


AlexxChan
LONG TERM ANALYSIS: After a recent break of a major bullish trend line, NZDUSD seems likes its refollowing a bearish retracement back down. A break under the 0.67417 region may trigger a bearish run back down to 0.6450 levels SHORT TERM ANALYSIS: RSI is heavily oversold at the moment, and a retracement should occur in the short term outlook
After the crash of the chinese stock market (which happened twice!), a BUY oppourtunity up seems like a very strong opportunity that exist. Currently USDCNH is in a pendent formation. My bet is that it will go I've personally never traded this pair before, however it is a rare opportunity and possible capitalization exists.
With a stop at a strong trend line, price action and RSI suggest that a reversal down might just happen. Other correlating pairs such as EURUSD supports this claim as they are all near MAJOR consolidation areas short @ the stop of 1.5200 stop @ 1.52381 t/p @1.5099 Be sure to comment and follow my tradingview for more analysis! Keep calm and trade on.......
Currently AUDUSD is at the edge of a major trend line developed since September. A lot of bearish pressure on the pair right now and a break below the trend might send AUDUSD down. Be caution in the next couple of days and keep your eye out
Short Analysis: As gold is creating slightly higher lows and RSI is indicating lower lows, a bearish divergence could be seen. With that being, we can expect gold to drop to 50% fib levels (1070.64) later on the week Long Term Analysis: Gold seems to be in a bullish run. However i expect it to come down slightly before make new highs. Short @ 1079.47 region Stop...
After a break of a MAJOR support line developed since the December 3rd through the ECB announce. EURUSD seems likes finally going to head back down after a sideways run!! Short term Analysis: Wait for the pullback and go short short short!!! Long term Analysis: SHORTTTTT!
SHORT TERM ANALYSIS: After a break of the 1.39359 resistance, USDCAD seem to going back to its bullish run. A clean retracement has been made and I expect USDCAD to go higher from here on. LONG TERM ANALYSIS: USDCAD flat for now long @ right now stop @ 1.393 region T/p @ 1.39755 region
SHORT TERM ANALYSIS: (LONG) After a break of a major bullish trend line, NZDUSD finally looks like it's going to come down. However a quick scalp could be made off the retracement being forming for an approximately 25-30 pip move. LONG TERM ANALYSIS: (SHORT) NZDUSD had been going on a bullish run a while now, and it stop near perfectly at the 0.68610 for a...
SHORT TERM ANALYSIS: After a major rally from gold, we can expect Gold to reverse at this point. With RSI heavily in the oversold region, we can catch some pips shorting it. LONG TERM ANALYSIS: Gold can potentially go up higher following the retracement. However It may always run sideways after the retracement Short @ 1073.55 Stop @ 1075.71 T/P @ 1069.77 Happy...