Category Archives : Uncategorized

A Selling opportuity on XAUUSD (22/07/2019) 15:00

On July 22, 2019, Posted by , In Uncategorized, By , , With No Comments

The analysis stems from a monthly chart, where we have realied that Gold has made it to a descending trend line…..Where it also coincides with the 50% fibonacci retracement. By simply looking at the candlesticks from the weekly chart, it is quiet evident that there is some selling that is…

Gold a possible short? (22/07/2019) 14:53

On July 22, 2019, Posted by , In Uncategorized, By , , With No Comments

We also see a potential selling opportunity on Gold. However, for the purpose of diversifying. We have decided not to trade it. Though if you are keen on shorting gold. Then you are more than welcome. It is up to you whether to take USDCAD as a long or short…

Buy USDCAD (Posted 22/07/2019) 13:50

On July 22, 2019, Posted by , In Uncategorized, By , , With No Comments

Buy USDCAD at price 1.3066 with a stop loss placed at 1.2768 and a TP placed at 1.4570. Due to all the commotion caused by news, we have decided to look at long term positions. USDCAD provides a nice buying opportunity. Long term wise we identified Bullish flag-like structure. This…

Sell AUDCHF (27/06/2019) 14:24

On June 27, 2019, Posted by , In Uncategorized, By , , With No Comments

Sell AUDCHF, place a sell limit at price 0.68464 witha stop loss placed at 0.6873 with a tp placed at 0.6748>>On D1, the market has made it to a previous level of support which is expected to hold as resistance. on H1 the price has broken the ascending trend line…

Sell CADCHF (30/05/2019) 17:42

On May 30, 2019, Posted by , In Uncategorized, By , , With No Comments

Sell CADCHF at price 0.7462 with stop loss 0.75076 with a TP placed at 0.7368. The market is in a downtrend, and is now on the trend line. The market is also in the process of forming an evening star.

Buy USDZAR and USDCAD (30/05/2019) 16:28

On May 30, 2019, Posted by , In Uncategorized, By ,, , With No Comments

Buy USDZAR and USDCAD. On the USDZAR chart, the market has broken a level of resistance from a daily chart and is now using it as a support, the price is in the fib zone. GO long at price 14.6344 with a stop loss placed at 14.3694 and your TP…

Sell NZDUSD and NZDCAD (30/05/2019) 14:06

On May 30, 2019, Posted by , In Uncategorized, By ,, , With No Comments

Sell NZDUSD at price 0.6512 with a stop loss placed at price 0.6529 and a TP placed at 0.64819. The market formed a bearish flag pattern on the H1 chart, hence we are expecting a continuation. Sell NZDCAD as well at price 0.8784 with a stop loss placed at 0.8893…

EURGBP to drop (28/05/2019) 11:48

On May 28, 2019, Posted by , In Uncategorized, By , , With No Comments

We will be seeking to short the EURGBP for the reasons mentioned below. The price is at weekly resistance trend line, drawn from the high/peak on the 3rd Sep 2017 and connecting every high thereafter. We are expecting the Bears to step in to push the price lower. Furthermore, the…

US30 to fall (28/05/2019) 11:42

On May 28, 2019, Posted by , In Uncategorized, By , With No Comments

Although the price is moving in an upward trajectory it seems as though it is exhausted as it has failed to create higher highs. This is further indicated in the MACD as it seems to be forming a potential MACD divergence. This might be a retracement in the making, towards…

BUY USDZAR and SELL XAUUSD (24/05/2019) 13:18

On May 24, 2019, Posted by , In Uncategorized, By ,, , With No Comments

Buy USDZAR and Sell XAUUSD >>>XAUUSD is in the FIb Zone and this coincides with the descending trend line drawn on the H4 chart, the price has formed some reversal candles indicating a potential reversal. Sell XAUUSD at price 1281.97 with a stop loss at price 1293.58 and your TP…

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