Community Blog
GBP/CHF
HOLA BUENAS, HOY VAMOS A ANALIZAR EL PAR GBP/CHF, AYER INTENTE UNA VENTA EN 1,3250 PERO CERRE POR QUE NO ERA UN NIVEL SIGNIFICATIVO ( PARECE QUE ME EQUIVOQUE.. ) . EN EL DIA DE HOY ESPERAMOS UN RETROCESO DE ESTE PAR PARA BUSCAR UN LARGO, HAY DOS ZONAS COMO PODEMOS VER EN LA GRAFICA DIARIA. LA PRIMERA ZONA SERIA POR 1.3220-1.3200 COMO PODEMOS VER EN LA GRAFICA, ESTA ZONA ES DE LAS DOS LA QUE PARECE QUE ME DA MAS CONFIANZA Y LA SEGUNDA ZONA 1.3180-1.3160 DONDE TAMBIEN VEMOS ALGO DE ACCION EN ESA Z…
GBP/USD
HOLA BUENOS DIAS, HOY VAMOS A ANALIZAR EL PAR GBP/USD. ESTAMOS ESPERANDO CORTO POR LA ZONA 1,4050-1.4080. EL PAR VIENE CASI DE SOPORTE IMPORTANTE PARA MI (1.3680-1.3620 ) POR ESO PIENSO QUE ESTE AUN NO ES LARGO CORRECTO PARA AL MENOS HACER UN DOBLE TECHO. COMO PODEMOS VER EN LA GRAFICA TAMBIEN EXISTE UNA LINEA DE TENDENCIA RESPETADA QUE SI COINCIDIERA CON EL SOPORTE MENDIONADO ANTERIORMENTE NOS DARIA AUN MAS CONFIRMACION PARA UN LARGO. LA SEGUNDA ZONA ES LA ZONA DE 1.3480-13450, SI LA PRIMERA ZO…
Sterling Still Benefiting from Dollar Weakness
The pound is up again, it rebounded sharply yesterday and this morning it’s just below 1.40 level to the dollar. Honestly, this is the biggest mystery I don’t understand. With all the bad data that came in recently it should be on its knees but instead it’s ready to jump time after time for no reason. It also looks like the markets has become completely immune to any bad news regarding Brexit. I actually sold the pound against euro this morning to just give it one more try to make some money off…
1/12/2017 market overview
hello everyone ,,,
today we saw a great reverse in most pair for pound ,, for example ,, pound yen hit 152.45 level and start to decline till 150.57 level its about 190 pip the up trend which start from 146.90 level hit the maximum at 152.45 about 550 pip in just last three days for November and in the first day in December its go to make a big correction till 150.57 ,, i think the trend is okay now and its become up trend ,, and i think it will continue up to 159 level for while ,, i will keep …
today we saw a great reverse in most pair for pound ,, for example ,, pound yen hit 152.45 level and start to decline till 150.57 level its about 190 pip the up trend which start from 146.90 level hit the maximum at 152.45 about 550 pip in just last three days for November and in the first day in December its go to make a big correction till 150.57 ,, i think the trend is okay now and its become up trend ,, and i think it will continue up to 159 level for while ,, i will keep …
EUR/GBP Returns to the Mean
The EUR/GBP is slowly returning to the mean. In August the pair dropped from a high of 0.9261 to close the month off at 0.8815. After the large gains during the past few months the pair is finally losing some ground.
But as can see on our next chart, the long-term trend on the weekly chart is still very bullish. These two conflicting trends as well as the congestion area the pair is in right now (see rectangle on chart one) should keep prices in range. Thus I'm betting on more range for the EUR/…
But as can see on our next chart, the long-term trend on the weekly chart is still very bullish. These two conflicting trends as well as the congestion area the pair is in right now (see rectangle on chart one) should keep prices in range. Thus I'm betting on more range for the EUR/…
EUR/GBP to Calm Down
The EUR/GBP continues its strong rally. In August the pair advanced by another near 200 pips move and is currently resting above the 0.9000 round figure.
But as you can see on the chart above, indicators are already flashing red. The weekly Stochastic Oscillator is printing values over 90, indicating a very overbought market. On our next chart below we see a similar situation on the monthly chart.
Here too the (5,3,3) Stochastic is printing values over 90. I also added 3 lines to indicate what h…
But as you can see on the chart above, indicators are already flashing red. The weekly Stochastic Oscillator is printing values over 90, indicating a very overbought market. On our next chart below we see a similar situation on the monthly chart.
Here too the (5,3,3) Stochastic is printing values over 90. I also added 3 lines to indicate what h…
EUR/GBP Overbought on Larger Timeframes
The EUR/GBP is overbought on the larger timeframes. The pair had a +600 pips rally since April of this year and +2,000 pips rally since the lows hit in 2015.
For a mostly range-bound pair this is too much. Technical indicators seem to confirm this view. The Stochastic Oscillator on the weekly hart is showing a value over 80, indicating overbought market sentiment.
Our final chart below shows that things aren't looking rosy for the bulls on the shorter-term charts either. Here we see the EUR/GBP …
For a mostly range-bound pair this is too much. Technical indicators seem to confirm this view. The Stochastic Oscillator on the weekly hart is showing a value over 80, indicating overbought market sentiment.
Our final chart below shows that things aren't looking rosy for the bulls on the shorter-term charts either. Here we see the EUR/GBP …
Blog 8/6: BUY GBP/CAD
Hi Traders,
The daily chart of GBP/CAD shows price just break to upsdie. I expect that momentum may continue and GBP will be stronger after UK Parliamentary Elections today. On technical view shows that price already back to trend up.
Good luck
The daily chart of GBP/CAD shows price just break to upsdie. I expect that momentum may continue and GBP will be stronger after UK Parliamentary Elections today. On technical view shows that price already back to trend up.
Good luck
Blog 1/6: Buy GBP/USD at the begining of this month
Hi Traders,
The daily chart of GBPUSD shows that price has twice rejected at 1.278 level. In my view: that's a buy signal for going up 1.3 again but path to go up could be face to bear strength at some resistance level.
Good luck to all traders this month
The daily chart of GBPUSD shows that price has twice rejected at 1.278 level. In my view: that's a buy signal for going up 1.3 again but path to go up could be face to bear strength at some resistance level.
Good luck to all traders this month
Blog 30/5: Nice trade of this week SHORT GBP/AUD
Hi Traders,
The weekly chart of GBP/AUD shows bearish direction. I decided to sell this pair. The next question is to choose entry and exit point. The H1 chart shows 1.726x could be good entry point, lets see the chart below:
The weekly chart of GBP/AUD shows bearish direction. I decided to sell this pair. The next question is to choose entry and exit point. The H1 chart shows 1.726x could be good entry point, lets see the chart below: