KovachTrader

KovachTrader

Downside breakdown USDJPY Yen broke a reversal pattern and decided to make a breakout to 140. This is a strong support level from which I expect a local rebound on upward correction. On options, this scenario is also confirmed, considering that today is the expiration of monthly options. The margin is also a bit higher, ideally make a false breakdown down and...

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Waiting for NaturalGas to rise Gas tried to break down to 2.00 twice and bought back twice. And large volumes are now around 2.10 and defending. If they are not pushed down, they may rise to the upper boundary of the flat to 2.30 and even 2.50. Increased vertical volumes came in at the moments of buyback, which often coincides with the culmination and turns...

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Waiting for WTI rebound Oil WTI has been flattening with pullbacks all week, which is exhausting. My top-up was knocked out together with the rest of the last buy. Although the total plus came out due to partial fixation. Now the price is back to the key support area, it went down to the buyers' zone 73.34-72.63 and near the specified 1/2 margin. There are no...

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USDCAD in the area of option hedges The price has entered the area of option hedges and margins at 1.3460. However, given the strongly growing cumulative delta, there are concerns whether it can go up without updating the low near 1.3440. I think it will be pulled down first, ideally to knock out stops, capture liquidity, show a culmination and then go into...

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Ambiguous situation Gold There is an ambiguous situation on gold. We are trading close to the nearest buyers' zone, but there are no volumes of buybacks and on the contrary bids are pushing down. Can go up to 1/2 margin, and from there make a rebound. That is why I will be out of the market on gold until the situation becomes clearer. If they can completely...

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Rebound and reversal DXY The dollar index is moving according to the previous analysis but it may still go lower with a false takeout and then a reversal to a deep correction will start. The area of 100.60-100.50 is still an important strategic support but no one cancelled false bounces. I expect a correction in autumn around 102 and will further refine.

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Will there be a false breakdown WTI ? H4 20.08.2024 Oil is in an interesting situation right now. Initially I was waiting for repositioning to buy, however the price went lower. As a result, I closed my purchases on be and now the question is whether or not there will be a false breakdown of the support zone 71.30-72.40. The poured volume in the margin at 73.50...

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Possible correction WTI Oil has now approached the marginal resistance zone 77.41-77.97, as shown in the previous analysis. Large point volumes have appeared in the zone and may mean fixation of purchases and the beginning of accumulation of corrective sales. The question is whether the pullback will be and how deep it will be. In general, I expect an...

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Continued growth Gold Gold continues to grow steadily given the escalating conflict between Israel and Lebanon. The correction last week ended near the local support 2477 and made a new bounce upwards. Now new historical highs are being formed and judging by margins and options, can push the price to 2575, and there we will look at the volumes, a local...

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Continued growth of NaturalGas The price bounced perfectly from the margin zone and confirmed the pattern Repositioning. Further I expect an internal pullback and continuation of growth to 2.35 and next target at 2.52.

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Rebound EURUSD before the start of correction On the Euro I expect a rebound to the area of 1.1170 and the start of correction there. The rebound was made, but the nuance is that the cumulative continues to fall, which means that they can still make an outburst to fill the culmination volumes. Without them they are unlikely to make a downward reversal....

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Continue falling DXY The dollar index continues to fall, exactly repeating the previously made analysis on it. On targets I see the nearest support levels around 99.45-99.11 From which can make correction upwards to 101.662.

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The NASDAQ index is gearing up for new high NASDAQ index made a major segment overlap up and the question is if they are going to give a pullback before continuing the growth. Along the way they formed 2 important buy zones, but there is no culmination at the top. I expect a pullback down to the zones and then buying. Most likely we will push from the nearest...

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Repositioning Silver to buy Silver has formed a pattern of repositioning to buy and if the pullback is given, I will look for a buy at 1/2 margin 27.90 to continue the growth. I am targeting the area of 30, and further I will clarify. On options bounced off the option hedge area at 26.50 and the hedge up around 30 and 32 is filled. The main OI has now moved to...