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…

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…

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…

NZDUSD Bearish outlook. Market commentary (02/04/2019) 12:05

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

NZDUSD seemingly bearish, this is because the currency pairing has been consolidating since the last year November. However,recently it has decided to break to the bottom of the consolidation thus proving that the the Bears are the ones who are dominant. It is important to note that when the price…

USDCHF a possible buy, awaiting candlestick confirmation (20/03/2019) 12:30

On March 20, 2019, Posted by , In Uncategorized, By , , With No Comments

USDCHF has been steadily climbing higher, creating higher lows. The price has been dropping in the previous week though we view the fall as a retracement which will give off more buying opportunities. Currently, the price has made it to our ascending trend line. This points to a possible buying…

EURUSD a potential selling opportunity (14/03/2019) 11:53

On March 14, 2019, Posted by , In Uncategorized, By , , With No Comments

EURUSD has been steadily creating lower highs followed by lower lows. This indicates that it is the Bearish forces that are currently dominant. For this reason, it is best to seek for Bearish signals. The price has rallied towards a prominent resistance on H4, this trend line has been acting…

USDZAR (12/03/2019) 11:16

On March 12, 2019, Posted by , In Uncategorized, By , , With No Comments

USDZAR has formed, or is in the process of forming a similar setup to that of GBPJPY posted yesterday where we had a number of things playing out, thus translating to a high probability trade. In the case of USDZAR we have a broken descending trend line which is about…