Sunday 11 January 2015

USDJPY - Short from 119


Triangles and some clear levels established. Looking to short on a rebound to 119, targeting 116.1. Would take on another position and let it run down through to 112.315 an unfilled gap.

EURUSD - Long on correction

Break of minor trend line. Yesterday's NFP volatility didn't break below the hammer's low, indicating upside risks to EURUSD. Accordingly, long on 1.1816, targeting 1.1998 (or 1.20 rounded off)

Sunday 4 January 2015

Buy any pullback or sign of consolidation: target 1.20


I'm looking at USDCAD with attention, the oil decline and the bullish USD news are pushing it to new heights.
A potential target could be 1.18 and up to 1.2 before a reversal.
I'll watch the 4h charts with attention for a setup, right now, it needs to come down, but it can just skyrocket, in which case I won't chase i

Harmonic Butterfly Pattern NZDUSD


If price can move lower on the NZD/USD then there could be a bullish butterfly forming on the 4 hour chart. If the pattern can complete then it would coincide with the bottom of the trend channel that is noticeable on the larger time frame.

Saturday 27 December 2014

NZDUSD weekly analysis


It will be interesting to see how long this channel stays intact. No doubt the outlook is fairly bearish currently.

USOiL UP first, to 55.699 Then



USOiL UP first, to 55.699 followed by a possible test of 200Ma at 56.14 / 200Ma THEN some downside ;0)