


We are monitoring EURNZD -0.23% very, very closely, as we don't want to miss the upside impulsive movement that we've all been waiting for a long time. We have closed our previous long positions, as we didn't know how long this -nth correction would last. Now the correction, a five wave one, seems to be finally over, so we will be looking for buy setups on the...
The bigger picture on the daily timeframe. As mentioned, if the pair corrects with a nice structure that enables us to track and pinpoint further short setups, we will certainly post them. Final target of this big ABC correction in the 0.829 area. One of the best R/R and cleanest trading operations of the year, this one.
We hope everyone who has been following our analysis on this pair is in this sell. After a few headaches on a never ending diagonal, at the 5th sell attempt we finally managed to enter positions on the first break, and added position on the second break after the price broke the lower trend line of said diagonal. We don't think the price will correct with an...
We are monitoring EURNZD very, very closely, as we don't want to miss the upside impulsive movement that we've all been waiting for a long time. We have closed our previous long positions, as we didn't know how long this -nth correction would last, but now it seems to be a normal abc correction in a flat, so we'll monitor how the pair behaves at the lower trend...
Consolidation seems to be close to an ending point, for OANDA:GBPNZD -0.03% . We have followed this corrective structure for a while now, after great gains on the first big impulse to the downside. Now, according to our analysis, the pair is ready for another impulse to the downside, so we are monitoring it very closely, for another great short opportunity. Final...
A good short opportunity for OANDA:AUDUSD , which is in the process of forming a bigger corrective structure, which according to our analysis will take the pair to retest the lower trend line of the forming flat, and retest the previous low, making a lower low (0.7795 area). Updates on lower timeframes will follow. Trade with care and only with a backtested...
As per the title, OANDA:NZDUSD is consolidating a bigger correction to the upside at the moment, in a flat. The pair should retrace all the way up to the 0.5 - 0.618 Fib levels of previous downward movement, to later draw another impulse to the downside. We will monitor this pair closely and watch out for more sell setups, like for the previous downward...
Consolidation seems to be close to an ending point, for OANDA:GBPNZD . We have followed this corrective structure for a while now, after great gains on the first big impulse to the downside. Now, according to our analysis, the pair is ready for another impulse to the downside, so we are monitoring it very closely, for another great short opportunity. Final target...
As per our previous analysis, OANDA:XAGUSD is proceeding as expected. If you missed our previous long entry opportunity (click on the image link at the end of this post), there could be another chance coming soon. It seems to us that Silver is in an abc correction, on the 4hr timeframe, which would indicate another long opportunity when the commodity reaches...
On OANDA:EURGBP , we are opening short positions on the break of this small upside trend line on the 60min timeframe. The upside trend's momentum seems to be over, and OANDA:EURGBP is ready for some downside. Our stops are above previous high, which also happens to be a very precise double top on the daily timeframe (please check our daily chart underneath)....
OANDA:EURNZD is in a much bigger than expected consolidation pattern. At the moment, we are not sure if the pair will go all the way to retest the low in the 1.5234 area, making that a big abc correction, or it will hold the trend line, on the daily. So far we are taking profit on the positions opened in the 1.574 area, as surely the pair will come back to that...
OANDA:EURNZD 0.11% is ready for take off. Great risk to reward if you catch a great position to keep all the way to final target in the 1.9 - 2.0 area. Right now however, the pair seems ready for a kickstart and it is breaking consolidation structure on 4hr timeframe, so it looks like a great opportunity to go long. Stop loss below said correction structure. A...
EURGBP is at the moment in an ending diagonal, which should constitute the end of the up trend, for this pair. A great short opportunity, with an unchanged picture on the daily timeframe, with a "C" wave that should take the pair to the 0.8055 area, making this an outstanding trading opportunity (if we ever get to trade it). As the pair should be burning it's...
Incredible trading opportunities this year on EURNZD . After an almost two year long correction to the downside, and after a slow start, OANDA:EURNZD is ready for take off. Great risk to reward if you catch a great position to keep all the way to final target in the 1.9 - 2.0 area. We have two positions still open from the 1.468 area, and the other positions...
EURNZD 0.82% is going. Slowly but going. But also very slowly, almost too slowly. The momentum always kind of seems to be burning out, when a new upwards movement suddenly happens. We are long from the 1.4848 area, closed our long position in the 1.55 when it didn't hold the trend line , expecting one more down move. Then we opened new long positions at the...
Well, what can we say: even this trade is going really well. We are holding our long positions, obviously, until are forecasted target in the 1.525 area and more. For those who missed the long opportunity we posted earlier in late July the pair is forming a nice flag, which confirms it's intentions to proceed higher. The consolidation could be longer than...
We expected OANDA:USDCAD to retrace a little further up, or at least we would have liked to see it at the 0.38 or 0.50 fib, to play safe. However it seems to be breaking the upside re-bounce channel, so it seems a good idea to go short again. Tight stops on this one, above previous high only, as the channel could be expanding. As a matter of fact, at the moment...
A correction that lasted more than expected on EURAUD, later on today gave us a long opportunity on the break of the trend. If you aren't in the buy, wait for this impulse to complete itself, for a small flag/correction to complete itself, and buy the break of said correction. Stop loss below the correction, and first target in the 1.49 area, second target in the...