Saudi Telecom shares are witnessing a downward trend towards level 61 and if this level is not strongly broken, then we will buy as soon as the market rises and break the level 100 and the target will be level 161.
High Probability if the price break the 31.21 level going up to the 31.95 however if respect the green level and break the trend line the price will down to 30.46 Donation Contact me
Head/Shoulders in monthly ! with a breakdown ! its a good time for short !
Short selling idea Short levels : 27.20 - 26.70 TP1 : 22.00 TP2 : 18.50 SL : 31.95
Hey guys welcome for a fresh Market update -------------------------------------------------------- A request from all of you to please like and follow our Hard work to keep encouraging us, there's no fee for likes and followings :) -------------------------------------------------------- So USOIL slaughtered really badly and historically almost 49% decline in...
My chart for TADAWUL:2222 a major 2019 IPO late in the year Enjoy I am not trading this, just observing the fallout in the kingdom and middle east in general as a 2t valuation begins to sink over time.... The channel is downward; even if we make it back to the top I would likely expect heavy selling when we get there. Manage your own risk GL HF XOXO Snoop
OIL BUY TP_63.40_7.73%_4.548pips_SL_58.13_1.22%_0.717pips
Concluding a year that saw the central bank take down its benchmark rate three times, the Federal Open Market Committee on Wednesday met widely held expectations and kept the funds' rate at the same level. The Fed is completely satisfied with the current state of things. As a result, markets do not expect any changes in the monetary policy until the end of 2020....
The situation in Hong Kong continues to escalate. Trump promises to sign a scandalous law to support demonstrators, which is extremely describing China. And although the US and China declare progress in the negotiations, in such conditions, it can break at any moment. So we continue to look for points for purchases of gold and the Japanese yen. As for the other...
Yesterday against the positive comments from the US and China regarding trade negotiations, safe-haven assets were under pressure. That is not surprising. Recall our position on gold and the Japanese yen – is to buy, however, now we should trade with an eye to a possible surge of optimism in the financial markets against the background of breaking news from...
The current week is full of informational events around the oil market. Which continues to play into the hands of sellers. Yesterday, for example, Morgan Stanley analysts warned that if OPEC + participants at their next meeting on December 5 do not announce a higher reduction in production (current volumes of 1.2 million barrels), then Brent quotes will drop to $...
Yesterday marked of news regarding the oil market and its prospects. Moreover, this news has a one-sided impact in terms of the impact on oil quotes. On the supply side, we have a message about the discovery of a huge oil field in Iran. It is about 50 billion barrels. To understand if it is a lot, let’s have a look at the statistics. Proved oil reserves in Iran...
The previous week, promised to be relatively calm, however, it turned out to be eventful. Gold and the Japanese yen were under downward pressure. The reason is the progress in negotiations between the US and China as well as the growth of positive market expectations regarding the end of trade wars in the foreseeable future. The main result of the week was the...
This week, as we noted yesterday, will not be rich in fundamental events, so markets have focused on the trade war. China deal is likely to be signed in November. Added to this positive news the information that the United States may not set tariffs on imported cars from Europe and Japan. Naturally, the safe-haven assets adjusted against this background. Despite...
Brent has fallen once again to the top of the support zone in use since the attack on Saudi infrastructure. Bulls will be on the lookout for a reversal here.