Market Analysis - Forexmospherians.com

As shown by the money organizers at UOB Group, there is still space for the EUR/USD to test the 1.2200 level multi week from now.

Key Comments:

24 hour see: "The EUR/USD made another high of 1.2177 last Friday (high of 1.2175 on Thursday) before offering way to deal with close to some degree bring down at 1.2120 (- 0.16%). While the overall move from the high is seen as a component of a more broad blend stage, the weakened principal tone proposes there is space for EUR/USD to go down to 1.2090. In

current snapshots, as the crow flies

Hihi

Possible double pattern emerging on the weekly, which considering where we are at in the Brexit negotiations it makes sense.

Like everything in life, patience delivers some of the most important things and in the trading world it really helps with timing. Timing makes the greatest difference for entry and exit points, even if you know the right direction of the market, when you enter too early, waiting for right direction and growing a negative trade, the equity can influence your mind and force you to exit just before market turns in your favor.

Anyway, my market analysis is the current EURUSD direction for the time

A quick look at my dynamic support and resistance railroad lines as well as my moving averages.

As you can see price action is ranging upwards in this dynamic rising channel so we will need a small timeframe to analyse for entries here.

It has been a while since my last blog, not sure if I can still write some thoughts down on a paper, so let's try=))

During our trading journey, we often wonder how the market behaves on the price charts. Every one of us employ different methods and views so he can trade his edge comfortably. Some of which can be the market harmonics or market geometry trading... One law stated by very well-known Alan Hall Andrews says that the market reaches the median line in 80% of time (hopefully I remembe

Happy New Year to all FxMosPherians! Let the pips come with you... :))) 

In general we might see some USD pullback, in regards to that GBPJPY is resting on support for the end of the week, so in conclusion we might see some pullback soon.

This pair is still being held up on dynamic support and breaks on up through a declining resistance range level.

How things get messed up, we had a nice long USD bias until something went upside down, and now we have retracement which can go into sideways, complete turn, or just mess things up with long retracement and then again long bias.

Anyway this is more closer look on USDSEK, because there are enough looks on EURUSD

now we have what looks like giant bull flag on weekly, which can last for a long time, anyway here is a pic

we can see that we are near of the top line, breaking that would singal longs

BTC/USD is currently testing its 2 months lows. There are as always, three possibilities. Either it will go up, down or sideways. For now, let's think about the two, up and down.

Boucing off and holding important level of $6,000 seems like we can hold it for longer. Important to note that this level has also been refused several times. Should therefore be the HODLERs happy with the current situtation? No. The trend is still pointing down and if we can break the $6,000 level, it will get worse an

Technical Analysis EURUSD GBPUSD AUDUSD | Now we are Free (but we always have been)

5 time frames are analysed for each pair and the bias is then posted. If the market bias is still being upheld despite a move against the bias, then it will still be regarded as bull or bear respectively. This is because Price action rises and falls in any given time frame and market. When price action reaches a state of neutral in the original bias it is possible that the bias can be regained or broken entirely

This is not just electric power but Alt view on trading combining mostly psyhological expectations of market participants.

Viktor and his expression in the spirit of Wasily Kandinsky inspired me to this post... :)))
Forexmospherian in Art ?
Green and Red

Just doodling around

I am going to identify some key areas of support and resistance on some of these FX charts as the market reveals itself, plus identify historical support and resistance price levels which could allow me to carry my trade or close.