Member's Login

NonySqueak News:

Brexit Pattern,
[2019-01-15   09:13 GMT]

“The day after we vote to leave, we hold all the cards and we can choose the path we want.” – Michael Gove, April 2016.

After a long vacation, we are coming back on time to watch the Brexit Bulletin where PM Theresa May accord goes to parliament late today for a vote. Will she win or be defeated that is an important measure for making the accord savoury to get it across the line.

The 100 votes is the magic number set by pound traders while 60 is for the European Union diplomats. There is hope if the number of votes is maintained below 100 and reduces the chance to call a no-confidence vote by Corbyn. GBP Positive.

If the number of votes exceeds the 100, all options are on the table including the call to form new government (above 200). GBP Negative.

Rally could hit 1.3000, 1.3350, 1.3500, even 1.3900 while the plummet shall hit 1.2500, 1.2200, 1.2000, 1.1500

Final Count Down
[2018-12-18   10:11 GMT]

WTI Crude Oil is not far from 2019-target at $25; What time?


EURUSD is far still from 2019-target at PAR and below, and


Gold is still far my 2019-target at 1000 and below!


May 2019-Pip Be With You!

 

Not Innuendo Rectangle,
[2018-12-18   10:10 GMT]

EURJPY has graphed an amazing rectangle for more than a month, pointing to a width of 170 pips. It ‘s target would be achieved very quickly one a serious break beyond border is triggered. Will FOMC do the job?

Rise Or Not To Rise, That Is The Final Question For 2018
[2018-12-18   08:03 GMT]

FED increased rates three times this year. Decision on raising again is coming tomorrow and chairman Powell holds press conference afterwards. Probability of increasing the benchmark by 25 basis is 78%, leveling to 2.5%

 The President of the United States Won’t like that increase at all!

Rectangle Pattern Supported by 75%
[2018-12-10   09:15 GMT]

EURJPY rally for almost 10 days since 26 October has ended with a retracement at 75%, graphing a rectangle pattern between 23% and 75% Fib line being developed within almost one month. This rectangle is bordered by 129.30 and 127.40.

A close beyond border is needed to go further.

USDCAD Double Rising Wedge,
[2018-11-16   07:28 GMT]

There is a nice daily bearish wedge that started with the green TLs only to develop false-break on either borders and reform a newly wider bearish wedge as marked by the drawings of red TLs. It is too early to call for a major slump as the panic descent of crude oil hasn’t sealed bottom yet.

The current price stands at 1.3160 and a drop towards to 1.3100 will be excelled by our buy signal targeting one figure. Only a close below the yellow daily descending TL negates the upping move of one figure.

US Avoids Shocking Oil Jump
[2018-11-06   04:35 GMT]


U.S. President Donald Trump on Monday said he wants to impose sanctions on Iran’s oil gradually, citing concerns about shocking energy markets and causing global price spikes.


“This has nothing to do with Iran... I could get the Iran oil down to zero immediately but it would cause a shock to the market. I don’t want to lift oil prices,”  and “If you notice, oil prices are going down very substantially, despite the fact that already half of their capacity is gone,” adding “it will be a gradual” imposition of oil sanctions,” he told reporters at US Joint Base Andrews in Maryland.


The United States on Monday restored sanctions targeting Iran’s oil, banking and transport sectors and threatened more action, part of a wider effort to curb Tehran’s missile and nuclear programs and diminish the Islamic Republic’s influence in the Middle East, notably its support for proxies in Syria, Yemen and Lebanon. Trump’s moves target Iran’s main source of revenue, its oil exports, as well as its financial sector.


One thing is certain: Europe is angry at the U.S. for unilaterally scuttling the Iran deal and possibly crushing the Iranian economy, which could further destabilize the region and lead to an even greater refugee flow toward Europe. Whatever the outcome, Iran will never submit to Washington’s twelve conditions and is preparing itself for a long siege as Trump is winning a second term.


Technically, Sanction Is Bringing Oil Price to Hell - Not Excluding $20 Within Months, Crude Oil WTI is becoming interesting for a crash

Obstacle I. Double Top ahead of imposing sanction

Obstacle II. Retreat ahead of 61% Fib

Obstacle III. Weekly bearish rising wedge formation

Good Luck!

Disclaimer

  • ForexSurvivor Risk Disclosure

ForexSurvivor Terms, Conditions, and Risk Disclosure

Terms, Conditions, and Risk Disclosure are a binding agreement between you and ForexSurvivor. You is defined as a member of ForexSurvivor or non-member. Your access to and use of this website constitutes your acceptance of these Terms, Conditions, and Risk Disclosure plus any other legal notices and statements contained on this website. ForexSurvivor may modify these Terms, Conditions, and Risk Disclosure at any time and without prior notice. You should review the most current version of these Terms, Conditions, and Risk Disclosure by visiting an ForexSurvivor Site and clicking on the icon 'Show,' then icon 'disclaimer' at the bottom of the main web page. Your continued access to and use of this website constitutes your acceptance of these Terms, Conditions, and Risk Disclosure as modified. ForexSurvivor will not separately notify you of any changes or modifications. These Terms, Conditions, and Risk Disclosure are in addition to any other agreements between you and ForexSurvivor, including any agreement that governs your use of information, content, tools, products and services available on and through the ForexSurvivor Site. You should be aware of the risks involved in the foreign exchange (FX) market. The material contained on our website must be used at your own risk. Material is believed to be reliable, but we do not guarantee its accuracy or validity, nor is ForexSurvivor responsible for any errors or omissions which may occur. The analysis and/or recommendations made by ForexSurvivor do not provide, imply, or otherwise constitute a guarantee of performance. All contents and recommendations are based on data and sources believed to be reliable, but accuracy and completeness cannot be guaranteed. It should not be assumed that future results will be profitable or will equal past performance, real, indicated or implied. The ForexSurvivor website and material contained therein is not a solicitation to participate in the FX market. There is a very high degree of risk involved in trading. ForexSurvivor assumes no responsibilities for your trading and investment results. The indicators, strategies, articles and all other features are for educational purposes only and should not be construed as investment advice. Your use of the information is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. ForexSurvivor does not offer any refund matter unless a written agreement is signed by the entity and its party or parties. ForexSurvivor Clients should make sure that by becoming a member of any of its programs should not be construed as a profitable investment advice. There is a very high degree of risk involved in trading ForexSurvivor Programs. ForexSurvivor assumes no responsibilities for trading and investment results. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. You understand and agree that ForexSurvivor shall not be liable for any direct, indirect, incidental, special, or consequential damages, including but not limited to, damages for loss or profits, goodwill, use, data or other intangible losses in any of its services provided. These services are provisioned either free of charge or at a premium fees. You agree not to reproduce, duplicate, copy, sell, resell or exploit for any commercial purposes, any portion of our services, or access to our services. Copying ForexSurvivor forex and non-forex signal(s) into other accounts will force the management to trade negatively the whole and absolute equity with no pre-warnings. The disclaimer is a legal agreement once email is exchanged between the client and ForexSurvivor. Disclaimer is subjected to change at any time without notice. It is a pre-requisite to read the disclaimer every Monday. Broker slippage, liquidity, gearing and leverage, internet trading risks, market opinions, rollover costs, execution model, increasing or decreasing margin, gaps, spikes, and bankruptcy fall in the category of broker's agreement- signed between the broker and the client- and not with ForexSurvivor 's line of agreements. Forex trading is speculative and may result in substantial or complete loss of funds, or even losses in excess of your initial margin deposit. It should therefore be undertaken only with "risk capital," defined as funds that are not necessary to your survival or well-being. It is your responsibility to consider whether foreign exchange trading is suitable for your financial position and investment objectives. If you do not thoroughly understand either the risks involved in Forex trading or ForexSurvivor's various trading rules and policies, you are hereby instructed not to utilize ForexSurvivor's services. ForexSurvivor reserves the right to terminate your usage of the ForexSurvivor membership at any time, for any reason, with or without cause and without prior notice. ForexSurvivor reserves the right to change content, products and services, (including eligibility for particular features, products and/or services) without notice.

Show ↑