motleifaul

motleifaul Updated 

I see this as an opportunity to short again because of we reached a resistance zone which held twice since the 9th of May. If we cannot overcome it again we shall resume the downtrend.

motleifaul Updated 

We are already higher than the previous May highs. It looks like breaking through to new highs now.

motleifaul Updated 

The price didn't develop as I had expected. The attempt to rise through break down. And the rule is: If not up then down.

motleifaul Updated 

It has been looking toppish after the last 4h close as an almost cross. But with the higher opening this is void and shall be considered as beeing no top.

motleifaul Updated 

We broke the support below the previous corrective downwave and are looking for the bottom now.

motleifaul Updated 

On Monday the correction downspike had been filled and Tuesday it was followed by an engulfing pattern. The drop may continue now.

motleifaul Updated 

The trend is still downward directed. I consider the recent rise as an upward correction and expect another decline soon.

motleifaul Updated 

The ship falls with the tide and has some more room according to Fibonacci.

motleifaul Updated 

The dollar is fluctuating at this level but holds above the MA here. I assume that the trend will continue soon.

motleifaul Updated 

The bottom of the almost 1 year lasting decline seems to be found. Even if we may try another test down there shall be a retracement up finally.

motleifaul Updated 

With this rising momentum the Spanish matket is in line with the global rise. I see some mor space until the top.

motleifaul Updated 

The trend now is downward and the latest wave down has just been corrected by Fibonacci rules. o the trend may continue its way.

motleifaul Updated 

The has been built a temporare bottom and a retest of the previous April support is outstanding.

motleifaul Updated 

We see an overdone retracement down and a break below the rising support.

motleifaul Updated 

We met a faling resistance line now and are due to a correction down within a falling trend.

motleifaul Updated 

The price recovered impressively and has enough momentum now to test its high.

motleifaul Updated 

The GBP is coming back after the attempt to decline and we shall see a retest of the April highs at least I think.

motleifaul Updated 

The pound is rising without any break, i.e. the momentum is still unchanged. New highs may be expected.