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GBP USD

4 hours chart
the pair is near a strong supply @1.3980 & 1.3917
i expect the pair will go up
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USD/CHF correction


My forecast is that the USD/CHF will fall to 4H support zone and afterwards will bounce back bullish. Everything depends on the tomorrow news...
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DAY 16 - Keep it Simple - My Supply & Demand Strategy

I really don't go into all this terminology and try to keep it simple. All I look for in S&D zones are whether price left the zone with momentum and in doing so broke any support level, or price made a new lower low for sell and higher high for buy. How price is approaching the zone and whether there is enough space for a better risk to reward ratio.
After watching charts for so many years and losing hundreds of trades and trying different system, I came to realize that no matter how good our t…
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NZD/JPY prediction 1st of July

Weekly chart:
On the weekly chart i draw a channel which the price is respecting right now.
As you can see the price is retesting the previous support level.
I expect the price to hit the trendline and move lower to the next support level.
Daily chart:
On the daily chart i just draw the possible scenario considering the weekly analysis
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EUR/GBP prediction 1st of July

Weekly chart:
On the weekly chart i draw a simple fibonacci.
As you can see near the 61.8% we have structure is there that i expect the price to turn.
Daily chart:
On the daily chart i draw the possible scenario considering also support and resistence zones.
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NZD/USD to revisit bottom of the range

Technical Tools
Support and resistance (S/R). Price levels, trendlines and Fibonacci retracements. Price action, candlestick and chart patterns. Simple moving averages (SMA). Commitments of traders (COT) indicator, which displays speculative positioning in FX futures market, used as a proxy for speculative positioning in spot FX market.
Weekly Chart
The pair bottomed in August 2015 and has since been contained in a broad trading range between 0.60 and 0.70. It has spent most of the time in the u…
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al_dcdemo avatar

UPDATE 3: Quiet start to the week turned into carnage soon after European session got underway, led by stock market falls. The selling continued in North American session and, after a small consolidation, overnight. The greatest beneficiary of safe haven flows has unsurprisingly been the yen, while the euro and the franc have also benefited. Gold rose to the highest in eight months. Cable and commodity currencies lost to various degrees, not least as a consequence of cross pair selling.

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al_dcdemo 12 Feb.

UPDATE 4: Mostly owing to U.S. dollar weakness, Kiwi proved to be impressively resilient amid market turmoil. It is currently down on the week only against the lowest of low yielders: euro, yen and franc. Declining 2014 - 2015 trendline, reinforced by the broken September - December trendline and 200 DMA, remains the resistance level to watch. If it gives way, 0.69 - 0.70 will come into focus. 50 and 100 DMA are the immediate support levels ahead of 0.65 - 0.6550.

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al_dcdemo 18 Feb.

UPDATE 5: FOMC Meeting Minutes, which were released yesterday evening, didn't provide us with anything new. Officials did acknowledge increased downside risks to inflation outlook stemming mostly from USD strength and oil weakness but didn't back away from rate hikes. Reaction to the release was muted. Price recorded a couple of small whipsaws before returning to what it was doing before - a pattern that is quite prevalent with these releases.

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al_dcdemo 20 Feb.

UPDATE 6: World stock and commodity markets stabilized somewhat along with an overall improvement in risk sentiment. Volatility in major currency pairs fell, particularly in commodity-linked ones. Kiwi ended the week not very far from the opening levels with a similarly unimpressive weekly range - barely over 100 pips. This is most likely just a temporary calm as global macroeconomic landscape remains very much the same.

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al_dcdemo 27 Feb.

UPDATE 7: Friday provided everything that dollar bulls want. Mostly better than expected readings on growth, inflation, income, spending and sentiment were enough to send the dollar higher against most major currencies and showed that March hike cannot be ruled out. Kiwi lost almost 100 pips on the day with the daily range more than 150 pips. It posted outside down day which may lead to more losses in the days ahead.

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AUD/USD to consolidate in August

Monthly chart:
As most major pairs, Aussie accelerated its decline in the first month of the year. After a bit of consolidation it convincingly broke below 0.80 level and 50.0% retracement of the 2001 to 2011 uptrend. In the following four months it traded mostly between 0.7550 and 0.7950, but broke higher in the end of April. The breakout proved to be fake as the pair returned back to the range in May and then broke in the opposite direction in July.
Weekly chart:
Demand at 0.75 (level touted …
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al_dcdemo 10 Aug.

UPDATE 4: Australian NAB Business Confidence (and few other lower-tier reports), Chinese Industrial Production, US retail sales and PPI reports are macroeconomic data points that will be watched in the week ahead. However, technicals are more important at the moment and the main question is how far the Aussie will extend before sellers step back in. If the RBA doesn't cut Cash Rate below 2.00% while the Australian economy recovers, 0.7235 may as well turn out to be the bottom.

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al_dcdemo 15 Aug.

UPDATE 5: The most notable event this week was the PBOC yuan devaluation, which impacted the pair strongly. PBOC weakened yuan fix three times: Tuesday (-1.9%), Wednesday (-1.6%) and Thursday (-1.1%). Second adjustment sent the pair to new six-year lows below 0.7250 but it bounced sharply from there and then went sideways for the remainder of the week. The result is a nice hammer on the weekly chart.

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al_dcdemo 16 Aug.

UPDATE 6: Apart from Monetary Policy Meeting Minutes from the last RBA meeting, there's nothing of note on the calendar for the week ahead from Australia. Provided that there won't be any further PBOC shocks and that US inflation comes out around consensus, this relative lack of noise may allow for a clearer view of the pair's near term direction. I think the risk is to the upside, though.

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al_dcdemo 28 Aug.

UPDATE 7: Compared to weekly ranges in few other risk sensitive pairs, week in the Aussie was relatively calm. The range was defined on Monday when turmoil in global markets sent the pair within a striking distance from the big 0.70 level. The pair spent the remaining four trading days in that range while volatility has been falling towards the end of the week. It looks as a blow-off bottom, but it may not be.

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al_dcdemo 29 Aug.

UPDATE 8: Next week will be big for the pair as we will get GDP, Retail Sales and Trade Balance reports along with plethora of lower-tier economic indicators. On top of that, RBA will meet on Tuesday. US will release ISM Manufacturing PMI, ISM Non-Manufacturing PMI and NFP reports. Technically, if the blow-off bottom hypothesis is correct, the pair has to rise, preferably from the off. Initial resistance is seen in 0.7200 - 0.7250 band.

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AUD/USD - Fundamentals lead the price !

  • Charts: 4 H,1 Day
  • Elements used: CCI , Support & Resistance
  • Current Level : 0.7787
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12.11.2014: GBP/USD institutional orders

GBP/USD institutional orders - the report reflects real orders of Prague HFT Group’s members or hedge fund/institutional traders connected with our group.
www.PragueHFTGroup.com
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GBPJPY PRICE FORECAST FOR JUNE 2ND 2014

GBPJPY: My technical analysis is based on Supply / Demand and Support / Resistance.
1) Bi Weekly Chart
2) 2 Day Chart
Price Target 179.85 for 2nd June 2014

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alifari 11 May

Update 1: Price is currently about 80 pips below Monthly open price, while other major currencies weakened against JPY, British Pound remain resilient, which goes to show the strength of GBP. 171.20 is holding price for now and I am expecting bullish price action on this pair in next few days.

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