NZD/USD Price BounceNZD could go on a short-term rally off this support line and enter a range trading channel.
Wait for it to drop a little bit more, look for signs of a breakout and then find a good entry point.
This is not trading advice, you should use risk management wisely to reduce your exposure to losses. Good luck!
Short-term
New Zone of Interest for EUHello Traders
Here my new projections on the all time favorite pair.
I don't think you really need anything more than a single trend line to determine entries/exits.
Trying to take advantage on an intermediate downtrend formation.
As my trend line suggests I am looking to go with this move and short the euro but the point in price will depend largely on the point of contact with said trendline.
No contact, No trade
Trade safe, trade well.
KUMBA IRON SHORTKumba's horizontal resistance coincides very closely with the 200 day moving average. Having broken below this moving average, it signals a sell on the stock. We are currently seeing a bounce to re-test that level as well as resistance...I'll be looking to short R314.00 for a downside target of R270.00. Risking only 2% of my portfolio, the stop loss is placed at R327.00 which could signal a possible breakout
USD Jpy Pre London Insight Short TermI see the DXY moving to fill a monthly wick @ 96.72. With this bias in mind, I see USD continuing a bullish uptrend with reaction towards fed rate hikes fundamentally. I've framed my entry on a short time frame... I see entries at 133.518 and 133.57 for a bullish move towards a push into a major resistance zone. Possibly TP1 @ 114.111 TP2 @ 114.325.
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If we get rid of the govt involvement in our economy there would not be any problems in our system. The system is natural selection and whoever out competes should overcome.. That's how we evolve as the human race. XRP should help give you a jump start in your life, use that money that we will make from it to better reinvest into your financials!
May The Trends Be With You..... Always.
Ascending Triangle - Short-term breakout to occurShort-term
Ascending triangle - waiting for breakout
- Hard capped at $6,600 w/ bears in control
- Finding support at 61.8% fib level ~$6,350
- Expect sideways action between $6,350-$6,600
- A break above $6,650 would put the bulls back in
the driver's seat
Looks like ETH has hit bottomEthereum's price action looks to be bottoming out at a psychological support of $430. Heiken ashi is showing a possible trend reversal in the next few hours. While from our oscillators we have a divergence from MACD and a much stronger one from RSI. Bollinger Bands are also showing a weakening trend by price consistently failing to hit lower band. We very well could be in for a trend change on ETH. As a trader, I would recommend waiting for a more confirmation such as price breaking the upper resistance band on high volume or MACD to cross center line. Either way, rest of the day looks green for ETH if it can maintain current support level.






















