USDJPY ---> Time to buy(again):Good day, dear investors and colleagues traders.
Your opinion technical analysis of the currency pair #Usdjpy:
The currency pair continues its downward movement and went even deeper into the zone of potential purchases. Compared to the opening, the currency pair lost 0.59%.
The asset reduces the Range (amplitude coefficient of movement) from 150 to 94 points, which allows us to say that the last decline is only temporary.
Three-day trend angle = 12.3˚
Two-day trend angle = 29˚
Last week, our system recommended the purchase of this pair from 109.13 without #takeprofit (since our goals are higher than local analysis) and #stoploss 108.40.
Despite the fact that we received a loss, we all continue to consider this currency pair extremely interesting in terms of purchases and medium-term goals.
We will look for consolidation areas for short-stop purchases. We want to pay special attention to several levels:
I) 108.01
II) 107.67
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.
Analytics
EURUSD --- > Waiting result:Good day, dear investors and colleagues traders.
Your technical analysis of the currency pair #Eurusd:
The currency pair pushed off from the potential buying area and did not go beyond the level of 1.1000. This allowed the bulls to seize the initiative and the single European currency completes the week with a moderate increase of 0.59% compared with the opening of the week.
The asset increased its Range coefficient (amplitude motion coefficient) from 87p. up to 116p.
Three-day trend angle = 19.3˚
Two-day trend angle = 29.2˚
The technical picture is identical on both local and global time frames. Currency pair left the downward channel.
The objectives for the currency pair and the zone from which we will seek sales are as follows:
I) 1.1128
II) 1.1163
III) 1.1231
We will seek sales because the currency pair has entered the sales area.
Our recommendations: buying from 1.1000 with #stoploss 1.0950 and #takeprofit 1.1100 (RR≈2) currently makes a profit of 100 points or 1% of the deposit.
We currently recommend three options:
I) Close the recommended position;
II) Move the position to breakeven;
III) Close part of the position, and transfer the other to breakeven;
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
EURJPY --- > Buy still relevant:Good day, dear investors and colleagues traders.
Your opinion technical analysis of the currency pair #Eurjpy:
The currency pair continues to consolidate in a narrow range of 119.78 - 120.42. The weekly close did not change much and the week passed under the flag of extremely weak volatility.
There is no point in considering the Range coefficients and the tilt angles of 2, 3-day averages, since they are all close to the minimum values.
The technical picture also keeps us in a narrow consulting range.
We continue to believe that the currency pair has upside potential. Our indirect management fund continues to hold its position: a purchase from 120.04 with #stoploss 119.20 and without #takeprofit (because our goals are higher than local analysis).
The potential goals for this line item are:
I) 120.55
II) 120.88
III) 121.27
The currency pair left the zone of the potential purchase zone, as a result of which the client recommended:
I) Hold this position, although the pair left the zone of potential purchases.
II) Close the deal to open and wait for a new fall in the potential zone of purchases.
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.
GBPUSD --- > Waiting consolidationGood day, dear investors and colleagues traders.
Your opinion technical analysis of the currency pair #Gbpusd:
The currency pair began its week not very positively and found a local bottom in the region of 1.2989 - 1.2975. The positive (more hawkish look) from the members of the Board of the Bank of England (#Boe) was taken very unexpectedly and market participants began to buy the pound. Thus, the currency pair completes the trading week with a result of + 0.99% to the US dollar.
The asset practically did not change the fluctuation of the Range coefficient (amplitude coefficient of motion) remaining in the region of 200 points.
But the trend angles have changed:
Three-day trend angle = 39.3˚
Two-day tenet angle = 42.4˚
The technical picture is more than positive, the currency pair has finished consolidating and has withdrawn from the range of trading that lasted from January 6, 2020.
The next target for the currency pair is 1.3260 consolidated zone on January 1. By the way, it is she who is the upper boundary of the ascending channel in which the currency pair is located.
According to our estimates, the currency pair is in the zone of potential sales, however, some consolidation or decrease from one of the key levels should be noted:
I) 1.3286
II) 1.3364
III) 1.3520
We will look for opportunities to sell precisely from these levels, or if consolidation begins in front of them.
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 ---> Near sell zone, but still get a long(bull) position:Good day, dear investors and colleagues traders.
Your opinion technical analysis of the currency pair #Gbpjpy:
Gbpusd. In parallel with the repetitive behavior of majors. 141.52-141.40. Great support was open.
The gain against unexpectedly strong statements by the Bank of England was + 0.75%.
The asset slightly reduced the Range volatility (amplitude coefficient of motion) from 234 to 203 points.
The slopes of the average daily trends are declining, which indicates a possible correction:
Three-day trend angle = 24.9˚
Two-day trend angle = 14.8˚
She was consolidated at the upper limit.
Consolidation is ongoing.
Currently, the pair is in the neutral zone.
We continued to hold the previously recommended buying position from 141.97 with #stoploss 140.80 and without #takeprofit (because our goals are above the local analysis).
0.9% of the deposit in the presence of 1% per transaction.
Prices for the following levels:
I) 143.48
II) 144.57
III) 145.87
The currency pair is currently in the neutral zone.
We currently recommend three options:
I) Close the recommended position;
II) Move the position to breakeven;
III) Close part of the positions transferred to breakeven;
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.
USDCHF ---> Carefully buy:Good day, dear investors and colleagues traders.
Your attention a technical analysis of the currency pair #Usdchf:
The currency pair came across strong resistance around 0.9760 and it jumped to its current values, having lost 0.74% since opening last week.
The asset left unchanged the Range coefficient (amplitude motion coefficient)
Three-day trend angle = 37.4˚
Two-day trend angle = 46.4˚
The asset continues to move in a downward movement, however, this movement seems excessive and too strong for us.
Our system tells us that the asset has already entered the zone of potential purchases.
As a result of this, we will look for consolidation zones for purchases.
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.
USDJPY ---> Time to Buy:Your attention a technical analysis of the currency pair #Usdjpy:
The asset is locally in a downward movement, the angle of this decline is 11˚. A change in trend is not confirmed by an increase in the Range coefficient (Amplitude coefficient of motion), therefore, we consider this movement to be only a correction.
We assume that the currency pair has entered the zone of potential purchases and recommend considering current prices as an opportunity for purchases.
Factors affecting our position:
1. Consolidation above 108.93;
2. The asset is in the zone of potential purchases;
Stop Loss Level (#StopLoss): 108.40
Take Profit Level (#TakeProfit): 110.20 (I)
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
Ethereum - global trend reversalA global trend reversal of ETHUSD is being prepared. The price of ether may double, or at least grow significantly.
There are two arguments for long Ethereum:
1) Double bottom on timeframe 1 week.
2) The bulls again managed to get the price out of the 115$-150$ zone. A large volume is accumulated in this range. This is confirmed by both the horizontal and vertical volume profile.
So, the priority now is to buy this coin.
Etalon lags behind the general trendWhile russian stocks dramatically grow, this stock stands in the range. If the bulls manage to break the level resistance 1.925-1.950, I expect growth of quotes.
GBPUSD ---> Neutral viewGood day, dear investors and colleagues traders!
Your attention a technical analysis of the currency pair #Gbpusd:
Currently moving to its lower limit for strength testing.
The global trend has a 6.3 < slope.
The amplitude coefficient of motion complements this statement.
At the moment, indicators speak about the balance sheet status of an asset.
Asset is neutral for our models.
Regards to subscribers,
Vermelgion & Partners Investment LLC
EURJPY ---> Not ready to buy,yet:Good day, dear investors and colleagues traders!
Your attention a technical analysis of the currency pair #Eurjpy:
The asset continues to move in the Channel Down Channel, the slope angle increased from 10.2˚ to 24.4˚. The amplitude coefficient of motion, and vice versa, decreased from 175 points to 134.
Leading indicators indicate the presence of an asset in the zone for potential buyers.
However, the rate of decline, lack of consolidation and low-level trading
Regards to subscribers,
Vermelgion & Partners Investment LLC
EURUSD ---> Near buy zone:Good day, dear investors and colleagues traders!
Your attention a technical analysis of the currency pair #Eurusd:
The asset continues to be in a downward movement, moreover, the angle of inclination of this trend also increased from 15 ° to 37.4 °.
There was an increase in the Range (Amplitude coefficient of motion) from 88.4 points to 145.3 points.
On the MACD, divergence was noticed, while according to our estimates, the pair entered the zone attractive for shopping with the given #StopLoss and #TakeProfit sizes.
The ideal combination for us is the coefficient #RR 1k2, so the recommended purchase price is at 1.1000.
Given the growth of ranges that occurred quite recently, we can assume that soon, the currency pair will exit the downward channel and possibly test the upper limit of the downward channel, if this happens - we expect a breakthrough of this line with a subsequent increase.
At the moment, the pair is seeing consolidation suitable for the accurate opening of long positions.
Regards to subscribers,
Ltd ”Wermelgion and Partners Investment”
EOS is going to reverse. The end of the global DowntrendDear Ladies and Gentlemen,
Breaking up of bearish trend line and signals from our momentum strategies for long trades are coming on weekly EOS/USD chart.
We suppose it's end of bearish trend for EOS. There is begin of new accumulation for global upmove.
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Best regards,
FOBS Team
Monero shows bullish signals. End of the downtrend for XMR/USDDear Ladies and Gentlemen,
As for EOS as for XMR/USD on the chart you can see breaking up of bearish trend line and signals from our momentum strategies for long trades are coming on the weekly chart.
We suppose it's end of bearish trend for XMR. There is begin of new accumulation for global upmove.
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Best regards,
FOBS Team
Litecoin Technical Analysis. Medium-term prognose.today we would like to provide long-term analytics of the ltc/usd pair. At the moment, trendline and momentum strategies show a downtrend and short sales. In the current situation, we consider 3 price levels that will potentially become a support level for future accumulation. For each of the levels, the extreme dates of the crossing of the trend line up are indicated.
The proposed levels are in the price range of 22-30-40 dollars.
Based on the above prices, we can suppose the end of a downtrend that began in the second half of July 2019:
1) 40 usd/ltc - Februar 5, 2020
2) 30 usd/ltc - March 27, 2020
3) 22 usd/ltc - May 22, 2020
However, earlier purchases are also possible, which will cause a break through the trendline .
At the moment, the overbought stochastic during the current downtrend shows a high probability of continued downward movement below 40 usd / ltc.
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Two arguments for Long EthFirstly, there is a bullish candlestick pattern - engulfing on timeframe one day, but the candle hadn't closed yet (we have to wait for closure)
Secondly, price is pressed to the resistance level 133-135$. If the bulls manage to break through this level of resistance, I expect growth of the price.
Growth of price is possibleIn the previous idea for ETHUSD (it is only available in Russian) I wrote that a retest of trend support is possible. This is what happened, the bulls managed to protect the price.
Now the price of ether is moving within the wedge. If the bulls manage to break through the upper border of the figure, that is, to break through the resistance, then I expect growth of coin's price. However, while this has not happened, growth is questionable.