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salsapete Updated 

Towards the end of May 2022 USDJPY broke a downward resistance level , and has since moved to a multyear high. Since early June all 4 moving averages have attained a golden alignment. Price seems to be moving nicely within a channel defined by the intraday Bollinger 2SD and the 10 MAV. A long is suggested from a pullback to the 10 MAV. The target is unknown...

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Copper is in decline. The 50 MAV has provided dynamic trendline resistance. Price has rallied from the recent swing low to now be at Fibonacci 61.8 level . A short in line with the present intraday trend is suggested 1. Enter - 748 2. Stop - 753 ( Above 100 MAV and Kumo ) 3. Target - 718 ( .618 extension) RR = 6+

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On the 30 min chart a descending triangle if forming with this pair. Look for the short opportunity. 1. Enter on break of base of triangle = around 1.1805 2. Stop - above D point = 1.1875 3. Target - equal movement of the initial bearish candle in the triangle = 1.1615 RR = 2.5

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Looking at WTI with Ichimoku 1. Weekly Chart - the sentiment is bullish overall , with the weekly close above Kumo , the Tenken Sen and at the Kijun Sen. The Kijun Sen is the 6mthly equilibrium point for price. It has been tested on 4 occasions since the 7th March 2022. If price continues to consolidate , then the 98 level may be retested. 2. Daily...

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Longer Term - The EURUSD made a H&S formation from July 1020 till August 2021 on the weekly chart. From there a downtrend has been evident. Supporting Bearish Ichimoku signs 1. Future Kumo - there is a twist on 24/01/22 as blue skies become dark clouds. 2. TK Dead Cross on 02/08/2021 3. Chikou Span - below price on 05/04/2021. Breaks below the Kumo...

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The S&P 500 has reached a Market Top in the first week of Jan 2022. Since then the markets have entered a Corrective Phase Fundamental reasons are linked to Pandemic related supply issues with skyrocketing inflation. All central banks , bar BOJ , have entered into a rate hiking cycle. The Fed is the most bullish of all. Rising interest rates is bearish for...

salsapete Updated 

On the 15 time chart we see the AUDJPY consolidating within a Symmetrical Triangle. Price has to move out of the consolidation. With this pattern you need to wait to see which side it breaks. To exclude a false break a long could be considered from point c and a short from point d. The idea is only for a short term scalp.

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The CADJPY technically appears to be Bullish in the longer term. Factors based on price action and the cloud to consider are 1. Present Kumo - price is well above the cloud. 2. Future Kumo - is bullish with SSA and SSB both sloping up. 3. Chikou Span - is bullish above price and with ample space to the current price action. It suggests 107 as medium term...

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Recent Daily Price Action has seen the pair move down from .7650 to .6850. With price rejecting .7250 a possible trendline can be established. The recent sell off may see a retest of the support zone of .6850. The Kumo is flat , suggesting price will consolidate over the next few weeks. 1. Scenario 1 - is for the Aussie to consolidate within a descending P...

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USDCHF is retracing the recent bullish movement late May 2022. Look to enter a short trade 1. Around = .9890 2. Stop - above 50 MAV . 9930 3. Target - towards the .9800 level ( just beyond the .382 retracement) RR = 3.0

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Towards the end of May 2022 the Kiwi Yen was in consolidation on the intraday chart. With all 4 moving averages short and long coalesce and be within 40 pips. Price has since broken to the upside and is clearly walking (trending) up a channel defined by the 2SD Bollinger and the 20 MAV. A long trade is suggested from a pullback to the 20 MAV. The target...

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On the intraday chart the pound has met 3 criteria for a short position 1. Dead cross of the Tenkan San and Kijun San 2. Chikou is beneath the price action 3. Confirmed close beneath the Cloud. Enter a short trade 1. Price - around 1.2485 2. Stop - around 1.2595 (above cloud) 3. Target - towards 1.2245 ( the 1.618 price extension and near the 52 bar...

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The US30 has been in downtrending channel , look to enter short for further movement to downside. Enter - around 31250 Stop - above hourly swing high 31500 Target - channel low around 30500 RR = 2+

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There appears to be a Descending triangle appearing on the intraday chart with Bitcoin. Look for a short trade 1. Enter - 36900 ( Between the MAV's) 2. Target - 29900 ( the base extension of the triangle and the initial swing low ) 3. Stop - 41000 ( prior swing high) 4. RR = 1.6

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Gold is something to behold... so for the longer term I would suggest buying gold. The longer term target on the weekly chart is $2700. To trade in the intraday chart , I would consider going long 1. Enter - $1890 2. Stop - $ 1870 3. Target - $ 1920 4. RR = 1.5

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On a short term perspective, the EURUSD appears to be in correction after the recent impulsive movement from 1.17 - 1.2150. Why ? 1. Dead Cross of the 20/50 MAV 2. Swings of LL and LH. So a short could be considered 1. Enter - around 1.20 2. Stop - above 1.2050 (50 pips) 3. Target - 1.1870 ( 130 pips) RR= 2.5

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On a longer term perspective the GB Pound has moved from the Pandemic Low of $1.14 , and may proceed towards $1.50 ( based upon a .618 fib extension ) . The longer term moving averages synced to the upside would suggest staying in a long mode for this pair. The current 2 SD high on the weekly chart has price being bound at $1.4040. A trade is suggested ,...

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Gold is in consolidation , and the bias is to the upside ( 30 MAV> 50 MAV) . Consider a long trade from BB 2 SD low to high. 1. Enter - around $ 1890 ( lower BB 2SD) 2. Stop - around $ 1855 ( outside BB 3SD) 3. Target - around $ 2020 ( upper BB 2SD) 4. RR = 3