Double Bottom or Head & Shoulders both of them confirm Gold is going up , I believe in this analysis prediction.
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After continuous growth, oil does not stop here.
According to speculation, it will exceed 100 USD per barrel by the end of 2021.
As of 7/19/21, oil has suffered a slight depreciation, it is still possible to reach up to 56USD or re-enter the road to 100.
*** It is not a trading idea, only for informational purposes ***
Hello all, today I would like to share this analysis about the FTSE MIB index. A like would be appreciated; now, let me describe my strategy.
1. The horizontal line at the bottom seems to form a good support: it was touched several times in the last 20 years, but it hasn't been surpassed by any bar. Unfortunately, the "First resistance" line kept the index low...
in the coming days the market will probably focus on Draghi and his possible PM position in Italy.
Theoretically, it has a chance to be positively received by the market (at least in the short term).
The single currency vs the Australian has a chance to return towards 1.60 and above.
Long on pullback to the region of 1.5650
Stop below 1.5575
A quick screen of the COVD-19 situation in the Western European countries of Great Britain, France, Germany and Italy shows that all have had a spike in recent months.
The MACD histograms actually decipher the rate of acceleration of the spike in cases.
Hence, the MACD histograms really need to go below zero to get a deceleration in the number of COVID-19...
📍 This diagram comes after the conversation with @lu1977hk, and is no more imaginative than the positional flows across the global equity board.
In Italian Equities the initial offensive targets for sellers come in at 18,466; 17,643 and 16,819 from a "fibs perspective". The connection of further downside in European and Global Equities is more or less the same...
FTSE MIB continues on its way down to new lows. In the shorter term view, it seems to have finished, or nearly so, minute counter-trend wave 2. The next move should be minute 3, where the most probable target is is below 17,000. If prices crosses up 20,400, this analysis should be reviewed. FOLLOW SKYLINEPRO TO GET UPDATES.
I expect 10yr Italian Govt Bonds Yields to slowly drop toward area 1,05/1,13 thanks to the purchase program of ECB. They shall not skyrocket again until next government crisis, or Covid return, or major problems of the EU.
FTSE MIB seems to be tracing intermediate wave (C ) up that will complete primary wave 2. Most probable target before the trend is reversed lyes in the range 20,350 - 21,200. A move below 17,600 would indicate the trend already reversed. FOLLOW SKYLINEPRO TO GET UPDATES.
The latest news from Germany and France " federalisation of the debt " - a prerequisite for survival of the euro. The trigger for Alexander Hamilton in 1790 was Britain, for Angela Merkel its Coronavirus.
So we are gradually getting round to what is an important component in the process of formation in the currency. Like a trojan horse, Eurobonds are being...
The market divergence between European and American stocks just let me think that some countries in Europe will underperform. Besides I just identify a selling signal in Italian stock market and even if it is not the case, the timing seems to be perfect.