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Your weekly forex outlook (week 17)

26298   April 20, 2019 11:53   beerbongs   Market Opinions  

Hi fellas, it’s been a while, I would make something up like “I was busy” or “I had urgent business to attend to”, but the truth is I have just been too lazy to do community analysis. Anyways, I’m back now and here it is:

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Your Weekly Forex Outlook (sort of)

18541   December 24, 2018 09:23   beerbongs   Market Opinions  

CHRISTMAS CHRISTMAS CHRISTMAS CHRISTMAS CHRISTMAS CHRISTMAS CHRISTMAS CHRISTMAS (more…)

Your Weekly Forex Outlook

18001   December 17, 2018 02:04   beerbongs   Market Opinions  

The USDollar Looks very bearish for the next couple of weeks, the technicals indicate a reversal on the Daily chart and 4h chart. The index made a quadruple top between 97.5 and 97.7. The Index level remains above notable moving averages and divergence indicated a break to the downside. I expect the first part of the week to be a consolidation between 96.9 and 97.7, but sometime this week, or next week I expect a break below trend and a test of the 96.4 level. Bare in mind that US GDP and the base rate decision are this week, which could make or break these levels. (more…)

Your Weekly Forex Outlook [50.2018]

17450   December 9, 2018 23:20   beerbongs   Market Opinions  

The USDollar appears to be in consolidation, after putting in a reversal chart structure, I expect a bearish first half of the week, as it has broken several support levels last week, but I do expect a strong rejection from the 50 SMA midweek. Bare in mind that the USDollar will b very volatile this coming week, with a lot of macro economic data being released throughout the week, including inflation and a Fed speech on Wednesday and retail sales on Friday, as we all know this is a huge indicator of business and consumer confidence, which in light of all the political turmoil is very important. (more…)

Your weekly forex outlook [47]

15837   November 19, 2018 09:23   beerbongs   Market Opinions  

The USDollar is on a strong downward leg in an overall uptrend, so I would say that Monday and Tuesday will be overall bearish, and depending on how the DXY reacts to its lower trendline, it could reject and start its upward trend. If it breaks below, it is likely to continue to its lower trend as there is little in the way. Things to bear in mind: There is a lot of macroeconomic data being released this week, paired with a national holiday in the US on Thursday (thanksgiving). Expect a lot of patchy volatility in USDollar pairs.

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Your Weekly Forex Outlook [46]

15251   November 12, 2018 15:22   beerbongs   Market Opinions   USDX

The US Dollar appears to be on a retracement run from last weeks weakness, so I expect the US dollar to be bullish for the majority of this coming week, but I do expect a strong pullback (clear from indicators, above moving averages, high strength etc) from its inner uptrend line (If it succeeds in breaking above the 97.00-97.2 band). (more…)

[STOPOUT] H4 Sell GBPAUD

12691   October 5, 2018 11:33   beerbongs   Forex Signals   GBPAUD

H8 Sell GBPAUD

Sell Limit 1.84549 1.84974

SL 1.85483

TP1 1.8251 TP2 1.81131 TP3 1.8001

[COMPLETED] D1 Sell USDJPY

12387   October 2, 2018 13:00   beerbongs   Forex Signals   USDJPY

D1 Sell USDJPY

Sell limit 114.311 114.699

SL 115.701

TP1 110.850 TP2 108.441 TP3 106.913

[COMPLETED] W1 Buy NZDCHF

11419   September 20, 2018 05:47   beerbongs   Forex Signals   NZDCHF

W1 Buy NZDCHF

buy current price 0.63361

SL: 0.628

TP:0.6622 (38.2% Retracement)