1. The further bearish pullback momentum did hit Coin Dip $410 and is set to rebound towards Mean Resistance of $468. 2. Price action is continually confirming the value of the intermediate-term Coin Dip as future Mean support of $410 is developing. 3. Coin violation of Coin Dip price will undoubtedly bring serious of the short-term bearish implications, having...
Euro Dollar Implications and Outlook (The current bearish/bullish bias is 70/30) Further bearish momentum is continuing to Currency Dip of 1.18810 and perhaps steady to lower all the way down to Key Support at 1.7340 level. The long-term price action is confirming the degradation of Euro-Dollar value to 1.14700. The completion of the intermediate-term Currency...
Monero coin finally completed its move towards Coin Dip of $224 and triggered a possible buy signal in Trade Selector Signal trend model today. However, we need to wait for couple price bars to validate it. The currency remains to be in a bullish mode, and a bounce to $249 is probable in the next few days after a prolonged period of weakness. The Key support is...
IOTA Implications and Outlook 1. Further bullish momentum likely to hit Key Resistance $2.6260 and perhaps all the way up to next Coin Rally $3.0000 level. 2. Price action is continually confirming the value of the intermediate-term Mean Support of $2.1970. 3. The break of the intermediate-term Key Resistance of $2.6260 will undoubtedly bring serious of the...
SPX Implications and Outlook 1. Further bullish (dead-cat-bounce) momentum likely to hit Mean Resistance 2909 and perhaps all the way up to Index Rally 2746 level. 2. Price action is continually confirming the value of the intermediate-term Mean Support of 2604. 3. The break of the intermediate-term Mean Resistance of 2670 will undoubtedly bring serious of the...
Yesterday, I made a statement to make a condition for investors as well as traders keeping their targets manageable regarding IOTA being a market leader. After the fabulous performance on Thursday, it's only justifiable to expect crypto coin will to take a pause. Such as developing Key resistance at $2.5830, so, for now, let's see what happens before coin will...
The Nikkei Index traded nervously on Wednesday in front of the Fed's announcement as well as US Non-farm Payroll but knowing it will be closed for the rest of the week due to Golden Week holidays. A number of the exporters did find a way to edge ahead. However, results were limited. The overall Index trend sprang out heavy all be it sluggish. The Index remains...
Eurozone experienced more discouraging economic Purchasing Managers Index (PMI) data and a Thirteen month low is undoubtedly hitting at the wrong time. Also, Q1 Gross Domestic Product released below estimates at plus 0.4% compared to previous positive 0.7%. Having looked at bumper results for Eurozone equities in 2017, it's rumored the majority are cashing-out....
As you may know now, the Federal Reserve eventually left interest rates unchanged and with no move to change its inflation outlook. A reasonable reaction was a resumed US Dollar appreciation a lot more consolidation for equities. The Dow Jones Index finished the session just off their low levels for the day, slumping 174 points or 0.7% to close at 23,925. The...
In spite of the latest pullback in Gold and impressive rally in the US Dollar, the central banking kingpins around the world are now in full retreat in some key market segments. This means the banksters in the huge Fed trading room are incredibly active, attempting to avoid problems which could escalate into significant marketplace dislocations. In regards to the...
The lack of strength of the US Dollar has been one of the most talking facts during the past year. That weakness carried on into this year; however, over the past couple of weeks, we've noticed a definite turn-around in the Index. The DXY Index is currently at its best showing point ever since the start of 2018, and it looks to enjoy completion Index Rally at...
OTA coin blasted higher on Wednesday and today, and even though the earlier April 29 rally high near the strong Mean $2.1310 resistance stopped the move, for few days, the crypto-coin remains to be one of the leaders of the current crypto market, while exhibiting its robustness elegantly for the whole sector. The IOTA remains very positive 'Long' with Coin Rally...
Because many parts of the world are having national holidays on Tuesday, crypto market volumes have been rather low, and many of the leading coins remained in the consolidation patterns which formulated following the sharp rally within the last two weeks of April. The most significant currencies have been diverging noticeably in the calm trading setting, as the...
While Bitcoin as well as few other majors chopped about with no apparent direction, the EOS coin has been the star of the show once again, as the crypto retracted little under $16 price level right before stabilizing at $18 range. The coin continues to be in an upward trend mode, even though a more challenging correction is in front of the Key resistance of...
The EOS coin has witnessed a tremendous run-up, soaring over 286% from the lows of $5.1000 on April 1 to the new All-time highs of $23.0290 on April 29. Soon after such an impressive run, the Key resistance high developed at $21.4120 under an All-Time high. The Mean support level of correction is $14.4600; the Key support lays at 11.1300 Before initiating any...
Trade Take Profit at 75470 for a gain of 2320 pips
Trade Take Profit at 1.28640 for a gain of 2300 pips
Stop-out at 1.39560 for loss of minus 470 pips