One of the strongest trends of the recent days have allowed this market to recover more than 61.8% of the last swing down (seen on a daily chart). Now 0.83 is in sight. It can be reached and breached, as such strong markets tend to test the upper median line parallel.
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Disclaimer:
There is a very high degree of risk involved in trading forex. I assume...
AMD has been trading around 4.04 for a year now, seems like 4 is the middle of both buyers and sellers. Even reporting good quarters it did not manage to go above 4.5. Good news is Lows are higher and higher, and the trend channel is going up. Traders cannot avoid the fact that the business is going somewhat up. And it is harder to manipulate the stock price...
30 - Year Treasury Bond
Long entry on Tentative Up Trenline and Resistance Line Level that can act like Support Line..
Stop loss below Resistance Line Level.
Take profit at 3.73.
See below the links TNX 10 - Year Treasury Note
I posted a case on the daily taking some liberty with the possibility of a symmetric triangle -- I determine a bullish case due to MACD/RSI/OBV suggesting a positive divergence with respect to price. In this case, I with a descending triangle, I see a channel that is forming in a possible uptrend with significant fib resistances.
Market is choppy in 2014 with lack of continuation moves both sides. So, theme of the year is stock specifique approach. I am looking for strong stocks, buying pullbacks and support.
Intel is in strong uptrend since the beginning of 2013 year.
Now, stock is wedging. Support at $26.00 could be our stop.
Next resistance (target is $27.12 double top)
If it will...
The bullish blue fork served, in terms of its warning line, as a support for further upward advancement of this currency pair. There's also the magenta bullish channel containing the price action quite nicely. So, I'm not giving up on this market yet. The sterling has strengthened recently and, esp. vs. the JPY, is quite likely to test the highs to the left. I...
I expect this market to either retrace to a lower sliding paralel and then make a nice rally up, or go up right from where it is now. Those new highs didn't make much progres to the upside, so it looks like it wanted to retrace deeper, before it makes any further advancements.
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Disclaimer:
There is a very high degree of risk involved in trading forex. I...
If this fork is going to hold, I expect the price to get at least to 0.8245. I like the support level below, so any SL orders should be placed below 0.814. The aussie has been performing below its recent 'true potential', became overbought (by my measures), so I expect it to strengthen in coming hours. On the other hand, I find the Swiss franc pretty weak, but...
Now it's just a debate: if the current up fork is going to hold or fail, as price has crossed it from its upper parallel to the lower one with ease. This market is in a very-long-term down trend, found resistance above 94 and then even below that level. Now it is about to say, whether it's going to stay within the fork or not. It can either turn into an overshoot...
GBPCHF
Price has been in a W-uptrend quite some time now.
It recently respected W S&R and started a new daily uptrend (last couple of weeks). A few days ago we broke a triple tapped daily trendline.
The Trade:
Following our earlier projection, we now have a nice confirmation candle*, closing higher then the previous bear candle. This is an ideal spot to take...
Current Trend is upward, losing momentum, so likely the price will not beat previous high and will form a Head and Shoulders pattern. After which the long term downtrend is likely to begin a 2-4 weeks from now.
Fundamentals are improving quarter over quarter and year over year so medium-term uptrend continuation is most likely for now.
![AMD: AMD - more of a pop than drop [or "stuck in the middle"]](https://s3.tradingview.com/n/nbwwTjno_mid.png "AMD - more of a pop than drop [or \"stuck in the middle\"]")
