EURUSD set to regain bid tone around 1.3770-50 (extract from Weekly Market Forecast 20th of April 2014)
In his weekly forecast Vladimir Ribakov is analyzing the EURUSD.
Euro is moving up along the up trend line that we can see on the daily chart. As long as the pair trades above the
trend line I think the pair will continue its rally. If it pushes lower to duplicate the last down move to around
1.3770/50 level and forms bullish divergence on the H4 chart we will be looking to go long.
TP1: 1.3880
TP2: 1.3940
SL: 1.3680
In his daily analysis Vladimir Ribakov explains the possible sell opportunity for USDCAD.
Pair is in front of stiff resistance - 1.1000. If it manages to break and close below it we will be looking forward to go short.
NB!: it really important that the we get a close below 1.10 to avoid false break outs.
TP1: 1.0900
TP2: 1.0850
SL: above 1.1080
In his daily analysis Vladimir Ribakov explains the possible sell opportunity for USDCAD.
Pair is in front of stiff resistance - 1.1000. If it manages to break and close below it we will be looking forward to go short.
NB!: it really important that the we get a close below 1.10 to avoid false break outs.
TP1: 1.0900
TP2: 1.0850
SL: above 1.1080
One of the best opportunities in Vladimir Ribakov’s weekly analysis is the AUDUSD
Pair is trading along side the up trend line that is well seen on the H4 chart.
If it manages to fall to around the support zone near the 0.9220/00 zone and creates bullish divergence we can consider going long.
TP1: 20 MA on D1 chart
TP2: Last high
SL: below 0.9130
Vladimir Ribakov is analysing the EURJPY pair in his live trading room today.
There is bearish divergence forming on the H1 chart. Once we get the down move
and prices drop to the support around 141.70/50 we can look for an entry to go long.
TP1: 142.60
TP2: down trend line from the highs
SL: below the support level 141.50
Vladimir Ribakov analysis the EURUSD pair in his daily market review.
There is potential bullish divergence forming on the hourly chart. Once the pair reaches
supports zone around 1.3780 we can jump into a buy trade.
TP1: 1.3880
TP2: Last high
SL: below 1.3760
Vladimir Ribakov analysis GBPUSD prior to NFP in his daily market forecast video.
There is an up trend line on the H4 that acts as dynamic support for the pair.
If the pair retraces close to the trend line which is also 61.8% Fibo level, after NFP later today we will be looking to buy.
Remember the line must to hold for this scenario to be valid.
TP1: 1.6980
TP2: 1.70
SL: below the trend line
Vladimir Ribakov is analyzing the UJ in his weekly market forecast this week.
Pair is trading along side the up trend line on the H4 chart.
If it breaks and closes below the trend lne and the support around 102.00-101.90 we can go short.
TP1: 101.30
TP2: 100.40
SL: above the trend line and support level
Aussie-dollar has hidden divergence on Daily chart and all the technical reason to continue higher after the break of the major resistance around 0.9310. Since the break
happened so quick we can look for pullbacks around the resistance level mentioned above that is now acting as support. We can look for bullish divergence on lower time frames
once the pair retraces to enter a buy trade.
TP1: 0.9380
TP2: 0.9450
SL: below 0.9310
One of the pairs that Vladimir Ribakov explains in his Live Trading Room today
is the USDCAD
Pair is in front of major support around 1.0860-70 and looking at the H1 chart it is already trying to form bullish divergence.
So if the prices fall to around the level mentioned above, make a stop and complete the divergence we can go long.
TP1: 1.0920
TP2: 1.0950
SL: 1.0830
Vladimir Ribakov’s analysis from the live trading room today covered the NZDUSD pair.
NZDUSD broke the H1 up trend line and we are now looking for re-test of the line. If the price manages rally closer to 0.87 we will be looking to
enter into a sell trade. Note that the trend line and the resistance level must hold for this scenario to be valid. NB! If the pair continues lower
we will not sell but rather look for buy opportunities on dips.
TP1: Daily 20 MA
TP2: 0.8560
SL: 0.8740
In his weekly market forecast Vladimir Ribakov is analyzing USDJPY.
We are looking to sell rallies if the pair manages to push higher and create bearish
divergence on the intraday charts.
TP1: 101.30
TP2: 100.40
SL: above the 103.00
We are looking for the pair to create bearish divergence on the hourly chart
around the resistance levels 0.9355-65. Once that happens we can enter a sell trade.
TP1: 0.9300
TP2: 0.9250
SL: above the 0.9390
Vladimir Ribakov analysis on the OIL suggest sell in the short term. There is a down trend line from the recent tops on the H4 chart as seen in the screenshot. We can go short around the trend line. Just keep in mind that the trend line must hold for this scenario to be valid.
TP1: 100.80
TP2: 100.00
SL: 102.80
Very interesting opportunity is forming on the NZDUSD based on Vladimir Ribakov’s analysis from today’s Live Trading Room.
We find resistance around 0.8700/20 on the H1 chart and an expanding channel.
If the pair pushes higher to the mentioned levels and the upper band of the channel we will be looking for bearish divergence to jump into a sell trade.
In case the pair moves lower before reaching the resistance we can sell at the break of the lower band of the channel together with the most recent support.
TP1: 0.8620
TP2: H1 20 MA
SL: above 0.8750
In his weekly market forecast Vladimir Ribakov analysis the USDCAD which could be a very nice opportunity.
There are two scenarios for the USDCAD. We can sell around the down trend line formed on the H4 chart if the pair stops and creates a divergence close to it.
TP1: Last low
TP2: 1.0760
SL: above 200 SMA on the H4 chart
Alternatively if the pair continues lower and reaches the D1 200 SMA we can look to buy dips on lower time frames with bullish divergence.
TP1: 1.0920
TP2: 1.1020
SL: below 200 SMA
There is firm support around 0.8550-40. On the H1 chart if the pair manages to drop around the support, makes a stop
and forms bullish divergence we will enter a buy trade.
TP1: 0.8600
TP2: 0.8630
SL: below last low
Vladimir Ribakov analysis of today 22nd of may are focused on the aussi pairs and more specifically on the AUDCAD.
If the pair pushes higher to the resistance 1.0130-40, makes a stop and creates bearish divergence we will be selling. It is really important 1.0190 level to hold
for this setup to be valid.
TP1: 1.00
TP2: 0.99
SL: above 1.0190
Vladimir Ribakov’s weekly analysis focus on the EURUSD in the short term.
If the pair pushes higher to around the resistance zone 1.3740 up to 1.3780, makes a stop and forms bearish divergence we will be looking to sell.
TP1: 1.3620
TP2: 1.3560
SL: above 1.3780
Vladimir Ribakov is analyzing the euro in his weekly analysis for the 8th of june 2014. In a summary this is the trading plan (you find the full article on his blog or video explanation of the trade on youtube)
If the pair trades higher to the major resistance zone around 1.3730-70 and stays below it, we can look for bearish divergence to form and go short.
TP1: 1.3510
TP2: 1.3440
SL: 1.3800
