) USD Unemployment Rate(Dec)
BITSTAMP:BTCUSDLong
by LUNGU_FX
UKOIL WHAT NEXT ??I still believe that UKOIL will also be bullish due to the following reasons: after markets have bushed price over 80.35 price had began making an impulse move to the downside with yet respecting its now created support this has created a bullish triangle indicating bullish movement is soon to come. the RSI is still above 50% telling us we are still bullish ----------------------------------------------------------------------------------------------- fundamentals WEDNESDAY, JANUARY 5 13:15 USD ADP Employment Change(Dec) 14:45 USD Markit PMI Composite(Dec) USD Markit Services PMI(Dec) 19:00 USD FOMC Minutes ----------------------------------------------------------------------------------------------- THURSDAY, JANUARY 6 13:30 USD Goods and Services Trade Balance(Nov) USD Initial Jobless Claims(Dec 31) USD Initial Jobless Claims 4-week average(Dec 31) 15:00 USD Factory Orders (MoM)(Nov) USD ISM Services Employment Index(Dec) USD ISM Services New Orders Index(Dec) USD ISM Services PMI(Dec) USD ISM Services Prices Paid(Dec)
TVC:UKOILLong
by LUNGU_FX
USOIL WHAT NEXT ??I still believe that usoil will be bullish due to the following reasons: (stop loss adjusted) after markets have bushed price over 77.50 price had began making an impulse move to the downside with lower-highs and lower-lows keeping within the bearish channel. this has created a bullish flag pattern indicating bullish movement is soon to come. we also note that price has come to a support zone of 76.90 - 76.76 the RSI is still above 50% telling us we are still bullish HOWEVER price may continue to follow this channel for a few more hours IF bearish movement continues. ----------------------------------------------------------------------------------------------- fundamentals WEDNESDAY, JANUARY 5 13:15 USD ADP Employment Change(Dec) 14:45 USD Markit PMI Composite(Dec) USD Markit Services PMI(Dec) 19:00 USD FOMC Minutes ----------------------------------------------------------------------------------------------- THURSDAY, JANUARY 6 13:30 USD Goods and Services Trade Balance(Nov) USD Initial Jobless Claims(Dec 31) USD Initial Jobless Claims 4-week average(Dec 31) 15:00 USD Factory Orders (MoM)(Nov) USD ISM Services Employment Index(Dec) USD ISM Services New Orders Index(Dec) USD ISM Services PMI(Dec) USD ISM Services Prices Paid(Dec)
TVC:USOILLong
by LUNGU_FX
OSOIL WHAT NEXT ??I still believe that usoil will be bullish due to the following reasons: after markets have bushed price over 77.50 price had began making an impulse move to the downside with lower-highs and lower-lows keeping within the bearish channel. this has created a bullish flag pattern indicating bullish movement is soon to come. we also note that price has come to a support zone of 76.90 - 76.76 the RSI is still above 50% telling us we are still bullish HOWEVER price may continue to follow this channel for a few more hours IF bearish movement continues. ----------------------------------------------------------------------------------------------- fundamentals WEDNESDAY, JANUARY 5 13:15 USD ADP Employment Change(Dec) 14:45 USD Markit PMI Composite(Dec) USD Markit Services PMI(Dec) 19:00 USD FOMC Minutes ----------------------------------------------------------------------------------------------- THURSDAY, JANUARY 6 13:30 USD Goods and Services Trade Balance(Nov) USD Initial Jobless Claims(Dec 31) USD Initial Jobless Claims 4-week average(Dec 31) 15:00 USD Factory Orders (MoM)(Nov) USD ISM Services Employment Index(Dec) USD ISM Services New Orders Index(Dec) USD ISM Services PMI(Dec) USD ISM Services Prices Paid(Dec)
TVC:USOILLong
by LUNGU_FX