StampsFX

StampsFX Mar 29, 2021

On the weekly chart GBPJPY is showing long term bearish pressure, however on the daily chart it is showing a very short term bullish move. We could see this pair retest the resistance level marked on the chart. If the price reached the upper trend line (and resistance line) and head lower, we could see a retest of the lower trend line. If that lower trend line is...

StampsFX Mar 18, 2021

CADAUD appears to be heading lower. It is in a very deep downtrend. The market has formed a "W" pattern, which is a bullish sign BUT it appears that price has bumped against the upper trend line. The market has not retested the 1.000 level so this tells me price may still be headed down. Hopefully the buyers won't get trapped in the market.

StampsFX Mar 15, 2021

GBPUSD appears to be losing steam. It is in a clear uptrend without a doubt, but over the next few days we could see it slide back down to retest the support level and the lower trend line. If the lower trend line is broken, we could see this retest the September of 2017 resistance level (lowest support level drawn on the chart). In September of 2017 a major...

StampsFX Mar 12, 2021

EURUSD appears to be headed down. Price failed to make a new high and dipped back into the previous channel. There is a trendline that may be retested, which leads me to believe we may see EURUSD fall over the next few days.

StampsFX Jan 11, 2021

EURUSD appears to be in a clear uptrend. Given the current climate and news in the US EURUSD could be headed back towards the resistance level once tested in 2018. Whether or not this level will be broken will remain a mystery, however we can clearly see the break into this previous zone, followed by a small sell off. Price will be pushed back into this zone, as...

StampsFX Feb 9, 2020

EURUSD retested a major support level in late 2019 and bounced. This bounce did not reverse the down trend. This level is from 2017 and is very important. If this breaks, price will began to trade within the lower channel from 2017 (which is about 300 pips below its current level). -StampsFX #EURUSD #EURUSDSHORT #ForexTradeIdea #Forex #ForexEURUSD #FX

StampsFX Dec 31, 2019

Bearish because price rejected at 100 EMA on Weekly Chart. On Daily, price closed back into lower channel.

StampsFX Dec 31, 2019

Sell/Bearish because Over Extended Above 200 EMA and 100 EMA. Also, two closes below Jun support/resistance level (orange line).

StampsFX Dec 29, 2019

EURUSD large candle pushed price into a new area. Going long, although there may be a sizable pull back before heading lower.

StampsFX Dec 29, 2019

Price failed, reversed and began heading lower.

StampsFX Jul 2, 2019

EURNZD FX:EURNZD BULLISH - appears to be trading in a declining channel. Price currently at the bottom of channel. This may be due for a bounce.

StampsFX Apr 9, 2019

USDJPY was rejected at the upper trend line, which leads me to believe it is headed down to retest the lower trend line.

StampsFX Apr 9, 2019

EURUSD appears to be oversold on the daily chart and the weekly chart. Not only does it appear to be oversold, but the lower highs did not continue. There is a good chance it could be headed higher.

StampsFX Dec 31, 2018

NASDAQ:AAPL NASDAQ:NDAQ AAPL broke structure and headed into a deep downtrend. Bulls may see this as an opportunity to push the market higher, however this push will be overtaken by an overall market slope.

StampsFX Dec 31, 2018

DJ:DJI CBOE:VIX DJI is in a clear downtrend. The market formed a double top, broke the neckline of current formation, and completed its first bounce. After the bounce, which I suspect is almost over, the market will continue its' downtrend.

StampsFX Dec 31, 2018

AUDNZD broke a key support level AND a key resistance level. Looks to be continuing the downtrend. The pair is up on the day. Waiting until the pair hits the previous resistance level to determine if it will be rejected or break through. If rejected, SL will be above resistance and slightly above trend line, and a move to the support level will be in...

StampsFX Dec 31, 2018

Everyone is in debate about whether EURUSD is going to go up or fall. Many think it will fail, while contrarians such as myself, feel the shorts may get trapped. Only time will tell. The US Markets are in a slump and the government shut down is making the dollar loose a lot of steam. EURUSD may take a nose dive, but we are all on the sidelines waiting for...

StampsFX Dec 31, 2018

Everyone is speculating EURUSD will take a nose dive. While this may be true, the US Markets are due for a slight pullback before heading lower. This could cause EURUSD to spike temporarily before heading lower. The weekly chart shows a failed head and shoulders pattern, with is a bullish sign. I too believe this pair will continue to fall, however I think it may...