History repeats itself? Looking to sell the retest if we indeed go lower from here.
Weekly: - Bullish Ichimoku - Bullish Heikin-Ashi - Tenkan 157,07 (same as daily Senkou B and Kijun!) - Kijun and Senkou B support at 154,60 Daily: - Trend is still bullish. Let's see if delivers a higher high. - Ichimoku is bullish, with key support moving higher to 157,00+ level. - Heikin-Ashi shows correction was done yesterday at 156,85-157 key support....
Weekly: - Ichimoku is bullish biased, but Bulls need to push it above resistance to be comfortable with longs. Please note that March16 contracts trade 185 points above Dec15 (which will expire on 8th Dec). Maybe simply due to contract change this continous chart will go higher again. - Heikin Ashi is bullish, but at the end of this week we need to check again if...
As I wrote on Twitter yesterday, we likely saw the local bottom and a long entry had a good risk reward close to 155, Weekly: - Price back to the Kumo cloud. Ichimoku setup is neutral. Strange how Tenkan and Kijun deverge, this is a rare and mixed signal too. - Heikin Ashi is bearish, but the situation is not yet lost for "Draghi and Co.". In coming weeks Price...
Weekly: - Bullish - Heading towards a double top... God save bulls if Draghi & Co. doesn't deliver in December! But until they can hold longs. :-) Daily: - Bullish Trend continues. Channel and Ichimoku Kumo cloud clearly marks the trend and the increasing support level. - Support is coming higher to 157. - Heikin Ashi suggests some consolidation starts. Maybe a...
Well, I'd rather lend Germany than Japan for 10 years, but who the hell on Earth believes we won't have more than 0,5 % Inflation on average in the next 10 years??? Of course buyers are not buying all the shtloads of EU debt because they offer a great value, but because they are forced by the ECB to do it. Look at Italy! The totally bankrupt country which...
Bund's forming a rising wedge advance, which looks like a terminal pattern ending in a lower high. A similar pattern is in the TLT chart, and probably also forming in the S&P500 in the coming days. Time at mode trend signals have failed and led to a retest of the mode, and a new uptrend signal, and then a second one confirming this week after the close. I like...
Weekly: - No change in Ichimoku - Neutral with bullish bias - Some noise undecision in Heikin Ashi due to FED and previous selling pressure in ZN (US 10Y) this week, but wtih the pop yesterday and today it remained bullish biased Daily: - Supports held precisely! - Ichimoku is back to bullish (Price back above Kijun + Tenkan/Kijun strong bullish cross) - Hekin...
Mr. Draghi and since his speech more of his colleagues at ECB has promised they will continue QE until Sept/2016, what's more now we have some hints maybe even longer if needed! Meanwhile China and whole EM world has started to export DEFLATION to the rest of the world, so it looks like rates and yields are not in danger, at elast for some more time they will not...
We are witnessing extremely critical times. I see the price action from the lows more corrective than impulsive. We are the upper area of the channel with an AB=CD in a massive change of polarity zone. I see bulls having hard time breaking this zone. This would imply EURO strength and DAX weakness. On the other hand, I see EURO going down against Aussie and...
Resistance zone, 200 day SMAVG above and a number of oscillators indicating overbougth
What is the Bund? The Bund is the German 10-Year Treasury bill, also known as a government bond. A holder of a bond is a creditor, and the issuer of a bond is called a borrower or debtor. When the price of the Bund increases, the yield received on that bond decreases and vice versa. What is the relationship between Bund and EURUSD? Why is this relationship...
- Ichimoku setup remains bearish. Kijun Sen stopped short term buyers again, Price turns down from 152+ bearish support. - Heikin Ashi showed undecision yesterday, and sell signal confirmed today. I am just thinking about the meaning of this price action: 1. Maybe market is not scared of this Greek story at all. Bund doesn't act as safe haven, no panic buying. 2....
As expected, the pull back worked, Price retested Kijun Sen, which again proved to be a strong bearish support. Bund is still a sell. The 5th bearish wave has started today. Let's see how deep it goes. However looking at the weekly chart, I have the feeling that we will see some normalisation in volatility. That means we'll see less agressive moves, and maybe...
It's a pretty strong bear market here. Short positions are still favored, esp. if we see another "pin bar".
What a collapse! Of course I closed my previous short too early, but never mind, on such a volatile mkt like Bund is recently, it is hard to call bottoms and these kind of profits in 2-3 days are still quite good. Watch out now! Bund reached important resistance on weekly. We will likle ysee some pull back up to bearish supports. I opened some counter trend...
The support area in the rectangle has some unique characteristics that makes it a good place to expect the recent Bund sell-off to halt: 1- Trendline 2- 50% Retracement 3- Change of Polarity zone Until that area, I don't see any reliable support on the chart and expect the Bund price to keep falling. Good luck, Ali Sharifazadeh, CFTe
Risk Disclaimer -Technically it look right but fundamentally the ECB is backing the Bund. Will you fight it? Short at 156.02 (or start building from 1.55.90) Stop at 156.56 (risk is 54 pips) Target 1 at 154.07 (Gap with reward at 195 pips) Target 2 at 153.92 (Gap with reward at 210 pips)