" The Dow industrials broke above the 25,000 level for the first time on Thursday " www.reuters.com
"Wall Street starts year on strong note" www.reuters.com
The new year is here, people have taken their profits and are getting set up for their 2018 investments. REQ is in perfect position for an increase today!
This pair seems to be inside a consolidation flag, and it could head two ways that I pointed out on the graphic. RSI shows that there's still room for growth in this market, and considering that BTC is currently going into a correction phase, it wouldn't surprise me if price breaks the downtrend line and heads towards resistance. The 1.12 dollar level could be a...
Here is a forecast of possible scenarios on how LTC might behave over the next 10 days. For now I am long and looking to take my profits around 450$, I might chose to top up in case it breaks through and moves towards the support level around ~250. I find it difficult to believe that it will be able to break through ~200 but if that is the case I will not add...
Initially Thursday’s forecast for the Kiwi against the US Dollar continued on, as forecast. However, something strange occurred after the initial move was complete. As Dukascopy analysts expected a rebound against the lower trend line of the previously drawn channel up pattern, the support of the pattern was broken. Instead the surge occurred slightly lower. That...
Price has recovered reaching a new historic high level.
"Wall Street at fresh record highs with tax revamp in sight" www.reuters.com
What would be the best investment for a long-term hold? BTC, LTC,Ethereum.. etc? Thanks, ZK
Trying some new things. Looking for a correlation between the channel movement percentage and the predictability of a high increase breakout. None of this has been tested, but, when we hit the breakout for the next level at the + integer. We may see a bigger marginal increase until the next level of resistance. Lets see how it goes.
Bitcoin Update Still strong whilst within the new Parallels Having left the building (contraints of the last paralllel) last night Bitcoin went on a tear, nothing to hold it back now. After bottoming a second time at 13083, just under the 13210 next buy point and under the old parallel by 130 points...this would have stopped out the long from 13210 (in all...
"Investors gained confidence that the Republican party’s push for a U.S. tax overhaul would succeed. " www.reuters.com
The Australian Dollar recently surged to confirm a trend line against the New Zealand Dollar. Due to that reason market participants are finally able to draw the previously expected to reveal itself medium size pattern. In regards to the short term the pair is likely going to be pressed into the support of the weekly S1 at the 1.1050 mark. It will be done by the...
After this big drop from October, New Zealand has nice chance to hit and go up fibo's 38% level. There was impulse #1. NZD just hit and pull back from it. Now impulse #2 is a new chance! So my "minimum" prediction is, a trend will hit 0.696 again.
Price has reached a new historic high price with a big bullish candle. "The S&P’s biggest boost came from financial stocks after Fed chair nominee Jerome Powell, in his Senate confirmation hearing, discussed potentially lightening regulation." www.reuters.com
The Euro is surging in a very steep angle against the New Zealand Dollar. The surge began, as the support of a channel up pattern was strong enough to force the pair higher. In addition, the appreciation of the Euro against the Kiwi does not seem to slow down almost at all, when it faces various resistance levels. Most recently the pair slowed down the surge to...