The Turkish Lira is in free fall and the trend does not appear to be ending any time soon with its exchange rate against the world’s major currencies accelerating as exemplified here below. Turkish Lira / Japanese Yen Monthly Exchange Rate Swiss Franc / Turkish Lira Exchange Rate US Dollar / Turkish Lira Monthly Exchange […]
The Euro ( EUR ) Should Weaken Against The US Dollar ( USD ) Until The...
CADCHF Is As Weak As It Can Get
AUDCHF Is A Compelling Short From A Long Term Perspective
Turkish Lira May Strengthen From 5.58 Resistance Area
Weekly EURAUD Bull Candle Taking Shape
EURAUD Has Massive Upside After It Broke Above 9-Year Resistance
Breakout Above 9-Year Resistance On 28 Feb we identified a major breakout on the EURAUD forex pair and commented the monthly price chart with: The pair broke out above a nine-year falling resistance (blue line) and has traded within a narrow range for the last three years similar to what happened from 2005 to 2008. […]
EURUSD scenario follow-up – What we delivered and what is to come
Predicting the corrective move In our initial analysis titled “EURUSD – Time has come for a dearly needed correction” we posited that a correction should take place on the pair due to the price meeting a strong resistance area on the yearly, quarterly and monthly time frames: And therefore the following corrective move was suggested […]
Follow-up on offered strategies
Follow-up On Offered Strategies Everything on this blog is FREE and should stay so. For the sake of transparency and clarity we will strive to progressively improve the way the follow-up is done. Investment and trading strategies and recommendation are made for various asset classes such as stocks, forex pairs, cryptocurrencies, commodities, precious and energy […]
EURUSD – Time has come for a dearly needed correction
Following a prolonged bull run the EURUSD pair finally meets with a lead cover as it receded after hitting the yearly and quarterly moving averages (circled on the corresponding price charts here below): It has also formed a weekly dark cloud cover after encountering the upper volatility envelop boundary (circle on the weekly price chart […]
TRYJPY – Buy the breakout above 32.2
In previous posts I mentioned the probability for a longer term trend reversal in the USDTRY and EURTRY pairs to the downside. Therefore it is less about the Euro or the Greenback turning weaker but more about a battered down Turkish Lira regaining strength that should as well naturally be reflected in other currency pairs […]
EUR/CHF – The Swiss Franc Lowers its Guard against the Euro Trooper
Let’s address the $EUR/CHF pair from a dynamic technical analysis viewpoint with a multiple time frame approach. It may look a bit complex and somewhat too technical for the layman but with some explanations it will become very clear. The graph presented is on a closing basis from Thursday, August 17 2017; by the time […]