Author Archives : wpuser

USDCAD a Potential buy (18/04/2019) 11:55

On April 18, 2019, Posted by , In Uncategorized, By , , With No Comments

USDCAD a potential buying opportunity is yet to prevail,we are awaiting a breakout of the symmetrical triangle that is forming on the D1 chart. Our entry will be when the price breaks above the triangle, this is around the 1.34030 price range with our forecast being a rally towards 1.3652

AUDUSD (18/04/2019) 11:45

On April 18, 2019, Posted by , In Uncategorized, By , , With No Comments

in light of our previous previous post regarding this currency pairing, it seems as though what we have projected is ought to transpire. According to our previous analysis the price has rallied to a descending resistance, although later on it attempted to break it. We have deemed it to be…

AUDNZD a potential selling opportunity 17/04/2018 (11:52)

On April 17, 2019, Posted by , In Uncategorized, By , , With No Comments

The analysis is carried out from a weekly chart, where we saw the price breaking a prominent ascending trend line which at first was acting as a support level. However, now that the price has broken this level, we forecast that it will act as a resistance. Furthermore, this is…

Gold somewhat bearish, this is to push AUD lower (16/04/2019) 12:35

On April 16, 2019, Posted by , In Uncategorized, By ,,, , With No Comments

Gold has been forming what seemingly looks to be a head and shoulders formation which indicates/signals a potential fall in the price of gold. With Australia being on of the biggest exporter of Gold, we are off the belief that it will negatively affect the Performance of AUD as a…

USOil potential drop will; lead to a rally in USDCAD (15/04/2019) 12:52

On April 15, 2019, Posted by , In Uncategorized, By ,, , With No Comments

Earlier on in the year we have shared our sentiment on the USDCAD which we are somewhat Bullish on. This is not based on the analysis that we have carried out on the USDCAD but also the analysis we have carried out on the USOil. USOil observed on the weekly…

USD/ZAR a buying opportunity (11/04/2019) 11:34

On April 11, 2019, Posted by , In Uncategorized, By , , With No Comments

In the past few days we have seen the greenback give back much of the gains it has made in the past two weeks. Though, as the price is dropping, it has become more attractive to buyers as well, the Dollar Index is indicating oversold signals which then shows exhaustion…

EURNZD Bullish run to commence (10/04/2019) 12:22

On April 10, 2019, Posted by , In Uncategorized, By , , With No Comments

EURNZD has been dropping since September 2018, though it seems that the market has bottomed out. The reason we think this is the case is because although the price was falling, recently it has failed to create a lower low. This thus indicates that the Bearish momentum is dying out….

Bitcoin a start of the Bull Run (09/04/2019) 12:24

On April 9, 2019, Posted by , In Uncategorized, By , , With No Comments

Bitcoin has lost much of its gains, we have seen this currency drop from $19k a coin to as low as $3,2k a coin. However, we are off the belief that the market has bottomed out and we forecast that it will appreciate over time. This is evident in the…

AUDCHF a selling opportunity (04/04/2019) 11:48

On April 4, 2019, Posted by , In Uncategorized, By , , With No Comments

A selling opportunity has prevailed on the AUDCHF, The market has made it to our resistance trend line where it has been getting rejected. We are forecasting a drop in price from the current price of 0.7095. The market has been making a series of descending highs and lows, thus…

Update on CADCHF (02/04/2019) 12:30

On April 2, 2019, Posted by , In Uncategorized, By , , With No Comments

CADCHF update, adjust your stop loss from 0.7517 to 0.7592 then change your TP to 0.7080 from 0.7285>>>> Changing the trade into a long term trade.

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