EURNZD outlook for the rest of the quarter. Eliminating swing trades focusing on taking one side on the yearly trend style of analysis. Within trading I advocate for looking at trading from a much longer term view and playing day to day trades within the larger trends to capture maximum pips and lowering risk by locking in pips and not dollars.
This thing is way ahead of where quarterly money flows suggest it should be - I think it will pull back and consolidate 1.10 - 1.150 range. Also looks to be exhibiting the same post-crisis recovery that it followed after the GFC. I'm pretty sure all of these anti-fed pumpers were out there barking about it back then as well. Also, Bitcoin (all cryptos) still...
Current zone on BITSTAMP:BTCUSD has been holding quite well last few days, gives us some confidence of trying out 53k 1 more time. #AHMEDMESBAH
FX_IDC:EURUSD Monthly is showing a retest to a broken massive channel, these setups usually take months to play out. Primary target is 1.16 Follow for more setups... #AHMEDMESBAH
NYSE:BA Has recently tested the weekly demand zone around 212. The stock been in a downtrend since March 21. Having looked at the broken descending channel, do you think we are having a breakout? Next few weeks will tell. Price last week has reacted to the lower wedge of the main channel that was created back in May 20 and the very long respected wedge that been...
TVC:SPX Trend's is solid and has just broke through a minor resistance. A retest back to 4644 is applicable to make its way to next target around 4730. Where we should see some slowness or even a decent correction. Any close above 4741 is a buy to target next level +4900. Like and follow if you need to receive more updates about indices and stocks. #AHMEDMESBAH
NASDAQ:CMCSA Is now retesting a broken channel, ranging between 51.50 and 49.85. Any price action below this price range will create more odds to the downside. A close below 47.80 will void the setup. #AHMEDMESBAH
NASDAQ:DISH Is approaching a very important crossroad. Watch out from November! #AHMEDMESBAH
Awaiting NASDAQ:LYFT next earnings on November 2nd. Technicals show a potential of a breakdown to target 35 before year end, however that mainly depends on next earnings report. #AHMEDMESBAH
FX_IDC:SGDJPY Is approaching a significant level around the 1 year Supply zone alongside the upper wedge of a channel that has been extending since March 20. Odds to short side as a correction, however, the uptrend remains solid. #AHMEDMESBAH
FX_IDC:XAGUSD #23.400 #AHMEDMESBAH
TVC:DXY #AHMEDMESBAH
SAXO:AUDUSD #AHMEDMESBAH
FX_IDC:CADJPY #AHMEDMESBAH
FX_IDC:USDCNH #AHMEDMESBAH
FX_IDC:EURZAR #AHMEDMESBAH