AUD/USD Review.

Why 3 Box PnF chart here ? To eliminate lots of noise and define clear support as well as resistance levels which matters, like the current congestion (see Yellow box). How ( upside or downside ) will the Yellow box resolve itself  is a million $ question ? I am at the…

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Bitcoin/USD Daily Chart Outlook.

Bitcoin has been finding it tough against the Greenback at the 200 day simple moving average resistance. It had been unable to clear it but still holding firm with no short term support break either.I am marking a short term support and resistance levels within a larger trading range to watch…

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EUR/USD Hourly Chart Outlook.

Before I dive into the analysis of this currency pair, a link will be sent out for those friends/members who have registered to join the upcoming Wyckoff webinar day before. If you haven’t received it by Tuesday morning, please let me know.  Knowing the position in the major/primary trend, as per the…

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EUR/USD Monthly Chart Outlook.

DAX was covered yesterday and this currency pair concludes our visit to EU, for now this is. In intermarket TA analysis, as legendary analyst of our time John J. Murphy would say, try and understand the intermarket relationship between 4 different asset groups, two of which are Stocks and currencies.…

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Aussie $ 3 Box PnF Chart Outlook.

Timely to re-visit Aussie $ in my opinion. I wont get into trend definition here but rather look for completed patterns and try and take the message which they convey. Couple of bullish horizontal counts as shown on the chart with bullish price objectives. Wonderful software package at StockChats.com also…

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BTC(Bitcoin)/USD PnF Chart.

Same chart which I posted at tradingview.com late last year showing the Bearish Price Objective which is almost met. Now that this instrument is testing an important zone of support on the daily, it will be interesting to see how things unfold ??? Will it bounce or will it tank…

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Bitcoin/USD Daily Chart Outlook.

As always please read the disclaimer at the bottom of the post/posts and acknowledge that there is NO FINANCIAL ADVICE GIVEN on this website. Every post  I make is for EDUCATIONAL PURPOSES ONLY. One may contact ASIC ( Australian Securities and Investments Commission) if they are after a licensed financial adviser. I…

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Our Aussie $

Aussie $ has been range-bound since August as far as it’s intermediate/medium term trend is concerned within a major uptrend if it’s daily chart is analysed. Flat price action behaviour of late ( since August) , once resolved, would determine the next probable move, up or down. Expectation and probable outcome may…

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