As we all know, u shall only wait for signals to place a trade. Here, it is shown in a correct manner.
This marks an perfect forecast (DONT RELY ON MY FORECASTS, THIS IS ONLY FOR EDUCATIONAL PURPOSES).
Shows multiple Signals for a bullish move.
I hope yall like it.
Tell me in the comments on what i can do better.
USD recovery lately on the DXY has seen price come back up to tough on previous highs, the double top hear could have been a great spot for a reversal to the downside or a break and retest long towards the next EQ around 112.
The short offers a much higher RR for the mid term but I cant ignore the fact the DXY was regaining strength and the volume increasing...
My advisor Marketmiracle generated a LONG signal on GBPCHF with a target of 1,2854
Although the previous signal has not yet given the expected results of this fact and this fact is a confirmation of the previous, analyzing the graph it would seem that even the premises of basic technical analysis are there.
The price seems to draw an upside down head and...
Fundamentals: UK opening schools starting March 08, 2021 and ultimately opening businesses in summer. JPY is reporting double-digit GDP growth despite being in a state of emergency. A lot of optimism for GBP due to the economy opening up again.
Technical: Looking for partials at 150.100, reduce SL (not yet to BE), scale in as price retraces (which it will since...
Mixed data from USD. The unchanged Consumer Sentiment and Inflation Expectations provide for a bullish run on Gold shortly. Entry based off-break of 30min consolidation with volume down. SL trailed (original SL shown) - Risk free trade.
Simple Technical and Fundamental Analysis. As I mention in the video several times, cryptocurrency is a very new asset class that has recently started to attract large/institutional investors. Alike any new asset class, cryptocurrency can be moved heavily by fundamentals. When I saw the three major fundamentals released along with the technical analysis alignment,...
Given the recent market moves and macro economic factors surrounding the GBP, we have outlined two potential scenarios for GBPCHF given the current levels that are in play. The 1.22 level has not been broken since September 2019, if we see a bullish weekly close above the level as well as a retest, we can expect price to move (Long Term) to around the 1.27 region...
As the chart explains, US people made a historic dash for cash in November.
Foreign investors didn't gobble up US assets.
US bond prices trended down too, tracking the declines in USD.
So, who is buying stocks, and when do they run out of money?
I have been in a bit of a pickle this month: between elections in the US and a stalling EUR/USD,
my demo took a bit of a hit (more than I care to tell) and one big mistake was to go long SP500
on the NYSE open the very day that a Covid19 vaccine was announced... There was optimism on
Wall Street and I was looking for some direction in anything that...
The USDTRY has consistently been using the 20 simple moving as support since breaking out of consolidation
in August and has risen by 11.7% in that time.
Catching this trend near the start would have positioned you well to add compounds along the way.
Recently price experienced a steep fall which would have raised concerns for many traders out there.
In our last EUR/USD update, we stated that a direct turnaround might be happening. However, we indicated that with a breach of $1.17094, we have to expect further bearish action. The market made a decision by trading below the mentioned level. We then reached our turnaround zone, and the bulls took over as expected. We believe that wave 4 is completed, and we are...
Hey, I am back this time with another analysis.
EUR/JPY has found support at Support area of 124.360 - 124.600 and from here is very likely to test 125.370 level, on which it can perform a Head and shoulders trend changing formation.
Good luck with this trade!
If you took my trade setup last week, congrats we caught some pips baby!! This pair is currently in a bearish downtrend. The pair on this 4hr chart recently revisited the resistance area at 22.16913 which is currently holding. if we close below this resistance area, we may see a retest of the 21.91810 support zone and we may even see price head to support area 21.46403