The pair has attempted to climb back, but the cycle is still lower, is my humble opinion. the stochastic and overbought status suggest lower levels to be seen. Strategy SELL @ 1.4390-1.4430 and take profit near 1.4256.
The pair has climbed nicely and now whilst GOLD is firm, and the pair being overbought, the chances are pull back 18.1575 area. Strategy SELL @ 18.4000-18.4500 and take profit near 18.2175 for now.
I underestimated the move upwards, but as they say, if one manages for value, scaling in and managing leverage is the key to ensure we create the opportunities. There are different methods, but valuation is the key. I hope it has not become to harsh on any of you, as these markets take everyone to the cleaners, if not careful. Back to business, we are way...
The pair is currently overbought, and this on both RSI and MFI. We should move lower (likely a wave 2) to somewhere 1.9995 area before up again. Strategy SELL current 2.0080-2.0120 and take profit near 2.0000.
The pair broke through 1.4250 zone, and now we are near the next resistance level 1.4340 zone. It is heavily overbought, like so many other pairs. Stochastic high and MFI well quite extreme, so over time we will see corrective action, is my viewpoint (and no issue when we disagree). Strategy SELL @ 1.4310-1.4335 area and take profit near 1.4178.
The pair is short-term overbought, and stochastic is negative. I feel we may see a test of GANN support 194.70 area. Strategy SELL @ 195.30-195.70 area and take profit near 194.27 for now.
The pair is very oversold, and it requires corrective action. RSI very low, and also we are well GANN supported but require to overcome the resistance at 0.6430 area. Strategy BUY current 0.6360-0.6375 and take profit near 0.6478 for now.
It is not for the fainthearted trading this share currently, however, it is good to place things in perspective. Pre- US-election the share was trading around $ 250 and today we are after market $ 472 per share, which represents a move of 88% of the value before the election. For sure, the leader of the pack, is bright and a visionary and has achieved incredible...
The pair is solid moving upwards, but it is severe overbought. We have a reasonable level for OIL and holding well, and there is a chance that USD may undergo some weakness. Strategy SELL @ 1.4230-1.4260 area and take profit @ 1.4135 for now.
The share has risen far too much, and all based on hype, and forecast of $ 400.00 by some reputable institutions. So, yes price erached beyond $ 435..and now what.. is the question. RSI is very high and should reflect the overextended BUYING of the market. GANN also suggests we see the peak below $ 446 area, hence decline feels imminent. Strategy SELL current $...
The pair has had an impressive move higher, and it may re-test 17.9300-17.9500 again. Strategy range trade 17.7000- 18.0450 is my viewpoint with current bias testing upwards.
The pair is under pressure, and indicators are mainly negative. It is possible we may see a move towards 1.9550 in the medium-term. Strategy SELL @ 1.9840-1.9880 and take profit near 1.9590.
the pair is very oversold, but needs to overcome 1.2650 area. The indicaters are all still negative territory, except very low RSI as a note. Strategy BUY @ 1.2610-1.2635 and take profit near 1.2765 for now.
The pair has moved a little lower, but is held up by the cross selling of GBPAUD, i.e. AUDCAD moved strongly higher due to ecenomic data release from Australia, which were positive outcomes. For now, the strategy remains in SELL mode due to stochastic, SMI and MACD etc suggesting lower levels, and we are still overbought (reduced). Strategy SELL @...
The pair did not manage to hold above 0.9060 as I initially believed it would. Now we are solid below that, and there is ample room towards 0.8913. The pair is not oversold as yet and negative stochastic, MACD etc does not bode well short-term. The tonight's decision BOC may provide strength to the CAD, it feels. Strategy SELL @ 0.9015-25 area and take profit...
The pair is way overbought, and the real correction will likely be tonight after BOC decision. we could have a rate cut, as expected, or maybe not, and statements by them, may create CAD correction. Strategy SELL @ 1.8070-1.8110 range and take profit near 1.7878 (or first stop at 1.7965).
The pair had an impressive rally from few days ago from 1.9760 area, and it looked as if we may have stopped around 1.9950. However, we broke through GANN resistance of the same, and spiked thereafter, and even so early awhile ago. From technical perspective and STRONG GOLD price, the cross is way overdone, and even though we moved higher, it still means a...
This pair is very oversold short-term, and there should be some reasonable recovery in coming sessions. The RSI extremely low, and GANN support 11.3400 and -11.2800. Strategy BUY current 11.3400 area and take profit near 11.5000 for now.