All timeframes on NZDUSD are bearish. Next longer timeframe target is 0.63411, which is the last bottom on the Monthly timeframe Target: 0.63411 Invalidation point: 0.70644 (last bottom on Daily timeframe) See below the multitimeframe analysis M) Down: Bearish Range Rules (Relative Strengh Index moves between 20 and 60), Bear retracement exactly at 50%, Price is...
EURUSD shows arguments to expect a further decline on different timeframes. Wait for Negative Reversals on Relative Strength Index or CFG to short the market. Next target: 1.146 (based on weekly timeframe) Invalidation point: 1.17111 (recent bottom on daily and 4H timeframe) See analysis of multi timeframes below: M) Down: topping at 60, below fibo 50% level...
Bullish on Gold (XAUUSD). Target: 1364 (based on RSI Reversal on Weekly Chart) and after that 1441 (based on Monthly chart) Invalidation Point: 1280 (thick black Moving Average Composite line on Weekly) Below an overview of the multitimeframe analysis M) Up - sideways: Positive Reversal Target (PR TA): 1441, but Range Rules on RSI(14) show sideways W) Up: PR TA:...
Salesforce (CRM) Target: 104.35 (based on signal on weekly chart) Invalidataion point: 92.32 (thick black MA Composite) Multitimeframe analysis based on RSI, Moving Averages and CFG M: Up: C > MA's, RSI > 60 (and MA's on RSI) W) Up: PR TA: 104.35 D) Up: but fragile, just missed PR. RSI just broke above 60 4H) Up: just switched from bear to bull. RSI > 60
Still very bullish on Bitcoins. Nice to see targets in previous analysis was hit easily. Below an updated multitimeframe analysis. Target: 6399 Invalidation point (support): 5013 Montly - Up: Simple moving average (9 periods) on RSI is still above 65. Which is very bullish Weekly - Up: Little bit of resistance expected,when Bitcoin tries to break through RSI...