olympus_trading

olympus_trading

*Yellow = 200 EMA | Blue = 100 EMA The first update for OANDA:EURGBP . After a successful analysis posted at the beginning of August, the analysis outlined resistance at 0.93332 and price found resistance at 0.93244, along with that, channel 1 and channel 2 were successful supports, but the initial analysis suggested that around 0.905 level there would be a...

olympus_trading

*Yellow = 200 EMA | Blue = 100 EMA This update is for OANDA:GBPCAD . I predicted (accurately) that price would find support at ~1.58165 , and it successfully rebounded off of this is level and has found resistance at ~1.65918 . We currently pushing off this resistance level and first found support around mid-August. The close on Friday (Sept 20th) is...

06:18

olympus_trading

These are times of economic uncertainty; Brexit and the Trade War are primary factors but aren't the only ones. It is during these periods of uncertainty in which precious metals often see bullish movement . This is because, in the changing of political landscapes and the manipulations of central banks, these commodities act as a hedge against inflation ...

olympus_trading

*Yellow = 200 EMA | Blue = 100 EMA This is the FX:USDJPY with Ichimoku overlayed with two moving averages. This pair is setting up nicely for a 500 pip move between 104.499 and 109.621. The support around 104.50 level has been used as resistance multiple times during September and October 2016. It has been used as support March 2018, January 2019, and...

06:26

olympus_trading

*Yellow = 200 EMA | Blue = 100 EMA This video goes over the divergence between the DJ:DJI and DJ:DJT . Currently, the DJIA is trending upwards, setting new highs, and lows. However, contrary to this movement, the DJTA is moving downwards heading towards a trendline shown in the video, but could very easily break through that trendline. Why do I care? In...

olympus_trading

*Yellow = 200 EMA | Blue = 100 EMA This photo captures the recent movement of OANDA:GBPUSD on the daily chart. In this movement, we see varying price action, but the most important of which is the upcoming support around 1.199 which is an all-time low . This means that the support is outlined on every major time frame including the monthly, weekly, and...

06:40

olympus_trading

*Yellow MA = 200 EMA | Blue MA = 100 EMA This is my analysis of COINBASE:BTCUSD which I think has enormous potential as we continue this current bull run. Currently, I see many different bullish actions playing out: 4H: 1) First we see a "kiss" off of support around the $9335 level and a rebound above the 200 EMA on an increased RSI indicating ...

06:50

olympus_trading

*Yellow = 200 EMA | Blue = 100 EMA This is my analysis of EUR/GBP , a pair which has a crossroads ahead of it, particularly this upcoming week. Currently, I see 3 different options : A) Play into Consolidation This is the most probable option especially because we're currently moving on a steep trendline and on bearish divergence. Current price action...

07:34

olympus_trading

*Yellow MA = 200 EMA | Blue MA = 100 EMA In this video, I go over the approaching support level for OANDA:GBPCAD and the potential play to the top of the consolidation box set after the reversal we see from January 2016 - October 2016. A play from the support to resistance is well over 1000 pips and has two different opportunities: 1. We bounce off of more...

olympus_trading

*Yellow = 100 EMA | Blue = 200 EMA *1D Chart The CAD has been one of the best-performing currencies in 2019 especially after dovish intentions were interpreted from the Fed. It's risen an overall 4% since January. With the Fed announcing rates tomorrow, we could see further movement from the CAD. HOWEVER, the CAD has been making moves in the short term that...