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Market Analysis - Forexmospherians.com

Market Analysis Blog is the traders navigation page for quickly referencing the latest updates for this category and adding Market Analysis posts.

 Share your Market Analysis with the community but try to avoid just simply posting a Chart, link or video and saying this is great. Explain what makes it great or how this was useful. Sometimes the Market Analysis is crystal clear to experienced traders but they will remain a mystery to anyone not seeing what you know. So say what you enjoyed about it or describe why you made that Trade, came to that Market Analysis or set of results. 

Daniel Stasziek

2017 (30)

We have witness a really strong bull market for EURUSD so far this year. So in my view, the market has just reached the 1st half of a bigger move upwards. The market currently refused 1.2 with Head and Shoulders chart pattern, so it is more than likely that some shorting EURUSD is ahead, but caution is required as all market sentiment can revert back to the bull market at anytime.

A strong argument for EURUSD long as described in my comments to…

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GBPAUD | Foreign Exchange Markets

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GBPAUD Technical Market Analysis:

Main Trend broke the downtrend to begin a bull market.

Currently held at support and resistance which is identified on the Forex chart above.

Smaller timeframes required to day trade or scalp.

Looking for a break of s/r. Will keep a close…

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Synchronicity in philosophy is regarded as experiencing two or more events that are causally unrelated but are experienced as occurring together in a meaningful manner. It was first described by Carl Jung in the 1920s. There are various definitions and interpretations of the theory and in places opposed or dismissed but as usual it is best to let the reader decide if and when…

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GBP-JPY Forex Chart Patterns Long

1498391?profile=RESIZE_1024x1024Forex Technical Analysis with Chart Patterns, Support and Resistance, Multiple Time Frame Analysis

GBPJPY break long 1 Hour Channel - Support INV, MC plus MC PLUS DC and support from 139.00 entry on the bounce. Soon After Pattern Ascending Triangle breaks Long again and considered as Long continue.

Patterned for potential Bull Horns at resistance, Support found off previous resistance for Ascending…

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AudNzd

1498376?profile=RESIZE_1024x1024I entered a trade in the Aussie Kiwi last night based on a 5 sec scalp.(I will add lower time frames to this post) The reason for the trade is as follows: 

We double topped within this NTZ on the 13 April just below 1.0850 and had 4 attempts to push past the lower bound of the double top (market with pink line on 1 hour chart). 

I realised we had a AuD…

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GbpAud Trade

1498380?profile=RESIZE_1024x1024Currently long this pair from earlier on in the day. The 2 white arrows at the double top area had bears sighted with EPR. I Was looking for a push down past the yellow line in the sand and a failure of the triangle support. 

This idea was scrapped and the pair was back on the shelve for a while until I had a clear view. Once we broke out again and retested the 2…

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AUDJPY shorted this Forex currency pair twice @85.27 on 31st April and @83.56 6th April and holding.

Strategy to trade with the H1 Market Trend. Sell on break of swing.

Market Analysis is most Aussie pairs are in a down trend and holding both trades at 305 pips and 134 pips.

Thanks to Sir Gissachance who gave the heads up to short Aussie pairs in…

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EurAus

1498335?profile=RESIZE_1024x1024Long (sim) EurAus. Longer term Inv H&S at the low. A larger H&S highlighted in the blue triangle will of brought shorts into the market and stops placed at the traditional right shoulder or above the head. With the failure of this pattern in the triangle (stops getting run) allowed for a decent push higher and good ground covered by the…

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