Recently, the Russel2000 and the Nasdaq100 are developing more and more in different directions. Since we expect a weaker stock market in the coming weeks and months and the Nasdaq100 can drop significantly lower, the possibility exists for a spread trade in both assets. The approach is relatively simple: Long in the Russel2000 and short the Nasdaq100. IMPORTANT...
A beautiful reverse pattern in the EURUSD invites to a short trade. What are the signs for a short? perfect evening star formation CCI turns again below 100 overdue correction changing monetary policy How could a trade look like? There are several possibilities. Short-term trade: Entry immediately, SL at 1.1979 and TP at 1.1718 Medium to long-term...
The picture in the palladium is bullish. Applications: The largest use of palladium today is in catalytic converters. Palladium is also used in jewelry, dentistry, watch making, blood sugar test strips, aircraft spark plugs, surgical instruments, and electrical contacts. Palladium is also used to make professional transverse (concert or classical) flutes. As...
The picture in the NZDAUD 0.03% looks interesting and you should pack this currency pair on the watchlist. Currently, NZDAUD is 0.03% in a 90 pips wide support area and after the rather strong down movements, you may speculate on a counter-movement. If the support zone breaks down sustainably and even a weekly close price is below 0.9050, the path is free until...
The chart shows coffee in a weekly chart over a very long period of time. At the very least, you can see very clearly how important it is to draw support and resistances and trend lines. You can clearly see the trend line that has already been successfully tested more than 3 times. However, there is also an opposite trend line which limits the coffee price into an...
Lower highs and lower lows. A possible short trade could have its stop loss at the last high.
The level 2400 is very important as support. If this support were broken, this could lead to a stabil down trend. We are preparing for this scenario and starting to create smaller short positions.
It is always worth a look at the gold-silver ratio. Currently, gold is 76 times more expensive than silver (per ounce). In the past, it has been shown that the area above 78 is an extreme area and can be used for trades. In this case, you would sell gold and buy silver.
In the EURUSD, there are 4 signals for falling prices: Reversal pattern on weekly chart (bearish engulfing) CCI breaks 100 from the top RSI turns in the overbought area CoT data with commercials in an extreme
Sugar is in a very interesting area. The level of 13 has already worked several times as support or resistance. Add to this the CoT data, which indicates rising prices. Sugar is also supported by a potential trend line. Learn more about the technical analysis, the CoT data and the futures markets in our premium service.
There are several signals for falling gold prices: Strong resistance at 1300 Reverse pattern on resistance Sales signal in the CCI (breaks 100 from the top) RSI turns from the overbought area Increasing volume at falling price
It is worth taking a look at cocoa. The price is approaching an important support at 1800. In addition, the CoT Report indicates rising prices. You will learn more about these and other analyzes in our premium service .