Failure to trade higher after 3 time units (reaction) will usually signal a continued decline.
The risk of a battle between the EU and Italy is looming after the EU signalled the launch of an EDP on the deviation of Italy’s 2018 fiscal figures from the EU targets. Statements from the Italian government suggest Italy will not stand down. Sell at market, since we have broken through the continuation point!
Italian markets came under strong pressure yesterday as Bloomberg ran a story that the EUCommission June 5th will consider a disciplinary procedure over Italy’s failure to rein in debt. An Excessive deficit Procedure is a lengthy process, but if the story is true, the standoff between Italy and the EU that we had expected in the autumn could start much earlier....
Trump ritarda i dazi alle auto, tutto il reparto auto mondiale risponde subito. Fiat sembra impostata bene. Buy.
Bears can look for possible shorting opportunities on weak pullbacks on lower timeframes.
dopo la precedente zona di accumulo il prezzo si è lanciato in long per raggiungere un importante massimo precedente a cui ho piazzato il secondo tp ci troviamo su un 0.5 di fibo che sembrerebbe essere un semplice retest prima di riprendere a posizione vorrei inoltre far notare che in una visione più ampia potrebbe essere una wave 5
possibile rientro in buy per un lungo termine su XAUUSD , rimango nell'attesa di una divergenza completa e candele che mi diano una conferma di rientro. nel frattempo chiuso il primo TP.
Trend line ribassista sentita e rispettata. Titolo in calo dal 2017.
Yesterday's dollar growth took many by surprise on the foreign exchange market. The dollar index has reached its maximum in the last couple of years. Let's try to understand the reasons for this growth, as well as reflect on the near future of the US currency and trading tactics. There were several suggested explanations for the growth of the dollar by leading...
The trend is strongly bullish for the Italian index. This from the first days of January to this days. After the collapse of May (from the highs) it has reached the support area setted at around 18000 points. The price in these 4 months has recovered most of the descent, returning below the key static resistance in area around 22300 points and identified by 23.6%...
In line with other major global index, in the short term there is a retracement even by Italian index. The price reached the resistance area between 21450 and 21550 points. A break on the upside would have led to a continuation of this uptrend up to the next resistance zone located between 21700 and 21900 points. A rejected, ( because as we said "In the short term...
In line with other major global index, in the short term there is a retracement even by Italian index. The price reached the resistance area between 21450 and 21550 points. A break on the upside would have led to a continuation of this uptrend up to the next resistance zone located between 21700 and 21900 points. A rejected, ( because as we said "In the short term...
Using some fibonacci r. , ma (9,26) and ADX with d- d+, going short with 1.74RR ratio after reversal signal ( support breakout ), a pretty easy trade, simple. Less is more.
Very short term In line with the other world indices, this upward trend driven by the resumption of American prices will tend to continue. The level to which it will aim in the very short term is the dynamic resistance identified by the weekly EMA200 at an altitude of 20450 points: from here it will be understood whether it will have the strength to continue...
SNB have cited multiple times, that they are not afraid of intervening their currency. According to SNB, the CHF is highly valued and there could be something about the talk. But With brexit around the corner + italy budget crises, CHF could be lifted even more. on top of that, some German banks cited that Germany have higher risk of entering a recession....
Bullish channel on FTSE MIB on the daily chart. 20226 could play resistance. ***As usual, not a trading advice of any sort. Informational and educational purposes only***
And the answer is... not exactly! FTSEMIB It could go even lower than you think. This is a weekly chart so there's no call here. Sidenote: "Top-notch entries are exclusive to members of Cream Live Trading" Learn how to beat the market as Professional Trader with an ex-insider! Have a Nice Trading Week! Cream Live Trading, Best Regards!
The graph is an update of the previous analysis and follows the spread between Italian BTP 10Y and German BUND 10Y with a timeline of the Italian government's announcement and the European Commission responses