kevinandersonss

kevinandersonss

could we get past that pivot point (P)? then I think depending on fundamentals we maybe could see some bearish moves. would people really wanna hold this over weekend? lets see (i have a history of being wrong, do your research before acting on mine)

kevinandersonss

at 16.00 (swedish time) we will see ¨USD ISM employment (MAR)¨ and could bounce usd/cad from its resistance. (ive been wrong before, do your research)

kevinandersonss Updated 

lower lows because of further problems with the virus?

kevinandersonss

depending on the fundamentals we could see price moving toward pivot point (P), and when crossing that we could see further bearish moves (depending on fundamentals)

kevinandersonss

we see a lot of indecision right now, and when writing this IG clients (IG is a broker) are exactly 50% long. why i think we are seeing this indecision is (maybe obvious) that nobody knows what will happen next. I heard we will de a decrease of 4% of GDP of gbp this year (estimated),also brexit won't take place this year either with leaves UK with a unclear...

kevinandersonss

could show strength down

kevinandersonss

¨each month will see a fall of approximately two percentage points in GDP¨ says the ¨official¨ (?) source: DailyFX ECB vice presidet Luis de Guindos says ¨indicate a recession will take hold¨ this can't be good news for eur, and nobody knows what will happen to the economy and neither the euro. which is kind of crazy since ¨life¨ was normal a couple moths ago....

kevinandersonss

looks like we are seeing a hanging man candle (pattern) today, which (can) indicate a trend shift. Tonight (swedish time) we are seeing a ¨consumer confidence¨ claim, will probably make gbp/usd move (do your own research, my own has a history of not being right) if someone wanna work with me on this ¨case¨ (gbp/usd) tell me and we can try making some money together

kevinandersonss

seller can't take control, neither buyers. this is an interesting case, lets see how it turns out

kevinandersonss Updated 

In just a few minutes we will see meatings where we are going too see the ¨net consumer credit¨ that could ¨expose¨ what the virus actually has done to the uk, also we saw the country´s deputy chief medical officer saying life will not be normal in the uk for at least six months. Maybe this could be the beginning more downside for gbp?

kevinandersonss Updated 

can mean strong momentum to downside

kevinandersonss Updated 

december 29 -2019 we saw the first cases of covid-19, since then usd/cad has gained around 13% and we see when stocks are down, usd/cad is up and the exact opposite. because usd is a ¨safe haven¨. And stocks are down when we see more virus cases, like this weekend. And as we know when stocks is down usd is up, so that means more virus cases-more gains for usd. But...

kevinandersonss

We have unemployment claims, consumer price index ¨claims¨ the coming week and we saw a pretty big wave of virus cases in countries like spain this weekend. Therefore we could see a recovery of price this week as europe suffer and stock market will be down. A factor to why it should keep getting more expensive tough is all the ¨helicopter money¨ stimulating the...

kevinandersonss Updated 

we can see a trend line since 2017 at current price, that trend line has denied price over four times earlier. We also see a few lows from previous years that could act as resistance. fib levels pretty close aswell. I think we are going to see a way more expensive euro with time tough, because we will see improvements with the virus (in a few months) and usd will...

kevinandersonss

engulfing candle on the 4hr chart should show strong strength down. We could see it

kevinandersonss

fundamental analysis should be considered before trading this

kevinandersonss

You should have a legitimate fundamental analysis before trading this

kevinandersonss

don't trade this without a fundamental analysis !