iskald

iskald Updated 

USDJPY could be right now in a rising wedge where it got rejected the second time. The price could end up at the bottom of the wedge before continuing higher. This is because the price was stopped at around 114.500 where it created an inverted hammer and then a quiet strong bearish candle. This show me that the bears have taken control and will continue to push...

iskald Updated 

NZDUSD has broken the decending channel it has been in since July last year. 50MA has crossed over 200MA to the upside, will see a NZDUSD going up? I thought i might breakout earlier this week but it failed. I have seen many selling NZDUSD but i seem to be right in the end. High impact news for the coming week Tuesday, July 18, 2017 NZD Consumer Prices Index...

iskald Updated 

This is my personal view on USOIL. The price could be in a descending channel but there is nothing back it up on the lows. The buyers keep pushing the price up without any pullbacks and so far showing strong momentum. It is possible that the momentum will decrease as sellers starts to kick in but so far no strong sellers to be seen. Today USOIL did form a...

iskald Updated 

AUDCAD has been ranging for the last week between 0.99500 and 1.00900, shown on this daily time frame. A break of the current support level that goes back to mid april opens up a new area. If the price is pushed up yet another time, it will just continue to range, because the sellers are really pushing the lower highs down. After the LH around 7th of June the...

iskald Updated 

AUDJPY seem to be completing a harmonic pattern. This is clearly not my field, but it's a good information for a short possibility. There is still some upside potential but it doesn't have to reach 87.400, 87.000 could also be a point of reversal. The 50MA has crossed over 200MA to the upside which can indicate a upside potential. The bulls is showing strong...

iskald Updated 

AUDNZD has now been ranging for the last month more or less without a clear direction. It has hit resistance and support but able to create new lows and new highs but pushed back in. A breakout of this box can create a nice opportunity if the breakout is to the topside. A breakout to the downside is just a move into concrete floor of resistance without new lower...

iskald

AUDJPY is up again visiting a critical zone where the next move can change the direction of the price or just continue higher. I would like to watch this trade closely, either to look for pullbacks to sell or go long if the sell is stopped out. The price is in a rising wedge so a breakout to the upside might happen this time or next time it goes up to current...

iskald

AUDCAD has given 145 pips this week. AUDCAD is still in a range going back to June 2013. For the next week i don't seem to grasp what is going to happen, both AUD and CAD is strongly going up, resulting in rejection in the two boxes i have stated out. I believe that the long term view is that AUDCAD will go down to historical 0.92000 but the lack of lower lows...

iskald Updated 

I entered my 3rd trade on USOIL this morning, on a pullback in a possible overall downtrend My reason for entry was a new "stair" in the uptrend and presented a beautiful entry. Entry: 46.86 My take profit is set to high of the previous range and under 61.80% retracement TP 48.00 My Stop loss was 50 pips. That gives it room to move around without this...

iskald Updated 

USOIL is currently make a pullback after a long downtrend. The pullback is making nice higher low and higher highs pattern on the short term as stated in the chart. It's very easy to learn to trade and to trade. The buyers have taken control and is clearly pushing the price up. My reason for entry was that on 5 min timeframe it formed a cup pattern and the seller...

iskald Updated 

USOIL is making a pullback. 50MA has crossed 200MA to the upside. It's making price action is making new higher highs and higher lows