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USD/JPY holding its own near 110

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!

Hello Traders.
This video is dedicated to John.J Murphy .
Enjoy watching
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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.
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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. …
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salamandra avatar

13,248 И эта пара отработала понижение. Мои ожидания на рисунке и они сохраняются.

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salamandra 11 Feb.

13,3266 Цена двигается в направлении прогноза. Доллар медленно но восстанавливается по этой валютной паре.

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salamandra 18 Feb.

13,012 тренд в понижении. Розворота все нет и нет. Прогноз не выполним.

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salamandra 25 Feb.

12,9207 цена еще понизилась и отошла от прогноза.

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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…
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salamandra avatar

1,4086 Ожидания на прогноз сохраняются. Понижение принималось во внимание, так же и как восстановление.

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salamandra 18 Feb.

1.4177 вот цена и в районе прогноза. Оставшиеся время понятно что изменения будут. Надеюсь они сохранят вариант его исполнения.

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salamandra 25 Feb.

1,4040 Не поддерживающий протокол FOMC повышение процентной ставки  сделал не возможный бросок на ровном рынке и отодвинул цену от моего  прогноза. Да, сюрприз не ожидаемый, но это рынок и здесь возможны такие ситуации.

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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…
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fxsurprise8 avatar

The EUR/SEK has continued the slow downward slide and is now at 9.16, relatively far away from my target. But on the flip side, the sellers got rejected near 9.11 for the past two days.

As we noted in my post above, there' a lot of support between the 9.00 round figure and 9.20. Hopefully this is where the pair turns around and goes back into range mode.

fxsurprise8 avatar

The EUR/SEK is now trading at 9.17, slightly above the price noted in my previous update. After the slow drift lower, we're finally seeing some stabilization. The last few days saw ranges between 9.11 and 9.19.

This means that volatility is high and it would only take about a day to get the pair to my 9.23 target from current prices.

fxsurprise8 avatar

Euro strength is finally providing some tailwind to this forecast. Yesterday we yet again bounced from that 9.11-9.12 level. The EUR/SEK then moved higher from 9.17 to close to 9.19.

My forecast has proved generally correct so far. While the shorter-term monthly range was pierced somewhat, the longer yearly range is still intact. 

Let's see how this ends up, the contest is nearing the end.

fxsurprise8 avatar

The EUR/SEK had a large move on Friday, from 9.1565 to a high of 9.2084. We closed the month at 9.19744 (bid) and 9.20344 (ask). The low liquidity ahead of the weekend worked against me here, as it pushed my bid lower then it would've been in normal trading hours.

The contest period ends on May 1st at 12:00 but that falls on a Sunday. It's a bit unusual to take a snapshot of prices during this illiquid time. Other contestants tell me that in previous periods when the contest ended on a weekend Dukascopy used the prices from the following Monday at 12:00.

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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.
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Slightly higher than Brent forecast

Slightly higher than Brent forecast
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Currency Correlation

  • A —– C C —– B
AC*CB=A/B
(GBP/USD)* (USD/JPY)= GBP/JPY
  • A —– C B —— C
AC/BC=A/B
( EUR/USD) / (GBP/USD) =EUR/GBP
  • C —– A C —– B
CB/CA=AB
(USD/CHF)/(USD/JPY)= CHF/JPY
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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:
  • Who is behind the market moves;
  • How to use USDX to qualify setups;
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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…
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Giorgio3 avatar
Giorgio3 5 June

High Great article - very nicely done !!!

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