MokgatlaRSA

MokgatlaRSA

With everything that's happening in the financial sector, and speculations about a recession. Just like previous prediction on Citigroup share price, JP Morgan is setup for a short after breaking below the major support and turning it into major resistance. I'm for share price to drop to the next major support @117.29

MokgatlaRSA

With everything that's happening in the financial sector, and speculations about a recession. Citigroup share price dropped into a weekly downtrend channel and breaking below previous major support. I'm hoping for the share price to drop to the next major support level @39.58.

MokgatlaRSA

Price broke above the 4H downtrend channel and the major support @83.596. I'm look for price to pull back and retest the major support where I will look for a long position taking it to the major resistance @86.386.

MokgatlaRSA

Gold has break below the uptrend channel and the previous major support and it seem to be retesting it. What are your thoughts on Gold

MokgatlaRSA

Along with the Nasdaq and DOW I see short trades as I see long trades on the dollar. What are you expectation on indices

19:59

MokgatlaRSA

This is my expectations in the market, what I'm looking at in my watchlist and the economic data

02:37

MokgatlaRSA

I was hoping for EURAUD to go down further, but price decided otherwise. This my next expectation on the pair, what are yours?

14:47

MokgatlaRSA

It's been a long time, here is a video on what to expect in the market during the week as central banks are about to raise interest rates once again and three large companies are set to release earnings

MokgatlaRSA

Price broke below the 4H uptrend channel and fall in the major support, but before I sell I will wait for price to break below the major support turning it into a resistance @1.45466.

MokgatlaRSA

Price fallen below the weekly downtrend channel and into the major support. It also seems to be breaking below the major support @4062.13 where I will wait for a retest before taking a short to @3899.29

MokgatlaRSA

Price fell into the major resistance while respecting the uptrend channel. If price break below the uptrend and the major resistance I look for a short position below @99.33 taking it to the next major support

MokgatlaRSA

Price is resisting the the table of the uptrend channel and could increase till it breaks above the major support @63.03 where I will look for buy opportunities.

MokgatlaRSA

Despite todays fundamentals GBPJPY is resisting at the major resistance for the third time creating a head and shoulder pattern. Price also broke below the 4H uptrend channel and the major resistance while dipping in the 4H downtrend channel. Now price seems to be retesting these structures.

MokgatlaRSA

Price has broken below the weekly uptrend channel and now is trading between the major support. If price breaks below the key level I will sell as it keeps creating lower lows and it could fall to the next major support @91.321 where I will take my profits

MokgatlaRSA

I have friends who want to know my analysis for NASDAQ and honestly I would wait till the fundamentals for the NFP are released, because NASDAQ is a bit confusing at the moment and the dollar keeps on strenthening. However if I want to buy I will wait for price to reach @12110.1 and sort of give a conformation.

MokgatlaRSA

The price broke the key level @105.961 turning it into a a major support and might retest the level before going up to the next major resistance @108.280. The more the dollar index price increases, a possible recession for the giant economy. However we will have to see how the price will react to the big fundamentals happening on Friday

MokgatlaRSA

A head and shoulder pattern has been formed in the major resistance and price has break below the 4H uptrend channel. Once the price closes below the major resistance @0.71952 where I will enter for a sell position taking my profit @0.70710 and stop loss @0.72525

MokgatlaRSA

A double bottom has been formed making the price to jumped back into the weekly uptrend channel and seems to be breaking the neckline of the pattern at this point which is the major resistance where its trading. Once the price breakout the major resistance @2385.34 I will wait for price to retest the major resistance turning it into major support and look for...