According to Gartley patterns this pair ready for another dive. However, if you take a closer look on both of the RSI's are confirming as well. Check it out , and comment your thoughts. Goodluck!
as we see that today it didnt go up more than 1231(i tought it would go for 1235 but it didnt ), It still has possibility goes to 1250 around . if it breaks to 1210 down , then be careful who's trading up!
I think that the EURUSD it's in importent moment that's mean, in the coming days the chart will find his direction, now the graphic is between two rangs, 1.126 and 1.113 that i called daily support and resistance. Target: in case we broke the daily resistance our target will be the monthly resistance in case we broke in the down side our target will be the...
NZDUSD week at what is indecisive and formed a few weeks a side step below the level of 0.7330 and it looks like the bulls there is no interest on the part of breaking this level (at the time) doing an analysis over long time under that level and formed a bearish pin which bodes well for this short on the daily closing just above the average at 21 times next...
consistent lows, holding 100 level as resistance as well as 23.6 fib, enter 99.000-100.000
My view on USDOLLAR, we will see after referendum if it really wants to go down.
hey traders. Here's a bat pattern. Nice opportunity to enter long. Those of you who is somehow familiar to this pattern know it's effectiveness. It's about 60% accuracy. This pattern provides very low risk as compared to reward. usually it is 1 to 1,3 for target #1 and 2,2 for target #2. Having such a risk to reward ratio you don't need to be right more then 50%....
Deteriorating demand expectations has induced volatility in price of copper, however, has recovered steadily around 8% of its value in the last two months. China main importer and consumer worldwide has seen fall its HSBC Purchasing Managers' Index (PMI) from 50.7 in February to 49.6 in March, signalling to Renewed deterioration in the health of the sector....
Strike Workers this week in Grasberg (Australia) – the world's second largest copper mine by capacity – Reduction of mining projects in Chile, and Chinese inventories that fell for the first time in two months, a signal that demand in the top metals consumer is slowly recovering after a holiday. Have made that Copper prices jumped to a two-month high on Friday....
China is the world's largest copper consumer, accounting for almost 40% of world consumption last year. The National Bureau of Statistics said in a report earlier in the day that home prices in China declined in 66 of the 70 cities tracked by the government in February from a month earlier. New home prices slumped 5.7% on year last month, following a decline of...
Short term. In case if the PA will confirm a level brake, the continuation towards the 1D down-trend is highly possible. It will open the way down to 1st: 0.7600 2nd: 0.7550. In case of a bouncing off the 0.7650 Level, the price 1st target will be at 0.7750.