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EUR AUD FOR 1st of june

eur aud reached a great resistance zone @1.5857 the price may respect it or broe it
so the next week we will know
Technical analysis eur aud
the pair is moving in down trend since the start of mar 2018 and broke many resistance
but currently the pair is facing a strong resistance zone @ 1.58570
in addition to strong trend on daily chart .. the pair may broke it
General outlook for the pair:
The pair moved in the last weeks between 1.6000 and 1.5900
Pair recent direction : down
Expected rate of t…
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CAD CHF for 2 nd of april

cad chf in his way to visit 0.7300 price levels
Technical analysis CAD chf
there is a great resistance at the price of 0.7300 on the weekly chart
that the price may touch it then go up
so i think the pair will continue in going down first to visit0.7300 then go up to reach 0.7466
General outlook for the pair:
The pair moved in the last weeks between 0.7500 and 0.7400
The pair is expected to move in the next month between the same levels
Pair recent direction : down
Expected rate of the pair 2nd …
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CAD /JPY for the 1st of march

CAD JPY in his way to visit 87.330 price levels after breaking a strong trend
Technical analysis cad/jpy
there is a great supply area at the price 87.330 which may made the pair to move up
the pair is moving in down trend since the start of new year 2018
so i think the pair will continue in going down first then touch the supply (87.330) and then go up to touch the broken trend and then continue in going down
General outlook for the pair:
The pair moved in the last weeks between 90 and 88
The pa…
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CAD/CHF for 1st of march

CAD/CHF in his way to visit 0.75583 price levels then go up
Technical analysis cad/chf
there is a greatsupply area at the price 0.75583 and 076443
the pair is moving in down trend since the start of new year 2018
so i think the pair will continue in going down first then touch the supply are (76443&75583) and then start his journey to 0.7900 levels
General outlook for the pair:
The pair moved in the last weeks between 0.7900 and 0.7705
The pair is expected to move in the next month between 0.770…
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mydream avatar
mydream 27 Jan.

hit the target successfully

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Completely automated system!!!1) Auto rebuilds support & Resistance levels.
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Aussie to consolidate around 0.75 in July

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
Aussie has been trying to crack the strong supply zone between 0.77 and 0.785 for more than a year. A series of lower highs is noted as the pair onl…
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al_dcdemo avatar
al_dcdemo 23 July

UPDATE 7: U.S. dollar ended another week of underperformance, falling against all major currencies bar the British pound. Euro confirmed break above 1.1450 to trade to the highest since mid 2015. Mirroring its cousin, Swiss franc closed the week below 0.95. Yen was bought down to 111. Canadian dollar extended its rally to approach 1.25. Australian dollar broke above 38.2% retracement of the 2014 - 2016 downswing. New Zealand dollar closed the week near 0.7450, just below the 50.0% retracement of the 2014 - 2015 decline. Momentum suggests further losses for the dollar in the week ahead.

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al_dcdemo 24 July

UPDATE 8: A mixed start to the week saw yen, pound, Canadian dollar and Australian dollar extend gains while euro, franc and New Zealand dollar are lagging. Data-wise, it's a quiet one until Wednesday when Australia publishes inflation data, U.K. releases preliminary GDP and FOMC concludes its meeting. U.S. reports durable goods orders on Thursday and GDP on Friday. Unless FOMC pulls a surprise, neither of these events has the potential change the current macroeconomic landscape. U.S. politics seems a more likely source from where some kind of a twist may come.

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al_dcdemo 27 July

UPDATE 9: Yesterday's reaction to the latest FOMC statement was quite strong for a meeting without press conference. The statement didn't uncover anything new but clearly the market was expecting something more hawkish. The committee indicated that it will begin with balance sheet adjustment "relatively soon". The language on inflation, however, has deteriorated a bit and that was probably the main reason the market sold the dollar. While balance sheet adjustment is now virtually a done deal, we may see further hikes in federal funds rate only if inflation picks up.

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al_dcdemo 31 July

UPDATE 10: Last week was an interesting one. Major currencies traded to fresh highs against the U.S. dollar. The single exception was Swiss franc which sold off strongly against all those currencies, including the dollar. Two cent and a half surge from sub 0.95 to above 0.97 might well have had SNB backing. There's nothing on the calendar for the week ahead that has the potential to reverse the current U.S. dollar weakness. Perhaps a concerted dovish effort from RBA and BOE could put a dent into this trend but most likely not for too long.

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UPDATE 11: In line with expectations, RBA once again held cash rate on the record low of 1.5%. The statement from governor Lowe was longer than usual, though the message didn't differ much from the previous one. There was a whole new paragraph dedicated to Australian dollar and how its strength would not benefit the economy. The pair dropped about 20 pips instantly and then squeezed higher but wasn't able to overcome overnight high. Sellers stepped back in and the pair is currently trading just below 0.80. The big figure could serve as a decent bull/bear line in sand.

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AUDCad in 3 Juli

Weekly Chart:
На недельном графике валютной пары индикаторы Macd и Стохастик поддерживают вариант на понижение валютной пары.
Daily Chart:
На дневном графике валютной пары полная поддержка недельному и вариант на понижение уже подтвержден. Отмечаю условно линии возможных остановок и как направление на уровень 0,9865.
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salamandra avatar
salamandra 25 June

1,0035 цена в направлении прогноза. Ожидания сохраняются.

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Aussie to move above 0.75 in June

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
Aussie has been trying to crack the strong supply zone between 0.77 and 0.785 for more than a year. A series of lower highs is noted as the pair onl…
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al_dcdemo avatar
al_dcdemo 15 June

UPDATE 7: The FOMC was unexpectedly hawkish yesterday. They hiked federal funds rate by 25 basis points, as anticipated, and outlined strategy for reducing their balance sheet. FOMC chair Yellen told reporters that the balance sheet adjustment could begin "relatively soon". Just a couple of hours before the FOMC decision, both inflation and retail sales reports came in weak and markets sold U.S. dollar on speculation that the FOMC will postpone hiking until data improves. The dollar recovered and followed through today.

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al_dcdemo 24 June

UPDATE 8: Currency markets were relatively sedate this week. Major pairs traded in 100-pip ranges with exception of Cable whose range exceeded 200 pips. With no big events on the agenda until September, it's possible that we'll be seeing somewhat slower activity throughout the summer. That said, there's always opportunity in at least some pairs and timeframes, and we must always expect the unexpected. Central bank speakers will continue to dominate in the week ahead and markets will be positioning for their next moves in the coming weeks.

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al_dcdemo 27 June

UPDATE 9: It's a quiet week with regard to Australian economic data. Chinese Manufacturing PMI and Non-Manufacturing PMI on Friday will probably confirm lacklustre activity in the world's second largest economy. That may keep upticks in the pair contained. The pair has been carving out a triangle-like pattern for more than two years. 0.75 has served as a mid-point and an axis around which volatility is compressing. Whatever direction the pattern will resolve to, it could make for a nice breakout trade in the second half of the year.

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UPDATE 10: There was some Australian economic data released overnight. AIG Manufacturing Index, MI Inflation Gauge and ANZ Job Advertisements came in better than expected/previous while Building Approvals lagged. Caixin Manufacturing PMI from China ticked back to into expansion. All this failed to lift the tone in the Aussie which appears to have entered a correction phase after six consecutive days of gains during which it traded to 2016 - 2017 trendline near 0.7725. June high at 0.7635 may prove to be the first stronger support ahead of 0.76.

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UPDATE 11: The RBA once again left cash rate unchanged at the record low of 1.5%. Accompanying statement was not as upbeat as the previous one. The bank highlighted quite a few concerns, including subdued consumption growth stemming from slow growth in real wages and high levels of household debt. Aussie was immediately marked down about 50 pips and further 40 pips in the following hours. There appears to be little chart based support until 0.75 - 0.7550. In the event of a pullback, 0.7625 - 0.7650 looks like a good sell zone.

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Aussie to see some further downside in May

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
Aussie has been trying to crack the strong supply zone between 0.77 and 0.785 for more than a year. A series of lower highs is noted as the pair onl…
Read full story
Translate to English Show original
al_dcdemo avatar

UPDATE 5: Widely expected result of the French presidental election spurred a pullback in euro and franc and, to a lesser extent, yen. U.S. dollar indisputably won the week, rising against all G10 currencies. Weaker than expected inflation and retail sales reports on Friday led to some profit taking but June rate hike expectations hardly budged. Some further reaction to the reports is possible in the days ahead. Following a neutral BOE QIR, U.K. data will be closely watched next week. Australian labour force report and Canadian inflation and retail sales are also at the top of the list.

al_dcdemo avatar

UPDATE 6: In what was its worst week of the year, U.S. dollar lost ground against every G10 currency. Already soft start to the week after last Friday's inflation and retail sales reports was exacerbated by the political drama in the U.S. that has further shaken traders' confidence that the Administration will be able to deliver on its stimulus promises in due time. The biggest winners were euro and franc with Canadian dollar and pound not far behind. U.S. dollar index fell to the levels not seen since the U.S. election and closed the week near the low.

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UPDATE 7: As expected, FOMC meeting minutes didn't reveal anything particularly new. Weak Q1 GDP was dismissed in favour of strong employment growth. There was some caution regarding inflation by some members but was not a baseline view. The committee also discussed balance sheet reduction which could be seen as a hawkish development. Minutes are basically data two weeks old and the market responded with U.S. dollar selling. It is Fed speakers and how they will shape expectations for a June hike that the market is focused on.

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UPDATE 8: Last week was a relief for the dollar as it managed to rise, albeit marginally, against euro, franc, yen, and Australian dollar. Pound sold off after election polls showed PM May lost some support. Canadian dollar capitalized on oil strength, even though OPEC didn't go out on a limb this time around. New Zealand dollar continued its snap-back after bottoming near 0.685. European flash CPI and U.S. NFP report will be two events that the market will closely watch this week. Both have the potential to shape upcoming ECB and Fed decisions.

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UPDATE 9: Commodity currencies are back in favour after some hard time at the start of May. Loonie and Kiwi both pulled from their cycle-lows while Aussie was bought up ahead of the trendline that connects January and December 2016 lows. Much depends on the Fed and their tightening pace as BOC, RBA and RBNZ are likely to delay their hikes for as much as possible. Each of the three pairs is trading in a well established consolidaton pattern and it will take either a broad fundamental catalyst or some idiosyncratic risk to break that.

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