U.S. DOLLAR / BRENT CRUDE OIL FX_IDC:​USDBRO

The down fall continues ... 56.80 will be my take profit ...then week can expect so strong bullish ...but will wait for a strong rejection... for now i'm all way in to 56.80 zone .

Tabloids and analysts call for $100 amid Iran fallout of supply chain. This simple chart confirms this fear as the contact area within a possible large triangle sits right between 95 and 98 levels.

U.S. DOLLAR / BRENT CRUDE the time period is longer than on the chart, but I conveyed the essence

USD is on a rampage... taking out every resistance on its way ... last week we saw 70.20 zone taken out easily ..61.20 zone is at hand now but will see if our minor resistance will hold at 66.70 zone...

patience will play out here.. overall TP 70.80

BUY

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This is long term but could be a good short in the future, at resistance now, I will keep my eye on it.

Neutral

Overbought signals on RSI and TD counts 1H 4H SL 79.50 TP1 75.50 TP2 71

Technical analysis. On the 4 hour chart of BRENT crude you can see the old figure of HEAD SHOULDERS. At the same time, you can see the formation of the figure DOUBLE BOTTOM. Given that the sellers failed to break through the KEY resistance level in the area of 72.10, the price rebounded up and fixed at the level of 75. The option of moving up looks more ...

Midterm forecast: Although current trend is uptrend but we forecast a downtrend wave would begin in Midterm. Technical analysis: There is a divergence in RSI and price between the peak at 70.35 on 2018-01-15 and the peak at 80.5 on 2018-05-22, the probability of uptrend continuation is decreased and the probability of beginning of downtrend is increased. The RSI ...

At 80.5, 5th wave is almost complete. it is extended to 70%. Should top out soon and retrace fast towards 4 which is around 65. Watch out of re-entrance into the channel.

Professional Technical Analysts often argue if you know your Charts well, you can see much beyond the price. It is sometimes wonderful to see that even if one is not completely aware of the fundamental inputs; Market Participants know it all and it all gets discounted in the price. In other words, Charts reflect all. The fundamentals picture, the psychology and ...

Nefterubl USD/RUB*Brent*Urals

I thing Brent is about to end ABCDE triangle which is 4-th wave of impulse wave started June 21 2017. Target for the 5th wave ~73.