Jignesh的博客

Avatar

A pull back in a longer downtrend for JPN.IDX

The JPN.IDX is in a longer term down trend, that started in the first week of August 2015. However, the instrument caught a bid at it's 200 Weekly SMA. As well, smaller time frames suggest a bullish correction is already under way, which has potential to last throughout the Month of May.
Levels
15794
- Jan Spike Low
16340 - Jan lowest Daily close & early Feb Daily spike highs
17290 - March Highs
17871 - Jan Highs
18260 - End of 2015 Daily close
The chart below is a monthly chart showing the leve…
阅读全文
翻译为 英语 显示原始
Jignesh avatar
Jignesh 5 5月

Ahead of the start of May, we already saw the pull back in the bullish trend.  The BOJ, which had given a signal to the market that it would likely intervene in the markets, in a surprise move, did not do anything.  It acted as a catalyst for a sell off against the proposed bullish trend.  As we approach the bottom of the channel, we will be looking for a bounce over the next week, to hold the channel intact and affirm the bullish trend.

留言
Avatar

EURUSD Weekly Outlook

The EURUSD as of late is in a full fledged bullish trend. We see it making higher highs and higher lows on all time frames aside from the Monthly.
The pair is approaching some resistance however, where traders with their eyes on the Monthly & Weekly charts may look for potential short setups. Here is the outlook:
The above charts shows a clear bullish trend. Last week we broke the downside correction which appears as a flag. We have started a new channel up on the 15m/1h. Dips towards the bottom…
阅读全文
翻译为 英语 显示原始
留言
Avatar

Short Setup on EURAUD - H&S Pattern & Channel Break

A decent setup to start out the week on EURAUD. The pair has already broken out of a Head and Shoulders pattern on the 4H, as well we have recently seen a downside channel break.
What adds further conviction to the trade, is that the AUDUSD also has an Inverted H&S at play at the same time.
Currently we see the price retesting the Neckline - a good area for a low risk attempt at the short side.
阅读全文
翻译为 英语 显示原始
VALTRAD avatar
VALTRAD 1 2月

Во вторник заседание РБА, значит вероятно укрепление AUD после публикации стейтмента

ForexSpeaker avatar

interested trading idea
keep going

ForexSpeaker avatar

the ichimoku also support it .

Jignesh avatar
Jignesh 1 2月

Thanks ForexSpeaker - Looks like the Tenken is holding the 4H and Cloud has started to turn.  Appreciate it!

Jignesh avatar
Jignesh 1 2月

Thanks VALTRAD about the reminder of the RBA Meeting.  I expect Stevens to sound upbeat.  In the last meeting he hinted that they are leaning on the FED to raise rates, now that it has happened I would expect the statement to increase the tone of hawkishness even further.

留言
Avatar

EURCAD 1H Channel Formation

EURCAD has been largely sideways within a channel in the 1 Hour TF.
Looking for breakouts in either direction to offer some clue as to what's next in store for the Euro.
The daily EURUSD shows a wave structure that supports another leg higher towards 1.18, this chart may provide clues as to when to enter in on that trade. An upside break here in the next couple of days can signal that the lows in EURUSD have already occurred, a rejection from the top here will signal a move lower in the EURUSD a…
阅读全文
翻译为 英语 显示原始
留言
Avatar

NZDCAD to resume it's bearish trend

This Analysis is a continuation from the April technical analysis submission.
The same wave count is still valid, and the downtrend has not completed as of yet. The Gartley pattern has played, but the count suggests the down trend will continue.
Levels
0.89495 - Daily Support/Resistance
0.86990 - Major Resistance - First half 2013 & Support 2014
0.84209 - Gartley pattern and weekly support
0.82059 - Weekly Previous Support
0.81140 - Weekly Previous Support
The below chart was what was posted in …
阅读全文
翻译为 英语 显示原始
留言
Avatar

NZDUSD - Not a buyer in sight

The NZDUSD has been bearish as most would know. The pair has been on a steady decline after testing the top of the daily channel ahead of the April 29 RBNZ Meeting. The pair has now developed a 4H Channel as well. Today we see the pair breaking the Daily channel and closing a 4H candle below it
Figure 1 - NZDUSD Daily

Figure 2 - NZDUSD 4H
I developed a short in the pair ahead of the April 29 meeting, and still holding it. Next week, we will have another RBNZ meeting. There may be an expectati
阅读全文
翻译为 英语 显示原始
留言
Avatar

EURUSD Holding 1H Channel

EURUSD after gaping down to open the week has shown some bullish attempts to start the week, however has already twice seen rejection from the 1H channel. At the end of the London Session, we once again see the pair trying to break, while only drawing some reversal candlesticks and making it's way lower, in the direction of the predominant trend.
阅读全文
翻译为 英语 显示原始
留言
Avatar

GBPUSD Completes First Leg Down - 4H Elliott Wave Count

The GBPUSD wave structure as of late has been a tricky one to count, but with the help of a channel confluence, it looks like the pair in an area that could complete the cycle from 1.5928.
The chart below shows the 4H count
As per the count, the pair has now completed wave (a). We would expected a retracement from this point towards the highs at 1.5928 to complete wave (b) before the pair once again turns bearish in wave (c).
阅读全文
翻译为 英语 显示原始
留言
Avatar

USDCHF Bouncing off Key Channel

Overview
USDCHF has been in contained within two channels, but in the past few weeks we have seen it make a bullish break.
Even on a pullback the pair has managed to stay supported from the previous level, given the outlook of a bullish nature
Levels
0.9335 - April Close
0.9480 - 38.2 Fib (0.9079 - 1.0127)
0.9720 - March Close
0.9227 - 61.8% Fib (0.9079 - 1.0127)
Figure 1 - Daily USDCHF - two potential channels, price bouncing between both
Figure 2 - Price respecting channels, until recent bull…
阅读全文
翻译为 英语 显示原始
Jignesh avatar
Jignesh 28 7月

The pair has completed an ABC structure to support at 9538.  so far it has once again turned bullish up towards the daily 4h channel pointed out.  Expecting a pull back here, before once again turning bullish.

Jignesh avatar
Jignesh 30 7月

The channel posted in the above comments broke this week, and that was followed by a strong push higher from a hawkish FOMC statement yesterday.  Today we've seen the pair touch the target level of 9720, and that level has acted as resistance for the pair.  Anticipating that this level holds tomorrow and offers a bit of a pull back as the US Dollar index has reached some key resistance.

Jignesh avatar
Jignesh 2 8月

The week has opened with very little movement in the USD pairs.  Some clues can be found from the metals which have been selling off since the open.  Anticipating the majors to see some USD strength going into the London open at the very least, and possibly the New York Open.  However not anticipating any recent highs/lows to be broken, and with the pair marking an absolute high of 0.9718, it is not likely it will hit targets, however there is a strong possibility of it coming within 25 pips or so lower than the target.

Jignesh avatar
Jignesh 3 8月

With just 3 hour left to the target time, the pair is starting to make a bullish break out of it's 15m bollinger bands.  The average ATR for the pair is about 18.5 pips per hour, so it is able to come very close to targets based on time and average price movements.  The overhead resistance and previous highs should cap the price as it starts heading into 0.9710-0.9720

Jignesh avatar
Jignesh 3 8月

although the price was moving higher, lack of volatility prevented from exceeding 9683 at the time of close.  In hindsight, I could have put targets slightly lower as chances of it closing right at resistance are not always likely.  Either way the targets came close the price and analysis did show the right path. 

留言
Avatar

USDCAD up against resistance confluence

The USDCAD has been showing strong upside momentum for the last two weeks, but momentum was seen slowing down up against a resistance confluence area on the daily chart.
The chart below shows a combination of trendline resistance, channel resistance, as well as the 61.8% Fibonacci level from highs to lows.
阅读全文
翻译为 英语 显示原始
留言
更多