peterbokma

peterbokma Updated 

The pair is same as other pairs, in BUY mode (USDX higher etc). OIL is stead, and any action could lead to another attempt pushing OIL price higher. we have two items to consider, one being USDX upward potential, and second, OIL price increases. Technically we are overbought short-term and even 6-hourly is starting to look this way. We are above the reg.channel...

peterbokma

GOLD is still under selling pressure, indicators 9slightly) but below cloud is crucial and feels we may see $ 2,267 test in the near future. we are perhaps tiny oversold, and for that reason strategy is: SELL @ $ 3,350-3,375 and take profit near $ 3,275 for now.

peterbokma Updated 

The pair has moved down sharply, and as always, any news can change direction quickly as we have witness again and again. Caution always is warranted. The #D chart is still upwards, even though a pause, and down move do0es not negate the over all situation, however short-term, we are seeing weakness and we broke through support 17.8900 and signaling lower levels...

peterbokma

W are observing a breakaway gap (possibility), and this means we will move higher over time, which is in line with 3D chart posted some days back. The market is uncertain, and any escelation or threath, should keep USD firm, and the chart merely reflect this situation. Crypto has come under pressure, meaning asset are shifting. Strategy BUY @ 18.0150-18.0300 (or...

peterbokma

Etherium is under pressure, and the many stories predicting crypto becoming very high value, even more we already have observed, makes one wonder. From a technical perspective, it is on the way towards $ 1,750 and I feel we may see lower than that. we are negative medium-term and considering the LONG position and large unloading in BTC last few days, I feel this...

peterbokma

The pair is still on the BY side, even though short-term charts may suggest slightly lower. The issue is, that any involvement by US may cause a spike of US dollar, and technically the pair has a chance to correct to 18.4200 FIB before we see recovery. So be careful, and perhaps the BUY side may help in this case, and I feel it starts looking this way as I had...

peterbokma Updated 

The pair reached first near 18.1350 and thereafter corrected to 17.9200 area. This was a minor correction, and now we are still slightly positive, and we may see back 18.1300-18.500 before a move lower again. One should consider, when US involves themselves, the USD will initially strengthen, but in the sessio0ns to come we should observe weakness Strategy SELL @...

peterbokma Updated 

The pair is overbought, and we are trading around a resistance line 106.73. The indicators are not as yet negative, but considering the pattern, and also how much is has moved higher, the chances are seeing a decline in the coming sessions. Strategy SELL @ 106.50-106.90 and take profit near 105.17 for now.

peterbokma

The pair is slightly overbought, and we are nearing the top of the channel. Indicators are not as yet negative, however, it feels we may have seen near the top for now, and it may be worthwhile to start scaling in on SELL side slowly. Strategy SELL @ 0.8550-0.8575 and take profit near 0.8463 for now.

peterbokma

The pair spiked and the "cautious" SELL idea did not pan out as we never had the break of 17.7500 support area. Right now, we are at the top of the channel, and even though it may spike above it, gravitational forces may likely drag it down again, as we are slightly overbought as well and a return towards 17.80s is possible. The USDX moved higher as well, but...

peterbokma

the pair is drifting lower in silent mode :) it feels we may have an attempt to break 17.7500 area and if successful on close, the possible should-head-shoulder top may be something to think about. Medium term i see still see higher, however, short-term we are not out of the woods as yet, and the USDX is under pressure as well, so like we will embark...

peterbokma Updated 

The pair has first moved higher due to the fundamental pressures, but seems to trade side ways to lower. Indicators tend to suggest lower levels again, and feel that 17.7500 area could be seen short-term. Strategy SELL @ 17.9000-17.9500 and take profit near 17.7650 for now.

peterbokma

The pair looks a BUY from a medium-term perspective. we have lower RSI area and also a positive MACD and Fisher form, and others. There are some short-term pressures downside, but overall picture feels we may see movement back towards 18.40s in the medium-term. Strategy BUY @ 17.7500-17.8150 area and take profit near 18.3750 for now.

peterbokma

The pressure is still upwards, but overall we are close to a reversal considering the ascending triangle, the Hammer Top and overbought RSI. We may still see 1.1650-1.1700 area before the correction, but feel we slowly should scale into a SELL mode. Strategy SELL @ 1.1625-1.1675 and take profit near 1.1250 area.

peterbokma

GOLD is overbought but we monitor $ 3,425 area.. resistance trendline. However, RSI is quite high, so even if we spike above it.. we should scale in nicely and ADD to SELL.carefully. Strategy SELL @ $ 3,415-3,440 and take profit near $ 3,278 for now. However, even we spike above resistance, we may opt out of position and re-enter a SELL or ADD carefully on way...

peterbokma Updated 

The pair made a sudden rush upwards, whilst we have negative USDX and other currencies and stronger GOLD. This places caution on BU*Y side, however noting we are improving on the pair its USD value stance. The resistance 17.8150-18.8500 and 18.9500 are the areas to watch. Strategy BUY @ 17.7350-17.7650 and take profit near 17.9350 for now.

peterbokma

The pair is on a positive note, i.e. weakness USDX but is starting to become very overbought. We may see slightly higher levels near 1.1650 area before we start our corrective action. Strategy SELL @ 1.1645-1.1675 and take profit near 1.1427 for now.

peterbokma

The index is changing tune, but we should comfortably move beyond 98.60 before I feel we may have a chance to test 99.10 area. The chances are there, and perhaps this is start ofmit, but kindly wait and see a confirmation for it. Strategy BUY @ 98.50-98.75 (on break) and take profit near 99.78 for now.