TradingwDavid

TradingwDavid

By using the technical analysis... My view on silver in the medium to long-term is still bullish, for reasons which go beyond the technical analysis.

TradingwDavid

I don't use technical analysis, however, on EUR-USD was formed a Double Top with (possible) Pullback of the price on the ex support, now resistance.

TradingwDavid

Silver has currently broken the resistance trend line. If confirmed at the end of the session, it could be the prelude to a new bullish phase.

TradingwDavid

As we have seen in the past, S&P is making a bearish consolidation pattern. In the short-term, however, is possible to see some bullish candles.

TradingwDavid

A bullish signal on the USD-CHF daily chart. Target profit at 1.0100 and stop loss in the area 0.9770/0.9780.

TradingwDavid

On July 2, the Reserve Bank of Australia (RBA) cuts rates for the second time in 4 weeks. The first time has been on June 4. Very interesting is the AUD situation, I will analyse the currency pair Aud-Usd trying to describe the future scenario. The current price might be an excellent level where to sell Aud-Usd, but there is an aspect to take into account. The...

TradingwDavid

The words of the Reserve Bank of Australia Governor that have followed the releasing of the Minutes have stopped a possible bounce of the Australian dollar. Below, you can read the end of his speech. "The Reserve Bank Board recognises that monetary policy has a role to play here. Earlier today, we released the minutes of the Board's meeting two weeks ago. At that...

TradingwDavid

Following the disappointment of the failed talks between the United States and China about two weeks ago, grains, particularly corn and soybeans, have fallen. The corn price dropped to a new low of the year (Monday, May 13). Since that time, the corn has started a steep rise due to the known meteorological problems. If we take the chart of the futures contract...

TradingwDavid

Does anyone else see a simile with August 2015? In that month Usd-Cnh jumped from 6.20 to 6.60, S&P 500 -15%, copper -9%, and Eur-Usd has reached a gain of over 700 pips. “China may stop purchasing US agricultural products and energy, reduce Boeing orders and restrict US service trade with China. Many Chinese scholars are discussing the possibility of dumping US...

TradingwDavid

On the Silver daily chart has formed an Inverse Head and Shoulders. However, before to open a bullish position, it is wise to wait for the break of the resistance at $ 15.00 which, in all likelihood, will push the price to $ 15.50/15.60 area.

TradingwDavid

On a graphical level, a bullish divergence has formed between the price and the Commodity Channel Index (CCI). A close above the black trendline will give the entry signal (long) on Amgen. First target area $ 179.65/182.47, while the stop loss below the last low ($ 168.44). I leave you free to decide the level on the basis of your money management.

TradingwDavid

A bullish Gartley is completed on the Gbp-Jpy daily chart. First target at 144.767 and second target at 146.335. Stop loss at 140.800.

TradingwDavid

Short KCZ19-KCH20 Entry date 5/3/2019 - Exit date 10/28/2019 Win 14/15 (93%)

TradingwDavid

In the last weeks, CHF (Swiss Franc) has been very weak against all the major currencies. Most likely there is more than one reason about it, including the SNB (Swiss National Bank) that has sold Swiss Francs and bought Euros (as it has often done in the last four and a half years). Today I analyse Eur-Chf because it has reached an interesting level. Two aspects...

TradingwDavid

A bearish signal on EUR-USD 4-hour chart with the first target at 1.12600 and the stop loss at 1.13350/1.13400.

TradingwDavid

A bearish signal on the EUR-CAD weekly chart with the target in the area 1.4210/1.4290 and stop loss at 1.5660/1.5680.

TradingwDavid

It's a chance...

TradingwDavid Updated 

If this candle (4-hour chart) will close below the black trendline, is very likely that the WTI will fall until the area $ 49.40/49.50. The stop loss, in the case, at $ 52.65/52.70.