Forex Technical Analysis 3S18
XAGUSD
- 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
AUDCHF
Seems like this one likes to break trendlines. Interested in trading the long-term channel.
AUDNZD
This was a nice trade. I missed this bounce real nice.
AUDCAD
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:
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):
EURpairs
EURCZK
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
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.
Nice jump and nice downward potential. Don't know where to sell :(.
EURCHF
I think they are wealthy too much in Switzerland. I hope EURCHF will go up to 1.8000.
GBPpairs
GBPDKK
Deeply thinking about buying this. Really nice fight for that support. This trade could take 4 years. Not bank Not trading.
GBPNOK
Weekly chart, trendline starts 26.07.2016. Positive swap, this would be a nice trade(as always I missed).
GBPCAD
Going to WAIT FOR IT buy. Should buy in September 2017.
GBPCHF
Nice rounded bottom, looks similar to a rounded bottom on GBPJPY. Positive swap. Should hodl already.
GBPAUD
I am buying this take-off.
GBPCZK
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
Back B-B-B-back to that trendline. Do you know that song?
USDCHF
Buying bounces up, could break down easily.
USDJPY
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
I think it's good idea to try buying bounces from the bottom trendline.
USDWTI
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