Moved SL to BE ahead of US ISM Non-Manufacturing PMI.

EURUSD

Buy stop in NZD/JPY If you have read my previous analysis of USD/JPY, you know that stop grabber has been accomplished as USDJPY penetrated low of Sep 24. Now USD/JPY may pull back. Profit taking from sell positions (closing sell of USD/JPY) by many ...

NZD/JPY

Closed AUDJPY with +50.0 pips. USD/JPY seems to pull back from this level and AUD/USD has also been pulling upward recently, so staying short anymore is not advisable, nevertheless I be will monitoring further development in AUD and USD/JPY to ...

AUD/JPY

Another probable scenario of shorting USD/CAD: Recently NZD and EUR gained against USD. AUD is also trying. If EUR, NZD and AUD continue to gain against USD in same fashion (after small pullbacks) and if we see pull backs in JPY pairs, gain in ...

USD/CAD

USD has already been weakening against highly influential currencies like JPY and EUR. An upward pullback in USD/JPY and a downward pullback in EUR/USD may strengthen USD for that short span of time. Another thing: When USD falls against JPY over ...

USD/CAD

This trade's been accomplished. I'll will be monitoring further development in the pair.

USD/JPY Discussion

CAD has turned to be the weakest currency since beginning of Wednesday. It seems like CAD (a risky currency) weakens the most when JPY (a safe heaven currency) gains the most in global economic tensions. I don't see any trade setup on CAD pairs as ...

USD/CAD

USD/CAD had not continued to FIB61.8. Nevertheless, Tuesday's fall had given me chance to move SL to BE, later closed with +10.0 pips.

USD/CAD

As I mentioned, I am targeting 30% of butterfly i.e. 30% of whole move down from a to d. 30% of a to d is around 1.0990 (see orange horizontal line). image

EURUSD

If you have read my previous analysis of EURUSD, you know that I was looking for buying opportunity. Entered buy at 1.0915 (50% retracement of upward movement since release of ISM Manufacturing PMI). Butterflies, three drives etc. easily fail to ...

EURUSD

Entered buy at 1.0915 (50% retracement of upward movement since release of ISM Manufacturing PMI).

EURUSD

If you have read my previous analysis of AUDJPY and my comments on it, you know that I was targeting 38.2% and 50% levels of whole swing up on daily. These targets have already been hit by AUD/JPY. Today, I entered short at 30% retracement of recent ...

AUD/JPY

Fundamental factors that support bearish move: USD/JPY rally flounders; US data disappoints, global recession fears return Undermined by worst US manufacturing data in a decade, US yields lurch lower Fed easing chances increase sharply to 75bps of ...

USD/JPY Discussion

If you have read my previous analysis of USDJPY, you know that I was expecting a move to 107 again. Yesterday's candle made a bearish engulfing as well as a stop grabber. ABCD100 coincides with FIB38.2, that is the target. Sell entry at 30% ...

USD/JPY Discussion

CAD has shown strength against USD in last few days whereas all other major currencies have weakened against it. On H4 time-frame: 1.3339 was not broken and now the bullish channel has already been invalidated. image We need trend change ...

USD/CAD

EUR/USD | Sep 30, 2019 image ABCD100 is gonna be completed soon. D is at 1.0865. Butterfly xabcd161.8 has already been completed, the crimson line (value 1.08901) is 161.8% of xa. RSI's value is now 34.5 and will become 30 (oversold) by the time ...

EURUSD

USD/JPY is more likely to touch 107.00 again. Trade-talks hope is fading after 'Trump Officials Considering Delisting Chinese Companies from U.S. Stock Exchanges' and 'U.S.-China trade deal won't happen before 2020 vote -JPMorgan CEO'. I will not be ...

USD/JPY Discussion