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Weeklymarketsanalysis

USD/JPY: Weekly overview! SOMETHING BIG is going to happen!Hey tradomaniacs, welcome to another weekly overview of USD/JPY! Everything I wanna say is shown in the chart! The current picture is very bullish since we`ve created the first Trend-Following-Pattern in the big Time-Frame after a very strong rally! I`ll post a chart of the smaller timeframe right below in the update-section soon! ------------------------------------------------------------------------------------------------------------------------------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
NASDAQ INC: WEEKLY OUTLOOK!Hey tradomaniacs, welcome to the weekly outlook! I think the charts says enough! Will the Double-Top get triggered? The current situation says "NO" to Double-TOP but it looks like the current cycle is going to be bearish down to the previous "Supply-Zone." The market just bounced off the 50 and 100 MA and seems to continue the rally downwards to complete WAVE 2. After that we should see another attempt upwards cklose the the marked up target-zone of TEAM BEAR! Great chance should come very soon! --------------------------------------------------------------------------------------------------------------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
NASDAQ:NDAQShort
by Trading2ez
USDCHF - Weekly Forecast 18th - 22nd MarchUSDCHF has fallen for 4 consecutive days and has shown a strong sign of further depreciation. At the beginning of the week, the price may experience some ranging movement as the dollar retraces higher while USDCHF tries to fall further. Once the dollar ends its retracement, the price will make a wave of depreciation after hovering near the supply zone at 1.004. However, the price will face some support very soon at the most immediate rising trendline before the bottom of the ascending triangle and the demand zone just above 0.99
Short
by AlgoVenture
EURUSD - Weekly Forecast 18th - 22nd MarchEURUSD climbed for 3 consecutive days and retraced on the 4th trading day of last week. The price climbed again on the last trading day but was rejected again near 1.134 which may cause the price to retrace lower. The current bullish trend hasn't changed and is expected to climb higher in the next 2 weeks. Therefore, we can expect the price to fall at first this week toward the demand zone at 1.128 before it rebounds and climbs higher again. And should the price breaks new high, it will face strong resistance at the supply zone from 1.138 onward.
Long
by AlgoVenture
Dollar - Weekly Forecast 18th - 22nd MarchThe dollar fell for 3 consecutive days before it started to consolidate. An inside bar was formed after Thursday but the price failed to break below the inside bar after as it continued to fall after Thursday's retracement. The intention of the price still points toward further depreciation but since it failed to break 96.4, there's a good chance that the price may retrace upward at first. If the price climbs in the earlier part of this week, the next key level to look out for is at 97 supply zone. If the price falls first and breaks below the inside bar, we can wait for it to retrace after the break and expect the price to fall towards the bottom of the ascending triangle at 96.
TVC:DXYShort
by AlgoVenture
SPX500: Weekly OVERVIEW! Awesome chance to sell?#CyclesHey tradomaniacs, welcome to another weekly outlook of SPX500! This is an addition to my previous outlook: The chart is speaking for itself... Enjoy and have a nice start into the week! ----------------------------------------------------------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
SP:SPXShort
by Trading2ez
EUR/USD: Weekly overview! Timelines and technical details!#SellHey tradomaniacs, welcome to a weekly overview of Euro / US Dollar. It`s been very boring during the past weeks and the market had to choose a path fighting inside a range of the wedge. Neither EURO or USD had the final say yet but it looks like the EURO is going to loose this fight since we`ve seen another attempt to break out of the range and stopped at the previous support which could be an evidence of an S&R-Flip. The previous two weeks do look like a desperate "try hard" of the bulls to push the euro towards north but did not even make it to the strong tested resistance at 1.14525. The defense of team bulls at yard 1.13 was very strong but at the end not good enough to prevent team bears to shot the next goal. The big picture shows an S/H/S-Pattern which should be a strong evidence for another sell-off after this breakout towards parity down to a possible price of 1.06. Timelines: The timelines are pretty accurate and harmonic and do indicate time for a downtrend. Comparing the divergences of them do show us a common happening. During a trend we`ve seen at least 2 waves with a "settlement" with Wave A which indicates the time of the primary trend. The right shoulder shows a settlement of Wave B, Alpha and Beta and indicates a correction of Wave A. Amplitude and lenght are pretty accurate. After that correction we`ve see a harmonic agreement of Wave A, B and alpha. The next attempt to correct indicated by the Alpha-Wave did not get its support of Wave B anymore and wasn`t able to break out of the wedge. This divergence often confirms the weakness of the opposite direction of the Wave A + Wave B combination. Right now we will head into an another "agreement" of all waves. Overall we see a very bearish chart and can expect a new sell-off to start soon in ordewr to complete the S/H/S-Pattern. -------------------------------------------------------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
US30/Dow - Weekly Forecast 4th - 9th MarchFinally a sign for a stop to a bullish Dow that seems to have taken ages. The price finally gave a clear break below of the rising structure on a Thursday. However, the fall was pulled back strongly on a Friday night which is believed due to large profit takings. Although this is not a major reversal, it does give the Dow a higher probability of depreciation in the short-term trend. Wait for the price to pull back further till and look for reversal signal at the supply zone between 25800 to 25900.
OANDA:US30USDShort
by AlgoVenture
Dollar - Weekly Forecast 4th - 9th MarchThe dollar climbed constantly and retested 2018's previous high at 97.7. A 6-month symmetrical triangle was also broken above in the process, signalling that the dollar may continue to climb higher and break new high in the near future. However, the dollar may experience a bumpy ride in this coming week as it got rejected by a 21-month supply zone. The dollar has dropped gradually with no sign of a rebound but the movement was considered weak. Traders should watch out for the price at 97 which is the top of the symmetrical triangle and subsequently, 96.7 which is the current demand zone. From the fundamental point of view, the dollar is still considered strong since it currently has the highest interest rate among all major pairs. Even though the Fed is still very uncertain over the next rate hike, it is apparent that all other major banks are still reluctant to raise rate.
TVC:DXY
by AlgoVenture
EURUSD, Week 10 big profit, expect this in Week 11EURUSD, together with GBPUSD and USDCHF is a big winner for week 10. They moved as expected in our Week 10 analysis and holding them through the week would have no surprises for the traders trading these pairs. Congrats to traders making the wonderful trades. In Week 10, we see EURUSD making big movement and ending the week with a sharp V shape reversal. I am in the view that it has completed a 3 level bearish movement and it is now time for bullish movement. Week 10 analysis would have pointed us towards a bullish movement in week 11 and I personally has no reservation about an upward move for EURUSD. I hope all traders to continue with a profitable Week 11 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD , GBPUSD , USDJPY , and USDCHF!
Long
by xunnobi
USDJPY, no trade in week 10, Short for Week 11USDJPY did not move as expected in week 10, rather, it consolidated and seems to complete a big reversal formation. In Week 10, it did not rise, but rather formed a seemingly inverted U shape, which indicates a reversal. It seems like the bull power is dying off and the trend would be moved by the Bear. In Week 10, USDJPY still remains an unsure pair even though it seems like it can be long, but I still advised against longing the pair back in week 9. Now with the big move downwards, I would say that USDJPY can be traded again, and this time, short it all the way down! I would be confident for the short of USDJPY in week 11. I hope all traders to continue with a profitable Week 11 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD , GBPUSD , USDJPY , and USDCHF!
Short
by xunnobi
USDCHF, ez Week 10, expectations for Week 11USDCHF moved exactly to what we expected, pretty much like what happened to our analysis of GBPUSD. I hope you managed to make good profit out of it. in week 10, USDCHF completed its 3 level bullish trend. On Friday, it made a fast reversal, no double top seen on the H1 chart. The reversal can be seen as a inverted V, and it broke a new level, so we do not need to wait for a second double top. I put it as M as an indication of reversal. Since it has completed its 3 level of bullish movement, we would be expecting a drop in week 11. Since it has also broke into level 1 of the bearish trend, it further reinforced the bearish trend that we would be seeing in week 11. USDCHF would be a short for Week 11, and I am excited to see how far it would go. I hope all traders to continue with a profitable Week 11 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD , GBPUSD , USDJPY , and USDCHF!
Short
by xunnobi
GBPUSD, ez Week 10, ready for Week 11GBPUSD moved as expected for week 10, and if we were to enter a short starting Monday, you would enjoy a straight profit through the week, how awesome is that. In week 10, we the GBPUSD completed a 3 level bearish move, it was a great move and I am sure it trapped many short traders. Looking at the current analysis, the GBPUSD seems to be forming the second leg of the double bottom, which is seen as a reversal pattern. If a double bottom is being formed, we can enter a long and wait for another 3 level of movement to be completed before we can switch to sell again. For week 11, I am expecting to long the market, given the completion of 3 levels of bearish movement. I hope all traders to continue with a profitable Week 11 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD , GBPUSD , USDJPY , and USDCHF!
Long
by xunnobi
GBPUSD, week 9 sharp rise, what to expect for week 10?GBPUSD made a sharp rise in week 9, and it was the opposite of what the analysis showed in week 8. In week 8, it was expected that the pair would move downwards, rather than a rise because of the reversal pattern spotted. A red flag would have been spotted given that a long consolidation occurred and the price did not shift down as expected. For week 10, I would expect some consolidation and I would not trade it until a clear candlestick combination show itself. However, I would still be looking for a short entry rather than a long entry. I hope all traders to continue with a profitable Week 9 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD, GBPUSD, USDJPY, and USDCHF!
Short
by xunnobi
USDJPY, week 9 move gives week 10 a clear directionUSDJPY has continued its upward move in week 9 and it showed no mercy in its move. USDJPY made fast price movement and reversing back upwards after a seemingly bearish reversal move. I continue to avoid trading USDJPY for week 9 for a simple reason. I was unclear of the direction. However, the move in week 9 seems to have pointed out that the pair would continue its bullish move in week 10. A reversal pattern was spotted, albeit in the absence of a three-level downtrend move. The reversal move can be seen as an H&S or double bottom, just like USDCHF. The bull power seems to be strong in the pair as the price moved up with no reservation and no signal of any retracement. Most retail traders would expect a pullback, but I doubt that would happen. So for week 10, I would be looking to enter long, probably in Tuesday or end Monday. I hope all traders to continue with a profitable Week 9 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD, GBPUSD, USDJPY, and USDCHF!
Long
by xunnobi
USDCHF, Level 4 drop for week 9, can it rise for week 10?USDCHF continued to consolidate for Monday in week 9 and in the end, broke the low of the whole consolidation zone. It reached a new low and formed a level 4 bear trend in the chart. I was long for this pair, so I am trapped in week 9. Getting trapped in the wrong analysis is no joke. It took a good 15% off my overall equity, combined with all the losses of other pairs. Fortunately, the profits from past weeks trading acted as a cushion against the bad trade management of mine. From the analysis, we can see that it formed a classic formation of H&S or some may call it a V reversal. So with that, I am expecting an upward reversal in week 10. I cannot say how long, or how high it will go, but I will be going in long for this pair as well. Since the pair ended the week in a reversal zone, when the market reopens, we can enter the market prudently. I hope all traders to continue with a profitable Week 9 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD, GBPUSD, USDJPY, and USDCHF!
Long
by xunnobi
EURUSD, Week 9 is a reset, Week 10 to drop.EURUSD moved the opposite direction of what was expected in our week 8 analysis. I did not expect it and I was trapped badly. However, in week 9, it seems to have completed a three-level bullish trend and completed the week with a double top on the H1 chart. Getting trapped in the wrong analysis is no joke. It took a good 15% off my overall equity, combined with all the losses of other pairs. Fortunately, the profits from past weeks trading acted as a cushion against the bad trade management of mine. This week's analysis seems to point towards a drop for next week because of the full three-level bullish move made in week 9. It ended the week with a double top, and looking at the day chart, it seems to point towards a drop in week 9 as well. I will be monitoring on Monday to decide what would be the direction, but currently, it is short for me. I am expecting a drop of a minimum of 2 levels for week 10 and hopefully, it reaches that level that I am looking for. I hope all traders to continue with a profitable Week 9 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD , GBPUSD , USDJPY and USDCHF!
Short
by xunnobi
Dollar - Weekly Forecast 25th - 29th FebruaryDollar fell further as expected as it formed a bearish Gartley pattern. The price was seen supported at first within the demand zone at 96. The price attempted to rebound and climbed slowly for two days. And on the last day, gains are mostly wiped out due to either a strong selling pressure had appeared or there's not enough buying strength to support a stronger rebound. Therefore, the price is expected to fall further this week as it seeks a stronger demand below.
TVC:DXYShort
by AlgoVenture
EURUSD, uni direction in week 8, can it reversal in Week 9?EURUSD, together with GBPUSD and USDCHF moved accordingly to our analysis in week 8 and ending Week 8 strong. I hope this helps all you traders out there to make some profit, and I hope it give you guys a good week as written on my week 8 title. =) I did not follow my own trading plan and decided to trade with a longer term perspective, which lead to a issue I faced. It caused me about 5% losses to my overall equity in my managed fund and about 9 false trade to my signal followers, and yes I am mad. But it is ok, I will re focus back to what works in Week 9 again. The analysis of EURUSD week 9's movement did showed that the bull seems to be weakening and I have also identified a level 3 bullish zone which signaled that the EURUSD could be coming in with a bearish move instead in week 9. The area to the right of the M that was not boxed, has also presented a M shape. So you can also look at the analysis this way, the box area with a M on top can show a high/low reset, meaning a trend reset, followed by a M, which is the reversal pattern coinciding with level 3 bullish zone. So both analysis pointed me towards shorting the pair, and I am following suit for week 9. I hope all traders to continue with a profitable Week 9 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD, GBPUSD, USDJPY and UISDCHF!
Short
by xunnobi
GBPUSD, Week 8 as expected, Week 9 can be differentGBPUSD moved as how we expected in Week 8, finishing a 3 levels of bullish move. It was not bad, just that instead of long, I shorted it due to the opening gap on Monday. I hope not many does the same as me. I did not follow my own trading plan and decided to trade with a longer term perspective, which lead to a issue I faced. It caused me about 5% losses to my overall equity in my managed fund and about 9 false trade to my signal followers, and yes I am mad. But it is ok, I will re focus back to what works in Week 9 again. Looking at the analysis, I do expect the GBPUSD to finish off lower in Week 9 as compared to week 8, perhaps reaching a level 2 bearish zone. The break away from the level 3 reversal zone is a fast one on Friday and ending Week 8 in the zone of level 1 bullish zone. I am holding on to 3 positions of the short and will continue to hold on to it till the level 2 bearish zone before I decide to exit of continue holding. I hope all traders to continue with a profitable Week 9 ahead. Please share your thoughts below, like and follow me for my weekly analysis on EURUSD, GBPUSD, USDJPY and UISDCHF!
Short
by xunnobi