USD/JPY has been somewhat disconnected from the stock market during recent months. If stocks were to fall further in the days and weeks ahead, one can bet that the correlation will improve. 110 - 110.5 resistance area holding would put 107.5 back into focus.
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EURUSD & US INDEX CORRELATION!
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This video is dedicated to John.J Murphy .
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Trading terminal — «ATAS»
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Trade status: Real trade by Kunkei Tengri.
Date: 03/10/2017y.Professional Trader's blog, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint.
We trade in all financial markets, there are no boundaries or limitations.
This video is dedicated to John.J Murphy .
Enjoy watching
Download "NAVIGATOR" - https://bidasktime.com/
Trading terminal — «ATAS»
Advisor — «NAVIGATOR»
Trade status: Real trade by Kunkei Tengri.
Date: 03/10/2017y.Professional Trader's blog, specializing on Elliotte wave theory, Technichal analysis, Volume Spread analysis, Market Profile, Depth of Market, Order flow & Footprint.
We trade in all financial markets, there are no boundaries or limitations.
USDZAR in 1 Marz
1.- Weekly Chart
На недельном графике цена ниже облака и в данный момент под действием «мертвого креста» находясь в down тренде цена закручена в треугольную коррекционную структуру. Схематично на рисунке. Облако поддерживает тренд и своим цветом и небольшим наклоном. Если учитывать, что нижняя граница треугольника устоит, то необходимо искать цели выше ее.
2. DailyChart
На дневном графике отмечаю коррекционные стремления валютной пары. Постоянная смена раскраски облака подтверждает коррекцию. …
На недельном графике цена ниже облака и в данный момент под действием «мертвого креста» находясь в down тренде цена закручена в треугольную коррекционную структуру. Схематично на рисунке. Облако поддерживает тренд и своим цветом и небольшим наклоном. Если учитывать, что нижняя граница треугольника устоит, то необходимо искать цели выше ее.
2. DailyChart
На дневном графике отмечаю коррекционные стремления валютной пары. Постоянная смена раскраски облака подтверждает коррекцию. …
USDSGD in 1 Marz
1.- Weekly Chart
На недельном графике цена выше облака в данный момент под действием «золотого креста» символизирует восходящий тренд. Схематично на рисунке. Облако возрастает, что указывает на возможность продолжения up тренда.
2. DailyChart
На дневном графике отмечаю коррекционные стремления валютной пары. Сопротивление оказало облако и отбой отработал. Запаздывающая линия Chinkou цену так и не пересекла и теперь на ее уровне. Облако понижается, что может еще продлить коррекцию. В зависимост…
На недельном графике цена выше облака в данный момент под действием «золотого креста» символизирует восходящий тренд. Схематично на рисунке. Облако возрастает, что указывает на возможность продолжения up тренда.
2. DailyChart
На дневном графике отмечаю коррекционные стремления валютной пары. Сопротивление оказало облако и отбой отработал. Запаздывающая линия Chinkou цену так и не пересекла и теперь на ее уровне. Облако понижается, что может еще продлить коррекцию. В зависимост…
More of the Same for the EUR/SEK
The EUR/SEK has been stuck trading between 9.20 and 9.30 since March 14th. Prices have entered a prolonged consolidation period with no end in sight, as you can see on the daily chart below.
But the picture doesn't look any better on the higher timeframes. This year the EUR/SEK moved between 9.14 and 9.61, a range of only 5 percent. If we go back further by 1 year, that range only expands to a 9.05 low and a 9.68 high. This is a very small yearly range of 6.8 percent.
The lack of trend on both s…
But the picture doesn't look any better on the higher timeframes. This year the EUR/SEK moved between 9.14 and 9.61, a range of only 5 percent. If we go back further by 1 year, that range only expands to a 9.05 low and a 9.68 high. This is a very small yearly range of 6.8 percent.
The lack of trend on both s…
Loonie unable to get past 1.40
Loonie's correlation with oil has been somewhat lesser this month. The pair didn't make new high as the commodity fell to the lowest level since 2003.
50 DMA has been capping the pair during the past two weeks while multiple failures at 1.40 suggest more downside in the days ahead. 100 DMA is the first stronger support ahead of 61.8% retracement of the October to January rally.
50 DMA has been capping the pair during the past two weeks while multiple failures at 1.40 suggest more downside in the days ahead. 100 DMA is the first stronger support ahead of 61.8% retracement of the October to January rally.
Slightly higher than Brent forecast
Slightly higher than Brent forecast
Currency Correlation
- A —– C C —– B
(GBP/USD)* (USD/JPY)= GBP/JPY
- A —– C B —— C
( EUR/USD) / (GBP/USD) =EUR/GBP
- C —– A C —– B
(USD/CHF)/(USD/JPY)= CHF/JPY
Smart Money Divergence
This is just a small preview from my latest article, if you wish to read the entire article please follow the link: Smart Money Divergence
Since we already outlined the core principles of SM divergence it's time to look at the most recent price action and look at:
Since we already outlined the core principles of SM divergence it's time to look at the most recent price action and look at:
- Who is behind the market moves;
- How to use USDX to qualify setups;
Aussie Final Stage of Correction
Hi guys today I wanna share with you a trade pattern idea that I've posted in Technical Analysis Contest you can find the original post here: Aussie Final Stage of Correction
Since beginning of last year aussie has completed a five wave cycle to the downside and right now is correcting that cycle which is still in the earlier stage as we only manage to complete wave A, we need wave B to go at least to 50% fib retracement of wave A but at the same time it can go as low as previous swing low but w…
Since beginning of last year aussie has completed a five wave cycle to the downside and right now is correcting that cycle which is still in the earlier stage as we only manage to complete wave A, we need wave B to go at least to 50% fib retracement of wave A but at the same time it can go as low as previous swing low but w…