Let's look to Wti.
It moved up in the past weeks. But I think that trend is weakening and downside movement is possible soon.
Because, Crude Oil is reaching to strong level - 83.83!
What should we do in this case?
1. Place sell stop order at 81.52
2. First target is 76.98
3. Second target is 73.16
4. Stop Loss is necessary at 83.50
But if it will continue...
If we analyze H4 chart then we can see that GBPJPY created nice downside channel and try to go down. In my opinion, it will start to go downward from starting 159.890.
We can open SELL orders or use SELL STOP orders also.
Possible targets are:
Stop Loss is important also. It can be here - 162.750
We can see WTI price jumped up as our prognosis here:
Now, what will be happen?
Price tested upper level on the chart and it will not stop here or it will continue its nonstop movement.
Hereby, WTI confirms own strenght. This is very gratifying occasion for us, because we love...
Brent oil is the benchmark by which the bulk of the 100 million barrels of crude oil traded each day is priced.
Brent plays a unique role in the global oil industry as a benchmark crude oil on which most other types of crude are priced. If you want to invest in Brent oil, you can continue reading our article for answers to questions such as "What is Brent oil?",...
Dollar Index History
DXY began in March 1973, shortly after the Bretton Woods system collapsed. Initially, the value of the US Dollar Index was set at 100,000. Since then, the index has peaked at 164.7200 in February 1985 and hit a low of 70,698 on March 16, 2008, and is currently trading at 103.715.
The arrangement of the "basket" took place only once, at the...
How it's going today?
EUR vs USD created ascending triangle pattern in H1 timeframe. But we need compare it with the bigger timeframes also. In H4, EURUSD wanna break trendline and want to go downside. In Daily timeframe, it show us strong level between 1.0636 and 1.0776.
Now, what will think for further analysis? Let's research now.
Hi dear traders.
WTI (Crude OIL) created nice trend channel started from 73.37. Upper border of the channel is 75.60.
Although, oil prices is moving between these prices from 16 December, as soon as it will jump to 77.55 level.
This is my private opinion and this is good opportunity for buyers.
WTI will move down firstly, then possibly...
As you seen, EUR/USD created nice bullish trend from starting 0.95400 price level. It already gained many positive pips and continues to grow.
But, I think that there is a strong barrier here. This barrier is situated at 1.07820 level which is strong point.
So, what may be in next weeks?
In my opinion, EUR/USD will grow up until 1.07500. Why?...
Again Vugar here.
By following GBP/AUD, I decided to write some sentences about it.
Already, we see that it created flat channel or something like it. Channel upper level is 1.93550, bottom line is 1.90867.
The is most important is its median. Median is parallel line among trend channel. In GBP/NZD, median is 1.92480 approximately.
What can we wait...
As a results of some weeks, GBPUSD pair showed itself in a good way. Moving forward, it broke several important barriers and managed to create an upward channel.
But looking at the H4 chart, we can see that the pound remains between the levels of 1.2183 and 1.2350. This zone is strong resistance for pound. Under the influence of some fundamental news, the pound...
After watching the long-term GbpJpy pair, it can be said that the downtrend is approaching. Cutluk H4 can't read the maximum number of times. There is a strong possibility that gbpjpy will not find strength this time and will go down. However, since Forex is a game of probabilities, I can say that it is possible to wait by placing pending orders...
Main and potential level is 1810 nowadays. I see upward movement in GOLD also it has strong upward trend in H4 chart. If it breaks 1810 level then price will move to 1832.73 and then to 1873.90.
We can see small corrective wave in H1 chart. This is be confirmation of upward direction.
Volumes in GOLD is less in comparison with past months. We can wait for strong...
Crude oil (WTI) created strong downtrend and continues. If we see weekly and monthly charts then we can see this candles as downside direction.
But I don't think that it will go more down without any corrective waves. Firsly, we have to wait for 78.15 max then price will continue own movement again.
My targets for longterm are 71.91, 69.28 and 65.80.
I am Vugar, from Azerbaijan Republic.
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Nowadays, price is 0.048$. Project PAI is not token, it is cryptocurrency!
Its price was 1.3$ while it appearing in market, 2018. I think that, PAI wil renew own historical maximum during next 2 year.
PAI cryptocurrency is created as PoW on Bitcoin core and UTXO platform.
PAI is based on Artificial...
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So, I checked all charts in BTT/USDT from monthly till one hourly.
Seems that, BTT created flat...
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May be correction here but main trend is UP always.
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