Monthly Archives: January 2016

usdcad vs crude oil vs gas pump price

Another hot topic in my home town of Montreal, Quebec, Canada concerning the ever seemingly uber expensive $/litre we pay gas to fill up our cars. Some ask why are we paying soo much more than before while the crude oil is soo low? Devil’s advocate speech is that the Loonie is soo depreciated against the […]

Japan vs The World!

If it smells like a duck, quacks like a duck, and looks like a duck, it must be a duck! Check out all these bearish moves for currencies against the Yen on the 10 year monthly candle charts! Firstly, target almost reached for the cnhjpy forex pair, back to previous breakout levels at 17.50. The sgdjpy […]

“All She Wants Is” breakout!

The eurgbp forex pair is breaking out of bottom formation. Check this previous post from Septembre 6th 2015. Target is a retrace back to the preivous breakdown level, which is also a WALL. Here is the 10 year monthly candle chart. Current candle breaking out above bullsih neck line at 74. The 5 year weekly […]

EURCAD leaving “Planet Earth”?

The eurcad forex pair is testing it’s bullish breakout line at 1.55. A monthly candle close above that will give a 1.69 target. Here is the 10 year monthly candle chart. The 5 year weekly candle chart show mor of the same. A final zoom in on the 1 year daily candle chart. Price action […]

Another brick in the “WALL”. 2

Again, another demonstration on this most important concept, this time using eurjpy. Go read this previous tutorial on my concept here. Before placing any trade, always take a look at potentiel “WALLs” between the current price and the target. If the WALL is present , strongly consider reviewing your analysis. Human views are skewed by a plethora of reasons, […]

Yen getting “Serious” with Loonie!

New year getting really serious for the cadjpy forex pair. Here is the 10 year monthly candle chart. Confirmed breakdown in progress with the decembre candle close below the 90 level. Target is now 80 (which also coincides with the previous late 2012 bullish breakout. The 5 year weekly candle chart shows the small continuation […]

Back to an Ordinary World…

Let’s take a look at eurusd forex pair. Here is the 10 year monthly candle chart. Nice consolidation pattern (+10 months) just bouncing off the support. Arrows indicate the next mesured move in case of a monthly candle close across the break line. The 5 year weekly candle chart show more of the same. Price […]