A beautiful ascending triangle has formed on the Daily AUDUSD chart. With a bulk amount of news being released this week for the both the TVC:DXY and BMFBOVESPA:AUD1! watch for a potential setup this week!
This current LONG order is based off my 4H trend following strategy. I use the 40MA as a support barrier and LONG orders can only be made when 40MA is above 120MA.
Trade entered at the end of 4H close (17:00 GMT+1).
SL will be move to entry (£0.00 loss if hit) after 4 x 4H candles (16H) if price is above, ...
BLDP is currently ramping up production for buses/trams in china and is seeing a decent ramp-up in production for these orders. They also recently signed a deal with a Toyota subsidiary in japan for distribution and is expecting news soon.
Chart wise--- If a new low establishes itself above 1.92 we could remain ...
I think that the Gold probably will go until the weekly support at 1250 then maybe to the monthly support at 1200, we can see the break of the trend line from the begging of the year 2016, we need to find a good entry for a short position.
Be careful and good trade :)
Eur/usd trade at 1.1218 (+0.00336) (+0.3%) at the time of writing, according to me there is buying opportunity at 1.1220 for the target of 1.1340, 1.146.
* Its just my view only trade at your own risk.
After strong decline it is time to take some profit in short term buying opportunity, according to me green pips entry at 44.05 for the target of 44.60 and there is reversal price point at 44.95 and 45.31. If critical point does not hold the price on these level then may touch level at 45.60.
Its just ...
Potential short position as trend breaks support and makes bullish move to retest previous support which I believe will lead to bearish move although there is no indication from my technical indicators.
Spot Nifty open with gap- down (-90.20) (-1%) at the time of writing, major trend is remain bullish but minor trend is bearish. So, according to me there is short term selling opportunity at 8835 and take profit at 8768, 8684 and
USD/JPY could not break the descending Trendline like i mentioned in my last Analysis. However i sold the breakout to the downside and I'll look for another breakout to add more Positions.
Always follow your Plan, Daniel
Likes and comments are appreciated and would keep me motivated
The EURBRL comes into BIG Support Zone. The RSI Indicator shows Positive Divergence.
Big Support Zone around: 3.50
Fist Resistance zone is around: 3,95
Second Resistance zone is around: 4,50
Go Long after the price breaks the red line. This gives confirmation higher prices will come.
There is a good risk to ...