GBPJPY BUY SENTIMENT AS WE SEEING THIS WEEK THEIR WAS NO PROGRESSION THAT MEANS IT WANT TO BREATH SO I WILL BREATH WITH THE BOUND AND DEFINATELY IT WILL PAY MY BILLS HHH JUST KIDDING BUT TO BE SIMPLE IT WILL GO MORE UP.
Strong Bearish Signal: The price demonstrated a sharp fall supported by the large institutional volume and negative delta. It implies that there is a significant sales imbalance at the moment. Volume Zones: This formed a new level of resistance, which contains large market participants volume and was created during this move from 0.7292 - 0.7302. Consider...
Strong Bearish Signal: The price continued falling yesterday. The slump was keen and supported by the increased volume, which shows the power of sellers. Volume Zones: This formed a new level of resistance, which contains large market participants volume and was created during this move from 1.1826 - 1.1836. Consider Short Positions: Given all these...
Strong Bearish Signal: The price demonstrated a huge and sharp drop supported by the large negative delta volume, which shows the large sales imbalance at the moment. Volume Zones: This formed a new level of resistance, which contains large market participants volume and was created during this move from 1.1942– 1.1955. Consider Short Positions: Given all...
Strong Bearish Signal: The price showed a huge drop supported by the large institutional volume. It denotes that institutional players shoved the price down. Given that the move was abrupt, the probability of the further slump is pretty high. Volume Zones: This formed a new level of resistance 1.3060, which contains large market participants volume and the...
Strong Bullish Signal: THe price continued rising, moreover, the growth was rapid and supported by the increased volume. The large positive delta denotes that there is a significant purchases imbalance. Volume Zones: The volume was evenly spread across the movement, hence, we can't allocate any new volume levels or zones. Sentiment: This indicator shows...
This pair is depreciating more and more, the previous daily candle closure was a huge bearish engulfing candle suggesting that we could potentially see more selling pressure leading into next week. Now that price has broken the small ascending trend line marked, I would expect a slight pullback followed by more aggressive sells. I have marked the levels I am...
Strong Bearish Signal: The price demonstrated a huge drop supported by increased institutional volume and large negative delta. It denotes that sellers are prevailing the market at the moment. Volume Zones: We need to point out the support level 1.3137. The price is currently testing this mark. Sentiment: This indicator shows that 79% retails traders are...
USDJPY LOOKS like it is getting ready to break out of the ascending trend line. I have put emphasis on the word LOOKS because it is not yet a confirmed breakout, so for that reason, we still need to treat the trend as bullish. If we see a close back above the trend line we can look for potential long term buys, If we get a confirmed breakout we can look for sells...
Strong Bullish Signal: The pair showed a sharp growth and broke out the previous level of resistance. The move was on the large volume, so that we may assume that the smart money pushed the price up. It increases the possibility of the further surge. Volume Zones: We need to point out the new level of resistance 106.45-106.49, which contains the large volume....
Although we did see a break of the consolidation area marked in blue, we are now facing a key structure level marked red. Before you consider any buys it would be best to wait for a break and a re-test of the structure as illustrated. IG Client Sentiment - 64% short COT Data Source - 61% short
I urge you to take a second look at gold as this could be the potential next move. I was very obvious that gold created a supportive area where price began consolidating, many people would have looked at this area and saw a ranging area at a supportive zone, they would have gone ahead and placed there buys. If you would have placed there SL's like the majority of...
Consider keeping this pair on your watchlist, It could potentially breakout aggressively to the downside or continue to the upside after breaking and re-testing the 1.31000 level. In my opinion, I have more of a bullish bias but I will trade with the markets and not be fixed on one particular bias. According to COT data source - 63% are short IG Client Sentiment...
Allstate is one of my top picks in terms of both value and sentiment. In terms of technicals, it's a classic potential trend line breakout play. Value After a significant selloff this year, Allstate is still trading near the bottom of its 3-year valuation range in P/E, P/S, and P/D terms. The company is financially healthy, with a 78/100 score for financial...
Strong Bearish Signal: The price showed a sharp and keen drop supported by the large institutional volume and broke through the previous support level. Moreover, the large negative delta shows that there is a significant sales imbalance now. Volume Zones: This formed a new level of resistance, which contains large market participants volume and was created...
Strong Bearish Signal: The price demonstrated a huge drop supported by large institutional volume and now is testing the support level. The large negative delta shows that sellers are prevailing the market. Volume Zones: It is necessary to point out the new support level 1926.60 - 1934.50, which contains the large volume. Consider Short Positions: Given...
Strong Bearish Signal: The price demonstrated a huge drop supported by large institutional volume and broke through the previous support level. Moreover, the movement was supported by the large negative delta, which means a significant sales imbalance. Volume Zones: This formed a new level of resistance, which contains large market participants volume and was...
Strong Bullish Signal: The pair showed a sharp growth and now is testing the level of resistance. The surge was on the large volume, so that we may assume that the smart money pushed the price up. It increases the possibility of the further surge. Volume Zones: We need to point out an important level of resistance 0.7252 - 0.7262. Sentiment: This indicator...