SimoneSiesto

SimoneSiesto

Big volumes are associated to long black candles. Expected weakness in the following days.

SimoneSiesto Updated 

First solar is a short below the low at 28.90 USD. Huge volumes have been detected on March 17. Bollinger bands are widening out, giving a good signal for a short entry. However, before triggering a short, it is suggested to wait for a break below 29 USD.

SimoneSiesto Updated 

EurUsd is now moving up with higher-lows. Macd is doing the same. Let's follow then the uptrend triggering a long trade. First target at 1.08300 Follow us on www.wallstreetimes.com

SimoneSiesto

As suggested in a previous report, which can be visualized here: , Usd is losing momentum against Mexican Peso. There are no reasons to get long anymore, while it is now time to short the pair. We see a strong divergence having a look at stochastic oscillator and Bollinger Bands are widening out smoothly, with a weekly close breaking the lower BB. I expect to...

SimoneSiesto Updated 

I believe the couple is going to break up. EurAud and UsdAud have already started moving upwards. Hence, I expect to see Sterlin getting stronger against Aud soon.

SimoneSiesto Updated 

GbpAud is a long a the break of the oblique resistance. We believe in a break, since Euro and US Dollar are already over performing against Australian Dollar.

SimoneSiesto Updated 

Short - term momentum is bearish - Strategy: Below 113.70, a new short will be triggered with target at 111.30 You can follow me at: www.wallstreetimes.com

SimoneSiesto Updated 

Unicredit seems to be a good opportunity to entry long in favor of trend. A spike in volumes has pushed quotation higher. Such a volumes are a signal that it might be realistic to see a break-out above the horizontal resistance at 14.40, giving further fuel to the movement upwards.

SimoneSiesto

Based on Elliott analysis, we might be close to the end of the multi-year bullish cycle. If the count is correct, soon we could see the beginning of an abc bearish cycle.

SimoneSiesto Updated 

Price has broken its trendline. It is now tumbling down with increased volumes. 1st target at 246 Usd, Final target at 0.50 Fib at 233.40

SimoneSiesto

A good short opportunity ahead. Below 7 Euro and after having evaluated a re-test of area 7.20, it is suggested to trigger a short trade.

SimoneSiesto Updated 

As suggested in few occasions, pair has broken the triangle down. It is seen an acceleration once broken the small horizontal resistance at 138.80. Final target at 1.37200

SimoneSiesto

19 will be a crucial area to understand if the uptrend might have chances to resume or if it would reverse into a downtrend. I believe we are close to see the beginning of a new trend. However, it is suggested not to trade until it will be clear the new trend. Below 18.50, and ONLY after a re-test of area 19, it is suggested to short the pair. Further comments to...

SimoneSiesto Updated 

A double top with abnormal volumes and break below the oblique trendline are signals that big hands have distributed. Target for our strategy : 73 Usd with an intermediate target at 96, where we should see a small rebound. Check-out our analysis at www.wallstreetimes.com

SimoneSiesto

Aud is getting stronger against Usd. It has now approached a strong horizontal resistance. However, it seems it might be able to break it up. We could then open a long strategy if and only we see a long weekly white candle breaking and ( obviously closing by definition ) above 0.78.

SimoneSiesto Updated 

After a rally from 1.20 to 1.65, the pick in Volumes is a sign that strong hands have distributed. Our modified stochastic is giving us a better idea of the direction. Natural target at 1.21500

SimoneSiesto Updated 

Trend is now clear. Eur Jpy is now moving downwards, after breaking below the previous low at 12.70. Target at 118.50

SimoneSiesto Updated 

Perfect triangle formed on GbpJPy has been formed on a daily time frame. Ready to see the pair accelerating on the direction of the break.