peterbokma

peterbokma

The USDX index is clearly overbought, and secondly we have a negative divergence (see arrows) on our hand. this suggest highly, and also comparing 2016 US elections before and after inauguration, the bias likely will be weaker US dollar. this seems reflected in all currency pairs. The USDX can move towards 105.00 area is my humble opinion in time. strategy...

peterbokma

The USDZAR as well USDX (and USDCAD not shown) all have something in common. they are over extended (ZAR lesser), but the picture paints a thousand words (famous song). The overall direction feels we see lower USD, and even though on a day to day basis one observes tug of wars, the direction is likely lower for USD. Strategy SELL USDZAR between 18.7500-18.8750...

peterbokma

The pair is slightly on the BUY side short-term, and the pressure is upwards at the moment. we are approaching overbought state, hence I feel we should start a short on it. Strategy SELL @ 9935-99.55 area and take profit near 98.75 for now.

peterbokma

The pair is under pressure, and think it is only the beginning of it. We have ample room to lows 1.4000s as far as the potential of it short-term. we are overbought, and political changes, and OIL all contribute to CAD strength I feel. Strategy SELL @ 1.4300-1.4350 and take profit near 1.4175 at first.

peterbokma

The pair is very overbought on all longer term charts, i.e. 12-hour up to the weekly. There is a good chance for large scale correction, and I feel that we may correct towards 1.4050 over time. Strategy SELL @ 1.4390-1.4430 range and take profit initially @ 1.4257 for now.

peterbokma

Just to highlight, the two charts shows there is a (inverse) relationship. the USD is in fact very overbought Daily chart and therefore, the strategy to focus on NZDUSD is good for good reasons. the AUDNZD cross is overbought, i.e., the NZD suffered the most on the decline. It;s reflected in all NZD crosses. so most pairs, SELL USD and I prefer NZDUSD BUY for...

peterbokma

the pair is very oversold, and the USDX same story even on longer time frames. This suggest we should see SELLING of USD on most pairs. Strategy BUY @ 1.2380-1.2420 and take profit @1.2505-1.2525 range.

peterbokma

We are overbought for the pair and we moved little lower. There is also a "M-top" (easier to see on 3-hourly) and neckline about 18.7250 and coincides with GANN support too. Overall I feel we see 18.4350 in the week(s) to come, or sooner I guess., is my personal opinion only. Strategy SELL @ 18.6950-18.7550 and take profit near 18.5350.

peterbokma

The pair has been moving lower for a very prolonged time, and it feels we may have ended that cycle. We should have a solid recovery / correction in the near term is my personal view. Strategy BUY current 0.5600-0.5630 and take profit near 0.5797 for now.

peterbokma

The pair has seen again lofty heights, but usually, when we spike above the regression channel, the pair must return over time to the mid-range at least. In combo with an overbought state, I feel we may see 2.1850 area in some weeks to come. Strategy SELL @ 2.2300-2.2375 range and take profit at 2.1875 for now.

peterbokma

The pair also is very overextended, high RSI and also stochastic shows tendency to move lower again. The channel also shows we should be seeing a move back towards 18.5350. Strategy SELL @ 18.7800-18.9000 and take profit near 18.5575.

peterbokma

The pair is very overextended, in terms of RSI reading, even though we are in still a slightly upwards short-term move, and soon exhaustion is my viewpoint. The regression channel is useful as it intends to show severe outbreaks, and we have broken out and it requires a solid correction back to 2.1900 near-term. Strategy SELL 2.2325 - 2.2425 range and take...

peterbokma

The pair is overbought still and moving between the wide range of 2.2400 and 2.2100. Over all, it is top building, and the channel shows clearly we have a chance to see 2.1750 again Strategy SELL @ 2.2280 - 2.2350 and take profit near 2.1875 for now.

peterbokma

It's crypto negative period I feel. We have attempted (rather the whales attempted) to remain above the $ 100k mark, but failed as it is very overbought, and still is. we require a good correction before we will come at a rest point. For now I see low $ 80k 's as a possibility. Strategy SELL $ 95-100 K area and take profit at $ 81.5 k for now.

peterbokma

The pair has moved aggressively upwards due to thin holiday trading period, and we reached near 18.8700 area before moving down to 18.6150 and upwards again near 18.7900. The pair is over extended, and I suspect we will see 18.45-18.5250 again near term. Strategy SELL @ 18.6750-18.7350 and take profit near 18.5250 for now.

peterbokma

The pair has been ranging between 1.8465 and 1.8380 area. Overall picture is negative and we should see a test of 1.8300 support coming sessions. The good think about this pair, we can clearly observe an extreme oversold NZDUSD and EURUSD seems subdued, but has some chance to move higher aswell. NZDUSD will outperform that move and that is why this cross has a...

peterbokma

The pair tried higher once again and failed. The regression channel shows potential to a medium-term return back to 1.9375 area. This will not be a one way move, but overtime this is the potential I feel. Strategy SELL @ 2.0080-2.0130 and take profit near 1.9675 at first.

peterbokma

The share moved impressively again North of the horizon. This is a bull trap, since nothing has changed. The share is overbought and in fact very extreme. Further, GANN angle does not support the climb and we should eventually see $ 385.00 area before consolidation. Strategy SELL @ $ 435-465 for a move to $ 393.50 profit area.