ForeignCapital_fx

ForeignCapital_fx

Prices have recently tumbled to a low of 1.78 leaving many traders and investors in limbo, but if you've been in the crypto-spaces for some time you would not be shocked. I recently had an idea that went pear-shaped because of the tumble in prices across the board. Fundamentally in the background there is a positive shift taking place. The FDIC ( Federal Deposit...

ForeignCapital_fx

Given that at the current moment of writing this short thesis XLM is roughly 10,94% up. This is important because XRP is highly correlated to XLM price movements. Given that XRP has not yet moved ,is it presumptuous to think it will follow suit with a similar upside move. The outcome of the ongoing court is still holding the imminent parabolic move. The recent Fed...

ForeignCapital_fx

The market has been choppy for the past week perhaps awaiting the start of World Economic Forum meeting in Davos, starting on the 20-24th January 2025 as it sets out the macro themes for the markets.On the other hand Donald Trumps inauguration is taking place on the 20th of the same month hence we might have big swings in the market. On the back of the strong...

ForeignCapital_fx

I see a massive opportunity for a bull run of epic proportions. It seems there has not been much buzz about a World coin other than its debut and the founder behind it Sam Altman. Technically we have been in an accumulation zone for some time and the support has held strong. We looking to have one last pull-back then the bull takeover. I think this is a rare...

ForeignCapital_fx

For me this is a technical trade setup based on the current market conditions however in hindsight of how XRP tends to pull back even during a bull run, I will practice cautions in how I enter the trade therefore I either for the pull-back towards 2.26 price or a breakout above the symmetrical triangle and then enter on the support retest. In the short term the...

ForeignCapital_fx

Xrp has outperformed large market cap coins by a mile, do you think it is done? I think not! Like any other supply and demand dynamics in trading the market has to consolidate and this has been the necessary pullback in order to launch even higher prices. This bull cycle is unlike any other because it has a confluence of events. First president elect Donald Trump...

ForeignCapital_fx

I am interested in both the short and the long trade however the longer time horizon trends still support long position plays. The case for long positions is based technical analysis that the bull trend is still strong and has not yet been broken but we must bear in mind the recent shift in Feds monetary policy rates. What it means is that money has become cheap...

ForeignCapital_fx

Most times when you are new to trading you would want to chase price and this pair at the moment is gone but do not despair bears are about to give us an opportunity. The plan is to allow bears to push price down so that we could have a better entry at the lower price thus increasing our risk to reward ratio. Furthermore crypto across board seems to be recovering...

ForeignCapital_fx

I think we have found the bottom at the lower horizontal line( Red ). With price being above the moving average, that indicates we are ready to move upward toward 0.000009 however there is strong momentum yet. Summary: Entry = Current price or slightly lower than that. Target = 0.000009 Plan your trade, trade the plan. Follow and Boost my ideas.

ForeignCapital_fx

This a lovely short opportunity om 1 hour or lower time-frame. I foresee many traders trying to catch a falling knife most likely from the London opening session, however a dead-cat scenario is probable. The scenario might look like a V-shape recovery, the higher time-frame indicate a prolonged consolidation zone hence the caution. Summary: Entry :2302.45 Target...

ForeignCapital_fx

Gold has been building an ascending channel for the past weeks. The current price is a median of the channel however price is above the both dynamic moving averages, the confluence of the channel and moving averages along with the horizontal support indicate the upside target. Summary ; Entry :2338.13 or Current Price Target :2355.50 Plan your trade, trade the...

ForeignCapital_fx

The market has been in limbo for the past few days, going nowhere very fast. I am of the opinion that the market is awaiting NFP and outcome as it may inform the Feds stance on interest rates. Overall view is that the dollar is the more powerful influence on direction of the pair in the medium term. Technically the pair has been in a consolidation phase meaning...

ForeignCapital_fx

Fellow traders this is a technical trade for me. Price is below moving averages, however we in an consolidation zone on the 15min chart coming from a down-trend. It is expected to see a continuation towards 0.89000. Summary Entry = 0.89556 Target = 0.89000 Risk: Reward Ratio = 2.19 Follow and Boost my ideas Plan the trade, Trade the plan.

ForeignCapital_fx

Technical Trade Summary Entry = 79.406 Target 1= 82.283 Target 2 = 85.000 Risk : Reward= 2.33 Follow and Boost and my ideas!!! Let's grow together.

ForeignCapital_fx

We have been hitting new all time highs (ATH) in recent weeks. We are still in price discovery territory and so far the upside is looking great. The recent meme crazy has only started, Pepe has been leading the pack with enormous gains YTD. Technically price are holding up across 1Hr, 4Hr and daily chart frame. Moreover there's an inverted head and shoulder...

ForeignCapital_fx

A technical sell looking at indictors on a short time frame however I also think price will retest 1.27185 mark before heading down. On the back of this week the dollar has shown strength, thus cooling off the loses across all dollar pairs. In hindsight we are likely to see more short momentum. Summary Entry = 1.27185 Target 1 = 1.26496 Target 2 = 1.26000 RR...

ForeignCapital_fx

Prices have been in a consolidation mode for the past week ending 17/05/2024. It seems seasonality is finally kicking as we saw prices bouncing at support twice, creating a double bottom pattern. On 4Hr time frame we are about to create a golden cross and on 1Hr time price are above both moving averages. Given this conditions price may open lower or retest...

ForeignCapital_fx

With the recent core CPI data not changing and remaining at 3.4% investors are still concerned with inflation hence they are buying gold to safe guard their buying power. This situation is most concerning to central banks around the world and they are the biggest buyers. I am of the opinion that we are going back to price discovery territory. Technically the...