


Price has strongly broken above 1.71500 and has currently held very well. We can also see a bullish continuation pattern off the price level of 1.71500. I will be look for a target of 1.75000 for the up coming week , if we manage to sustain above 1.72000. We have also had a fairly good bullish close to the day on 20/01/2017 which adds to the long bias. Trying...
My bias currently mid term for this pair is short , after seeing the confluences highlighted in the chart above. Today we had a potential false break out on the 4hr chart , which also broke past my descending channel. If we see a strong bearish close on the 4hr chart & we are below 116.000 this pair can still be classed as bearish. The daily candle is also...
This pair no seems to have broken a key area 0.72200 and price has held firmly above it , closing the day with a big bullish candle. My bias for now midterm is bullish , as I believe we may see price hit at least 0.73700. However as we have NFP out on the 06/01/17 we may see a possible re-test of 0.72200 which is just slightly under 90 pips or so from where we are...
My bias for EJ currently is long. I do believe we may see this pair touch 125.000 , within the next week or so. after a strong bullish run , price is now stalling , possibly taking a break. I know there are a lot of people who may be trying to sell this. Currently price is at the 123.000 are and seems to be holding well, spotted an opportunity here, should we have...
I've noticed a key are for silver has now been broken and we are still above the price of 16.800. This coincides with our 61.8% fib re-tracement and we are still creating higher highs. Price is also now above my weekly support zone and I do believe Silver may push through possibly back up to the 17.800 area. We have my weekly resistance at 17.200 which I believe...
Something I've spotted with is pair , after the bullish momentum from the 1.41600 price zone , price seems to have found resistance area close to daily resistance too which is 1.44000. we can see price is struglling take break this resistance area , daily candlesticks have failed to close strongly above the price of 1.44000. Just a small short idea all the to...
I have found this pair strongly reject the 123.200 area , close to monthly support , after the heavy upwards momentum we seem to see price staling , however still creating lower lowers and higher lows. My projection is we may see price move all the way down to the 121.400 area we could expect some major buying pressure to occur. Lets see how this plays out.
Bias on this is long , I am aware there are fundamentals affecting the CAD today , at this moment in time since last nights asian session we saw some slight consolidation , could the fundamental news for CAD today give this pair the extra push it needs to. target is around 1.69500
As Trumps victory is now being digested, markets appear to be warming to him , however still early days and Obama is still president. My projection is very bearish on silver as we see investors rushing towards stocks and bonds in the next few weeks , believing the Economy will be ok. Or is it?? Shorts in play for time being.
With yesterdays huge spike to the upside , price still did not close above the previous 4 months highs , as a matter of fact it even failed to close the previous days high. Projection im very bearish on Gold , im expecting in the next week or so to touch the 1240.00 zone.
As we saw trumps victory caused huge volatility yesterday , however we are still looking for a target zone of around the 1.23000 area possibly even lower. Im still very bullish on this pair as Im expecting a huge rebound to the upside once we are in the 1.23000 zone. but for now small short position. 100 pips or so.
Nice short trade here , target 115.100 , possible long term even further down movement.