Forex Technical Analysis 3S18

in #forex7 years ago (edited)

XAGUSD

Screen Shot 2018-01-21 at 7.34.30 PM.png

  • If you take a look at My blog page, maybe you will be able to see a ​correlation between Gold and Silver or you can use tradingview to compare XAUUSD with XAGUSD.
  • I am short(in my mind) both, but because cargo ships full of Gold from Mars are not coming yet I am going to short(for real, because I like that close price of 16.999) silver and wait for it to come down.
  • Going to buy when it touches(not break) the support which is forming since Q3 2001.

AUDpairs

AUDUSD

Screen Shot 2018-01-21 at 8.25.16 PM.png

AUDCHF

Screen Shot 2018-01-21 at 8.40.40 PM.png
Seems like this one likes to break trendlines​. Interested in trading the long-term channel.

AUDNZD

Screen Shot 2018-01-21 at 8.47.12 PM.png
This was a nice trade. I missed this bounce real nice.

AUDCAD

Screen Shot 2018-01-21 at 8.51.39 PM.png
Buying bounces from support.

CADpairs

I don't like those weekly charts of CADCHF and CADJPY. I need some fundamental thoughts on CAD. Not trading this but there are some bounces from a top trendline on CADJPY daily:
Screen Shot 2018-01-21 at 9.15.43 PM.png
Could break the blue trendline, that would suggest a ​move to 80.

CHF-pair

I don't like weekly CHFJPY chart either, seems to be all over the place. Wanted to share this daily chart​​ last week, would be a nice​ trade(I decided not to trade):
Screen Shot 2018-01-21 at 9.24.12 PM.png

EURpairs

EURCZK

EURCZK_D.png
Really pissed off I couldn't trade this because of high iterfuckingest rates. Started to go down after ČNB canceled an​ exchange​ rate commitment.

EURUSD

Screen Shot 2018-01-21 at 9.38.02 PM.png
Going to short this one, but regarding the ​not good situation (government shutdown) in the ​ USA I think it could break.

EURNOK

OH look at this.
Screen Shot 2018-01-21 at 9.43.23 PM.png
Nice jump and nice downward​ potential. Don't know where to sell :(.

EURCHF

EURCHF_W.png
I think​ they are wealthy too much in Switzerland. I hope EURCHF will go up to 1.8000.

GBPpairs

GBPDKK

Screen Shot 2018-01-21 at 10.02.07 PM.png
Deeply thinking about buying this. Really nice fight for that support. This trade could take 4 years. Not bank Not trading.

GBPNOK

Screen Shot 2018-01-21 at 10.17.14 PM.png
Weekly chart, trendline starts 26.07.2016. Positive swap, this would be a nice trade(as always I missed).

GBPCAD

GBPCAD_W.png
Going to WAIT FOR IT buy. Should buy in September 2017.

GBPCHF

Screen Shot 2018-01-21 at 10.25.09 PM.png
Nice rounded bottom, looks similar​ to a rounded bottom on GBPJPY. Positive swap. Should hodl already.

GBPAUD

Screen Shot 2018-01-21 at 10.31.40 PM.png
I am buying this take-off.

GBPCZK

Screen Shot 2018-01-21 at 10.36.22 PM.png
Nice downtrend trendline. I already bought GBPAUD, don't like the high swap from my broker. Also long term AF.

NZDpairs

Nice country but charts are not so nice.

USDpairs

USDMXN

Screen Shot 2018-01-21 at 10.52.37 PM.png
Back B-B-B-back to that trendline. Do you know that song?

USDCHF

Screen Shot 2018-01-21 at 10.57.29 PM.png
Buying bounces up, could break down easily.

USDJPY

Screen Shot 2018-01-21 at 11.03.13 PM.png
I sold this at the end of 2017, should hold longer. Going to sell again bounces from top trendline. I am sure when I do sell the inevitable reversal will come.

USDCZK

Screen Shot 2018-01-21 at 11.07.27 PM.png
I think it's good idea to try buying bounces from the bottom trendline.

USDWTI

Screen Shot 2018-01-21 at 11.11.48 PM.png
I made most of my profit on forex on USDWTI. I was always short because of a starting electric vehicles boom. WTF is going on right now I have no technical/fundamental clue.

Summary

Going to sell: XAGUSD, EURUSD
Going to buy: GBPAUD, USDCHF

Questions

  • Why is there the jump on EURNOK?
  • What implications will the government shutdown in the ​USA have?
  • Do you know any sources with longer-term​ charts?
  • Any fundamental thoughts from you?
  • What do you think about my English​ grammar?

Risk disclosure​: Not a trading advice
Sources: tradingview.com, mind

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