The PMIs were devastating again for Eurozone. The EURUSD dropped heavily during the day. Possibly the downward movement is finally over. A retracement is expected back to the 61.8% of the movement. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar: mau.bdswiss.com/economic-calenda... Risk...
Regarding our observations, currently there are absolutely more buyers in the market. After breaking 0.8850 there is good place to long the pair. Breaking ascending the trend-line down and retrace to top of the bearish channel make good chance for a short trade. breaking down 0.8742 could be anoother opportunity for shorting the pair.
After the recent bullish move , now UNFIUSDT is break through inclining trendline and support area as well and it looks like UNFI is ready for big selloff. Currently the price is retracing a bit and if it get rejection from 4.10 area, will be nice for sellers to attack.
Primary Chart: TSLA on Weekly Time Frame with a Downtrend Line from the All-Time High and Fibonacci and Measured-Move Levels Preliminary Comments TSLA is poised to stall soon, perhaps into July 21. By definition, a stall does not necessitate a crash or major trend reversal (at the primary degree of trend). A major reversal downward (crash) is always...
GBPJPY is trading in smooth bullish channel and perfectly following Dow Theory by printing consistent HH and HL. We are waiting for the price to print fresh HL which will be nice bullish attempt.
CT CTRM jumped about 20% with earnings in my idea published as that was occurring. It is now in consolidation for two days on the 30 minute chart in what appears to be a high tight bull flag pattern. These patterns are typically predictive of a bullish continuation with decent reliability. The continuation can can be as much as the height of the flag pole...
We saw a massive rally over the last months, with retracements around 100 handles. This week's price made a 108 handles retracement after 4 failed attempts to form a new high at 4600, then price fell back to the magical 4500 level in 3 days. At 4500 we saw a volume spike at the closing hour. With a higher low. All together it looks like a W formation at the...
The market moved rapidly to the upside. Possibility of retracement in this volatile environment is now forming. As per the Fibo retracement tool. Arrow shows the 61.8 Fibo level that the index might retrace to. __________________________ Information Regarding Important News and Figures can be found here in our Economic Calendar:...
Finally we see that after the ECB conference the EURUSD has finally put a stop in the downward movement after finding important support levels. Will this be the chance for catching the retracement? The arrow shows the 61.8 Fibo level at which the market could retrace. This is the most probable scenario for the day if we do not see any surprises to the downside....
XMRUSDT is trading in bearish parallel channel. Currently the price is retracing at 50% fib level which is also the channel resistance and it seems like it will fall from this level.
NEW CHANCE FOR THOSE WHO MISSED OUT THE FIRST MOVE UP!?!??! IF you check out my older XRP ideas.. you will notice that I caught XRP from the very very bottom (all in buy zone on the charts) and made an amazing GAINS with people who followed me. As you can see volume is dropping and buyers are getting weak.. We might see a retracement on this pair as SEC lawsuit is...
Hi traders! As I previously analyzed (You can see it in my profile), the price reached near the 31K. This resistance zone becomes a crucial one as for it coincides with the RSI satiation and mid line of the channel. If price can break below the KEY zone (shown in image), a further retracement down to TARGET shown in image is probable. Have a nice day!
GBPUSD is in enormous uptrend and respecting well the bullish channel. Currently the price is retracing to Fib golden ratio which is giving signal that bulls are getting ready for another leg up.
After the announcement about intended unchanged BOJ rate today, the Japanese yen fell dramatically. A retracement is possible since the market seems to experience an interesting resistance on the USDJPY chart. As per the arrow back to the 61.8% of the total move. __________________________ Information Regarding Important News and Figures can be found here in...
Yesterday the NAS100 underperformed with a great downward rapid movement. It is an apparent reversal after a long upward path. It is Friday and we are not expecting much activity after the NYSE opening, however it is expected that a retracement will take place after this reversal. As per the arrow, back to the 61.8 Fibo level....
AUDUSD is trading in bullish channel. it is also creating a bullish channel within the bigger channel. currently the price is retracing a bit( the fundamental reaction) but seems like it coming down to get fuel up for bullish trajectory.
GBPJPY is in bearish trend and recently retraced to fib golden ratio and now it seems like the pair is getting ready for another sell off.
NYSE:DE is trying to hold above to break out of its bull flag. This is one of the companies that a lot of investors would run to if there's a sector rotation out of tech. With a 1.19% dividend and potential growth ahead, you could see DE attempt to test the resistance around 418. Bullish Case - There is little to argue in favor of a bear case for this ticker...