Ethereum has entered retracement of the brutal bear trend. A push toward the next psychological level 80 can be expected on the next leg down. DEVIATIONS INDICATOR HOLDING SHORT DURING THE RETRACEMENT
Expecting high volatility before more selling during the EU Finance Ministers Meeting. EURO Bullish potential to remain capped by economic imbalances. DAY TRADING INDICATOR HOLDING THE SIGNAL SHORT.
Possible retrace forming during London & New York Session after a break of 0.61. DREAM HEIKIN ASHI INDICATOR SHOWING FORMING RETRACE
The first level of support for SPY is $261~$262. We believe this midpoint of 2018 high to the low trading range will offer a fairly strong support level for the SPY to attempt to set up a price bottom. Below that, the $234 level (the lower range of the 2018 trading year) would provide very clear support for the SPY. The same type of price theory and...
Bitcoin just had a liquidity moment. Perhaps it is related to liquidity issues and selling as discussed in Bond Market Dislocation: What the Hell is Going On? There is every reason to believe Bitcoin has more liquidity moments ahead of it. Bitcoin briefly fell below $4,000 then started a rebound. Where to from here? I managed to catch a screenshot of Bitcoin...
After forming a downside continuation pattern around 1638.98 and broken it downwards, Gold has completed the descending wave at 1555.55. Possibly, today the pair may form one more ascending structure to reach 1594.22. In fact, the instrument is expected to start a new rising wave with the target at 1768.50. Gold prices have fallen sharply amid a massive market...
USD/CAD corrects from multi-year tops, slips below mid-1.3800s amid rallying oil prices The USD/CAD pair dropped to fresh session lows, around the 1.3825 region in the last hour and eroded a major part of the overnight gains to over four-year tops. The pair witnessed an intraday turnaround and retreated around 120 pips from the Asian session swing highs to...
GBPUSD hitting one-week lows in a knee-jerk reaction to the BoE's emergency rate cut. Support holding at Fib 0.618 HEIKIN ASHI FIBONACCI HOLDING LONG
This weekend Saudi Arabia dropped the oil bomb. It not only cut its forward crude price to Chinese customers by as much as $6 or $7 per barrel but is also reportedly looking to raise its daily crude output by as many as 2 million barrels per day into an already oversupplied global market. Look out below. The move by the Saudis is both a market share grab and a...
The Index tracks 50 of the largest and most liquid companies in China. These equities trade on the Hong Kong Stock Exchange (SEHK) and are weighted based on market cap. Hong Kong's Hang Seng index slid 3.8 per cent and China's Shanghai composite fell three per cent. '£130bn' wiped off FTSE 100 as oil stocks ... The FTSE China A50 Index is widely viewed as a...
Major U.S. stocks closed mostly lower on Wednesday. The Nasdaq closed up 15.16 points or 0.2 percent at 8,980.77, the Dow slid 123.77 points or 0.5 percent to a four-month closing low of 26,957.59 and the S&P 500 fell 11.82 points or 0.4 percent to a nearly three-month closing low of 3,116.39. On the economic front, the Commerce Department's Durable Good Orders...
DAX 30 | CLINGING ONTO SUPPORT The DAX fails to escape the equity carnage as the closes the week with losses of 2.9%. After the Fed provided an emergency cut, all eyes will be on the ECB as they look to announce a series of measures to aid the Eurozone. On the technical front, the DAX remains weak with bounces proving short-lived. That said, 11,500 has held thus...
Gold prices pulledback during the Asian trading hours. Precious metal have recently surging as the market swings violently on coronavirus fears. LUCKY INDICATOR HOLDING THE TREND SIGNAL LONG
USDJPY has retraced off the multi-year low. Some downside potential could continue to prevail in the market. DAY TRADING INDICATOR HOLDING THE SIGNAL FOR THIS SESSION SHORT.
USDCAD broke the recent 34 month top at 1.375. This push is the strongest since early 2019. After a retrace in asia session, looking for more moves to the upside. DAY TRADING INDICATOR STILL HOLDING THE TREND LONG FOR THIS SESSION.
Calculation For Trading: Resistance Level: 7.955 Resistance Level : 7.891 Resistance Level : 7.846 Support Level : 7.738 Support Level : 7.674 Support Level : 7.630 If you are looking for Forex pairs with good return, EURCNY can be a profitable investment option. EUR/CNY rate equal to 7.787 at 2020-03-03 (today's range: 7.747 - 7.802). Based on our forecasts, a...
The New Zealand Dollar has slumped to touch the lowest level in almost eleven years against its USD. VENUS LIVE LEVELS INDICATOR SIGNALLING MORE SHORT
The index suffered an 11% drop over five days. Eyeing 3000 resistance for further short confirmation. C WAVE (DAILY) SIGNALLING MORE SHORT SO FAR.