Hi ~ Traders!
It is wemoa of allaboutforex.net. Let me tell you about the market conditions of the July 17th Crude Oil.
Crude oil is currently in a trend of upward trend. But the price has been falling since the double-top pattern. Maybe it seems to have fallen due to oversupply concerns.
The oil is now standing on a big crossroads.
Will the trend be reversed at...
Hello ~ Traders!
It's Brandon of allaboutforex.net.
As of July 17, 2018, spx500 is showing a decline due to the drop in crude oil. At the present time, overall trend is upward trend. However, recent sharp declines in oil have caused a downturn due to the accompanying downturn in the Dow Jones Industrial Average. The current price is in a downward trend. So it is...
Hi. Guys. You can see this pair had broken up to 100 EMA with Tenkansen and kijunsen on 4hr chart.
This is not just Breakout. It is already above 100 EMA on Weekly chart and Daily Chart.
I think NZD was so oversold versus USD. FED's hike is definitely uncertain. This means USD will weaken hardly then ever.
Just Buy and Enjoy Profit.
Now, Pound Sterling is supporting area in 38.2 Fib retracement zone. The start of downside Trend was 1.27240 since last year of Dec 5. Now, New government was came up. Everybody probably know that uncertainty make dollar falling sharply.
Good Luck to you!
Gold had fallen to 132x since 'Bull trap' had came out at 137x.
Now, The Divergence is completed at 135x then continue to fall.
I think Gold price will fall to 130x, maximum 127x.
if macd success to break out below 0 line, Gold will fall to 127x.