Looks like we are retesting the 0.618 Fib level of the upward impulse wave, which is text book, a good time to reload at that level, as for the short/medium term we are in a bull trend.
Our pair was able to gain a foothold below the level of 1.1630 and has good chances for further movement.
Yesterday, during the release of indices in the US, we observed a correction of quotations, and the downward movement continued. Stochastic is ready for a turn and already has an intersection, so we advise you to look for points to enter short positions. We ...
The US dollar has started to edge lower against the Japanese yen currency, following FED Chair Jerome Powell’s comments on US inflation at the second-half of his testimony on Wednesday. The USDJPY pair has broken below key support, and the four-hour time frame MACD indicator is also starting to turn lower. Sellers will likely target the 112.20 support region, ...
The euro has erased recent trading gains against the US dollar, following hawkish comments from Federal Reserve Chair Jerome Powell during his testimony before US Congress.
The EURUSD pair is turning bearish across the four-hour time frame, with the MACD indicator turning lower and price now trading below the 200 period moving average on the mentioned time ...
Trying my best to keep things simple!
Were at the bottom of a wedge, just floating in no mans land. We have the 618 right above, and the 786 below equal distance.
On the 4 hour, you can see sell signals at the top of the wedge, creating the last selloff.
No buy signals in sight besides the more irrelevant smaller time frames, with the Ichimoku cloud directing ...
The MACD indicator is in the positive zone and points on Buy deals. The Stochastic indicator is directed to the overbought zone and supports purchases. The RSI also supports Buy deals. Resistance levels are around the marks of 1.3075, 1.3085 and 1.31. The pivot level is at the mark of 1.3055. Support levels are at 1.3036, 1.3026. The price is traded in the lateral ...
Here we see the BTC chart with some indicators that lets us see the moving of the price in a whole different way.
we see breaks at crucial price movements with Gann levels and fibonacci.
but we want to know when to buy and when to sell and those lines are telling us what to do at which moment!
the next support levels are at.
$6330
$5850
$5200
$4700
$4200
...
This morning, the pair fell to the level of 110.28, continuing yesterday's decline. Now the pair managed to break through and consolidate below the support level of the beginning of the last week. We expect the pair to continue its downward movement to the support level of 109.95. Otherwise, the pair may consolidate above the level of 111.14 and move up near the ...
Penny stocks are all the rage right now, in the wake of penny stocks moving 200% and 1000% like PED and CEI could GLOW be next? Here are some levels to watch when GLOW wakes up. GLOW sports a thrifty P/E of about 1.
Despite the fact that yesterday a strong data came out on the real estate market in the US, the pair continued to go up. At the moment we see that the price has reached the level of 1.1720 and has developed from it.
Technical indicators point to the sale.
Therefore, we advise you to look for points to enter short positions on a pair and set TP near the support ...
USDCAD just spiked back up from Weekly Key Level at 1.245, we possibly gonna see a drop back to my
Level, bearish price action was very strong in the last couple of weeks.
Broke short-term uptrend to the downside, our stops are at previous highs, our tp Level is at our actual
low.
This will be a quick one, so trade with care and watch out for fundamental ...
The euro currency remains under pressure against the US dollar on Friday, following second consecutive bearish daily price-close beneath key technical support. The EURUSD pair has so far extended its decline towards the 1.1650 level and remains vulnerable to further losses. Sellers will look to target the 1.1600 level, while buyers will look to keep price above ...
Bitcoin continue to trade to the downside on Thursday, with buyers still trying to prevent further heavy losses below the key $6,200 support level. The BTCUSD pair has come under constant pressure since being swiftly rejected from the $6,740 level. Sellers will now look to target the $5,700 region if they can hold price below the $6,200 level, while bulls will try ...
The euro has fallen back towards critical weekly support against the greenback, after the EURUSD pair failed to hold onto its recent strong gains above the 1.1724 level. The EURUSD pair is now testing the 1.1674 level, which is a critical support area protecting further intraday losses towards the 1.1630 region. Sellers will look to hold price below the 1.1674 ...
