Bullish divergence in Crude Oil (WTI) H4 opening for correction Bullish divergence in Crude Oil (WTI) H4 opening for correction back towards 35$ (round number), 34,80$ supportline and 34$ (0.38 Fib support). This scenario might play out, if the ECB rate decision, today 13:45 CET, disappoints markets, e.g. postponing further ratecuts and QE measures to the...
GBPJPY moving on up inside H1 uptrend channel bullish GBPJPY moving on up inside H1 uptrend channel bullish after a deep correction, following the ECB rate decision, mainly due to safehaven flows into JPY.
GBPJPY aggressive LONG trade idea up to 165 looks like it is setting up for a next bullish drive here
Strong bullish divergence in GBPUSD opening for recovery to 1.46 Playbook into the spring equinox in the 3rd week of march. In my GBPUSD scenario, I see a small drop from recent upward momentum as the perfect opportunity to enter LONG as a strong divergence and RSI on its path into 50+ can drive the pair up towards april 2015 monthly low around 1.46. On its...
Possible scenario for AUDUSD retreat towards 0.72 / 0.715 levels AUDUSD looks heavy in H1 and H4 with RSI and stochastics tending downwards from the 0.38 Fib retracement of the longterm downtrend coming down from May 2015 highs at 0.7760 levels. My suggestions is to take partial profits around 0.72 where a break of our recent uptrend from late january 2016 lows...
EURUSD bullish divergence in H1 - LONG entry for a retracement?
This could be EURJPY H4 breakout out of Feb downtrend formation
Is the DXY USD going lower, bowing to the bearish divergence H1?