peterbokma

peterbokma Updated 

It feels we may see a temporarily pullback towards $ 295-300 short-term. We are positive by a few indicators, and we are starting to climb a bit away from the lows. Strategy BUY @ $ 245-265 and take profit near $ 295-300.

peterbokma

The pair remains in an upside pressure mode, and there are some good reasons to be found for it: 1. GOLD should retreat towards $ 2,930 at least 2. USDX is positive 3. indicators support move higher for now. I prefer to look at the long hourly charts, since the shorter ones are tug-and-war under the current range trade scenarios. The 9-hourly shows little more...

peterbokma

The pair is in a corrective phase and based on FIB. we may see 1.2800 - 1.2700 area in the coming sessions (week). we are negative on some indicators, which help support the viewpoint including the reds we got now at the start of the movement. Strategy SELL @ 1.2920-1.2950 and take profit near 1.2768... just judge it whether to take back sooner.

peterbokma

The pair feels heavy, and especially higher OIL price and a triangle with support little lower, and approaching critical cloud areas, suggest we have a reasonable chance to see it move lower sharply. Strategy SELL @ 1.4310-1.4340 and take profit near 1.4039 for now.

peterbokma

The pair is starting to look little better on the charts,. We are above the cloud support 18.2200 area and we are approach regression channel top 18.3050 area. Since the channel is downward, it suggests a breach above let's say 18.3350, would indicate higher levels before lower again. Based on today's chart, I feel BUYING is the way to go for short-term...

peterbokma

No change in view point. I feel we will see lower levels, to correct the overbought state we are in. The shorter period charts are negative and the 12 hourly has still a high RSI and we are turning the tide it feels. Strategy SELL @ $ 3,020-3,050 and take profit near $ 2,928 for now

peterbokma

The pair is in fact ranging within a large area, but breaking it down, over all we should see lower from direction point of view. The current state suggests upside pressure but as long we are below 18.3800-18.4000 and not broken, we should see a test of 18.0000 again. Then 3-hourly chart is negative slightly. Strategy SELL @ 18.2000-18.2400 and add below 18.3300...

peterbokma

The pair is under pressure considering the long period charts. The short-term would have some corrections, but overall it feels we may see trend line support test 159.80 area. Strategy SELL @ 161.40-161.80 and take profit near 160.17 for now.

peterbokma

The pair has failed the higher levels, and judging the overall pattern, we are witnessing a rounding formation, and this usually translates into weaker levels. The fisher form is negative and MACD has been weak for some time. I feel we should move lower in coming sessions. Strategy SELL @ 1.8550-1.8585 and take profit near 1.8267 for now.

peterbokma Updated 

The previous update worked fine, and thereafter we started our decent again. The move lower is a little more severe, and it feels technically speaking, we may see a test of 17.9650. Strategy SELL @ 18.0950-18.1350 and take profit near 17.9750 - 17.9850 area.

peterbokma

The pair has tried higher yesterday in the 18.22s area, and now this AM lower 18.1450. The technical picture is improving and its lesser negative, but same time I am not feeling confident either way, whether up or down. The descending triangle suggest overtime to see higher levels again, is my personal viewpoint. Strategy consider a range trade 18.0350 - 18.3200...

peterbokma Updated 

the pair is positive short-term, and we may likely see 2.0700 area tested before down again. For now I took back previous short, and now am seeking to go long at the selected buying area. Strategy BUY @ 2.0465-2.0485 and take profit near 2.0700.

peterbokma Updated 

It is still under pressure, and FISHER FORM shows potential decline towards 103.00-102.90 area. MACD is positive and RSI is oversold, but not extreme. I feel based on that information, we may see selling pressure, but am a preferred buyer lower levels. Strategy BUY @ 102.90-103.10 and take profit mid-regression channel 104.20.

peterbokma

GOLD is on the roll still, and as mentioned, that a break above $ 3,029 area will push it higher towards trend line resistance $ 3,088. It is overbought, and that is why we add SELL at the level $ 3,065 or slightly better. Ensure proper risk management, i.e. leverage wisely. Strategy SELL (or add to short) @ $ 3,065-3,080 area and take profit near $ 2,987...

peterbokma

We are slightly on the upside for the moment for the pair. The pressure is upwards, and overcoming 18648 GANN resistance is likely to happen, is my personal view. The Fisher Form is positive, but others are yet to confirm the move. Strategy (if wished for) BUY current 1.8615-1.8635 and take profit near 1.8725 for now. Personally, would prefer to sit it out,...

peterbokma Updated 

The pair is in negative mode, and indicators support to see likely lower levels. FIB retracement 1.8342 should attract is my personal view. Strategy SELL or ADD @ 1.8560-1.8590 range and take profit near 1.8357 for now.

peterbokma

The pair has started to become under pressure, and I feel we may see a move lower to regression channel support area 1.2827 in the coming sessions. Strategy SELL @ 1.2970-1.2990 when seen and take profit @ 1.2837 for now.

peterbokma Updated 

The pair is slowly showing negative movement, and we are witnessing MACD going into RED. We are still overbought. I see good chance to see a test of 2.0200 short-term. Strategy SELL @ 2.0560-2.0600 and take profit near 2.0287 for now.