KaisMarket

KaisMarket

Nice reversal pattern playing out especially as AUD has shown nice strength and the AUD price currency index signalled this move with a breakout of the reversal pattern. Price has broken and we can anticipate price to fall to 1.71247.

KaisMarket

R:R basis selling here at 1.23350 is a good area to minimise risk. Price is now re-resting the pattern neckline breakout. Which we see its still to hit main fib targets. Finding resistance now would allow us to visit 1.22158 minimum

KaisMarket

EURCHF is near fresh resistance so we could see sellers move in. Testing as resistance as previous support level. Good R:R so worth a good trade

KaisMarket

With a 18 pip SL and a reward 6x greater than the risk this is an attractive trade. 0.92356 is the level we want to see support as this is a key fib level for going on higher. Risk is minimised so looking for a rejection on this level to go long

KaisMarket

NZDJPY has been stuck in this sidewards range now. We printed a double bottom and a more rare triple top however price is now approaching the top for the 4th time with the JXY currency index retreated to the bottom trend line of its up trend but no break down. I am looking to see if we break to the upside which is prefered but if we reject i will sell this for a...

KaisMarket

Price is in an ascending channel, as it is near the bottom trend line we should anticipate buyers to move in. Any break out of this channel could lead to a fall to the higher 1800 level

KaisMarket

End of wave 5 only means 1 thing! ABC correction. looking to play wave B to C down to 0.92000 level which is a good .50% fib retrace mark

KaisMarket

We posted the original reversal of this with the inverted H+S. Price has currently pulled back to test the neckline. Good RR ratio for buys here. If we create support here we have confirmed more up but if not we could fall deeper

KaisMarket

Looking at AU we have had a great breakout of the channel. DXY seems to be trying to create some support how valid this is we will find out. Looking t test the 50% retrace mark which is also a created supply zone which can be found on the two small buy candles before a large sel off. Wait for rejection off fib and ride it down

KaisMarket

We can see AC failed to hold above previous resistance, break of trend line and the end of a wave 5. We now look to enter ABC correction 0.93250 is a good RR short entry and look to see AUDCAD retrace to 0.89129 level.

KaisMarket

CHFJPY exploded upwards after BOJ decided not to tweak or have any surprises in their policy which the market was expecting allowing JPY strength to releve for a bit. Never the less we are uo at the top channe trend line which makes for good RISK/REWARD sells

KaisMarket

Reversal pattern in play as the dxy shows some great strength today. On top of that AUD pulls back finally from its bullish breakout after china opened its exports mainly coal to its country which is its largest exporter

KaisMarket

looking like a reversal pattern has set up as we see DXY bounce hard and show some real strength. Fib targets on the screen show my targets

KaisMarket

Simple broken out the trend looking to push up on CAD weakness and the EURO at an all time strong compared to the dollar driving EU strength

KaisMarket

AUDNZD has been in this nice tradeable up channel. Set up is simple overhead resistance is 150 pips higher. We have touch the lower trend line of the up channel so risk to reward ratio for entering a buy here is great. Good luck. invalid if we break out of the channel to the downside in which you could get a nice sell. Preference is to buy, the trend is your friend!

KaisMarket

Simple setups are the best. Price has double bottomed. Nice push off the support area. good risk/reward ratio here for a short term buy this week

KaisMarket

USOIL currently breaking out its falling wedge. Waiting for a nice re-test to confirm this before taking a long on a smaller TF Target is up @ $90/$92.

KaisMarket

SPX500 has been in this long down trend. Price is currently trading right at the main trend and looks threatening with a lot of bullish candles building up. 4000 is the mental price and i am watching for a break or rejection before taking any trades. Sure to say Monday will be interesting