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18122017

Hello, friends and fellow community members,
My USDNOK long trade got stopped out. I have shorted USDZAR but at a very low price. If I had kept my short in USDZAR over the weekend then I could have been in top 10 by now. But maybe God is not willing to give it to me so easily. So I fight for it.
Happy trading to all.
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XAGUSD MAY FALL TO 15.30 LEVELS

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, rectangle.
XAGUSD Weekly Chart
  • The MACD on the weekly chart is in the negative zone.
  • The RSI is neutral.
From the weekly chart, it looks like the rising trendline may break anytime soon. If it breaks then it may find the support at the channel support line or the horizontal support as shown in the image attached.
XAGUSD Daily Chart
[list][/list]…
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killer195175 avatar

UPDATE-1
The pair has ended the week at 15.81. The next stop is at 15.20 which may come anytime soon. But I expect the pair to take some rest before reaching 15.20. The indicators are aligned for the move lower.

killer195175 avatar

UPDATE-2
The pair has ended the week at 15.81. At the time of writing this post, the pair is at 15.783. It is very near to our target of 15.30 by 2nd January 2018. I expect the pair to hit 15.186 and then take support there. The breaking of the rising trendline generally results in such kind of falls.

killer195175 avatar

UPDATE-3
The pair has done very well so far. The indicators look very promising. Last three days there has been a pullback. Now the price should reverse to the downside again and achieve the target of 15.20 by next week and settle month near 15.30.

killer195175 avatar

UPDATE-4
The pair has recovered from the lows last week and has closed this week at 16.34. The pair is not going to fall in coming days it seems. As not much market participants will be active next week so I am expecting price to hover around the 16 levels till 2nd January.

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XAUUSD MAY FALL AFTER DOLLAR RISE

Technical Tools
Resistance and support lines, Trendlines, Price action, Candlestick Pattern, MACD, RSI, rectangle.
XAUUSD Weekly Chart
  • The MACD on the weekly chart is in the positive zone but falling down.
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killer195175 avatar

UPDATE-2
The pair has closed the last week at 1280 level. The pair has broken the rising trendline on the 4-hour chart. Now the down move may begin anytime soon.

killer195175 avatar

UPDATE-3
The pair has ended the week at 1248.37. Which is well above our target price of 1230. The pair has broken the rising trendline and closed the day below it. Now the next stop is at 1233 and 1202.

killer195175 avatar

UPDATE-4
The pair has ended the week at 1248.37. At the time of writing this comment, the pair is trading at 1243.68. The break of rising trendline has made the pair to fall very fast. Next support may be found at 1204 levels.

killer195175 avatar

UPDATE-5
The pair has fallen below the 1265 level which was a good support. Now, this level will act as good resistance and push the price till 1204 level. I expect gold to settle at 1230 levels on 1st January 2018.

killer195175 avatar

UPDATE-6
A fall in US Dollar value resulted in rise of XAUUSD and it closed the week at 1274.75. Our target for January is 1230 level. Now it seems very far and not achievable as the MACD and RSI are hinting a bullish move. For our targets to be achieved the pair should get rejected at the falling trendline next week.

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USD/CHF to continue to drift lower

Technical Tools
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
Swissie broke below the trendline drawn off of 2011, 2014, 2015 and 2016 lows (spikes excluded) in May. The pair broke below 200 week SMA and posted…
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al_dcdemo avatar

UPDATE 6: The week was to some extent a reversal of last week's risk-off moves. Canadian and Australian dollars were beneficiaries with yen and franc recording just marginal losses. It was not a good week for European currencies. Pound was the loser of the week while euro remains to be buoyed by dip buyers. Next week will be a quiet one data-wise. All eyes will be on Jackson Hole Symposium at the end of the week, which will feature speeches by Yellen and Draghi. Rumours go that the ECB president will avoid talking monetary policy. That should increase volatility if he does say something.

al_dcdemo avatar

UPDATE 7: Price action has been pretty sedate so far this week with most major currencies sitting near the middle of their weekly ranges. Euro and Canadian dollar are the only two that are marginally better than the U.S. dollar. There has been a little bit more action in the New Zealand dollar but selling stalled ahead of the strong support at 0.72. Tomorrow could prove to be the most lively day of the week with German Ifo Business Climate, U.S. (Core) Durable Goods Orders and Day 2 of the Jackson Hole Symposium which will bring Fed Chair Yellen and ECB President Draghi speeches.

al_dcdemo avatar

UPDATE 8: Speeches by Yellen and Draghi at Jackson Hole Symposium largely met expectations. Yellen didn't even talk about monetary policy while Draghi avoided giving any new information on what ECB may do in autumn. Lack of hawkish clues from Yellen were enough to send the U.S. dollar lower across the board and then later some upbeat comments from Draghi (even though he warned about inflation not yet being self-sustained) propelled the euro to a new two-year high. Yen, pound and Australian dollar were flat on the week while New Zealand dollar was the laggard.

al_dcdemo avatar

UPDATE 9: U.S. dollar index broke to the lowest level since 2015 on Monday before staging a sharp pullback. That coincided with euro breaking above 1.20 and 2012 low (1.2040) and franc below 0.95. Yen was once again contained by the strong support at 108. Kiwi is out of favour ahead of N.Z. general election. Canadian dollar sold off hard yesterday but already recouped all losses and some after strong Q2 GDP figures. Australian dollar has been the least volatile of the bunch but with some impressive reversals. NFP report tomorrow will be a nice finale to this exciting week.

al_dcdemo avatar

UPDATE 10: U.S. labour market report for August fell short of expectations on most metrics. August is historically weak with regard to NFP figure but Wednesday's strong ADP figure gave U.S. dollar bulls some hope that this time was different. It wasn't and the immediate reaction was to sell the dollar. The report itself was not great but was solid enough and subsequent price action seemed to agree. The dollar ended the week higher against euro, franc, yen and New Zealand dollar, and lower against pound, Canadian dollar and Australian dollar.

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USD/JPY to Head Toward 111.00

I expect the USD/JPY to retrace a significant portion of its gains. The rally in the pair is reaching unsustainable levels. We’re now up by over 1,500 pips from the November lows. But as can be seen on the chart below, things could be changing. The trendline underpinning this move on the daily charts has been broken.
Our second chart below shows the situation on the lower timeframe charts. Here we see that the momentum has turned to the downside. We have a consensus between these two timeframes…
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EURGBP TARGET ON 2 JAN 17

Technical Tools Used
Support and resistance (S/R), Price levels, Trend lines. Price action, candlesticks, shapes like ellipse.
Weekly Chart
As it is very clear from the chart above that the pair is in a symmetrical triangle and the Euro region showing signs of weakness and I expect the trend line being kissed by the pair to be broken soon and the pair may even break the horizontal support shown in the chart and take support on the rising trend line. In this case the price will reach and stuck i…
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Elens94 avatar
Elens94 1 Dez

Good work

killer195175 avatar

the pair has broken the trendline as expected and after break it has touched and bounced off the horizontal line. I expect the pair to break horizontal line too in coming days. But holiday in the coming weeks can slow down the momentum. In that case also we will see Pair near our target of .8290. Image is attached for reference.

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GBP/USD

SHORT GBP/USD
EN MI POST ANTERIOR, LA PRIMERA ZONA DE VENTA ERA ALREDEDOR DE 1,2900-1,2920. TRAS LA CAIDA DESDE ESA ZONA HOY PODEMOS PROBAR A VENDER LA LIBRA EN DOS ZONAS, LA PRIMERA MUY AGRESIVA EN 1,2815 Y LA SEGUNDA ZONA MAS CONSERVADORA Y DONDE HABRA MAS COMPRADORES EN 1,2840-60, EL TP ES UNA ZONA DESCONOCIDA PUESTO QUE EN MIS GRAFICAS ES EL MINIMO HISTORICO DESDE QUE LA LIBRA ESTA EN LA UE
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12 of Sep : AUDUSD falling down bearish

good morning duka trraders
more and more down on AUD USD 5M
as we see the price is falling the wedge and break down
so we predict more bearish, we still need wait the retracement to make our sell position and get a nice entry in the trade
have good luck for all trades
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26 April GBPNZD Break Down (Intraday)

Good Morning Duka traders>
the price level now test the the support line and as we see it s the break down on the 5M chart
and we need to waiting more the confirmation it s mean the the next candle to be closed under this level price(the support)
have a great luck and greeting from cairo
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20 April GBPUSD Bearish Intraday

Good morning dukatraders
here we are ,, new signal on GBPUSD according to 5M chart time frame
we see break down + ichimoku signal in bearish
greeting from cairo
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