Durden's Blog

Avatar

Trendless Aussie Area

Indicators: RSI, Volatility, Volume, HMM
Key price levels : 0.76303 - 0.7912 - 0.8108

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

Aussie is moving in a downtrend dynamics . The chart analysis bearish trend can be supported by the Hidden Markov Models Analysis, the RSI momentum indicator, the China fundamentals analysis and the Standard Deviation analysis.

Daily Vision

The D1 scale indicates that Aussie is in a trendless channel. The channel with the…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
Durden avatar
Durden 5 June

The NFP release at 280 K give opportunity to theUSD bullish side to conquer part of the market sentiment. Obviously the momentum indicator, the chart analysis in H1 and the rate decision can give support to the USD bullish theory. Regarding OPEC and the meeting to be held  in Vienna seems very likely that it could not change the amount of barrels produced, so it is possible to have no great correlations withthe oil price. 

Durden avatar
Durden 14 June

Retail sales at 1 % and PPI at 0.5 % give not so much interest in the Buying side of the market. The saturation of the USD buy market can be partially justified with the possibility of a interest rate decision. The appartently standard USD bearish retracement can be considered in ciew of a psychological USD approach. The USD bullish trend can have just a consilidation area

Durden avatar
Durden 1 July

The Aussie is in a bullish channel as indicated in fig. The possible objective could be indicated at 0.7732 but it should be considered the possibility of a Greek release or social psychology that could also include the possibility of a great offert side trend. 

oderum Kommentare zu hinterlassen
Avatar

Bearish - Trendless Area

Indicators: RSI, Volatility, Volume, HMM
Key price levels : 0.76293 - 0.77989 - 0.79297

Weekly Charts pattern : resistance line , W1 Chart.

Weekly Vision

CAD/CHF is moving in a downtrend dynamics . The chart analysis bearish trend can be supported by the Hidden Markov Models Analysis, the RSI momentum indicator.

Daily Vision

The D1 scale indicates that CAD/CHF is in a trendless channel. The channel with the trendlines at 0.79297 and 0.76293 can lead to a possible retracement and a trendles…
Die komplette Geschichte lesen
Übersetzen in Englische Sprache Zeige Original
Durden avatar
Durden 27 June

In case of a greek  agreement found, as mentioned,  it is possible to see  a recovery of the euro and the euro correlted pair like CHF and GBP against the dollar. With no agreement, the scenario could be completely different, with the yen and the dollar to serve as potential bullish support.  Probably it is opportune to be outside this war and shift eventually the opportunity of profitable trading

Durden avatar
Durden 29 June

The greek government, which failed to reach an agreement with creditors, it is possible that it is trying to get the support of the population with a referendum , in the likely event that Greece  exit the eurozone. It is possible that  CHF can have a bearish retracement dynamics.

oderum Kommentare zu hinterlassen