EUR USD outlook for next week.After the non-stop fall of EurUsd and how it finished up today. I see we could still land further down, however, I will be waiting to see how the markets open Sunday night and give further detail about what I will be doing with this pair.
Feel free to like and comment with your personal ideas on this pair.
Outlook
MONTHLY ANALYSIS ON DXY(US DOLLAR INDEX)I believe that the Dollar Index is still bullish on the monthly perspective at the present moment @15/09/2018(UK DATE) but it is losing steam and will look to reverse around the 98 -100 region. This will give traders an opportunity to go long for the time being i'm expecting in the upcoming months. As we reach the levels of resistance i will expect a reversal and price should look to fill more of the market inefficiency to the downside( along the way turning support into resistance).
I will be updating it as price goes along in the upcoming months...
August outlook. GBPUSD has been falling for a long time and is close to strong support levels. Possible correction in the near future. The chart shows that volumes are falling along with low volatility. A strong divergence was formed. Therefore, in the near future it is necessary to monitor the levels and it is likely that the pair will bounce up with a correction to the levels 1.35 and 1.38. Follow the news. By the way, the DXY index is also trading at historical highs, a downward correction is possible. This will give an incentive to buy the GBPUSD pair.
Good day everyone!)
Remember - the most profitable deal is ahead of you!)
August outlook.The EURUSD pair is trading near strong mirror support levels, from which the pair has repeatedly fought both down and up. There may be fluctuations around these levels with subsequent correction to levels 1.1850, 1.1940 and 1.2070. However, it is necessary to follow the news. If you pay attention to the index DXY, its value is at historical highs, and it is possible to roll back from these levels down. This can serve as a good signal to buy EURUSD pair.
Good day everyone!)
Remember - the most profitable deal is ahead of you!)
FVX 5 Year Treasury Yield: Longer Term Outlook for RatesFVX Longer Term Outlook for Rates
Since Yellen retired in February FVX has risen to test the the junction of the upper parallel at the same point in time as it hit the fixed resistance line at 29.83. Since then it's been consolidating inside a slowly forming pennant formation with a spike down to the 25.46 line almost exactly before it pushed higher again.
Though it's likely to spend some more time messing inside the pennant, eventually the upper parallel is going to give way leading a spurt higher to 37.22 and then after consolidating some more should beat 37.22 and push higher to 52.39.
That's the most likely stopping point for interest rates from that point - until wage inflation pops even higher, forcing the Fed to follow long again on rates, whether the President approves or not.
A modest outlook on the future of LitecoinKnowing that what goes down can come up in the world of charts, here is the outlook we all want to see. I see this as a good entry point for the long term hodlers. BUT if we leave this channel and continue to dip then be ready to buy cheaper. Cash is king! Be ready!
ETHUSD Ethereum Long and Short Term Outlook from HereETHUSD Long Term/Short Term Price Forecast
Per Adua ad Astra
Long Term
That low at 360 was as big and meaningful as Bitcoin's at
6000. Perfect Gann numbers too. Like, reeaally PERFECT.
Those lows are equivalent of the lows reached in the first
internet cycle when Nasdaq Composite fell from 5136 to 1118,
a decline of 78% in magnitude, playing out in 4 large waves
over 31 months.
For ETH the fall was from 1417 to 360, a decline of 74% - in 3
large waves over less than 3 months, so 10 times the speed of
the Nasdaq/Internet generation1 exactly.
Look what happened to Nasdaq Composite since: now at 7209
- up nearly 7 times over 16 years.
No real reason to figure that the Alt markets will perform any
differently in the longer term. Just 10 times quicker maybe!
And if that's the case it's effectively a buy dips market for the
next 1.6 years or 18 months or so - during which time ETH can
reach 360 x 7 = 2520. Stay long and keep tracking it as it rises.
Time will tell, as always.
Shorter Term
On and on towards the stars - a little local difficulty at 820 in
very near term but it should push higher with Bitcoin still
driving both Northwards but ETH still outperforming
beautifully.
This has already become the key larger market player in the
resurrection we see across the market in general. Could be
Google back in the day...
It should push on to 869 and 896 (900) and later to 978 where
it should spend time consolidating before breaking higher stiill
(add at this point) to 1400 and yes, one day to 2520 too.
Time will tell...never fails.
Here's to ETH. Let's hope it doesn't either.
ICEUS JULY COFFEE : THE MARKET IS PREPARING FOR A MAJOR RALLYBullish diagonal triangle formation + P/O divergence
Be prepared for a significant rally.
Clear close above the upper bound
will confirm it.
Recognizing High Probability in SQRecognizing high probability in HQ. Until we lose this $45 level, the higher probability is still to go long. Hope this video helps show you how to zoom out. When in doubt, zoom out. There's always a trade somewhere that's against the primary trend. This does not mean you should be taking it. Know the difference between patience and aggressiveness. Waiting for a high probability pullback at the right long term areas is patience, shorting the 60 minute because buyers are selling at profit levels is aggressive.
Both can work, both can fail. Hopefully, now you can see a little clearer reason why one can work better than the other over a 3 month period.
Learn more by joining the CTP Group here.
mailchi.mp
Remember. It's your money, it needs to be your plan. Only trade what you've tested and proven out, your account will thank you.
AUDJPY LONG opportunity ( NOT READY JUST YET)
looking for AUDJPY to pull back to 80.00 - 80.50 these are the areas where we should see the bulls come back in !
TP1 based off my weekly chart at 90.300 was where price got rejected, we have seen price fall for the pas few weeks after hitting tp 1, TL and triple topped that was formed.
will not enter trade until all other indicators lign up
A deeper look at the EURUSD.
Even though the us dollar is experiencing weakness, There is resistance to be found and pivot points still to be driven to the ground.
The horizontal lines display continuation and reversal points pertaining to Fibonacci re-trace-mint on prior overall greater trends.
There are 3 scenarios.
-Consolidation around these pivot points, Breaking and returning until a direction is decided.
-A bounce off then and continuation into down trend.At which point we could reapply the Fibonacci for the according downward trend, To identify continuation extents.
-The final scenario, is the pivot points are broken at which point we would apply the correct Fibonacci re-trace-mint, to see possible location of it reversal extent.
1/10 ETH Outlook - Long Term Possible Cup & Handle??It looks like ETH is consolidating similar to the previous round. I think it may continue to follow a short-term flag pattern before having another parabolic breakout to complete a cup. I believe ETH will rest for a bit around $2200 and have another drop before powering up and becoming "Year-theum... 2018 the year of Ethereum" :)
12/20 XRP Rise and...still not $1Looking at the long term path of Ripple, does this show why we can't trust those meteoric rises out of nowhere? It looks like a similar cup and handle type path until it breaks off and continues its journey to the dirt. I hope that's not the case but the overall trend isn't very exciting.... long term at least. I originally fell trap to the short-term window thinking there was a cup and handle (linked) which followed the path but I think it's not going to travel north. Oh well. Hopefully everyone enjoys the peaks.