DOAFK

DOAFK Updated 

GSK is trading around the multi year lows having bounced off of the long term support zone at 1300. I think this is a relative bargain at these levels with GSK being one of the Big Pharma Companies that is still trading way below the starting price for the year. Pfizer, Johnson & Johnson and Roche are all either positive or around net zero YTD. Novartis is...

DOAFK Updated 

I am not one for crypto trading or analysis but I personally think it is "now or never" for buying in to XRP at a reasonable level. Price broke through the 0.35 resistance zone before going on to make a high at 0,75. Since then, price has pulled back into the 0.35 level and seemingly bounced on it. As it stands, a higher low is forming and price is trying to...

DOAFK Updated 

GBPJPY looking likely as a potential intraday trend reversal now. Vix indicator recording low levels, price is trying to form a lower high here after a bearish wave recently. My downside targets shown on the chart. Fundamental influences?... Covid cases, lockdown restrictions, Brexit negotiations for British and EU financial markets.

DOAFK Updated 

NZDJPY is breaking levels in recent weeks and forming a nice bullish trend on the intraday price charts. Since breaking through 74.00 price has gone on to make new higher highs and higher lows and is now retracing. There are a few key indicators supporting a buy in this area including my own Volatility indicator which is starting to pick up high levels. This...

DOAFK Updated 

GBPJPY looks to be rejecting the upper boundaries of the channel and in the last few weeks has formed a head and shoulders pattern. I have annotated this on the chart. We are currently rejecting 141.00 and forming the right shoulder. There is signs of intraday rejections in this zone. I have TP's set at the "neckline" at 139.500 and then a TP2 at 138.00 which is...

DOAFK Updated 

I previously posted a longterm stock position that I added to my portfolio. This was GSK (GlaxoSmithKline) which is trading at the lower levels of its range and has good growth potential but also a sturdy dividend yield of more than 5% each year. This stock has seen some strong bullish momentum this week and has broken out of a consolidation structure. The...

DOAFK Updated 

Bearish intraday trend set up on the GBPJPY FX currency pair. Last week saw a very bearish Friday candle closure and bearish weekly candle closure. Over the weekend there was a gap up into wait I believe to be a good short trade entry zone. The last 2 highs formed were lower highs and a lower low was made last week around 137.00. I think the bearish trend might...