Gold continues its rise and today it breaks the resistance of the 50% Fibonacci retracement and advances to the next line found in 1530. The uncertainty in the markets + the impose 10% tariffs on $ 300 billion of Chinese imports, + the declines in the indexes, all just reinforces the continued rise in gold. Target: 1530.
Although there is still a huge uncertainty about the Brexit, an opportunity has been created for technical analysis. The Stochastic has reached the lowest possible level that usually points to Oversold. The gbpusd came to serious support that could change the downward trend. Target: 1.25 In case the gbpusd dropped below the above support this signal is canceled.
Because the pattern created on the dollar this week will be critical. As you can see in the last weekly candle, he created an inverted hammer that usually comes to announce a trend ending so it will be confirmed the upcoming candle should be red. The dollar's inability to break resistance at 98.3 for the third time is a sign of weakness. And with all that, one...
Currently, the Bitcoin price stabilized, we sent a buy signal last week to $ 9350 and as you can see we achieved our goals. The 50th line of the Fibonacci retracement generates resistance. As long as there is no concrete news, we believe more in buy strategy on interesting opportunities and sell in strategic areas. You can see that on July 20, there was already a...
Technical Analysis, H4 Time. The BCHUSD is stuck in the $ 285 to $ 336 range, only serious news can move it away. You can see that a double top template is created here. It is best to sell close to the resistance especially the above case there is a lot of uncertainty. Target: $ 290
Since we are finishing a month we will review the monthly graph. It is important how the monthly candle will close, I will not list every possible scenario, but if the candle closes green and closes above the red candle, this is definitely a bullish sign. You can see significant support at 105.3 and resistance at 114.9, as we are relatively close to the priority...
The eurgbp above the important moving average lines (200,100,50). The above upward trend has been going on for about 3 years and there are no technical signs of a change in the trend. The eurgbp crossed its resistance this week at 0.9038 and is on the way to test its next resistance at 0.9284 Target: 0.9284.
Ether is stuck in the range of $ 197 to $ 228. A green candle after a star-shaped red candle is a bullish sign. We recommend buying near $ 197 and selling close to $ 228 until Ethereum selects a trend Target: $ 228
Stochastic crosses and at the ideal level to open a buying position. This week began with a candle above last week's candle, a sign of purchase. The usdcad has crossed the 200 moving average. target: 1.33
Last week the dollar broke the resistance at 94.4 (breaking resistance usually accelerates trend) The dollar is on the rise with excellent technical data. We will remain bullish on the dollar, Despite the interest rate decision on Wednesday and the high chances of seeing an interest rate hike Target: 98.3 Second target: 99.7
Although the gbpusd in a declining/crash trend but the following signs cannot be ignored: The GBP USD comes to serious support, there are two options - the pound will break the support and fall louder, the pound will rise again and change his trend, anyway as soon as a currency meets serious support there is a Reaction to the opposite side. The pound is at its...
Any markings that I add to the graph above will destroy this artwork. A clear downward trend. The audusd rises every few minutes until the average moving line 200 test the resistance and immediately after it descends back Target 0.6850
A hammer-shaped candle that closes exactly on Fibonacci retracement line 38.2, a clear buy-in (for this theory to take place, the daily candle must close positively) Stochastic reached the buy level. Target: Fibonacci retracement 50.0 - 11200 $
In the daily chart, the usdchf is in the double top pattern. The usdchf is still on a daily downtrend as you can see the price below the Ichimoku cloud and below the average line moves 200. Target: 0.9860
Strong support at $ 9353 Bitcoin is on the rise. Stochastic is located at a good technical level for buying. Our recommendation Following the technical model above is a buy signal but ... putting a stop loss Below the support because a drop below support can cause sharp declines. Target: $ 10,800
The candle of the previous week usually appears before changing the trend (it is important that the next candle is red to confirm it) The eurgbp rate encountered resistance at 0.9044 and failed to break, it happened 4/5 time in the past. Stochastic well crossed place at the ideal level to sell. Target: 0.8860
Yesterday's green candle with its long wick means trend reversal possible. the Ether is facing resistance and as long as it has not crossed the risk remains high. Stochastic crosses at this level indicate a potential rise. target: $ 270
The graph above clearly shows the support line of the rising channel and the resistance line. One of the most attractive products currently available in the foreign exchange market. Ichimoku indicator continues to support further gains in the SP500 price. Because the index has broken a new record and the Stochastic is at its upper limit and signals a correction...