Key Support: 1.2629 – 1.2580 Key: Resistance: 1.2650(weekly Pivot) Long Term View (4H) The USDCAD is in a big bearish move, and has been for the past 3 weeks, breaking through and retesting the monthly pivot last week. Sell trades only are in play until this structure breaks. Intraday The USD/Cad has rallied from today´s […]
Key Support: 105.20 – 105-50 105.70 Key Resistance: 106.20 Long Term View The USDJPY has been rallying since earlier this month when it bottomed at 104.40 (178 pip ride from low to high) 1H Analysis We have pulled back 50% from the highs and bounced from the 61.8% pullback of last week´s range The UJ […]
Key Support: 6585 – 6500 Key Resistance: 6715 – 6950 Long term view After 95 days of trading inside of a very choppy range the FTSE broke last Friday with a mid-term bullish flag. We couldn´t catch the first impulse since the breakout occurred late on Friday. On Sunday the FTSE opened higher and never […]
Key Support: 1765 Key Resistance: 1775 – 1785 Long term view Gold, as we have been discussing, is in a very bullish momentum due to investors seeking to protect their capital facing a capital markets collapse due to the pandemic we are living in. We have seen Gold pull back 15% from all time highs […]
Key Support: 20.15 Key Resistance: 20.45 Mid-Term View The USDMXN has rallied from the lows of a long term range around the 90.19 to 20.00 levels inside a very structured move. Short-Term Readings After missing the first impulse at the bottom of the move I´ve been watching this pair the entire week and today it […]
Key level of support: 127.30 Higher Time Frame Readings The EUR/JPY has been in a heavy bullish run since it bottomed around and now its retesting the previous broken level. Short Term Entry The EJ has pulled back from the highs to retest the previous key level which confluences with the previous 3 weeks’ highs. […]
Long Term View On Gold Gold has broken with the previous lows at 1785 and is now retesting and rejecting them. Here is the short opportunity for a daytrade. Daily view on Gold The upside in Gold is capped by today´s Point Of Control (POC) and VWAP (Volume Weighted Average Price). These 2 instruments confluence […]
The GJ has rallied more than 500 pips since it broke with the 142.00 level and is trading inside of a massive bullish structure. If we look at the avg. weekly range of the past 3 weeks it´s exactly 204 pips. This week this pair has rallied 230 pips to a massive key level in […]
Key Support: 104.60 – 104.00 key Resistance: 106.40 USD/JPY Long Term View The USD/JPY has been rising for the better part of 2021 on a Yen selloff but the long term structure remains bearish since the pre-pandemic highs around 112.00. This was a massive -8.15% move from high to lows with a 3.5% pullback to […]
