Traders_insight

Traders_insight

Nigeria's economy has taken a huge hit from the decline in oil prices over the past few months. However, the currency peg has not changed. At some point the currency is going to have to be devalued.

Traders_insight

Short ruble until the low 70's region.

Traders_insight

EUR is moving along its trending on a 1h chart. If it can stay above the 1.8950 level, expect a bounce up as it moves up. First target is a simple 1.272 retracement from last low to highs at 1.0988.

Traders_insight

BAC is hitting its 3SD Keltner channel for both a weekly, daily, and hourly. On the daily, it seems as if we may have hit a small bottom. Possibly a good point to sell puts.

Traders_insight

USDEUR has broken out of its downward trend. Looking for first target of 1.09. If it continues through there, then up to a retest of new highs.

Traders_insight

PRGO is showing that it could make a move to the upside. Squeeze shows it firing higher, plus 9 MA just crossed the 21.

Traders_insight

SLV has hit bottom on all time lows and is now making a push back up. I don't think the slump in commodities is over yet, but I do think there is some buying to be had in the next few weeks as SLV now has moved into this upper channel. Target 14.50

Traders_insight

Expecting a bounce up to the 110 level as these fresh lows AAPL has been making hit a bounce. The bottom already seems to have been found on this most recent move as AAPL hit it's 3 SD Keltner channel. Would look to sell puts as the bounce occurs up and the get short again around 110