we have a flag here i'm waiting a breakout it and go long or if come to 0.382 fibo level i will go long too . if gbp break the flag i guess we going to 1.3500 again if we break it gbp can go 1.3700 . what you think for gbpusd ?
Just before I talk about this trade, just a fair warning that the British Elections are this week on Thursday December 12th. So a high risk event, and will be dominated by Brexit promises. I have spoken about how Central Banks in the Western world are stuck, and they are now attempting to maintain confidence in the system. They want to go back to easing and QE...
The UK General Election 2019. All you need to know. Plus, a great betting opportunity guide as a bonus. As we all know, The UK General Election is to take place on 15th of October, deciding the fate of the country not only for the next 5 years, but for the decades to come! The need for the election was obvious, given the Brexit impasse in the parliament, that...
It is not surprising that nothing significant in the dynamics of prices for financial assets occurred duo to calm mood on the USA and the UK financial markets. Tuesday in terms of macroeconomic statistics also promises to be a very calm day. But we do not wait for a lull in the markets - after 3 days of rest, traders and investors with redoubled efforts could...
Today, we shall consider important topics, near future and opportunities. Elections to the European Parliament will be held in Europe this week. (Elections will be held in 28 countries from May 23 to 26, 2019, 751 members will be elected. Those elected people will represent more than 512 million Europeans, which makes these elections the largest transnational...
Weak zar a head of the election and today is us employment numbers a breakout on the channel could confirm usdzar kissing the 17rand mark again.
I never expected a drop this far/this quickly and have felt the pain looking for a bottom too soon; but here we are. With prices closing on the weekly below Sep '16 - June '17 Support (43.x), I see potential for a continued grind down as prices are right back in the eye of the 2015/2016 storm. IF... prices close a weekly bar below 41.38, then I believe we may...
Trade Set up - In theory, tactically shorting the ‘Aussie’ around 0.7100, targeting the psychological level of 0.7000 level would make sense for technical trades, given the entry would be aligned to a strong underlying trend. That said, the big picture and set-up on the daily makes us cautious to take that trade, in fact, we would look to initiate a long entry if...
Election night has proven to be beneficiary to both parties (depends what you understand by that but it is a consensus, I think sometimes necessary in democracy). Everything went, more or less, according to the polls. Gran'Ol'Party will keep Senate while Dems will get the House. From now on it may get more interesting, although Trump has never had full support of...
9.05 headed to 9.80 range with mid-term elections giving positive vote. Short this
I think if the Republicans win the majority of the mid term election races gold could take a short term dip close to the 1200 dollar range. Now if the democrats manage to win the gold should spike. My reasons are with Democrats holding a majority the out look on the economy will be more uncertain and investors may pile into gold as a safe haven. Now if Republicans...
Yesterday passed without special surprises. Generally, there is nothing strange, the key events will take place today (particularly tomorrow) - referring to midterm Congressional elections in the USA, and consequently the announcement of its results (supposedly, the outcome will be known on early Wednesday). More precisely read about the results and possible...
Today, on November 6, midterm elections for Congress would be held in the USA. Recall, Congress consists of two chambers: the House of Representatives and the Senate. The current alignment of forces in Congress is on the Republican side (235 to 193 in the House of Representatives in favor of the Republicans and 51 to 49 in the Senate). That’s why Trump could...
HOWDY!! - Sticky Joe Sup Peeps, Ok so I have been looking at the charts today because I wanted to make a new TV idea, and I noticed something. WE HAVE BEEN IN A BULL MARKET SINCE JUNE 29!!!! Every single one of those waves up that we have had since June 29 has been actively price-suppressed by the whales (those magnificent b@stards). Bitcoin and the alts have...
Hello Traders, Bank of America Elliott wave analysis suggests that a decline to $27.26 low ended blue wave (3). The internals of that decline unfolded in 5 waves impulse structure in lesser degree cycles. Up from there a 3 wave bounce to $29.19 high ended blue wave (4) as double three structure. Down from there, the stock declined lower in another lesser degree 5...
Hello traders! Today we will talk about FX:EURUSD before tomorrows Congressional Elections, so something big can be preparing. What we see is that EURUSD bounced exactly from 1.1300 strong psychological support level for the second time, which looks like a potential double bottom formation?! Not only this, even our primary tool Elliott Wave suggests more upside...
I've finally cracked the code. I spent 6 hours straight trying to figure it out to the very candle. Let's see how accurate I am.