EURUSD is bearish due to the bullishness of DXY. I see a further downside move taking place and I will be looking for shorts to catch this. This pair will respond to DXY moves.
GBPUSD - WEEK 11 GBPUSD is simply responding DXY and DXY WILL lead from here. I have set the support and resistance lines for the week ahead ready to trade breakouts.
GOLD - WEEK 11 There were some dovish war statements today which is why GOLD and OIL saw deep effects. GOLD is looking to make a new lower higher and I believe we have further to fall before we move off again unless there are some fundamentals which send us haywire again. GOLD is a lot better structured than it was before but again like everything it is...
USOIL - OUTLOOK 11 It has been a very very slow week for us, only 138 pips profit booked and a 50% accuracy for our trades (4 taken in total). If you are struggling to trade these conditions it is through no fault of your own. Due to the impulsive moves the charts have no structure and we are fundamental led. No matter what analysis you apply it can be undone in...
GOLD - WEEK 10 Right now I am writing to inform you we are in a global recession, it's inevitable and I'm calling it now ahead of your governing body in your country 4 to 5 months before they officially announce it. GOLD will reach 2181 in the future but I will not be calling the point it will move to there from as GOLD is more sensitive to fundamentals then my...
Traders I come to you midweek with outlook 10 for good reason. I told members I would let the market move about at the start of the week due to the large bullish gap and impulsive moves. All FUNDAMENTLS have been called correctly and the most recent one which was the banning of Russian energy exportation, I wonder where this was written over a week before...
USOIL - LONG TERM All you have to do is read the last USOIL outlook to see the all the market projections for the week came through within the first 30 hours of the trading week. OIL opened with a huge gap which will stay unfilled unless there are positive peace talks with Russia or other positive data come out for OIL. To members I stated earlier today $185 is...
NASDAQ - WEEK 9 The stock market pushed higher as commodities fell. I have no confidence in the stock market due to its extreme vulnerability. NASDAQ is moving between lines marked and I will be interested in a sell from 14500.
GBPUSD - WEEK 9 GBPUSD finally broke it's consolidation region and dipped lower as DXY turned bullish due to it being a safe heaven. I will monitor the pair closely for any scalps but ultimately DXY will lead from here. Positive news from UKRAINE will cause a sell off DXY causing this pair to rise, any negative news and this pair will dip further.
GOLD - WEEK 9 GOLD has an impulsive move up due to obvious reasons in eastern Europe. GOLD is a safe heaven during times and it's having some pullbacks from it's bullish move. I would recommend reading my financial warfare post as it covers a more in depth situation as to what can be triggered by this war. I believe GOLD has the potential to dip further and I...
USOIL - WEEK 9 At this moment in time it is absolutely pointless mapping any form of technical analysis on the likes of WTI, Gold and other pairs due to the heart breaking situation ongoing in eastern Europe. Everything written up regarding SWIFT has now happened (It was no surprise as it was the only way for the outside world to cripple Russia without war). This...
Good Afternoon welcome to a different type of post. Let's clear something up immediately, this isn't a TA post, it's more informative than that. I am like a parrot when I keep repeating fundamentals will be seen before technicals which is exactly what has happened. I have marked the next price points for WTI and the potential for an ATH in a worse case scenario...
WTI - OVERVIEW WTI followed analysis perfectly and tapped $90.70 which was our TP 2 region for 365 pips. WTI saw the reversal back up from here but failed to break the HL and the daily closed fairly neutral. I am somewhat bearish and bullish on WTI. As explained previously positive Russia news and Iran entering the market will cause a mass sell off and right now...
WTI - Market outlook. Last week we did well on WTI taking some big trades and a few scalps, this week we have smashed it straight away. All projections have been followed to perfection and altered along the way when needs be. A new Higher Low was created in the bearish channel and we have secured over 300 pips today from this move. We are anticipating more...
This post is likely to get a lot of hate but I am simply providing 2 scenarios for ETH. Scenario 1 - Blue arrow. BTC remains dominant overall crypto pairs even ETH although it's proving itself by having gained interest in blue chip companies like Microsoft. I am a HUGE fan of ETH and believe in the future it will be a major leader in the crypto space (more than...
GBPUSD - WEEK 8 GBPUSD followed projections to perfection and met the extension within the pip! Now DXY will take the lead from here and will have control over this pair. A bearish DXY will give us a bullish situation where I would like to see a higher low made to enter from and target 1.37450. If DXY turns bullish then the pound will fall surpassing 1.35000 and...
US100 - WEEK 8 US100 respected analysis perfectly and fell off below 14500 as predicted, this is now in a very strong down trend and more bearish pressure can be expected. The great recession is coming mark these words. Stock markets and currencies will suffer. Should US100 continue it's down trend then it's likely 12000 will be met. I will simply be trading...
GOLD OUTLOOK - WEEK 8 Gold closed extremely bullish and should breach 1900 early next week, 1908 will act has the first resistance point but this will be intraday and minor. The next region is the blue zone which is a sell off point but just above it is the maximum threshold line. Anything above this line and it's like gold will push 1950-1975 and quickly. GOLD...