SamKent

SamKent

We're neutral about the pair in fundamental terms, however, the pair is approaching our signified buying zone for a short term turn in the market. We're looking for confluence between price action, stochastic cross-back from oversold, 50% retracement support, 200 SMA support, and a break of the descending trend-line as final confirmation.

SamKent

The EUR/GBP is in the business of forming a triangle/flag pattern on the weekly chart. We're interested in following the developments of this pair for both fundamental as well as technical reasons. Fundamentally, there's a significant divergence between the state of the economy in the EU and in the UK. The EU is in 0 growth mode, with strong deflationary...

SamKent

The pair's trading in a well defined support zone, we're looking for stochastic to cross back from oversold territory, plus a break of the descending trend-line for trade entry.

SamKent

The pair's trading at our predefined sell area, we'd be looking for momentum to turn bearish as indicated by stochastics, as well as a break of the ascending trend-line. Our initial profit target will be at around the 0.88 handle.

SamKent

The pair is trading in our buying zone, so there are two main options: (1) go long at current price, with big r&r. (2) wait for confirmation from stochastic crossing back from oversold coupled with a break of the descending trend-line We favor the more conservative 2nd alternative, and so we're following further developments in the near future.

SamKent

Not much to say here, our entry triggered at 0.888, we're looking to take profits at around the 0.8825 handle.

SamKent

The GBP/USD is shooting upwards with a massive hourly green candle. We've got the 1.6205 to 1.622 area as our zone to short the pair. Current momentum is looking extremely bullish of course, however, in the larger scheme of things we don't see the GBP/USD as a bullish pair going forward, we're neutral about this pair and thus we'd be looking for shorter term range...

SamKent

the pair seems to be on its way towards our signified sell zone, we'd be looking at the area between 137.585-137.785 as our opportunity to short it, aiming towards the 136.500 area.

SamKent

We're following the EUR/USD on the hourly, looking at this flag pattern to continue for now, we'd be interested sellers at around the 1.2742 handle, with our target at around the 1.2573 mark. The current momentum is bullish as indicated by the stochastic pointing upwards, so we'd be looking for a momentum reversal to back up our trading plan.

SamKent

We're looking at a simple technical formation on the 4h which matches the current market bias. We'd be looking for a break of the ascending trend-line coupled with slow stochastic crossing back from overbought as an entry signal, aiming towards the lower part of the channel, with a stop just above the channel line for good r&r.

SamKent

Silver is trading in a fairly well defined range as of late, currently it's in consolidation mode at the bottom, a break of the descending trend-line coupled with growing momentum should allow us to long it for a fairly short term trade.

SamKent

Gold is consolidating in the 4 hour chart around our buy zone. the dollar rally hasn't had as big of an effect on gold, which shows its resilience. we're looking to trade this confluence of support zone+fib support+slow stochastic cross-back from oversold, with about 2 to 1 r&r.

SamKent

The CAD/CHF has been building some bullish momentum. The sellers are still present as indicated by the long upper wicks, however, the pair seems to be creating a slow and steady sequence of higher lows, as well as clearing the 50% fib with a massive 2 way candle. All in all, we'd be interested buyers on a clearing of the 61.8 fib, we feel like once that resistance...

SamKent

The USD/JPY fell from 110 with a strong impulsive sequence to the 105 support area. Currently, the pair seems to be in corrective mode, with the buyers unable to produce very significant gains for the week. Additionally, the 20 EMA seems to be strong resistance so far, which has not been the case for a long while. Given these considerations, we feel like a strong...

SamKent

Silver has been downtredning for a while now, looking at the weekly chart, we feel like the 17 area is supportive and might hold, especially considering the recent bounce-back in Gold and its correlation to silver, however, It should be noted that silver is a more industry oriented metal than Gold, and thus it is entirely conceivable to see some divergence...

SamKent

We've just entered short on a channel breakdown close in a general downtrend environment. A very simple technical trade with good r&r.

SamKent

The cable is currently in the process of breaking out to the downside, we're marking the key breakout level at around the 1.61045 mark, we'd be looking for a pullback towards that level for shorting the market.

SamKent

Gold has been in corrective consolidation for a while now, it is currently trading at a decent point of entry, with support from the ascending trendline, 100 MA, 0.382-0.5 fib and a slow stochastic curve up from oversold territory.