Category Archives: Charts Posts

Light Crude (CL1, Weekly) – Is there a reversal in crude or just a correction in downtrend?

Mr Hawk/ January 7, 2019/ Chart Of The Day, Charts Posts, Trade Idea, Trade Ideas Posts/ 0 comments

The first week of the year crude made an impressive come back although it did not manage to close above the key $50 level. Oil seems to be oversold and some short covering was necessary. The engulfing pattern on the weekly chart is a hint of possible reversal. Also MACD histogram is signalling weakening momentum as there is a hope

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EURJPY (Monthly) – Are we going to see 115?

Mr Hawk/ January 5, 2019/ Chart Of The Day, Charts Posts, Trade Idea, Trade Ideas Posts, Weekly Charts/ 0 comments

The JPY begins 2019 with a boost as negative sentiment dominates the markets but from the perspective of this high TF (monthly chart) we would avoid the price chasing and would prefer to fade the rally towards the 127.50-ish. Should you have any questions feel free to contact us anytime.Good luck Champs!Mr Hawk DISCLAIMER: This material was created for informational

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DAX (Weekly) – Towards 5000 but is it possible?

Mr Hawk/ January 4, 2019/ Chart Of The Day, Charts Posts, Trade Idea, Trade Ideas Posts, Weekly Charts/ 0 comments

We are done with small H&S formation but what about the “Monster” one? For now we may see some continuation to the downside towards 9500/9000 followed with some kind of bounce/rally. And that might be the rally that will create the right shoulder. Bear in mind that we are looking at weekly chart, so it is going to take some

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EURUSD (Intraday) – 1.1300… Where from here?

Mr Hawk/ November 27, 2018/ Chart Of The Day, Charts Posts, Trade Idea, Trade Ideas Posts/ 0 comments

We were right last time with the view of 1.1200 holding (link). Are bulls strong enough to hold 1.1300 this time, especially after Trump auto tariffs threat? If they can, we may see a rally towards 1.1500/50. If they can not, we may have a break and daily close below that level what may expose the 1.1200/1180 and even 1.1000.

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How do Chinese bonds do amid trade war tensions?

Mr Hawk/ November 20, 2018/ Chart Of The Day, Charts Posts, Story Of The Week, Weekly Notes Posts/ 0 comments

Chinese bonds – Just wondering what the trade war means for Chinese bonds as the 10-yr government bonds yield declined to 3.40% from 3.90% this year alone, while the 10-yr China Development Bank bonds yield slid to 3.80% from 4.80% since January. Do I have to question the higher US yield and safety status of Trys? Amid the turbulence in

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USDCAD (Intraday) – Possible demand, running for stops above 1.3260?

Mr Hawk/ November 19, 2018/ Chart Of The Day, Charts Posts, Trade Idea, Trade Ideas Posts/ 0 comments

Overall dollar was trying to hold support on Friday, so we were testing a possible intraday demand. If it holds, we may see a run for stops above 1.3260.   Should you have any questions feel free to contact us anytime. Good luck Champs! Mr Hawk     DISCLAIMER: This material was created for informational purposes only and represents the

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