myangelvasquez

myangelvasquez Updated 

Fundamentals : The RBA (Reserve Bank of Australia) kept interest rates at a 12-year high of 4.35%. The COT (Commitment of Traders) Non-Commercial Report for AUDUSD showed a larger number of participants holding shorts over longs but we’ve had about 15k shorts close their positions since the last COT report so there is that going against the bearish sentiment. Net...

myangelvasquez Updated 

XPTUSD has broken its bottom trendline with a 3 EMA crossing over the 10 EMA to the downside. At the same time we're getting the EMAs crossing over the Stochastic is heading down and crossing over the 50% mark giving three confluences to look for shorts Ill be targeting a 1% move down underneath a support i have drawn out on the 4H chart

myangelvasquez Updated 

EURUSD is setting its self up in the same way US30 is, they’ve both seen consolidation after a sell off. Technical : EURUSD is having its 3 EMA cross over its 10 EMA to the upside while at the same time the Stochastic is crossing the 50-80% mark to the upside as well. Price action has also tested the Top trendline, possibly setting up for a break out. Waiting...

myangelvasquez

US30 has been in a area of consolidation for the past week and a half after having a large sell off for the previous two weeks. Technical : On US30 we're seeing the 3 EMA cross the 10 EMA upwards while at the same time the Stochastic is pointing up while crossing the 50%-80% mark. Price action is also making its way to the upper Trendline which has 3 previous...

myangelvasquez Updated 

XTPUSD has been rallying ever since it broke out of its two week sell off a couple days ago but there are now signs showing that the upward momentum could be coming to a end. Technical : The 3 EMA is crossing over the 10 EMA to the downside while at the same time the Stochastic is crossing the 50% mark to the downside as well. These Bearish confluences are...

myangelvasquez Updated 

After failing to breakout the Top Trendline price has started to make its way down towards the Bottom Trendline which has been forming itself this past week, if we get the break were expected ill take shorts targeting a 1% move down for the first Target with the rest targeting the most recent prominent low at 81.118

myangelvasquez

The 3 EMA and the 10 EMA have crossed over one another heading down while at the same time price action on XAUUSD is trying to break the bottom Trendline. Stochastic is also making its way past the 50% mark and is heading downwards. Target a 0.5-1% down from the break of the trendline or from your entry point.

myangelvasquez Updated 

Fundamentals : This weeks GBP PMI coupled with USD Unemployment claims and Core PCE has sent the Dollar rallying while GBP has been in some consolidation until today. Technical : From a Technical point GBP broke the Bearish Trendline at the same time the Dollar was rallying from news, GBP later retraced some of the sell off and retested the Bearish Trendline it...

myangelvasquez

XPTUSD has broken the Bullish (TOP) Trendline after multiple (5) touches, we dont have a clear safety line to give us a stop loss so i wont enter of the initial break. Im going to instead wait for a retest of the Bullish Trendline we'd just broken, Waiting allows me get a better idea of the breakout to see if its just trying to fake us out. If this bullish...