Analytics
GBPUSD - The Growing Wedge:# Technical_analysis_and_comments:
Good day, dear investors and colleagues traders!
Your attention a technical analysis of the currency pair #Gbpusd:
The currency pair has not practically changed relative to the last close, although the pair made an attempt. The contracting range creates the classic “Growing Wedge” trading figure, which suggests a decline to 1.22-1.20.
The currency pair demonstrates the normal performance of standard indicators of price and volume.
We expect a decline to the lower border, its breakthrough and fixation under it.
This week suggests a constant news flow of macroeconomic statistics for the UK, and given global trends, they will clearly be negative.
Levels of mathematical support and resistance for the current week:
a) Support: 1.2392, 1.2280 and possibly 1.2152;
b) Resistance: 1.2634, 1.2760 and possibly 1.2874;
Market participants are strained by the growing third deficit in the UK under current conditions, but 2 negative factors can immediately add to this: uncertain Brexit and the weakness of the British economy.
Manager of WMCI Asset Management Indirect Management Fund Sergey Melnikov.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
EURUSD - and again the triangle:# Technical_analysis_and_comments:
Good day, dear investors and colleagues traders!
In this article, we examined the technical side of the #EURUSD currency pair:
The currency pair completed the decline last week, leaving the ascending channel and forming a tapering triangle, the vertices of which you can see on the chart.
A currency pair demonstrates normal indicators of standard indicators of price and volume.
Which makes it possible to use trade both inside the triangle, and in case of breaking it.
Levels of mathematical support and resistance for the current week:
a) Support: 1.0793 and 1.0713;
b) Resistance: 1.0971, 1.1069 and possibly 1.1149;
Volatility should increase this week, as there will be very many, most likely negative statistics and all the attention of investors will be focused on the locomotive of the Eurozone - Germany.
Manager of WMCI Asset Management Indirect Management Fund Sergey Melnikov.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
EUR/GBP - new triangle:# Technical_analysis_and_comments:
Good day, dear investors and colleagues traders!
Your attention a technical analysis of the currency pair #Eurgbp:
All last week, the currency pair spent in a narrow trading range sandwiched between a downtrend and a new support level - 0.8685, thereby forming a new triangle.
The currency pair demonstrates the normal performance of standard indicators of price and volume.
As a result of this, we can safely say that if the downtrend persists, the next target for the bears will be - 0.8574, which is the Fibonacci support level of 76.4% of the past uptrend.
If the currency pair can break through the downtrend and gain a foothold above it, then the first target for long positions will be 0.8745, psychological mark 0.88 and possibly 0.8883 (50% Fibonacci support).
This week suggests a constant news flow of macroeconomic statistics for the UK, and given global trends, they will clearly be negative.
Market participants are strained by the growing third deficit in the UK under current conditions, but 2 negative factors can immediately add to this: uncertain Brexit and the weakness of the British economy.
Manager of WMCI Asset Management Indirect Management Fund Sergey Melnikov.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
Wedge on timeframe 1 dayThe wedge was formed on timeframe 1 day. I expect growth of quotes if the price breaks the upper limit of the pattern.
GBPUSD#5:---> Hold the sell:Good day, dear investors and colleagues traders!
To your attention, an analytical look at the currency pair #Gbpusd:
Comment_for_went_week:
The currency pair spent the entire trading week in the range of 1.2475-1.2231 last which is the Fibonacci support of 23.6% of the last movement.
The asset closed the trading week with a decrease of 200 points. The coefficient R also decreased to 282 points from 1046 the year before last.
Technical analysis:
Globally (D1-W1):
We are seeing a downward channel, which began in June 2016, and received confirmation in February-April 2017. The most incredible thing is that the lower border of the channel is at around 1.06, but the question is, will we reach the next 3 months?
Locally (H1-H4):
The currency pair was in the range all week, and further movement limited the Fibonacci resistance from the movement 09.03-19.03 = 1.2510 (61.8%). And most likely, we will see new declines.
Mathematical resistance and support levels for this week:
~ will be available on Monday:
a) Resistance: 0.0000, 0.0000 and 0.0000;
b) Support: 0.0000, 0.0000 and 0.0000;
Indicative_analysis:
* Leading indicators: Left the overbought zone and sank into the normalized zone.
* Price behavior indicators: Demonstrate the return of the price to a "normal state".
* Trend indicators: show a trend-down.
Final recommendations:
We continue to hold the sale from 1.2382
The positions of the WMCI Asset Management Indirect Management Fund are always available for online monitoring.
If you are interested in cooperating with us and also if you need a link to public monitoring, please contact us by email: wmci.messagecenter@gmail.com.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
EURGBP#3:--->Time To buy:Good day, dear investors and colleagues traders!
To your attention, an analytical look at the #Eurgbp currency pair:
Comment_for_went_week:
The currency pair continues to decline for the 2nd week in a row and naturally, given the past weakness of the pound, it is quite difficult to navigate the future direction.
However, some clues about the imminent completion of the decline in the currency pair are still present.
The main factor is that the asset reduced the range of the downward movement and completely left the downward channel.
The result of the week was a 119 point decrease in the Range coefficient to 252 points from 483.
• "Opinion of the managing fund"
“The pound looks like a weaker currency compared to the single European currency. The pound has a negative budget, trade and payment deficit. Weak investment activity, uncertainty around brexit, the tireless Scottish struggle for independence, all this plays against the once main reserve currency of the world.
The current crisis will only bring out all the problems that lurked behind the beautiful facades. "
Technical analysis:
Globally (D1):
Since August 2016, the currency pair is in the range indicated by the zones: 0.9310-0.9250 (Upper border) and 0.8340-0.8302 (Lower border). And the current volatility only tested the strengths indicated earlier.
Given the current situation, we can say that the currency pair will still test resistance levels that were not given at first sight.
Locally (H1-H4):
As mentioned earlier, the currency pair came out of the downward channel and it looks like it found support about 61.8% Fibonacci from the previous movement.
Mathematical resistance and support levels for this week:
~ will be available on Monday:
a) Resistance: 0.0000, 0.0000 and 0.0000;
b) Support: 0.0000, 0.0000 and 0.0000;
Indicative_analysis:
* Leading indicators: Demonstrate the potential purchase opportunity for a currency pair.
* Price behavior indicators: Demonstrate the return of the price to a "normal state".
* Trend indicators: show trend-down which are shown on local charts.
Final recommendations:
We recommend potential purchases of a currency pair, from current levels with a specific stop:
close the current position if the 4-hour candle closes below 0.8730.
The positions of the WMCI Asset Management Indirect Management Fund are always available for online monitoring.
If you are interested in cooperating with us and also if you need a link to public monitoring, please contact us by email: wmci.messagecenter@gmail.com.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
EURUSD#5--->Waiting to buy:Good day, dear investors and colleagues traders!
To your attention, an analytical look at the currency pair #Eurusd:
Comment_for_went_week:
The currency pair demonstrates excellent volatility which cannot but please speculators. If the week before last was marked by an increase in the euro by 452 points, then this week the currency pair fell by 330 points.
This week is characterized by a weakening euro by 2.96% and a decrease in amplitude to 374 points (R.coef) from 515 points.
"A decrease in volatility may turn out to be a temporary factor, since market participants must correctly evaluate all the monetary incentives received. However, in the short term, the demand of investors for liquidity like M1 will play a decisive role."
Technical analysis:
Globally (D1):
The increase in volatility has not changed the global picture in the currency pair. We got an extension of a previously downstream channel.
Now, the downward channel range is 8 figures, but according to incoming data, we should see the attenuation of this amplitude.
We expect the currency pair to be configured to test the downward border at 1.06.
Locally (H1-H4):
The pair is moving in a downward channel, breaking the up-trend of last week and now the movements are due to correctional Fibonacci levels.
Mathematical resistance and support levels for this week:
a) Resistance: 1.1470;
b) Support: 1.0615;
Indicative_analysis:
* Leading indicators: Demonstrate the potential for buying a currency pair, but this is only the first hint of a reversal.
* Indicators of price behavior: The price is returning to "normal", however, for an accurate decision to be made, it is necessary to see the situation at 9:00 Moscow time.
* Trend indicators: show trend-down which are shown on local charts.
Final recommendations:
If the price shows stabilization at the opening of trading on Monday at 9:00 Moscow time, our short positions will be liquidated and we will try to open long positions with short stops.
If the market continues to decline at the opening of trading on Monday, we will continue to hold our sale on the currency pair from 1.1080.
The positions of the WMCI Asset Management Indirect Management Fund are always available for online monitoring.
If you are interested in cooperating with us and also if you need a link to public monitoring, please contact us by email: wmci.messagecenter@gmail.com.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
Clarivate Analytics #CCCClarivate Analytics is a provider of services and data analytics to help accelerate the pace of innovation. Most critical though, is that Clarivate stock is holding up in a rough market.
It needs to break out the trendline for entry
USDCHF#4--->Time to Sell:Good day, dear #investors and colleagues #traders!
Your attention an analytical look at the currency pair #Usdchf:
The asset closed the week with corrective growth, adding 135 points or + 1.45% as a result of the close.
Range coefficient also rose slightly to 390 points.
#Technical analysis:
Globally (D1):
The currency pair begins to consolidate at the lower border of the downward channel and if today closes below 0.9480, it can be argued that the asset has found its resistance zone.
Locally (H1-H4):
For the pair, the weekly resistance that it found at the lower border of the downward channel is extremely important. Moreover, the average trend is also starting to turn south.
The resistance zone for the asset is 0.95-0.9550.
Mathematical resistance and support levels for this week:
a) Resistance: 0.9660 / 0.9808;
b) Support: 0.9420 / 0.9720;
#Indicative_analysis:
* Leading indicators: These fund indicators currently show a normal state, although close to the potential sales area.
* Price behavior indicators: These fund indicators demonstrate that the price demonstrates the possibility of opening short positions.
* Trend indicators: At the time of writing, they are close to a reversal.
Bottom line: It is possible to open short positions from 0.9490 to 0.9525 with #stoploss 0.9580 and #takeprofit 0.9250.
!The Fund reserves the right to change trading levels, #stoploss and #takeprofit levels without notifying subscribers on social networks.
Participants can track data in the public monitoring of the fund.
For # traders we provide a service - copying transactions from our trading account.
(You can start at $ 155)
For # investors, we provide a service - account management.
(You can start at $ 155)
If you want trade with us (retranslate our deals to your account get us message here -> wmci.messagecenter@gmail.com);
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.
GBPJPY#4--->Waiting buy:Good day, dear #investors and colleagues #traders!
Your attention an analytical look at the currency pair #Gbpjpy:
The currency pair ended the week with a serious decrease of 470 points or -3.42%. Range coefficient rose 274 to 596 points.
#Technical_analysis:
Globally (D1):
The currency pair came close to the zone of global support: 130-127. Moreover, we come close to the lower boundary of the tapering triangle.
Locally (H1-H4):
The asset continues to be in a downward channel, any attempts of growth are perceived by market participants as an opportunity for sales.
Mathematical resistance and support levels for this week:
a) Resistance: 133.72 / 136.22 / 137.71;
b) Support: 130.34 / 127.73;
#Indicative_analysis:
* Leading indicators: These fund indicators are currently located near the "zone of potential purchases", but can not enter it.
* Price behavior indicators: These fund indicators demonstrate that the price is outside the "normal behavior", which tells us about the inability to open positions at the moment.
* Trend indicators: Demonstrate a decline.
= ≥ Total: The fund model assumes that market participants must wait for price stabilization, and only then it is worth opening a purchase. However, we do not expect that the upward trend will continue for a long time, a fundamental analysis contradicts this.
! The Fund reserves the right to change trading levels, #stoploss and #takeprofit levels without notifying subscribers on social networks.
Participants can track data in the public monitoring of the fund.
For # traders we provide a service - copying transactions from our trading account.
(You can start at $ 155)
For # investors, we provide a service - account management. (You can start at $ 155)
If you want trade with us (retranslate our deals to your account get us message here -> wmci.messagecenter@gmail.com);
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
!Attention: Trading financial instruments and (or) cryptocurrencies is fraught with high risks, including the risk of losing part or all of the investment, therefore it is not suitable for all investors. Cryptocurrency prices are extremely volatile and can change due to external factors such as financial news, legislative decisions or political events. Margin trading leads to increased financial risks.
Ltd ”Wermelgion and Partners Investment” and any provider of the data contained on this website disclaim liability for any loss or loss incurred as a result of trading transactions made with reference to the information provided.