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  • #21,841
  • Aug 31, 2015 3:21am Aug 31, 2015 3:21am
Most important release for EUR last week was German inflation which came out to be better then expected, while USD was boosted by a better-then-expected GDP (3.7 %) which is a sign of US economy expanding. EURUSD dropped to 1.1170 zone on end of month ( EOM ) profit taking.
Technically EURUSD is contaied within a bearish equidistant zig zag after touching 1.1700 zone and we can see that 1.1250 couldn't have withstood bearish pressure. POC ( H4, 61.8, EQ channel top ) comes in 1.1250-60 zone and there could be rejection towards 1.1170 , 1.1105 and 1.1030. We could expect some buying in the lower zone ( 1.1105 / 1.1030 ). MACD is showing a slow grind withing its own channel while still below 0 line which indicates bearish momentum even on H1 timeframe. Bearish zig zag is valid as long as 1.1310 is not broken.

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  • #21,842
  • Aug 31, 2015 4:25am Aug 31, 2015 4:25am
We see EURUSD rejecting from POC, bearish EQ channel in play
  • #21,843
  • Aug 31, 2015 5:45am Aug 31, 2015 5:45am
ACCU Pivot Point table for GBPUSD


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  • #21,844
  • Aug 31, 2015 6:37am Aug 31, 2015 6:37am
Hi guys, this is the link to my FREE webinar today. Session recap. Will do pre fact and real time analysis with entries, SL and TP

https://goo.gl/jGZYgy
  • #21,845
  • Aug 31, 2015 6:55am Aug 31, 2015 6:55am
Quoting T@rantula
Hi guys, this is the link to my FREE webinar today. Session recap. Will do pre fact and real time analysis with entries, SL and TP https://goo.gl/jGZYgy
my work donīt aloud me to watch canīt drive and see at the same time iīll watch record if you put on the site as allways T
Scalping
  • #21,846
  • Aug 31, 2015 7:33am Aug 31, 2015 7:33am
Quoting guguxpto
{quote} my work dont aloud me to watch cant drive and see at the same time ill watch record if you put on the site as allways T
I think it will be uploaded on Tuesday.
  • #21,847
  • Aug 31, 2015 9:49am Aug 31, 2015 9:49am
Quoting T@rantula
Most important release for EUR last week was German inflation which came out to be better then expected, while USD was boosted by a better-then-expected GDP (3.7 %) which is a sign of US economy expanding. EURUSD dropped to 1.1170 zone on end of month ( EOM ) profit taking. Technically EURUSD is contaied within a bearish equidistant zig zag after touching 1.1700 zone and we can see that 1.1250 couldn't have withstood bearish pressure. POC ( H4, 61.8, EQ channel top ) comes in 1.1250-60 zone and there could be rejection towards 1.1170 , 1.1105 and...
currently 70 pip rejection from POC
  • #21,848
  • Sep 1, 2015 2:40am Sep 1, 2015 2:40am
EURUSD and GBPUSD ACCU pivot points

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  • #21,849
  • Sep 1, 2015 4:10am Sep 1, 2015 4:10am
Not surprisingly RBA decided to put rates on hold , leaving rates unchanged. During RBA monetary policy meeting it was concluded that the inflation forecast is consistent whereas low interest rates support both borrowing and spending. RBA statement caused just a small bounce in the pair effectively leaving the pair within the sideways range.
Technically last 10 days AUDUSD has been trading below 0.7200 and any rallies toward have been a chance to short it further as I have stated before. The pair shows hidden divergence and compression triangle shows a possible breakout soon. Hidden bearish divergence is telling us that the pair is ready to proceed down possibly testing 0.7070 and 0.7020. Anyway, for trend traders some pullback is required as R:R is significantly higher then. POC comes around 0.7205 spot and if 0.7230 stays strong , another good opportunity for short is there. Historical sellers, 50.0 fib, Divergence top all constitute a strong POC and upper trendline of the triangle will be adjusted then too for additional resistance.
AUDUSD is bearish targeting 0.7070, 0.7020 and 0.6990 but the decision should be about either going for a breakout trade or a classic pullback trend trade.
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  • #21,850
  • Sep 1, 2015 7:05am Sep 1, 2015 7:05am
Going as it should - standard CAMMACD breakout trade

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  • #21,851
  • Sep 1, 2015 8:08am Sep 1, 2015 8:08am
Hi T@rantula

what is your view on EurUsd that it was earlier bullish move despite GbpUsd and AudUsd shows weakness? Thank You.
The true fact is market doesn't care, risk mgt is important.
  • #21,852
  • Sep 1, 2015 8:11am Sep 1, 2015 8:11am
New USDCHF analysis via FXstreet

http://goo.gl/IouuxK
  • #21,853
  • Sep 1, 2015 8:40am Sep 1, 2015 8:40am
Quoting Ssm
Hi T@rantula what is your view on EurUsd that it was earlier bullish move despite GbpUsd and AudUsd shows weakness? Thank You.
Watch USDCHF analysis its correlated to EURUSD. When UC starts falling EU should rise. 1310 was broken today, i warned about potential longs on EURUSD.
  • #21,854
  • Sep 1, 2015 9:20am Sep 1, 2015 9:20am
AUDUSD has reached its first target.
  • #21,855
  • Sep 1, 2015 9:24am Sep 1, 2015 9:24am
nice ride thanks ; )
Scalping
  • #21,856
  • Sep 1, 2015 9:32am Sep 1, 2015 9:32am
Quoting guguxpto
nice ride thanks ; )
You are welcome!
  • #21,857
  • Sep 1, 2015 9:49am Sep 1, 2015 9:49am
Quoting T@rantula
{quote} Watch USDCHF analysis its correlated to EURUSD. When UC starts falling EU should rise. 1310 was broken today, i warned about potential longs on EURUSD.
Currently the eur/usd move is the hardest to foresee...
It can be at both ways...
Currently its struggling to hold on to 1.125...
Seriously I really don't know how to predict this pair...
  • #21,858
  • Sep 1, 2015 10:06am Sep 1, 2015 10:06am
Quoting fx-anew
{quote} Currently the eur/usd move is the hardest to foresee... It can be at both ways... Currently its struggling to hold on to 1.125... Seriously I really don't know how to predict this pair...
its harder then other yes. But instead of focusing EURUSD only, watch GBPUSD, AUDUSD, even USDCHF - much easier then EURUSD. Especially Aussie. Short into rallies, go with breakouts.
  • #21,859
  • Sep 2, 2015 1:50am Sep 2, 2015 1:50am
AUDUSD has hit all targets.
  • #21,860
  • Sep 2, 2015 2:41am Sep 2, 2015 2:41am
If you remember my past article about EURUSD on 24.AUG I warned that 1.1255 is crucial for EURUSD upside. EURUSD dropped mainly because of Chinese equity markets, Shaghai index and EUROSTOXX50 futures especially at London open. Some hawkish comments about possible rate hike also gave boost to USDx which additionally lowered the pair. Yesterday we saw 2 rejections from 1.1260 each for 50+ pips and finally 1.1260 level was broken again. PMI rose to 53.3 from 51.8 and it better then preliminary estimate.
Technically we can spot HUGE Bearish M pattern which went below 1.1260 and it stopped at 1.1155 .EURUSD was sold subsequent spike to 1.1260 ( green circles ) and we can easily spot Historical vs Now moment sellers. Last drop from 1.1260 was good for intraday shorts but now the price is heavily bought from BUFFER ZONE. BUFFER zone shows clear levels which we should be focused on.
Historical PA shows BPC pattern at 1.1260 (1) so my conclusion is – as long as EURUSD is above 1.1260 it is bullish and below 1.1155 it is bearish. MACD is gaining a possible momentum ( when above 0 line ) so above 1.1260 we can expect 1.1360 and 1.1395. Only h4 close above 1.1395 will target 1.1500 again.
Below 1.1155 we can expect 1.1000 but so far this looks like a bullish price action with a possible scope for 1.17 retest.
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