FX:NAS100 Safe Trades;
FX:UK100 Safe trades;
I am looking for a retracement back to the level at $1344, near FIBO 0.764% / 0.618% *Green area* *EOD Call Option*
DRE has been in the news as a strong performer in the recent months, and has outperformed the S&P on a larger time frame. Zooming in, we can see a small HNS on the 15min, that should bring us to test the red longer time frame trendline. This is a great spot for a long again around 24.55 to see if we continue to the upside, however, if this breaks, shorting down...
Late September 2015, #HUN gapped down through the 14 USD level. The stock has tested this level a couple of times and it acted as a strong resistance. In April 2015, #HUN bullishly breached resistance for the first time and now #HUN is dropping lower and testing back the key 14 USD level. Will it hold as support this time? Price is testing the 50 day moving...
EURUSD as seen in chart is testing the resistance. If price closes above the 200ma, we will see more upside.
Lets see if we can't punch through resistance and out into a correction on this downtrend. The lows were rejected for now. If we can keep above 1.0730's, I think this has a good chance of retesting resistance at 1.0800 and perhaps even 1.0870 Two longer term trendlines present a confirmation of the correction if broken. Long entry target is near 1.0740, as it...
This trendline was broken downwards on 21/Aug when market made big moves. GBPCHF is currently testing this TL. Lets see where it leads the next moves.. Keep an eye for confirmation to enter short (or long). Good luck