社区
博客
Jignesh的博客

Jignesh的博客

Avatar

GBPUSD - Pull back or Reversal of Trend?

Jignesh 15 11月的订阅  在 #Trader's blog #GBP #Boe #Fundamentals #Trend #Cpi #Inflation #Gbpusd
The British Pound posted impressive gains last week. And that too, without any catalyst in place. Throughout the week we saw minimal retracements as the price marched higher, which is usually a sign of unusual strength.
But it is still unclear if the trend is reversed, or if the move is merely a pull back against the main down trend.

The chart below shows GBPUSD retracing already 50% of the move down, and that without a catalyst.
On Tuesday we have inflation related data coming out of the UK. T…
阅读全文
翻译为 英语 显示原始

既然您还没有登录，我们不知道您的口语，但认为是 英语
请登入或从列表中选择另一种语言翻译。

– 或 –

留下意见
或留言
Avatar

EURGBP Continues down after 3 wave ABC Correction

Jignesh 发布30 9月 为分析在 EUR/GBP , Target: 0.7757, 日期: 3 于 11月, 12:00 GMT  在 #Technical analysis #Trend #Support #Monetary Policy #EUR/GBP #Eurgbp #Correction #3 Wave
Overview
As the monetary policies of the ECB and BOE continue to diverge with GBP facing an imminent rate hike, and the EUR having just experience a rate cut, the outlook on this pair is bearish.
In the past month, we have seen a 3 wave correction occur, after a big move to the downside. The pair has broken to new lows and it can be assumed a new leg in the downtrend is in progress
Levels
0.7874 - Daily breakout point (low of last major leg down)
0.7757 - Weekly Support level
0.7480/0.7500 …
阅读全文
翻译为 英语 显示原始

既然您还没有登录，我们不知道您的口语，但认为是 英语
请登入或从列表中选择另一种语言翻译。

– 或 –

6 意见
查看更多评论
Jignesh avatar
Jignesh 9 10月

EURGBP is bullish for the week after bouncing off the weekly support level.  The 50% retracement of the last leg down comes at .7916.  Will be watching that level for bears to continue the downward momentum.

Jignesh avatar
Jignesh 13 10月

The focus for this upcoming week is the price to be contained by the 50% at .7916 and a close below support/resistance level of .7875

Jignesh avatar
Jignesh 24 10月

The pair got declined from the .8040 level and looking like it is resuming it's down trend.  Currently .7875 is offering some support showing a tweezer bottom on the daily chart.

Jignesh avatar
Jignesh 31 10月

After consolidating in the 7875 for almost a week, the pair has finally made a concise break.  With EUR CPI data later in the session, the pair still stand a good possibility of reaching targets.

Jignesh avatar
Jignesh 3 11月

The pair is moving rapidly to the downside after breaking 7875.  The momentum is good, indicating a good possibility of hitting targets by specified time.  The current price is 0.7814 and is about 57 pips away with 10 hours to go.  There is both EUR & GBP data later today..  GBP Manufacturing PMI should move this pair towards the targets if the data supports a bullish GBP

或留言
Avatar

USDCAD to continue correcting against the H4 Trend

Jignesh 发布31 8月 为分析在 USD/CAD , Target: 1.0709, 日期: 1 于 10月, 12:00 GMT  在 #Technical analysis #Trend #USD/CAD #Corrective Wave #Elliott Wave #Fibonacci Retracement #Flat Structure
USDCAD Looks like it may be continuing it's trend to the upside from last year, after spending much of the time this year correcting.
  • So far we can see 3 waves to the downside, with a flat correction ending at the 50% of the move to the upside
  • The retracement on the first leg up is usually deep, indicating a high possibility of a double correction
  • Previous support at the 76.4% marks an ideal spot for a reversal

USDCAD - 4H Wave Count

As per the above chart, there are 3 waves to the upside mar…
阅读全文
翻译为 英语 显示原始

既然您还没有登录，我们不知道您的口语，但认为是 英语
请登入或从列表中选择另一种语言翻译。

– 或 –

2 意见
Jignesh avatar
Jignesh 3 9月

With CAD data coming up within the next 24 hours, I expect the 1.0950 level to hold to complete the X wave, however, as long as the pair stays below the 1.10 handle this view remains valid.

Jignesh avatar
Jignesh 22 9月

The pair made a new high, indicating that the correction was a single correction and not a double.  The wave count is no longer marked as WXY but a simple ABC.  There are already 5 swings to the upside and the pair has started to pull back, but it remains bullish against  1.0808 and it is not likely to see any further downside.  The setup is invalidated and I do not expect the targets to be hit.

或留言
Avatar

US Dollar Remains Bearish - Long term down trend

Jignesh 17 5月的订阅  在 #Trader's blog #Trend #Usdx #Us Dollar
Every time the US Dollar gets a bit of a lift, many trader's become extremely bullish the US Dollar calling a long term change in trend. I distinctly recall last year in May. The dollar made a marginal new high (monthly chart), and traders were piling on USD Longs.
The long term players are not going to be getting on this bandwagon. In fact, long term players are still looking at short the currency and will continue to do so.
There are two ways to look at this. Fundamentally & Technically.
…
阅读全文
翻译为 英语 显示原始

既然您还没有登录，我们不知道您的口语，但认为是 英语
请登入或从列表中选择另一种语言翻译。

– 或 –

1 意见
Omela avatar
Omela 18 5月

it is perfectly!)

或留言