I would like to trade gold at this moment, but I am not willing to take a massive risk prior to FOMC minutes that will be released later on today! As shown in the graph (4 hr time frame), gold is priced on the higher bound of a 1.5 year old wedge.
While the US-China-Mexico fumble is still on the bounce,...
Its been over a year where the prices have ranged between 114 to 104.5, giving no clear indications. Might as well take advantage of this big range and check out the daily close below the fibo retracement of 50% @ 109.58 to give a clear path for the 61% @ 108.4. Prices currently @ 109.3, got to make a move , placing a stop @ 110.
May 9th 2019
This is a time where the macroeconomics of the U.S are influencing this pair in conjunction with the technical analysis seen on the chart. However, the macroeconomics are having an 80% influence over the price movement at this time, while 20% of the movement is still attributed to the technical.
The EUR/USD has reacted inversely to the...
this is bull dragon! we are back again!
as you can see from my last TA. i Hit the 1st Hyper Bullish Scenario.
Bitcoin is already gainging strong mementum!
but not yet! we are not going to the moon not just yet!
we are having a yet another Correction! dont worry its a healthy one!
it will be very dangerous if we aproach 6k in this early stage of...
Technical Analysis and Outlook
The index is continuously moving steadily to higher towards our Next Index Rally 2840, while a significant Key Res 2814 will act as a major barrier. In near-term, on the downside, there is an intermediate Mean Sup 2747, and Key Sup 2706. (For latest Market Commentary, please visit the TradingSig_dot_com).
Technical Analysis and Outlook
The currency has created a new Key Res 1.3194 just shy of completing our Currency Rally 1.3242, therefore, expect a retest of this significant development in the intermediate time-frame. On the downside, there is a possibility of a pullback to Mean Sup 1.2957 before the up-movement. (For more Market Commentary, please visit the...
Here is a scary thought for the average Mexican. With the leftist inclination of Mexican President Andres Manuel Lopez Obrador (AMLO), Mexico could near an inflation streak for the following months or years to come. Uncertainty has risen in Mexico about whether AMLO's leftist policies will mean the printing of money to pay for public services and goods or weather...
after my previous prediction came true(https://www.tradingview.com/chart/BTCUSD/4FtXJbdL-BTC-USD-showd-a-clear-H-S/),i wrote a new idea for u about btc price!!
btc price will be around $1114 and it's all politics!!!
they want to make u afraid and sell ur bitcoins and they are selling even their miners and get ready to buy all of your...
HOWDY!! - Sticky Joe
Ok so I have been looking at the charts today because I wanted to make a new TV idea, and I noticed something. WE HAVE BEEN IN A BULL MARKET SINCE JUNE 29!!!! Every single one of those waves up that we have had since June 29 has been actively price-suppressed by the whales (those magnificent b@stards). Bitcoin and the alts have...
As described in my previous note on the S&P 500 there have been two major market corrections since the end of the Great Recession. They were periods of high volatility and a lot of repricing of stocks for 140 days or more.
In both cases they started with:
1. A complete reset of the RSI ( Relative Strength Index below 20)
2. The S&P 500 holds below the 200 day...
I will not pretend to be an expert in politics, all I can say is this is the data that I have found. You may make your own prediction. The evidence leads me to believe that if the Republicans win than the value of our USD will remain strong, and our price line shall either stay at current levels, or likely dip further. If the Democrats have a sweeping victory......
Simple Elliott Wave demonstration of multiple extensions within Starbucks price rise over the last Quarter-century. Expecting a possible correction of 35-50%, but anything can happen. Know your Elliott Wave rules and apply them!
Mexican elections will be held on 1st July and candidate Lopez Obrador is the front runner.
According to Lopez Obrador:
"Venezuelan democracy is better than the Mexican one."
"We will revert PEMEX privatization. Oil belongs to the people."
It is unknown if Lopez Obrador would convert Mexico in the next Venezuela or not, but he is already spooking...