Mohamed_Kabesh

Mohamed_Kabesh Updated 

Expecting to break this Demand Zone and drop to the Supply Zone 1.09 - 1.07

Mohamed_Kabesh

If the price breaks the downtrend, so expecting the price to continue till 38.2% Fib (0.71400) and Sell from there, also it may continue till 61.8% Fib (0.72640) and Strong Sell from there

Mohamed_Kabesh

If the price breaks 1.19044, most probably it will continue up to 1.19670, where it is a good entry to sell EURUSD. Sell Limit 1.19886

Mohamed_Kabesh

We have here 2 possible Scenarios: 1- The price to retrace to the Daily Demand Zone (1.14401 - 1.13677) / Weekly Demand Zone (1.13066 - 1.11831), then potential Longs. Price confluence (Weekly Demand Zone & the Up-Trend). Expecting the price to rally from this Demand Zone up to the Monthly/Weekly Supply Zone (1.21474 - 1.25765) 2- No retrace - The price to rally...

Mohamed_Kabesh

Demand Zone confluence between the Weekly, Monthly, and 3M where potential Longs

Mohamed_Kabesh

EURUSD potential shorts from the Monthly supply zone (1.21886 - 1.24536) This needs breaking the uptrend as a confirmation

Mohamed_Kabesh

Spirit Aerosystems Holdings (SPR) Expecting the price to go up to the 80s range Supply Zone (82.10 - 93.16)

Mohamed_Kabesh

DXY - No shorts allowed for the time being; because of the following reasons: 1- The price reached a strong Weekly and Daily Demand Zone 2- We are in a very low price in the daily and weekly ranges 3- More Over, we have 3 ERCs so we are expecting bigger retracement to the 100.00 range 4- Up Trend Confluence at the Monthly

Mohamed_Kabesh

Unless there is a confirmation; no Longs allowed for the following reason, The Daily Supply Zone is in control Monthly Down Trendline Confluence

Mohamed_Kabesh

Only Longs are allowed! After such strong dropping price, expecting the price to rally high till the Monthly Supply Zone (340.42 - 375.80), In addition to the Bullish Engulfing at the Weekly, it is clear Sign for only Longs.

Mohamed_Kabesh

DXY; short for the following reasons 3M chart Supply Area in control Monthly chart Supply in control, many pin candles, bearish engulfing Weekly chart Very strong bearish impulses attaching the demand zone Daily Expecting the price to eliminate the current demand zone

Mohamed_Kabesh

Although the Weekly, Monthly, 3M are on a Downtrend, and the price still below the EMA20, however; the price on the daily had eliminated 3 Strong Supply Zones without any respect. Supply zone (0.65467 - 0.64877) Supply zone (0.64514 - 0.63834) Supply zone (0.65765 - 0.65035) No shorts are allowed until having a solid confirmation In contrary, expecting the...

Mohamed_Kabesh

The 1.1000 area has once again proven to be a major barrier for EUR/USD Nevertheless, EUR/USD had shown strong upward pressure (many Bullish Engulfing) still set to close the week in the green. Possible Longs but the pair needs to hold above Daily EMA20 which is near to where the exchange rate is currently trading. The support falls at 1.08837 as the level...

Mohamed_Kabesh

The price is keeps bouncing on the daily, an unclear scenario with that ranging price (101.00 - 98.28), we need to get out of this range to have a clear trading scenario. However Supply area is in control on the Monthly (103.99 - 101.53) and 3 Months (103.93 - 100.57), "Potential Shorts"

Mohamed_Kabesh

My positive view: 1) AEO is well positioned as one of the most 'inclusive' brands to outperform peers 2) consistently solid comps (+2%, 20th consecutive quarter of growth) and healthy fundamentals (ample liquidity and little debt), which underscores strength of leading brands and the company's ability to expand footprint (+70 in FY 21) and capture share from...

Mohamed_Kabesh

EUR/USD short-term technical analysis The EUR/USD is trading at 1.0930 price, and still has room to extend its advance to the Daily Supply zone (1.11087 – 1.12365), according to intraday charts. The 4-hour chart shows that the pair is comfortable well above all its moving averages, with the 20 EMA. The risk could turn to the downside on a break below 1.0900, and...

Mohamed_Kabesh

EURUSD weekly analysis and possible Longs

Mohamed_Kabesh

EURUSD weekly analysis