Блог lilov27
Non Farm Payrolls 12/2/2016
Today is the Non Farm Payrolls event and as you know it will reflect really strong on the market. The expectations for this month are the event to be positive for the USD, so I personally will go in Long positions for the USD. The safest asset of course is GOLD, but I am trading in the Trader Contest and will open positions only on currency market. Prefer to open trade on USDJPY, there was Divergence yesterday which was a beautiful correction of the movement before that. Good luck with the event…
EURUSD Convergence
After the presidential elections in USA and the high volatility on the most assets I saw a convergence on EURUSD. My predictions are after the correction on the EURUSD, the dollar to go up. Check the chart :
EURJPY Fibonacci
If you want to skip the trades on USD because of the presidential elections in USA, you can trade on the other assets. I am using the Fibonacci retracement on the EURJPY, the correction is in the area between 38.2 and 50 level. So the expectations are to go up to the -61.8 level.
Fundamental
Tomorrow is one of the biggest events this month - the presidential elections in USA. As you can imagine it will reflect really strong on the market - on USD, Gold, Crude Oil, S&P 500, Dow Jones... I am not sure what will be the movement, because both of the contenders are not loved from most of the people. But if Mr. Donald Trump win the USD will go down for sure. Be very careful with trades tomorrow, I will trade the event on the USD/JPY. Good luck and successful trades!
EURUSD Divergence H4
As you can see on the chart there is a divergence on H4, so my expectation is bearish Monday for the EUR. But do not forget the Elections on Tuesdat, it will reflect really strong on the market.
Fundamental Analysis 3.11.2016
I decided this post to be for the Fundamental analysis, because today and tomorrow we have more than 3-4 events for trading. The first one is the Interest Rate Decision in Great Britain, the expectations are the rate to be the same 0.25%. There are 2-3 more events linked with BoE decisions today, like Asset Purchase Facility, MPC Vote (Hike/cut/unchanged).
Later the BoE's Governor - Carney has a speech, so be careful with the GBP today. Also today we have the pre-event's information about NFP wh…
Later the BoE's Governor - Carney has a speech, so be careful with the GBP today. Also today we have the pre-event's information about NFP wh…
USDCAD H4 Divergence
You can see the DIvergence on H4 chart, also I see a perfect correction of the Bullish movement before that. My expectations are the price to stop on level 50 or 61.8, so this will be a movement around 180-200 pips and after that go to really strong UP. Good luck!
AUDUSD Gartley Butterfly
There is a "Gartley Bullish Butterfly", also the weekly trand is bullish. So my prediction is the AUD to go up or with other words the butterfly fly UP, but be careful there is an Interest Rate Decision later today !!!
Fibonacci CHFJPY H4
Today is the NFP and for those of you that doesn't want to trade on the currency pairs with USD, I have opportunity for you guys on CHFJPY. I used Fibonacci Retracements and the correction stop on level 50, my expectations are to go up with 100-150 pips in the next 1-2 days
Expectation for Gartley Butterfly
As you can see on the picture is just an expectation, but if the price close near to the point of sell it will be a Bearish Butterfly. I'll wait and hope the prediction to be successful, but do not forget is just a prediction!