Thursday, April 26, 2018

USDJPY Extends 5-Week Run

USDJPY extends 5-week Run as trade tension cool with China. We could see short-term Resistance around 110.50 leading into the next Month.




EURUSD Breaks 2-month Trading Range

EURUSD breaks 2-month Trading Range as the dollar Strengthens during European opening Session. We could see further depreciation towards 1.2010 Range leading into May.

USDCAD Showing Bullish Tendency on Crude Pullback

USDCAD is showing Bullish Tendecies as Crude retraces with a stronger dollar. We got short-term resistance around 1.2885 levels. A break out above this level could be headed towards 1.2950 territory.



Wednesday, April 4, 2018

Is this a Coincidence?



I usually tease individuals that use Mercury Retrograde as means to justify human behavior, but after studying market trends around these times I found something quite interesting. Usually around the retrograde area (area) the markets experiences a high level or uncertainty and volatility.


Is this a coincidence?


Does Mercury Retrograde's affect on human behavior really plays a role on how market participants trade?


You do the Math...


Monday, August 7, 2017