The CAC 40 is going down today after reaching all time high weeks ago the question is how far this correction can go or we will move to a bear market but for now this is just a little correction
my strategy is to short if we close below 5850 and target 5700 then 5650 but becarful a positive tweet about trade war could give the market a boost so short at 5840-30...
The Palladium is on a Bullish trend but near a big resistance at 1810 we can wait for a close below 1810 to short it or if we close above to buy it but technically the first scenario is most likely to happen
so my strategy is to short now at 1786 and again at 1800-1810 and try to target 1700 with a stop loss above 1825
If we close above 1825 we can buy and target 1900
The SCI is trading under the 200 moving average but still in a range for a long time now a break of this range will show the way for the long term for the Shanghai composite index but the most aggressive trader can try to short now at 2906 because we are under the 200 MA and target 2850
so my strategy for the long term is to wait for the break of the range between...
The UK100 was trading in a range for the last couple of months and now is trading near the top of the range, we could have a good opportunity to short it at 7420-450 technically we have more than 70% probability for this trade to be accurate
The range is between 7060 and 7425 , and the UK100 is at 7385 right now we could wait a little to short it somewhere...
The Nasdaq 100 is breaking new highs and nobody know where is it going but the trend is still Bullish unless we break 8000 and 7800 for the short term
so my strategy is to keep buying the dip between 8000 and 8200 and try target 8320
the Gold is waiting right now after breaking a bearish trend line with a pullback and going up the next station might be 1521 if we can break it then we will go toward 1560 but if we cant break 1521 I think we will come back to 1481
the trend is Bullish right now so my strategy is to wait for a close above 1521 to target 1560
The DAX30 is trading near new highs and close to a very big resistance at 13140-50 can we break it ? maybe a tweet or a good news from the trade war will help it if we do , we will target the all time high ever at 13440 or more
so my strategy is to wait for a break of 13140-50 to buy again and target 13440 it can happen right now or we could assist to a little...
The Hang Seng index is going toward the Bearish trend line initiated in April at 27240 but need to break a resistance here at 26916
so my strategy is to wait for a break of the 26916 level and see if the index can break its trend line at 27240 but if not We will short at 27100-200 to target 25504
The USD/JPY is trading below its 200 MA and facing a major resistance at 108.90 if we close below it then we will come back to 108.02 but if we can break it this will push the USD/JPY to 110
so my strategy is to wait for the daily close above or below 108.90 to take position if above and with a strong bounce we will buy and target 110 but if we close below we will short
The CAC 40 is trading near new high at 5730 after breaking a major resistance at 5650 becoming now a support, the trend is Bullish but the question is how far can we go in this new bubble ?
5800 ? or more or we will come back to 5650 ?
so my strategy is to wait for a close above 5700 to go long to target 5760 -5770
but if we close below I am neutral till the...
the copper price are on a strong resistance at 2.63 if we manage to continue this bounce we will target 2.70 but if we fail to break it and come back below 2.63 then we should short and target 2.52
my strategy is to wait now for either a break of the 2.63 and a continuing bullish trend to 2.70 or a daily close below 2.61 to target 2.58 then 2.52
The USD/TRY is still in a range for a long time now between 6.14 and 5.19 after breaking a little resistance at 5.84 the trend is not clear we might come back above 5.84 again or we could continue to 5.59 , we are still above the 200 moving average and the geopolitical risks are here so we should be cautious
my strategy is to wait for a close above 5.84 to buy ...
The CAC 40 is consolidating after reaching new highs at 5730 coming back under a main resistance at 5650 but the trend is still Bullish , we might continue this correction and trying to test the new support at 5539 if we manage to break the 5600 level so we have 2 scenario here :
1- the CAC 40 will test 5600 and bounce back to 5650
2- the CAC 40 will break 5600...
The Brent is trading in a range betwwen 57.38 and 66.95 so the resistance and supports will be a good entry point for buying or selling
S my strategy is to buy if we close above 59.54 and target 62.63 if we close below then short and target 57.38 easy
The DAX30 formed a strong bullish candle continuing its trend and stopped at this resistance at 12518 so unless we broke it the DAX30 might mark a correction and test a support at 12420 the key is that the DAX 30 will break 12471 then 12518 so we can target 12650 but if we close below 12420 we might come back to 12300 then 12195
so my strategy is to buy if we...
The EUR/USD broke its bearish trend line,but it might be a bull trap ,e still need a confirmation,if this next candle will close above or below the trend line
If above it was just a pullback and the EUR/USD will soar to 1.105 from 1.1015 but if its close below 1,10 we will retest the recent low at 1.089
so my strategy is to wait now and buy if we close above 1.10...