Bondfx - Daily Market Analysis

EURCHF - BUY PRESSURE

2011-06-10T09:12:00.000+02:00

Good morning this my first Post on PIVOT Analysis, from now I will be doing some post based on that.

My Daily PIVOT trend reads UPTREND as the momentum is relaxed and we are well below the daily PIVOT it is good to make a BUY at 1.2211 for 40pips and/or wait for price to hit 20pips above S1 of the day and make the PIVOT your take profit, meaning an entry from 1.2186 and takeprofit at 1.2232.

For more information about PIVOT trend please send an email to contact@bondfx.biz

Have a good trading day.

GBP/USD - BUY Pressure

2010-09-10T11:17:00.000+02:00

I believe this may be a good time to buy for about 50-80pips as we can see a divergence with break in major trendline on the 30min timeframe.

USD/JPY BREAKOUT

2010-08-11T16:59:00.000+02:00

Having Spoted positive divergence some hours ago, UJ broke my Bollinger Bands and Trendlines for BUY. I took the BUY because of the daily and 4hours BUY pressure and 50-100pips is not bad from the point 85.14 stoploss should be around 84.72

MID-DAY MARKET UPDATE

2010-08-10T15:24:00.000+02:00

The market price action may be planning some moves, as i noticed positive divergence on GBPUSD RSI and a bearish channel. To go long I want that channel broken and 4hr BUY pressure to remain.

EURUSD seem to have similar price and oscillator pattern. 4hr buy pressure and My green trendline will make me think of BUY at this time if broken and the BUY pressure still intact.

GBP/JPY, i dont like the pattern this afternoon though can see similar bullish divergence but the sell pressure still in place in the 4hours i have nothing to look at here I will still be waiting, may be for another 4-6 hours to see price action.

Enjoy the rest of your day.

GBP/JPY - OVERNITE SETUP

2010-08-10T09:31:00.000+02:00

This trade managed from yesterday till date. I noticed a negative divergence on my MACD and RSI with a sell pressure from 4hr. It was a nice dip.

GBPUSD - MAY BUY

2010-08-05T13:56:00.000+02:00

15min MACD positive divergence and a break above my UPPER range Line with the 4hr BUY PRessure I will prefer a buy. So a low risk BUY at 1.5921 for 60pips and a 50pips SL will do.

GBP/USD - LOW RISK BUY

2010-08-05T13:30:00.000+02:00

GBPUSD Broke my upper RANGE line and i can see a positive divergence on my 15min MACD, so I want to consider a low risk BUY from 1.5921 till 1.5971 stop loss at the lower range. My Chart Below:

AUDUSD - BUY PRESSURE (POSSIBILITY)

2010-08-03T17:03:00.000+02:00

The AUD in a range bound market for about 48 hours now and since my 4hrs and Daily pressure is BUY a break of my range at 0.9135, I will consider a BUY trade for about 50-100pips

GBPJPY MAY BE SET FOR A SELL

2010-08-03T09:37:00.000+02:00

The 15min chart shows that the GBPJPY has been in a range bound for over 8 hours now and been able to spot the range (137.64 to 136.95), THe 4hr charge set of a SELL PRESSURE and I can see negative divergence on 15min chart. So a close below the lower range MAY lead to a sell for about 80pips and stoploss should not be more than 80pips.

EURUSD - UPTREND PREVAILED

2010-07-28T09:14:00.000+02:00

I am in a long EURUSD, based on 30min divergence when 4hrs and Daily BUY Pressure is up. Buy good at 1.29986 for a 50-100pips Stoploss should not be more than 50pips. Charts below:

SELL EXPECTED - GBPJPY

2010-07-26T16:57:00.000+02:00

Sell pressure from my daily timeframe of the GBPJPY and i can see a negative divergence in this 30min timeframe also. A sell may be a quality trade from 134.460 for a 40-50 pips and stoploss around 135.60

My Charts below, Enjoy.

James

EURUSD - SELL PPRESSURE

2010-07-23T14:58:00.000+02:00

My 15min MACD shows a negative divergence, stochastic Daily and 4hours are in same direction so i will consider a sell from 1.29118 (Agressive) but conservative entry is good at 1.28580, Let us try 50pips move down stoploss should not be more than 100pips.

Enjoy and my chart below:

GBPJPY - POSITIVE DIVERGENCE

2010-07-22T12:38:00.000+02:00

Today I traded Divergence with the Stochastic on the daily timeframe, I noticed this yesterday, and been waiting for my 4hr and 1hr to fall in place from below the 20level, the 15min chart gave a good entry at the close above my SMAs. The 15min chart MACD also gave good reason to follow the bullish correction. My charts are below:

GBPUSD - INTRADAY SELL PRESSURE

2010-07-21T14:50:00.000+02:00

The pressure on the Pound to go down is very clear here with the Daily and weekly stochastic pointing down and the 15min bearish divergence, let us consider a SELL from 1.52464 targeting a support at 1.52192 and further down (may be) to 1.52060. Stoploss should not be more than 100pips. Let's watch

EURUSD BROKE A SUPPORT ZONE AND TESTING IT

2010-05-03T09:00:00.001+02:00

We may see the EUR depreciate against the USD today with a break down a support zone at 1.32560 as seen in the 1hour timeframe.

Going down the timeframe at 15min timeframe,

we wait for a good retracement to the 38.2% of the down turn and would consider a SELL between 1.3276 and 1.3242 with a stoploss at the close above 1.3325, Take Profit expected at 1.3142 if we are right and not putting at risk above 1% of account balance.

Enjoy.

EURUSD - BULLISH SIGNAL

2010-04-23T21:53:00.000+02:00

The EUR shows a sign of possible appreciation against the USD with the Bollinger Band turning up and RSI making higher lows. Its good to plan a buy withing the range 1.3401 and 1.3336 for a drive till 1.3454, 1.3507

Stop loss is good at a close below 1.3231.

GBP/JPY - SELL PRESSURE

2010-04-22T19:09:00.000+02:00

The GBP making lower high on the RSI and the Bolliger band turning down, then a SHORT may be considerable 143.24 targeting 142.20, 141.55

Stop loss is appropriate above 144.20

Enjoy

EURUSD - MARKET UPDATE

2010-03-31T14:03:00.003+02:00

The EUR may be planing another Bullish move.

The ADX 4hr standing still support the bullish move ...

and the 15min chart needs the Williams %R to get over sold and all condition still supporting BULL, then a fresh LONG can be negotiated with the 100SMA as good exit plan.

Enjoy

EURUSD, GBPUSD - Market Update

2010-03-25T17:52:00.000+01:00

The EURUSD and the GBPUSD made a nice profitable move in a downtrend this week with the minor sma going down the major sma. Clear triggers came from the RSI and at 1.5036 for the GBPUSD and 1.3514 for the EURUSD. The move worth over 100pips Each.

GBPJPY - BEARISH SIGNAL

2010-03-18T07:34:00.001+01:00

GBPJPY, I will suggest a short from 137.88 with the ready MACD and closes below my SMAs for a 50pips. 139.31 is a good intra-day resistant (stoploss)

Enjoy

GBPUSD - I BELIEVE A DOWNTURN

2010-03-18T07:13:00.000+01:00

Good morning today, I believe the GBPUSD may go down with this close below my SMAs - MACD in good position in support of this so lets shoot from 1.5276 for 40pips. Resistant area at 1.5392 a good stoploss. Let's watch!

EUR/USD - DOWN-TURN EXPECTED

2010-03-17T16:19:00.000+01:00

A down-turn is expected in my 1hr timeframe with the MACD turning down and a close below my SMAs. Sell below 1.3698 for a 40pips and 50pips stoploss.

Enjoy

GBPJPY - MORNING BEAR PRESSURE!

2010-03-08T10:53:00.000+01:00

Good morning its 10:31am GMT here in Lagos, Nigeria.

I can spot an intra-day bear pressure on the GBPJPY and i expect a correction to the downside with the 20sma of the RSI pointing down in the 1hr TF.

Considering the support zone of price in the 5min timefram (support coming from the 100sma),

I will consider a short from 137.07 for a 40-50pips profit. Stoploss should not be more than 60pips.

Enjoy!

MARKET UPDATE - EURUSD

2010-02-22T18:44:00.000+01:00

The EURUSD broke a 1hr resistant trendline and having some good time above a rising trendline. With the WPR over sold, it might be a good point to think long for a 50pips from 1.35901. Let us observe.

EURUSD RALLIED TO A ROCK - DECISION POINT

2010-02-17T11:17:00.000+01:00

Yesterday was a major retracement on the EURUSD downtrend and was able to hit a major 4hr resistant at 1.37821 at this point one should expect a dash down again to continue the trend - but EUR is obviously Over sold in the major trends and may be working towards a reversal. So to pick a short i expect the trendline of my 15min timeframe to be defeated with a journey down to the 20sma of 4hr tf. Alternatively, a break of 1.37821 may see an uptrend confirmed.