NZDCAD is approaching support at Buy Entry, in line with 61.8% Fibonacci retracement and 61.8% Fibonacci extension , where we could see a bounce and further upside towards Take Profit, in line with 61.8% Fibonacci extension and horizontal swing high resistance. Stochastics is also approaching support where price has bounced...
Possible trend shift in CHFJPY – going long
The Tidal Shift Strategy has just bought CHFJPY at 120.451. The system recommends entering this trade at any price between 120.291 and 120.611. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -5.968, which suggests that...
Possible trend shift in NZDUSD – going long
The Tidal Shift Strategy has just bought NZDUSD at 0.70012. The system recommends entering this trade at any price between 0.69882 and 0.70142. The signal was issued because our Speculative Sentiment Index has hit its most extreme negative level for the past 145 trading hours at -1.41414, which suggests that...
GBPUSD facing bullish pressure| 12th July 2021
GBPUSD is facing bullish pressure as it broke out of the descending trendline resistance. Prices are might pullback and take support on horizontal pullback support in line with 38.2% Fibonacci retracement and 61.8% Fibonacci extension . Prices might push up towards horizontal swing high resistance in line with 50% Fibonacci...
USDJPY approaching resistance, reversal incoming|12th July 2021
USDJPY is appraoching horizontal pullback resistance in line with 38.2% Fibonacci retracement , 61.8% Fibonacci retracement and 61.8% Fibonacci extension . Prices might push down towards horizontal swing low support in line with 61.8% Fibonacci extension . If prices push up, prices might face resistance from horizontal swing high resistance...
EURUSD Facing bullish pressure | 12 July 2021
EURUSD holding above ascending trendline support. A further push up above graphical overlap support, ascending trendline support and 38.2% Fibonacci retracement level at 1.18600 towards graphical swing high resistance and -27.20% Fibonacci retracement at 1.18951 could be possible. Technical indicators are showing that price is within a bullish environment as...
AUDUSD Facing bearish pressure | 12 July 2021
AUDUSD is reacting below key 61.8% Fibonacci retracement at 0.74855 where we can expect to see price face further bearish pressure and push lower towards our take profit and graphical swing low support level at 0.74099 where we also have 61.8% Fibonacci extension level. Stochastic indicator is also reacting below...
Market Quick Take – July 12 2021
US equities closed Friday at a an all-time high and the Asian session has started the week on an even keel, with Japan launching an enthusiastic rebound from an ugly dip late last week after a sharp bout of JPY strength spooked the market there. This week, Q2 earnings season...
Macro Dragon WK # 29: RBNZ, BoC, BoJ, Aussie Jobs, Inflation across US, UK & EU
Macro Dragon = Cross-Asset Quasi-Daily Views that could cover anything from tactical positioning, to long-term thematic investments, key events & inflection points in the markets, all with the objective of consistent wealth creation overtime. (These are solely the views & opinions of KVP, & do not constitute any trade or...
FLASH Trading + Your Brand-New Newsletter!
Ian developed a crypto flash strategy for the first wave of this bull run, and … the gains were completely nuts!