$USDJPY Forecast and Trade setup for 30th March to 3rd April 2015
Weekly Chart
- Negative Divergence on RSI
- Failed rally is what i can see because from the 61.8 fib
Daily Chart
- Daily you could see a big drop in RSI momentum
- Ichimoku is still on up trend, however could be easily broken as the cloud is weak
Hourly Chart
- 4hr Ichimoku already have broken the up trend
- Looks likely to test the 117.00 -116's
Outlook Trade opportunity
Personally I have a short trade from the ichimoku break and trendline break from the H4, and on top of that a weekly 61.8 fib
Risk Level __
Tips -
Always take note of any economical news event on our provided calender below
$XAUUSD $GOLD Forecast and Trade Setup for 30th March to 3rd April 2015
Weekly Chart
- Weekly is quite heavy and ichimoku is down trend
- RSI positive divergence
- Possible double bottom for the mean time?
Daily Chart
- Good price reaction from support
- Ichimoku still in down trend
4 Hr Chart
- Ichimoku is on up trend
- Intraweek trades to the upside is ideal
Outlook Trade opportunity
Long for intraweek is ideal
Risk Level __
Tips -
Always take note of any economical news event on our provided calender below
AUDUSD Trade Setup and Forecast for 30th March to 3rd April, 2015
Last analysis from the 16th of March, I have indicated that there was a false break, so going on a bias to the upside. This had played in my favour, but where to from now?
Weekly Chart
- Last week candle looks like a shooting star formation
- however the previous candle was a relatively bullish pattern which
- RSI is above 30
- On the weekly, seems heavy and obvious downtrend on the bigger picture
Daily Chart
- After RSI positive divergence, we can see that the markets is on steps higher, however now that we are trading in the clouds and did have some rejection, we may retest the lows or a fib 61.8 before attempting a shot higher?
4 Hourly Chart
- On the 4hr chart, ichimoku trend is up
- As long as the lows don't break, or perhaps holding at the pivot, i still see another high coming
Outlook Trade opportunity
Personally, i believe we are on a shot to test the 0.80, I am still long
Risk Level __
Tips -
Always take note of any economical news event on our provided calender below
