minerva_fx

minerva_fx

I believe CA40 will keep going lower again. On a 60 min chart the index found a resistance and it might complete the ABCD pattern as shown on the chart. By using fibo extensions I've found a support zone which could be a target for shorts.

minerva_fx

Everything is explained in the chart :D

minerva_fx Updated 

Dow Jones, just like S&P500 is in a small free fall since monday. NFP played its role and I believe we will see more bears. The price is closer to MA75 and it might act as a support. If it breaks below, we might have a trend change.

minerva_fx

FTSE100 is in a bullish trend and on 15/01/2018 it createh a new high, since then it is falling, which could be just a profit taking. The price could go as as low as next support level and I might use MA200 as a level to go long again. It makes higher lows, higher highs and I see no reason to go short, unless the price will go below support.

minerva_fx

Gold made new high on 25/01/2018 and traders are taking profits now. The price is falling and I believe it will keep falling and soon will re-test support level. We are still in a bullish trend and gold is making higher lows, higher highs, so any shorts are riskier as they are counter trend trades. All in all, long term I'm long on gold.

minerva_fx

On a 4H chart of dow jones the price got caught on a support level and we might see a previous high re-test which is also a resistance level. EMA75 I use as a support and a place where I'll go long, but only if the price will hold above support. Once it breaks below I'll be looking to short. All in all, I see just a short-term longs on S&P, DOW, DAX, FTSE. On a...

minerva_fx

I believe that many indexes will see some drop soon and if we will see DAX going lower, I think German Bund will go higher to re-test resistance level. The price is now in a support zone.

minerva_fx

Nikkei is in a bullish trend. By the end of the month there is profit taking and the price is returning to previous support and also EMA45 might hold the price as a support and possible entry level.

minerva_fx

FTSE broke last week my resistance zone which became support and also it is creating a bullish flag. I'll add more longs on a flag breakout with stops below the support zone.

minerva_fx

Thursday's candle was undecided, but friday was completely something else. Buyers jumped in and the price closed above my S/R zone which became a support level and a reason for me to add to my long positions.

minerva_fx

Spanish index hit a resistance zone 3 days ago and still didn't break above. If it does we might see some more buyers jumping in. The price also crossed through the short term bearish trend which could indicate for a continuation of a long term bullish trend.

minerva_fx

For those who like harmonics, there is a nice Bat pattern on a daily chart. The entry level could also be at the support zone (blue rectangle). My targets are at 38.2 and 61.8 of fib retracement of C-D leg. All stops are below X.

minerva_fx

CAC 40 had a 2 days though break. It is still within support/resistance zone, but just like DAX there was some profit taking and if the price goes below the zone we might see some more selling in coming days.

minerva_fx

2 days ago DAX closed above the resistance zone which became support and it also created a new high. Yesterday there was a profit taking and the price went down. It is still within my resistance zone, but if it breaks below we might see some more selling and the price go into 13k-ish ;)

minerva_fx

Gold closed yesterday above the resistance zone and today there is more buyers. The way I see it, there could be a profit taking and then some new longs again. If the price will go below support we might see some selling and a pullback to a lower support.

minerva_fx

There were some good news for crude oil longs over the past few days. Today the daily candle broke above minor resistance and if it holds above we might see even more buying.

minerva_fx

A very nice move today, price hitting high from 09/17. Gold making higher highs, higher lows with currently hitting resistance level. If gold breaks above that level we might see more buyers jumping in.

minerva_fx

DAX just like all US indexes is pushing higher yet again. There's just too many buyers to go short against them. The price is closer to its 07/11/2017 high and break above will be another place to add to long positions.