There is a good chance we see AUDUSD to continue its donward-trend. It has now possibly reached a counter-trend-top in its most recent reaction-move. The outlined short-Trade has a favorable RR of 3:1.
After the big pop in asset-prices in 2007, the Hang Seng Index seems to having broke out of its years long consolidation pattern (ABC-Structure) this month, and now is to continue its decades-long bull market. Very strong fundamentals such as a low P/E-Ratio and a good GDP-Growth support the trend. China has a very good chance to lead the emerging markets performance-wise.
We have seen a massive (and engulfing) sell-candle today as silver gave up roughly 2.50% of its worth. It very much looks as if the downtrend in silver (and gold), which started April 2011(!), now resumes as a lower-high now looks to be set on 10-07-14 and we're going to test the major support-level at around 19$ once again. To trade this, it should be wise to...
Some good upside-potential with good R/R in the EURUSD after it making a bottom. For entry/exit-levels see chart above. --Trade cancelled--
The Brent crude oil chart bears some good downside-potential with an attractive R/R ratio of 1:3. For trade-levels see chart.
Quick little 3:1 play to the downside on EURAUD. For entry-/exit-levels see chart above.
Looking for a short in USDCHF. Entry 0.9048, Stop 0.9086, Target 0.8955; R/W 2.48.
GBPUSD could see some good upside over the next hours, building a head-and-shoulders pattern. Long entry on 1.6325. Risk/Reward 3.05:1.
Good downside-potential on GBPCHF. Short since 1.4898.
Nasdaq 100 could soon be done with its recent correction. Opportunity for a play on the long side.
Possible Head-and-Shoulders forming in AUS2000?
Bitcoin is in weak condition. Its price is approaching 500$.
USDCHF could see some upside over the next few hours due to bounce off of lower Trendline and .764 Fibonacci-Level.
Bitcoin seems to be in a minor correction ATM. The pattern at hand pretty much resembles the correction on 7th of November (blue box on the left). With overall sentiment in mind, i.e. general buy-and-hold mentality, state of the order-book and bullish sentiment, i am led to believe that the odds are in favor of still more upside in the short-term, before a major...