Forex Weekly Analysis (4/27/15-/5/01/15)

Hey there lovelies,

**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **

Here is my analysis on several #forex currency pairs for this week. This week I will be concentrating on pairs with both bullish and bearish trend trading opportunities. This week trade pairs cautiously with proper risk:reward ratio until a clearer trend pattern can be defined, if it hasn't already.Also, remember to have a trading plan and to trade that plan (i.e reasons for an entry and most important an exit). If you miss an opportunity, DO NOT chase the dragon it will always in one way or another be a losing battle for you. As always, remember the trend is your friend until it bends :-)

1) #EUR/USD (Daily) - Last week, this girl made a higher low of 1.0670 and then started making her move back up :-). This week, there might be a re-tracement of 100-200 pips from #eurusd current position upon opening early in the week. A test of the upper 1.1050 may occur, but remember #eurusd is still in a strong downtrend on a weekly & monthly time frame so expect to trade accordingly. If given a bullish opportunity plan to go long (buy)  the market at the (1.0700-1.0640) range toward the 1.1050 and/or above. When given a bearish opportunity plan to short (sell)  the market at the (1.0950-1.1050) range toward the 1.0440 and/or below. If the pair can exceed the 1.0400 level, it is highly probable that the downtrend is intact & will continue towards a D extension and/or support level of 0.9770. Depending on your position, expect at least 300+ pips on this emotional roller coaster for this week.

2) #EUR/JPY (Daily) - Expect a re-tracement of 100-200 pips from #eurjpy current position. If given a bullish opportunity around (128.80-128.0) plan to long (buy) this pair back down towards the 131.0+ range. If given a bearish opportunity around (127.30-126.0) plan to short (sell) this pair back down towards the 125.40 and/or lower range and cancel/replace as needed. Expect at least 200+ pips on this sweet ride for this week.

3) #GBPNZD (Daily) - Last week the bulls dominated the bears mid-week at the 2.0030 level. She definitely rode that stallion like a champion.  before taking another ride on her pony. If you were lucky enough to get a piece of her, you probably make a pretty nice penny ;-) For this week, trade this pair cautious. With her weekly bullish engulfing candle that consumed three weeks worth of bearish movement, a short term reversal may be looming. There is a possible re-tracement range between 100-200 pips and a test from the bears at the 1.9730-1.9560 daily support range. If the bears fail to regain control around the 1.98-97 range, be prepared to go long (buy) on this pair. If given a bullish opportunity, plan to go long (buy) on this pair around 2.0080-2.0100 back up to the (2.020-2.030 and/or above). If given a bearish opportunity, plan to short (sell) this pair around 1.97-1.9640 back down to the (1.94-1.93 and below) range keeping in mind that the 1.9350-1.93 has acted as decent support in the past. Remember to cancel/replace as needed. Depending on your entry expect to ride this wave for at least 300+ pips for this week.

4) #GBP/JPY (Daily) - For you bulls out there, expect a possible 100-200 pip move for a long (buy) entry that will test the 185.0. If bear fail to regain control expect further upward movement. If given a bearish opportunity at the  (185.0-185.3 plan to go short (sell) on this pair back down to the 177.0 and below range and cancel/replace as needed. Expect this cookie to crumble for at least 300+ pips for this week.

5) #GBPUSD (Daily) -  Last week she did manage a higher low as well as a higher high compared to last week. This week there may be a bullish attempt of the 1.56, but take advantage of the if then process for bearish opportunities . If given a bullish opportunity at (1.50-4950) take a long (buy) entry on this pair back up to the 1.54-1.56 and below range. If given a bearish opportunity at (1.49-48) take a short (sell) entry on this pair back down to the 1.4620-1.45 and below range and cancel/replace as needed. Expect at least 200+ pips profit from this feisty gal this week.  

Xoxo, Deuces ;-)

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Forex Weekly Analysis (4/20/15-4/24/15)

Hey there lovelies,

**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **

Here is my analysis on several #forex currency pairs for this week. This week I will be concentrating on pairs with both bullish and bearish trend trading opportunities. Expect high volatility within the markets pending the PMI release for featured currencies, #usd unemployment and durable goods; #nzd be on the look out for the CPI release, and for #eur, the German sentiment.This week trade pairs cautiously with proper risk:reward ratio until a clearer trend pattern can be defined, if it hasn't already.Also, remember to have a trading plan and to trade that plan (i.e reasons for an entry and most important an exit). If you miss an opportunity, DO NOT chase the dragon it will always in one way or another be a losing battle for you. As always, remember the trend is your friend until it bends :-)

1) #EUR/USD (Daily) - Last week, this girl made a new low of 1.0465 and then started making her move back up :-). This week, there might be a re-tracement of 100-200 pips from #eurusd current position upon opening early in the week. A test of the upper 1.1050 may occur, but remember #eurusd is still in a strong downtrend on a weekly & monthly time frame so expect to trade accordingly. If given a bullish opportunity plan to go long (buy)  the market at the (1.0700-1.0640) range toward the 1.1050 and/or above. When given a bearish opportunity plan to short (sell)  the market at the (1.0950-1.1050) range toward the 1.0440 and/or below. If the pair can exceed the 1.0400 level, it is highly probable that the downtrend is intact & will continue towards a D extension and/or support level of 0.9770. Depending on your position, expect at least 300+ pips on this emotional rollercoaster for this week.
market moving news: http://www.bloomberg.com/news/articles/2015-04-18/ecb-s-draghi-says-urgent-that-greece-strikes-deal-with-creditors

2) #EUR/JPY (Daily) - Expect a re-tracement of 100-200 pips from #eurjpy current position. If given a bullish opportunity around (127.0-127.70) plan to long (buy) this pair back down towards the 130.0+ range. If given a bearish opportunity around (129.30-131.0) plan to short (sell) this pair back down towards the 125.40 and/or lower range and cancel/replace as needed. Expect at least 200+ pips on this sweet ride for this week.

3) #GBPNZD (Daily) - Last week the bulls scored a point at the 1.9718 level and the bear quickly took control after. She went as low as 1.9375 before taking another ride on her pony. For this week, there is a possible re-tracement range between 100-200 pips and a test from the bulls at the 1.9550-1.9640 daily resistance range. If given a bearish opportunity, plan to short (sell) this pair around 1.95-1.9640 back down to the (1.94-1.93 and below) range toward 1.9240 and cancel/replace as needed. Depending on your entry expect to ride this wave for at least 300+ pips for this week.

4) #GBP/JPY (Daily) - Last week the bears scored a point at 174.90, then the bulls went for a run :-). For you bulls out there, expect a possible 100-200 pip move for a long (buy) entry that will test the 179.30, if this is a fail anticipate a downward movement of about 200-300 pips. When given a bearish opportunity at the  (178.0-179.0) plan to go short (sell) on this pair back down to the 174.0 and below range and cancel/replace as needed. Expect this cookie to crumble for at least 300+ pips for this week.

5) #GBPUSD (Daily) - For this week, she is still very bearish on a weekly chart. Last week she did manage a lower low, but also made a higher high compared to last week. This week there may be a bullish attempt of the 1.52, but take advantage of the if then process for bearish opportunities . If given a bearish opportunity at (1.5000-5200) take a short (sell) entry on this pair back down to the 1.4620-1.45 and below range and cancel/replace as needed. Expect at least 200+ pips profit from this feisty gal this week.  

Xoxo, Deuces ;-)

Click link to view my recent stats:

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Forex Weekly Analysis (4/13/15-4/17/15)

Hey there lovelies,

**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **

Here is my analysis on several #forex currency pairs for this week. This week I will be concentrating on pairs with bearish trend trading opportunities. Expect high volatility within the markets pending the #usd unemployment and prelim sentiment; #nzd be on the look out for the NZIER confidence, and for #cny, the trade balance This week trade pairs cautiously with proper risk:reward ratio until a clearer trend pattern can be defined, if it hasn't already. For now, remember the trend is your friend until it bends :-)

1) #EUR/USD (Daily) - Last week if you got in at the right moment, you witnessed this pair descending graciously for a whopping 400 pips, making a new lower low of 1.0550 and a massive engulfing bearish candlestick formation on a weekly time frame :-). This week, there might be a re-tracement of 200-300+ pips from #eurusd current position upon opening early in the week. A test of the upper 1.1050 may occur, but remember #eurusd is still in a strong downtrend on a weekly & monthly time frame so expect to trade accordingly. If given a bearish opportunity plan to short (sell)  the market at the (1.0850-1.1050) range toward the 1.0440 and/or below. If the pair can exceed the 1.0400 level, it is highly probable that the downtrend is intact & will continue towards a D extension and/or support level of 0.9770. Depending on your position, expect at least 300+ pips on this emotional rollercoaster for this week.

2) #EUR/JPY (Daily) - Like most #euro pairs, this girl came tumbling down with all the Kings horses and all the Kings men. Expect a re-tracement of 100-200 pips from #eurjpy current position.  If given a bearish opportunity around (128.0-130.5) plan to short (sell) this pair back down towards the 125.40 and/or lower range and cancel/replace as needed. Expect at least 200+ pips on this sweet ride for this week.

3) #GBPNZD (Daily) - Last week the bulls scored a point at the 1.98 level and the bear quickly took control after, and boy did they pound the pavement with this girl making a new weekly low of 1.9360 For this week, there is a possible re-tracement range between 100-250 pips and a test from the bulls at the 1.9550-1.9640 daily resistance range. If given a bearish opportunity, plan to short (sell) this pair around 1.95-1.96 back down to the (1.9400-1.9300 and below) range toward 1.9240 and cancel/replace as needed. Depending on your entry expect to ride this wave for at least 300+ pips for this week.

4) #GBP/JPY (Daily) - This pair is currently maintaining her monthly pursuit of failing happiness :-). For you bulls out there, expect a possible 100-200 pip re-tracement for a long (buy) entry that will test the 178.0, if this is a fail which I predict it will again anticipate a downward movement of about 200-300 pips from #gbpjpy current position. When given a bearish opportunity at the  (176.8-178.0) plan to go short (sell) on this pair back down to the 174.0 and below range and cancel/replace as needed. Expect this cookie to crumble for at least 300+ pips for this week.

5) #GBPUSD (Daily) - For this week, she is still very bearish on a weekly chart. Last week she did manage a higher low and a lower high, which gives high probability that her downtrend is still intact. This week take advantage of the if then process for bearish . If given a bearish opportunity at (1.48-4750) take a short (sell) entry on this pair back down to the 1.4620-1.45 and below range and cancel/replace as needed. Expect at least 200+ pips profit from this feisty gal this week.  

Thanks for reading and please be sure to follow me and/or subscribe to my YouTube, Twitter, Instagram and Facebook at caramelnatural82. Happy Trading and Good Luck! 

Xoxo, Deuces ;-)

Click link to view my recent stats:

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Forex Weekly Analysis (4/6/15-4/10/15)

Hey there lovelies,

**Disclaimer: Please note I am not a FOREX financial adviser/specialist and will not be held accountable for any loss/gain by any individuals who chose to use this information for their own personal gain. Everything discussed in this blog is just for my own personal and financial improvement. **

Here is my analysis on several #forex currency pairs for this week. This week I will be concentrating on pairs with bearish and bullish trend trading opportunities. Expect high volatility within the markets pending the #usd FMOC minutes, and unemployment; #eur be on the look out for the Spanish unemployment, #aud, RBA statement, and for #gbp, the NISER estimate. This week trade #usd pairs cautiously with proper risk:reward ratio until a clearer trend pattern can be defined, as market indecisiveness and consolidation ranges are where most traders lose money. For now, remember the trend is your friend until it bends :-)

Market food for thought: http://money.cnn.com/2015/04/03/news/economy/march-jobs-126000-us-economy/index.html

1) #EUR/USD (Daily) - There might be a re-tracement of 100-200 pips from #eurusd current position upon opening, #eurusd is still in a strong downtrend on a weekly & monthly time frame, but continue to be on the look out for a reversal due to the #usd weakening. So this week, expect to trade cautiously using the if then process. A test of the upper 1.1050 may occur, and if broken expected a much needed short term trend reversal towards the 1.1200 price level. If given a bullish opportunity plan to go long (buy) between the range of (1.0900-1.0800), but be prepared to go short if the pair fails to exceeds upper resistance levels (1.1045, 1.1130 & 1.1460). If given a bearish opportunity plan to short (sell)  the market at the (1.0790-1.0730) range. If the pair can exceed the 1.0400 level, it is highly probable that the downtrend is intact & will continue towards a D extension and/or support level of 0.9770. Depending on your position, expect at least 300+ pips on this emotional rollercoaster for this week.

2) #EUR/JPY (Daily) - Expect a re-tracement of 100-200 pips from #eurjpy current position. If given a bullish opportunity, go long (buy) at the 129.40-130.0 level and a test of the 132.0 level in an attempt to established a C high. If held it is likely that upward movement will continue. If given a bearish opportunity plan to short (sell) this pair back down towards the 128.0 and/or lower range and cancel/replace as needed. Expect at least 200+ pips on this sweet ride for this week.

3) #GBPNZD (Daily) - Last week the bulls scored a point at the 2.0 level and the bear quickly took control after, giving us our C high. For this week, there is a possible re-tracement range between 50-150 pips and a test from the bulls at the 1.9700-1.9835 resistance level. If given a bearish opportunity, plan to short (sell) this pair around 1.9700-1.9850 back down to the (1.9600-1.9400 and below) range and cancel/replace as needed. Depending on your entry expect to ride this wave for at least 300+ pips for this week.

4) #GBP/JPY (Daily) - This pair is currently maintaining her monthly pursuit of failing happiness :-). For you bulls out there, expect a possible 100-200 pip re-tracement for a long (buy) entry that will test the 178.50, if this is a fail which I predict it will be anticipate a downward movement of about 250-300 pips from #gbpjpy current position. When given a bearish opportunity at the  (178.50-178.0) plan to go short (sell) on this pair back down to the 175.50 and below range and cancel/replace as needed. Expect this cookie to crumble for at least 300+ pips for this week.

5) #GBPUSD (Daily) - For this week, she is still very bearish on a weekly chart, but with recent U.S news a slight short-term reversal may be possible in the near future. Although last week she did manage a higher low and a lower high, which gives high probability that her downtrend is still intact. This week take advantage of the if then process for bearish and/or bullish trades. Take note that this pair has the makings of a potential consolidation range on a daily between (1.5000-1.4800). If given a bearish opportunity at (1.5000-4860) take a short (sell) entry on this pair back down to the 1.4800-1.4600 and below range and cancel/replace as needed. Expect at least 200+ pips profit from this feisty gal this week.  
Market food for thought: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11516220/New-credit-crisis-warning.html

Thanks for reading and please be sure to follow me and/or subscribe to my YouTube, Twitter, Instagram and Facebook at caramelnatural82. Happy Trading and Good Luck! 

Xoxo, Deuces ;-)

Click link to view my recent stats:

http://www.myfxbook.com/members/naturallycurly82/caramelnatural82/1051109/brXzJBbrJk2T3xJTosfh