I'm looking at this from a technical and fundamental standpoint. Not here to go into the details. But with the way the macroeconomics are across the world, it will be interesting to see how this plays out. Following for the next couple weeks.
Easy technical analysis. From what we can see the market has last reached a top in November. Now we see the buying pressure slowing down. Huge room for fundamentals to come into play and prop the market up.
oil has reached our buy zone if this zone breaks sell sell sell buy in the zone and set stops below the daily wicks wait
sell nzdcad off rejection of 4h 200 ema and resistance
4h hammers my SL is below wicks. maybe you want yours below the zone your choice
sell idea watch for price action at this zone. if it breaks, look to sell at 61.8 trade accordingly 80 pip target 30 pip SL
naked forex tell us she wants to come down market entry 40 pip SL 100 pip target
GBP/JPY is at a price that it hasn't seen since July 25th. For this reason, I believe we are going to see some rejection from this level. It has already begun, but I'm looking at the blue lines for further downside targets. We also have confluence with the break of the trendline. Weekly: 2D: Hanging man followed by bearish engulfing candle Daily: doji, dragonfly...
short usdCAD off 61.8 fib rejection set SL and targets appropriately
As the US plans to send troops into the middle east regarding the drone strike on Saudi Arabia last week, I'm expecting to see some upward movement in the price of oil. It had the biggest surge in decades when the market opened on Sunday. After retracing the rest of the week, it seems to have found support above the 200 EMA. If this continues to hold, I'm...
oil to retest highs looking for break to 65