Over 160 pips up on this trade. Prior charts: I just wanted to get another update out with todays analysis and fundamentals for everyone! 1.3650 soon come... The Pound looks primed to take on another round number just shy of 1.3650 and is eyeing 0.9000 again in Eur/Gbp cross terms as chief EU Brexit negotiator Barnier reports more progress towards a...
youtube link shows 54% WR, when I backtest at other later time, it had like 8 back to back lost!
Quick analysis on INSG Inseego the hot tech company deploying 5G hotspots with major telcos like Verizon. Yes the stock has had a great run, but it's clearly got momentum and the fundamentals are strong. We are tracking an upward channel with a downward-facing wedge if you zoom in close. If the lines I drew are generally in the right spots, then we're seeing a...
Some ‘key’ UK releases and a barrage of BoE rhetoric essentially sticking to the not now NIRP script, but the Pound has been mainly hostage to Brexit impulses yet again. Cable has veered from 1.3300+ to circa 1.3165 and Eur/Gbp within pips of 0.9000 vs 0.8915 as a result on heightened hopes of a breakthrough before time runs out to get trade deal legislation drawn...
OANDA:GBPJPY Key Points supporting Bearish Bias: 1. Symmetrical Triangle Break to the downside. 2. Psychological Resistance level. 3. Failed Breakout above the Resistance. 4. Falling Wedge Pattern on DXY. Dollar may rise in the long term. 5. Clear rejection of 38.2 Fib level. 6. 50 EMA providing additional resistance. So are you Bullish or Bearish on this...
OANDA:EURUSD is near completion of it's Elliot's Wave pattern following a tough week for the Dollar. Today's action is mostly accredited to strength of AMEX:SLV and TVC:GOLD . I believe there is a correction or some consolidation due early next week with the amount of economic announcements on the US and European sides, and as Brexit new's continues to develop...
USDCAD H4 - A simple break of these cluster/consolidation highs around this 1.34 handle followed by a subsequent retest could set us up nicely for a chance to grab an entry in with the long trend.
Price has now broken out of this descending TL, and retraced into the 38.2 fib level. With a weak NZD and GBPUSD ready for a retracement I believe we will ger a push higher in this pair. EYES PEELED ON 4HOUR close, if we get a doji candlestick like this I will enter this trade.
A few more days. Maybe weeks? We'll get there. Right in sync with SPY hitting the 200 day MA I think.
Bit messy but Here i have compared the strength of some major cryptos priced in both Gold (XAUUSD) and Bitcoin (BTCUSD). Ethereum can be seen as the strongest coin. It seems to be the only one with it's head above water so to speak. a smaller pattern can also be seen on the daily chart
We have seen very little movement since mid June in the markets, as shown clearly with the currency strength chart. Currently we see AUD strength and USD weakness - using a currency strength chart like this can be very useful as an extra confluence in your trade. Regards Darren
Hi traders, As I told you in yesterday's video I need to see a Daily bar CLOSE below or above particular SR area for me to consider that area broken. Yesterday was a picture-perfect demonstration. SPY dropped as low as ~296, turned around, and finished the day in SOLID Green! And today it's gapping even higher with a high probability of filling the gap up to...
BTCUSD Now showing some strength to fly to 13000$ Target. 9000$ is working as a magnetic line. We can see all different reversal pattern on earth appearing above and below this magnetic Line. But this time it is accumulating over magnetic line. its a sign of strength. Set stoploss below the line and let it run to 1300$. Don't Forget to Hit the like button if you...
The euro took strength over yen on monthly chart when this happen in past, euro has made massive moves up, the euro has bounced off monthly trend line which is another good sign, i'm not a long term trader i do intra day but this would be a nice one to hold on for months if euro can keep strength over yen, peace out squares
Crypto NEXO finding support on long term bullish trendline on the weekly chart. Trendline started in September 2018. Also outperforming its own price when valued in Gold (XAUUSD) From what i have seen this rarely occurs, but when it does a change in trend normally occurs. Long term bullish on this crypto.