HELLO TRADERS, HERE'S OUR VEIW ON GBPJPY WITH A 1:3 R/R FOR THE DAY. PRICE HAD TESTED THE 137.400/600 ZONE BUT FAILED TO HOLD AS LONG AS PRICE IS BELOW THAT ZONE, WE ARE SHORT! OANDA:GBPJPY THE TRADING REGIME.
HELLO TRADERS, HERE'S A QUICK UPDATE ON USDCAD. WE SAW A PRICE CORRECTION YESTERDAY TO THE 1.31500 SUPPORT AREA AND NOW PRICE LOOKING TO MAKE AN UPSIDE CORRECTION. WE HOLD FOR 1.32555 OR MORE! OANDA:USDCAD THE TRADING REGIME.
SPHealth - Growth Analysis & Comparison - Cindicator Poll Submission (October 7th - 20th 2020) I've been looking through my Cindicator questions, making forecasts and watching markets as new polls pop up. Here's a comparison chart for 5 major S&P health companies and my rankings forecast. (Descending order from most growth to least) United Health Group Inc...
Crude prices edged higher, touching levels of $43 on support from output shutdowns ahead of a storm in the U.S. Gulf of Mexico and prospect of supply losses in Norway along with hopes for some U.S. COVID relief aid supported prices. Prices got supported after reports of Saudi Arabia considering reversing course over OPEC’s planned production increase early next...
Thursday, as can be seen from the H4 chart, retested the 1.29/channel support (1.2805) combination and held firm, printing a close back above October’s opening value at 1.2925. This has potentially transferred energy back towards the key figure 1.30 ( surrounded by H4 resistance at 1.3009 and daily resistance at 1.3017).017/1.30 resistance (red area on the H4)...
Gold prices edged higher in the early morning session, supported by a weaker dollar and optimism over a new U.S. coronavirus relief aid after resident Donald Trump said talks with Congress have restarted. Giving a contrary statement as compared to few days back, President Trump said there was a good chance a deal over COVID-19 relief could be reached, but gave no...
Trade Analysis based on Fundamentals and on Price Action; With Risk Management You will Never Loss. Best reagrds; Ridethemacro
Fundamental Analysis Democrats and Republicans have various diverging opinions that affect sectors and industries across. The one aspect they do agree on, is they need more infrastructure spending . Technical analysis Breakout to all time highs. RSI @67 OBV supportive of uptrend.
Watch the pair to buy as low as possible. Good luck, 9
it was suggested that the second Presidential Debate happen over zoom video.
Hello trader!! As I predicted on the DXY post, the dollar has experienced a short strenght on September, which coincides with a weakness of the cyrptomarket After a bearish month on the main crypto asset, we could see a new bullish scenario for the upcoming months. The price has been moving on a range between 10.000- 11500 USD, creating some uncertainty on the...
DAILY BOS MULTIPLE REJECTIONS FROM 1HR SUPPLY, TARGETING 4HR DEMAND
WTI Crude prices dipped over 1.7 percent to close at $40.2 per barrel as surge in U.S. Crude inventory levels clouded the demand outlook for Crude; however, lingering supply worries limited the fall. As per reports from the Energy Information Administration, U.S. Crude inventory levels rose marginally by 501,000 barrels in the week ending on 2 nd October’20....
Gold prices were steady as mixed statements regarding the new Coronavirus relief bill, kept the bullion afloat. Top White House officials downplayed the possibility of more coronavirus relief, while House Speaker Nancy Pelosi disparaged U.S. President Trump for backing away from talks on a comprehensive deal. U.S. Federal Reserve policymakers split over how to...
Everyone has seen the daily triangle and is predicting a break out up or down. You don't have to be a scientist rocket for this. You also don't have to be a scientist rocket for the next part. I think BTCUSD is more likely to break down and find support around $9200 or fib retracement Level 0.382. Here's why. 1. Weekly MACD crossed over bearish 2. RSI & CCI...
Thinking the 10 yr pushes up .95 b4 election and a big stock market push higher. After that crashes back to .72 for what could be the most volatile election since Bush vs Gore. Then we end the year back up around 1.3 with Joe Biden winning and markets on a F**king tear
INDEX:DXY Update for DXY...After "No Stimulus 'til after Election" triggers market to buy $Index(DXY). Previously, as linked ideas, I had called for a DXY bounce at beginning of September. DXY proceeded to bounce from its 2011 Long Term upwards trendline, retracing to the 23.6% Fibonacci level($94.40) of the March to September drawdown. From there I forecasted...
Gold is currently re-testing previous support as resistance in a rising wedge fashion. We shall see if Gold can break above the wedge. If it does we are long on Gold til $1955! Catalysts: Trump & Covid Presidential Debates & Elections Fiscal Stimulus for the U.S Upcoming Economic Data