Community
Blog

Community Blog

Add post
Filtered by tags:  Daily Trendline
Avatar

AUDUSD 16 Nov 16

killer195175 Updated 16 Nov.  in #Trader's blog #Audusd #Downtrend #Daily Trendline #Trendline Break
Hello fellow traders, I am back after vacation.
Here I am with a perfect setup forming on daily chart and weekly chart of AUDUSD as well. My charts are self explanatory. In this chart as you can see that AUDUSD has broken weekly trend and now the fall may be deep.
Here I am looking for a target on the downside till .6827 but we can have some problems near .7151 levels.
On daily chart the price has already closed below trendline support.
If we sell here at the time of posting this the price is .7…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

Nice technical setup in USD/JPY

AdamFx42  in #Technical analysis #Trader's blog #USD/JPY #Daily Trendline
It seems that Usd/Jpy has a daily uptrend
If we look at the daily chart of Usd/Jpy we see a clear trend line
Every dip in the pair is bought, and it leading the pair higher
I have about 50K left to trade, and I will be buying the Usd
gl all
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

Leave a comment
orto leave comments
Avatar

NZD/CAD strongly Bullish, but resistance levels are looming

AdamFx42 Posted 24 Mar. as Analysis on NZD/CAD, Target: 0.9625, Date: 1st of May, 12:00 GMT  in #Technical analysis #NZD/CAD #Previous Highs #Daily Trendline #Strong Rsi14 #Weekly Fibonacci Expansion Target
Nzd/Cad is a strongly bullish pair at the moment, with previous highs being challenged
The weekly chart shows us a RSI_14 above 60, which is a bullish sign for the pair
Also the Fibonacci Expansion level of 61.8% of the last weekly move is just above the previous highs
I believe that Nzd/Cad will try to take out the previous weekly highs,
but it may be too much to break it on the first go - as this level is now a strong resistance area
due to the combination of previous high and fibonacci expans…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

4 Comments
AdamFx42 avatar
AdamFx42 28 Mar.

Pair has broken the trendline I drew on the daily chart, but 23.6% fibonacci retracement line
has stopped the move down, and pair is above the trendline again,
bullish and target already in sight

AdamFx42 avatar
AdamFx42 3 Apr.

Pair moving up after second test of trendline -- bullish looking now, towards target

AdamFx42 avatar
AdamFx42 8 Apr.

After yet another attempt at the daily trendline that I drew on the charts
pair fails to break below the trendline, so remains bullish
A strong move up happening now, should now target a break of 0.95

AdamFx42 avatar
AdamFx42 19 Apr.

The pair has moved below the daily trendline, and will have to break back above for my prediction to hold up

orto leave comments
Avatar

USD/JPY moving up to next resistence area

AdamFx42 Posted 14 Sep. as Analysis on USD/JPY, Target: 109.4000, Date: 3rd of November, 12:00 GMT  in #Technical analysis #USD/JPY #Daily Trendline #USD/JPY Bullish #Weekly Fibonacci Extensions #Resistence Area
Usd/Jpy is still very much a bullish pair, the only question is:
where is the next higher target at?
On the weekly chart I have drawn all the latest fibonacci expansion areas,
to see if any of them combine to form a area of resistence:
I have found a area of two combined fibonacci targets around 109.5, which seems a likely target by november
Usd/Jpy weekly chart
On the daily chart there is a trendline to be found, that may act as a support
after the next 61.8% fibonacci weekly target of the last…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

9 Comments
View 4 more comments
AdamFx42 avatar
AdamFx42 19 Oct.

Larger retracement than I expected has pushed the price down to Februari highs
Recovery is strong and swift from here, though - the pair making 160 pips in two days already,
I still expect my target to be within reach

AdamFx42 avatar
AdamFx42 23 Oct.

Beginning the upmove now - strong Usd, supported by stocks, 150 pips from target now

AdamFx42 avatar
AdamFx42 29 Oct.

FOMC decision just now has stregnthend Usd and it is poised to break 109 now - finally moving up from 108

AdamFx42 avatar
AdamFx42 30 Oct.

109 broken now - tomorrow is the last day of the contest and should see the price near my target :-)
110 is the next target for Usd/Jpy after it has been pierced once already,
after that the pair will probably move up to 111 - which would be new yearly highs

AdamFx42 avatar
AdamFx42 30 Oct.

The pair is on the move up again after some news from Japan indicating Jpy weakness
Usd/Jpy is now exactly on target of my prediction at 109.4 - nice
Resistance area starts here just above 109.5, 100% fibonacci expansion from weekly move up
in combination with other fibonacci expansions around 110,
I expect 110 to hold the price below until next week - support now around 109

orto leave comments
Avatar

EURUsd bouncing off weekly pivot and Fib expansion level

AdamFx42 Posted 16 Mar. as Analysis on EUR/USD, Target: 1.3670, Date: 1st of May, 12:00 GMT  in #Technical analysis #EUR/USD #Short #Retracement #Pivot #H S #Daily Trendline #Downward Breakout
Eur/Usd has hit weekly resistance 1 and top side of the daily channel trend-line,
and a retracement back down would seem in order,
fundamentally, the trouble in the Ukraine and the softer tone of the dollar
and the uncertainty on the fx market in general should support this move
If we take a look at the weekly chart we see the weekly R1 level at 1.3959 has been hit,
and I have drawn the most recent weekly trend-lines up
On the first daily chart we see a close up of the latest weekly move,
and t…
Read full story
Translate to English Show original

Since you are not logged in, we don't know your spoken language, but assume it is English
Please, sign in or choose another language to translate from the list.

– or –

3 Comments
AdamFx42 avatar
AdamFx42 24 Mar.

First big move down is done - now back up and re-testing neckline, if pair fails to break back up we should see a deeper move down taking out previous lows and towards my target area

AdamFx42 avatar
AdamFx42 14 Apr.

Failure to break the previous highs should lead to a deeper move down now - also lot of uncertainty in the market now concerning Ukraine which may speed things up

AdamFx42 avatar
AdamFx42 17 Apr.

Eur/Usd showing a bit of weakness now, we shall see

orto leave comments

Top bloggers

Blogger Posts / Likes

Top rated posts