EURAUD LONG!Watch for long. It should try to retest that trendline in the next couple days. Elections coming up too.
Elections
8/05/2017 EUR/USD AnalysisA good bearish candle shows the reaction of the EUR, one day after Emmanuel Macron won the presidential elections in France in 2017.
France Election Alert Marine Le Pen VS Emmanuel Macron.
France Election Alert Marine Le Pen VS Emmanuel Macron.
What can b happen if Emmanuel Macron win the election?
Eurusd 1.12
Usdjpy 114
Gold 1205-1210
What happen if Marine Le Pen win the election:
Eurusd 1.06
USDJPY 110
Gold 1270-1280
As Result and Views Emmanuel Macron will win. Till now Result update
Emmanuel Macron :::: 63%
Marine Le Pen :::: 37%
Golden tunnel still in game!Golden forecast for next week!
Monday (1st May) is bank holiday and markets will be closed.
However, on Wednesday 3rd of May snap elections will be organised in UK.
Last time British people voted to leave EU price of gold moved up.
I expect the same to happen this time - as described on the plot!
Conservative party ruled by T.May will win these elections with significant majority of votes.
Since that time UK will begin Brexit negotiations, GBP will move down to EUR and USD.
Just few days after British elections there will be second round of French elections (Sunday, 7th May).
I predict E.Macron to win presidential elections that will cool down markets and gold will move down again.
EURUSD The Bat up in the sky of Gotham CityThis Batman call is the entry reason to short this pair, a decent enough trade with small losses and big profit
EURGBP potential 2618 setupA 2618 setup will give us the reason to short the pair in order to close the gap
Long EUR / JPYThe prospect of a likely victory of market friendly candidate in France (Macron) would redirect attention to ECB policy normalization and imply a bullish impact on EUR in the middle term. However a victory of Le Pen would drive to an signficant bearish impact on EUR in the short term and support the YEN, as this currency is a big beneficiary of risk aversion. The other main risk of this trade is a strong risk aversion globally that will propell the YEN.
Eur Usd long 09-03-2017hello dear traders & welcome to growing Forex
All eyes on M.Draghi. As of tomorrow the EU said that all the 28 countries economy are growing at a faster rate from the US. Still political uncertainty in Europe its about Greece debt its about France elections it looks like Germany is all alone. Germany minister Wolfsgang said Germany alone cant handle the pressure from the US. For the US tomorrow comes the NFP & later the interest rate decision.Looks Like the pair is trading in a consolidation where a boast is needed to confirm a trend.
Bleak outlook for EURJPYWith major elections in 2017 looming in numerous EU countries in 2017, and with GB struggling with BRIXIT, suggests weakening euro uncertainty.
USDMXN: Uptrend continuation hereUSDMXN has fired a nice buy signal here, so we can enter gradually over a couple days.
If it doesn't move back down under yesterday's open, we can expect significant upside to emerge from here.
The fundamental key levels will tell you what prices will probably do with good accuracy. Please refer to my educational chart on the subject, or ask, for more information.
Going long USDMXN here is a good idea overall, since it acts a bit like a hedge against SPX during risk off events.
Good luck!
Cheers,
Ivan Labrie
Dow Jones Industrial Average - Elections Hillary vs. TrumpU.S. Presidential Elections 2016.
Follow the close price.
If it close in blue area - Hillary
If it close in red area - Trump
GBPUSDAfter breaking out of a four month range the pound had a sharp decline against the dollar in October, since then the pair has been pulling back and it looks like we could be due for a further bearish decline,the pair has pulled back into a key Fib level and rejected.
USDJPY Monthly: "Keep it simple" Interesting to short now. Due to the yen being supposed to be a safe haven currency and a simultaneously strengthening dollar, direction might not be perfectly clear, but the overall trend seems bullish to me. This will probably depend on #BoJ and #Fed incoming action. Good Luck!
Speculations on a GBPUSD trendline (more in comments)Today I will stay neutral; everything will depend on the elections. The trendline doesn't seem solid to me but it could act a bit on the price. Let's see how it develops!
USDJPYUSDJPY has formed a base just below monthly support around 100.052, recent price action would suggest that the pair is in early stages of reversal as a key trend line has also been broken. Price is currently testing monthly resistance at 106.131 a break of this level and we can potentially see this pair reach highs of 111.207 in the not too distance future.
If Trump winsIf trump wins I expect a market crash, around -8% from the current index price to summer 2015 lows, around 1920. To enter a short position though, I will wait for the MACD on weekly to send a sell signal, at which point the loss for the markets could extend further than 8%. I will make sure to keep an eye on 200DMA because a new president means that many long-term investors will be shifting their portfolio composition.
If Clinton WinsIf Clinton wins expect 1-2 week rally for major indices. I expect a retracement back to the 2130-2140 zone where I will enter as short, because after the rally I expect more downwards movement to at least Brexit lows around 2010-2000. Since the lower BB is not widening, I expect a similar situation as 2014-10-13.
Exploding from the 200 days MA line - What's nextSPX exploding from the 200 days MA line as the Market is enthusiastic about potential Clinton win.
2080 was the target zone of my previous bearish setup and it was a strong daily support zone that was also mentioned in my previous analysis - Those of you who capitalize on it - Good job!
What's next?
Well... tomorrow is the U.S elections. Anything can happen.
The next major resistance zone that SPX will encounter with will be 2150 (2140-2160 to be exact)
It has several trend lines that should act as resistance, it has structure, it is the 61.8 Fib level and its where the price will meet the 50 days MA line (resistance)
If you want to bet on a bearish outcome to the U.S elections, that can be a Price Zone that you want to check out.
Bulls can bet on new record high with such bullish reaction to the 200 MA line
#DemoBaller HarryPotterPotential #DemoBallers Harry Potter set up. U.S Elections will probably screw up the set up but what ever. Set up hasn't completed yet so will reanalyze after elections.
#DEMOBallers
Post-election returns pattern from 1996We have an interesting pattern, going back to the 1996 elections. I overlay the one year inflation adjusted returns of the dollar, S&P500, gold and 30 year treasury yields. I see some paralells regarding price action, and would be interesting to see if we get a similar situation going forward.
This is just an observation and what I think is likely to happen based on the pattern of price action after the elections.
Feel free to leave your comments.
Cheers,
Ivan Labrie.
