FibonacciPrice&PatternTrader is a complete bulletin for traders who want to combine the best of fundamentals with pure Elliot wave, Fibonacci pattern as well as Gann series for a better trading result.
Sunday, 7 December 2014
Tuesday, 13 May 2014
MATHEMATICAL APPROACH OF OBTAINING HIGH PROBABILITY TRADE SETUP
In the words of
Lieutenant-general Mikhail Timofeyevich Kalashnikov
Everything complicated is useless; and
Everything useful is simple
[Designer AK47 Assault Riffle]
Hence, my quest to deliver freedom into the hands
of financials ignited the passion for this research.
This presentation is designed for all and sundry
involved in commodities, stocks, currencies, futures & indices trading.
Apply WISELY!
HAPPY TRADING
DOWNLOAD FROM http://fiboppt.org/opensourceinfo.html
Lieutenant-general Mikhail Timofeyevich Kalashnikov
Everything complicated is useless; and
Everything useful is simple
[Designer AK47 Assault Riffle]
Hence, my quest to deliver freedom into the hands
of financials ignited the passion for this research.
This presentation is designed for all and sundry
involved in commodities, stocks, currencies, futures & indices trading.
Apply WISELY!
HAPPY TRADING
DOWNLOAD FROM http://fiboppt.org/opensourceinfo.html
Monday, 21 April 2014
GBPUSD WEEKLY FORECAST:::RIDING THE WAVE 3 LEG ON A STRONG BULLISH BIAS
FUNDAMENTAL BEAM
GBP/USD continued to climb against the US dollar last week. The pair posted modest gains, closing at 1.6782. This week’s highlight is Retail Sales. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD.
The pound got some help from solid UK employment numbers, as Claimant Count Change posted another solid decline and the Unemployment Rate unexpectedly fell below 7.0%. In the US, Unemployment Claims beat the estimate and the Philly Fed Manufacturing Index surged to its highest level since last September.
Updates:
GBP/USD continued to climb against the US dollar last week. The pair posted modest gains, closing at 1.6782. This week’s highlight is Retail Sales. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD.
The pound got some help from solid UK employment numbers, as Claimant Count Change posted another solid decline and the Unemployment Rate unexpectedly fell below 7.0%. In the US, Unemployment Claims beat the estimate and the Philly Fed Manufacturing Index surged to its highest level since last September.
Updates:
EURUSD WEEKLY FORECAST:::FIBONACCI BULLISH PRICE TARGET AHEAD
FUNDAMENTAL BEAM
EUR/USD fell lower on a Sunday gap and could never retake the previous levels. Will the attempts to talk down the euro succeed? PMIS and a speech from ECB president Mario Draghi are the key events. Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD.
Draghi made his mark once again: he tied further monetary stimulus to the value of the euro. His weekend comments opened a gap lower that was never closed. Pressure on the euro also came from the miss in the German ZEW figure and also from the downwards revision of core CPI for March, which is now at its lowest level post-crisis level. Data in the US was mostly positive, with an encouraging jobless claims figure and better than expected retail sales, although more evidence is needed to convince everybody in the spring bounce theory.
EUR/USD fell lower on a Sunday gap and could never retake the previous levels. Will the attempts to talk down the euro succeed? PMIS and a speech from ECB president Mario Draghi are the key events. Here is an outlook on the highlights of this week and an updated technical analysis for EUR/USD.
Draghi made his mark once again: he tied further monetary stimulus to the value of the euro. His weekend comments opened a gap lower that was never closed. Pressure on the euro also came from the miss in the German ZEW figure and also from the downwards revision of core CPI for March, which is now at its lowest level post-crisis level. Data in the US was mostly positive, with an encouraging jobless claims figure and better than expected retail sales, although more evidence is needed to convince everybody in the spring bounce theory.
NZD/USD WEEKLY FORECAST:::STILL ON THE BULLISH RETRACEMENT TO COMPLETE A FIBONACCI SEQUENCE
FUNDAMENTAL BEAM
The New Zealand dollar corrected the big gains and closed lower after the disappointing CPI. Is it a change of course or a pause? The rate decision is the main event for this week. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD.
The level of inflation in New Zealand did not rise as expected and this hurt the kiwi. The big question is: Will the RBNZ slow down the pace of rate hikes? We will get some answers this week.
Updates:
The New Zealand dollar corrected the big gains and closed lower after the disappointing CPI. Is it a change of course or a pause? The rate decision is the main event for this week. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD.
The level of inflation in New Zealand did not rise as expected and this hurt the kiwi. The big question is: Will the RBNZ slow down the pace of rate hikes? We will get some answers this week.
Updates:
USD/JPY WEEKLY ANALYSIS:::WEAK BEARISH MARKET IMMINENT
FUNDAMENTAL BEAM
The Japanese yen retreated as the US dollar enjoyed wide gains across the board. Will the pair make a meaningful break out of the range? Inflation figures are the highlights of the week. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY.
BOJ governor Kuroda made it clear that monetary stimulus will continue. The question remains: will the central bank introduce a new blitz to counter the sales tax hike effect? The level of inflation will make a difference. In the US, data has been generally positive, with better than expected jobless claims as well as accelerated retail sales. Let’s start.
Updates:
The Japanese yen retreated as the US dollar enjoyed wide gains across the board. Will the pair make a meaningful break out of the range? Inflation figures are the highlights of the week. Here is an outlook on the major events moving the yen and an updated technical analysis for USD/JPY.
BOJ governor Kuroda made it clear that monetary stimulus will continue. The question remains: will the central bank introduce a new blitz to counter the sales tax hike effect? The level of inflation will make a difference. In the US, data has been generally positive, with better than expected jobless claims as well as accelerated retail sales. Let’s start.
Updates:
USD/CAD WEEKLY FORECAST::MARKET PRICE ON BULLISH BIAS
FUNDAMENTAL BEAM
For the second straight week the Canadian dollar showed little change, closing slightly above the 1.10 line. This week has just three releases, highlighted by Core Retail Sales. Here is an outlook on the major events and an updated technical analysis for USD/CAD.
Canadian Manufacturing Sales posted strong gains for the second straight month, and the Bank of Canada held its benchmark interest rate, as expected. In the US, Unemployment Claims beat the estimate, while dovish comments by Fed chair Janet Yellen weighed on the greenback.
Updates:
For the second straight week the Canadian dollar showed little change, closing slightly above the 1.10 line. This week has just three releases, highlighted by Core Retail Sales. Here is an outlook on the major events and an updated technical analysis for USD/CAD.
Canadian Manufacturing Sales posted strong gains for the second straight month, and the Bank of Canada held its benchmark interest rate, as expected. In the US, Unemployment Claims beat the estimate, while dovish comments by Fed chair Janet Yellen weighed on the greenback.
Updates:
Sunday, 26 January 2014
EURUSD WEEKLY FORECAST:::MARKET PRICE STILL BULLISH AHEAD OF USD DATA RELEASE
FUNDAMENTAL BEAM
EUR/USD had an exciting week, dropping to new lows only to rally to high ground. Is it set to continue gaining or is it still looking for a direction? German business data, Eurogroup meetings, German inflation and employment data as well as the Eurozone’s unemployment rate. Here is an outlook on the major events and an updated technical analysis for EUR/USD.
Talk about deflation is still prevalent in the old continent, with the IMF warning about it again. Nevertheless, the euro seemed to focus on positive news. The euro zone’s manufacturing and services sectors surprised to the upside. Germany continued to advance, remaining well above the 50 mark. While France remained below these levels, it still beat expectations. This helped the euro advance. In the US, a disappointing housing figure was enough to give the pair another push higher. However, it closed well below the highs. Let’s start:
Updates:
GPUSD WEEKLY OUTLOOK:::MARKET PRICE LOOKING AHEAD FOR BULLISH PROFIT POSTING COME THIS WEEK
FUNDAMENTAL BEAM
GBP/USD posted modest gains last week. The pair climbed close to the 1.67 line last week, but was unable to consolidate at these levels and closed the week at 1.6477. This week’s highlight is Preliminary GDP. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD.
US Unemployment Claims enjoyed another good week, beating the estimate. The pound shot up in mid-week as the British Unemployment Rate dropped to 7.1%, fuelling speculation about an interest rate hike.
Updates:
GBP/USD posted modest gains last week. The pair climbed close to the 1.67 line last week, but was unable to consolidate at these levels and closed the week at 1.6477. This week’s highlight is Preliminary GDP. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD.
US Unemployment Claims enjoyed another good week, beating the estimate. The pound shot up in mid-week as the British Unemployment Rate dropped to 7.1%, fuelling speculation about an interest rate hike.
Updates:
USDCAD WEEKLY FORECAST::::MARKET PRICE EXPECT TO CONTINUE RECORDING HIGHER HIGHS
The Canadian dollar is
having a miserable January, as the currency headed downwards for the
third straight week. USD/CAD gained over one cent on the week, closing
at 1.1086. This week’s only event is GDP. Here is an outlook on the major events and an updated technical analysis for USD/CAD.
In the US, Unemployment Claims had another good week, beating the estimate. In Canada, CPI readings were below the zero level, pointing to deflation, which is indicative of an underperforming economy. The loonie took a hit after the Bank of Canada maintained rates and stated that it is concerned with weak inflation.
Updates:
In the US, Unemployment Claims had another good week, beating the estimate. In Canada, CPI readings were below the zero level, pointing to deflation, which is indicative of an underperforming economy. The loonie took a hit after the Bank of Canada maintained rates and stated that it is concerned with weak inflation.
Updates:
USDJPY WEEKLY FORCAST:::MARKET PRICE UNDECIDEDLY LOOKING BULLISH
FUNDAMENTAL BEAM
The Japanese yen showed some strength late in the week, and gained over two cents last week. The pair closed at the 102 line. The upcoming week has just eight releases. Here is an outlook on the major market-movers and an updated technical analysis for USD/JPY.
Japanese events were uneventful, as the BOJ held course with its monetary scheme. The yen posted strong gains late in the week, taking advantage of a disappointing US Existing Home Sales, which dropped for the fourth straight month.
The Japanese yen showed some strength late in the week, and gained over two cents last week. The pair closed at the 102 line. The upcoming week has just eight releases. Here is an outlook on the major market-movers and an updated technical analysis for USD/JPY.
Japanese events were uneventful, as the BOJ held course with its monetary scheme. The yen posted strong gains late in the week, taking advantage of a disappointing US Existing Home Sales, which dropped for the fourth straight month.
NZDUSD WEEKLY FORECAST:::WAVE III LEG EXTENDING ITS BEARISH TARGET SOUTH-EAST OF CHART
FUNDAMENTAL BEAM
The New Zealand dollar enjoyed some early gains but found it hard to hold on to them. The key event in the upcoming week is the rate decision. Will the RBNZ raise its tone regarding a rate hike? Here is an analysis of fundamentals and an updated technical analysis for NZD/USD.
Inflation in New Zealand exceeded expectations in the fourth quarter, with a rise of 0.1%. As this is usually a low inflation season, the figures raise expectations for a rate hike in New Zealand, sooner than later. We will know soon. The Business NZ Manufacturing Index continued showing strength in the economy by scoring 56.4 points, reflecting solid growth.
Updates:
The New Zealand dollar enjoyed some early gains but found it hard to hold on to them. The key event in the upcoming week is the rate decision. Will the RBNZ raise its tone regarding a rate hike? Here is an analysis of fundamentals and an updated technical analysis for NZD/USD.
Inflation in New Zealand exceeded expectations in the fourth quarter, with a rise of 0.1%. As this is usually a low inflation season, the figures raise expectations for a rate hike in New Zealand, sooner than later. We will know soon. The Business NZ Manufacturing Index continued showing strength in the economy by scoring 56.4 points, reflecting solid growth.
Updates:
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