spencer03

spencer03

I expect we will see another higher high for the AUDJPY currency pair this year. After that, I expect a stronger correction.

spencer03

Hi folks, NAS100 is making its first attempts north. I'm still a little wary of long on the NAS100. We can wait for the price to bounce back into the 11170 area before looking to buy again to follow the trend. Let me know what you think in the comments.

spencer03

Since the last high on April 20th, we are seeing LH and LL, which speaks for continuation of the weakness. Even if AUD-JPY "refuses" to go lower this week, it will still end up a notch lower next week.

spencer03

Watch for the pullback before entering. Bullish confirmation lies above 1.73. MACD is in bullish mode.

spencer03

Last week left an impressive bullish candlestick. MACD finally generated a bullish signal in the Weekly. I think this looks like even more upside.

spencer03

If you want to earn about 140 points in 2-3 days, you can check the AUD-JPY. MACD shows that there is still no long signal on a daily basis, but we may see it soon.

spencer03

With today's bearish candle, the Dow confirms the correction that began on Thursday. Fib levels are shown in the chart as potential targets. This year I don't see the price below 34600. Watch out for MACD Daily as the signal is still bullish here. For the first shouldn't go below 34600.

spencer03

This week the DAX will shoot a bit higher, but then you should focus on short opportunities in intraday trading. I see wave B as the last pick in December, which, if it goes in the direction shown, definitely has to be shorted. MACD shows that it will be a few more days before we see a short signal here. Pay attention to the signal when so far.

spencer03

The impulse of wave 3 reached 3.272% of wave 1 and bounced off it downwards. It remains to be seen whether the NASDAQ has ended wave 4 with the last correction, or whether wave 4 should consist of the red abc formation. In the chart, the upward channel is still intact and, if left down, the red c is confirmed. In such a case one could enter long without worry and...

spencer03

Here, the AUD-JPY has broken intraday support and that weakness is leading to further lows. Approx. 100 profit.

spencer03

At the beginning of today's European session, EUR-USD is trading near the 1.1910 level, and in general, the positive dynamics of the EUR-USD remains, due to the weakness of the dollar. In case of a breakdown of the resistance levels 1.1954, we can expect further growth towards the key resistance level 1.2170.

spencer03

The day candle shows a hammer. Hammer is interpreted as a reversal signal and heralds an upcoming uptrend. The signal consists of a single candle with a small body and a long lower shadow. The shadow should be at least twice as long as the body, therefore the higher it closes today, the better. But I have my doubts. A second leg, as shown on the chart, would...

spencer03

Statistically, August and September are not that good for stocks, so I expect stronger bearish pressures to come next week. The DAX should finally leave its sideways range on the downside.

spencer03 Updated 

I focus on 14850 to jump in. Tomorrow could clearly fall.

spencer03 Updated 

This is what I would like to see... Next month like a lot deeper than July.

spencer03 Updated 

BUY !!!

spencer03 Updated 

Wait for retest 1.1986 and sell.

spencer03

Wave 4 could take the rest of the year, so wave 5 could not run towards 100k until next year.