Dukascopy Smart People Community

Predicting CAD/JPY

VAIBS1991 Posted 14 Nov. as Analysis on CAD/JPY, Target: 83.5, Date: 2^nd of January, 12:00 GMT in #Technical analysis #Price Action #200 Sma #CAD/JPY #Fibonacci Retracement

In the pair of CAD/JPY there are not many reasons for CAD to appreciate but still CAD/JPY may rise as JPY has been depreciating against most currencies in wake of increasing Fed rate hike bets. Moreover if the OPEC members agree for Crude Oil production cap deal it will be a boost to the CAD/JPY.
On the weekly charts CAD/JPY has been in the down trend since December 2014. As of now there is not much clarity on trend on longer time frame but I am expecting the current bullish headwinds for the CA…

Read full story

Translate to English Show original

Predicting HKG.IDX

VAIBS1991 Posted 30 Oct. as Analysis on HKG.IDX/HKD, Target: 22200, Date: 1^st of December, 12:00 GMT in #Technical analysis #Price Action #Sma #Hkg IDX/HKD #Fibo Retracement

There has been a rally of more than 30% in HKG.IDX from February 2016 lows. After touching the high of 24400 in September 2016 HKG.IDX has been trading sideways with a recent break on the down side.
I am expecting the HKG.IDX to hold on to the gains made this year with a correction of may be 3-4 % more. So my price target is 22200 for 1st December 2016.

Read full story

Translate to English Show original

Gold: Waiting for the Fed's Trigger.

VAIBS1991 Posted 28 Oct. as Analysis on XAU/USD, Target: 1 210.0, Date: 1^st of December, 12:00 GMT in #Technical analysis #Price Action #XAU/USD #Fibonacci Retracement #Horizontal Support

Gold has been trending down since highs of September 2011 at $1920/oz. It's pullback from the December 2015 lows had taken XAU to $1375/oz which is also it's Fibonacci retracement of 38.2% on monthly charts.Early 2016 risk off sentiments and latter on Brexit helped price push higher.
Now there is a strong likelihood of Federal Reserve raising Fed's fund rates in December meeting which may cause a downward pressure on golds prices. A strong inverse relationship between the policy path implied in …

Read full story

Translate to English Show original

Trade with Swiss Bank

Community

Mobile apps

Related resources

Dukascopy Connect 911

LIVE CONTESTS

Automated trading

SWFX TRADER

Miss Dukascopy

Miss Dukascopy

Code of Conduct

Have a question?

Contact Us

Dukascopy Connect 911

VAIBS1991's Blog

Predicting CAD/JPY

Predicting HKG.IDX

Gold: Waiting for the Fed's Trigger.