Two possible scenarios de next days:
1) 20% Probability scenario> bounce from the trend-line and retry the the resistant.
2) 80% Probability scenario> break the trend-line and go towards the 20 EMA of weekly candles graph.
I think the 2 option is the most likely one because the RSI is showing bearish divergence on the daily and weekly. Also the MACD on the...
The EUR/USD is gaining strength on the daily chart after breaking through the main resistance level of 1.20. This appears to be the start of a new bullish pattern. Where I expect the price to return to the previous month's price in 2020. I will wait and see if it reach the 1.21 level for making next assumptions.
AT&T may arrive at the 31.91 resistant in the upcoming days. In this negative skewed volume environment, the majority of investors are concentrated on the previous week's close. This is an indicator of strength. It is, however, important to wait for confirmation. If the 31.91 l is broken, we can expect the price to rise to the next resistance level of 35, as...
The price appears to have bounced off the 1685 support level. This does not, however, imply that we can buy. We must show patience and wait for the buying signal.
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NSDQ will attempt to retest the 12,000 support level in the coming days. If it drops under it, we would expect the index to drop by around 9% to 11,200.
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Dreguero
Sugar has climb already a 100% from May 2020. However, it has been experiencing a correction for the last 11 days. Will it end on the 0.164 or will it keep falling until the 0.146 support?
The next days are crucial for decision making!
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Dreguero
