Dailychart
USD/CHF Long on 0.93050 BreakthroughLooking to breakthrough 0.93050 and reach around 0.95250 support level.
EUR/USD - Short Around 1.16650 EU/USD looking to test 1.16650 resistance and then fall around 1.13850.
Daily Pullback | Short SetupGBPJPY approaching daily descending trendline in confluence to the 0.618 fib retracement and a potential rejection is possible.
Euro is become more optimistic: There's nice news of EurozoneAs today we see a good ness for the Eurozone, so Europe could be benefited in this week because if you noticed it this news:
"Euro is turning into "credible" safe haven after Europe Union Rescue Deal"
So, as Sterling Pound also is strenghten, but not in EUR against her rivals, because the Euro fundamentals is more strongest than Sterling Pound.
No guys, in this technical analysis, in Daily we see a Euro so bullsih as the par EUR/USD continue the trend, that may be influenced in this par too. Looking in Daily timeframe, we see a closed up of candlestick in Daily, so carefully we see a inverted hammer, that show that in the next days Euro is continue up and buyers are here defend the Eurozone while all the Euro fundamentals keep in reputation.
More interesting is that timeframe too, in H4 we see a bullish movement and we are in this bearish channel, that mean a continue of the trend, rememebr that in Daily is so bullish still it.
i will going again to discuss the fundamentals in this par and the msot important for me is:
1. Euro rose against many of its peers today on hopes over a crucial milestone as the Eurozone's goverments look set to form a consensus on a covid-19 recovery fund.
2. Although lower than the initial proposal of 500 billion of euros, the new grant is agreed at around 390 million euros-still a significant boost for the Eurozone's struggling economy
3. A commentary of Valentin marinon say that as European Union fund should foster fiscal solidarity in Europe and create a massive new pool of high-quality, euro-denominated bonds.
4. Euro's investor see that Eurozone's largest economy's has the ability to recover from the covid-19 crisis while the incresingly of the important countries as France, Germany, Italy, Spain, Denmark, etc... That is ones of the countries wiht largest cases of covid-19. Specially Spain is one of the largest cases in the channel called in spanish: España Noticias!!!
Did you know, this par is one of the sensitive becuase when United Kingdom is more optimistic in the past week, we will needed to sell Euro than buy Sterling Pound.
So, guys this is all my news, don't recall the fundamentals, reading is important, because one of my strategist is when I going to sleep, turn my computer and read firstly than making technical anlysis
GVTBTC has been a nice daily breakoutGVTBTC has been a nice daily breakout ad you can see on left chart.
On the right chat with 4h timeframe, it creates a nice support (yellow rectangle).
According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Gold Futures – GC1!
After the breakout of the ascending triangle we moved up to the price target of the weekly chart
GC1 took a break at this level and moved some days in a slightly downward in a corridor
In the last two days GC1 broke out of this corridor and went back to the upward trendline
In my point of view GC1 is increasing further to the target price of USD 1’913.80 of the ascending triangle
GBPUSD Head and Shoulders FormationThe Cable is looking strong to form a head and shoulders formation.
We have to be careful about stop loss order. In my opinion higher than MA 20 will be bullish for the Cable. So i set my stop loss order regarding to it.
If you enjoy my graphs, like and comment. Your feedback will always be appreciated. Thanks!
GBPUSD Long "Daily"Monthly major support zone with bullish divergence . Daily made new high in June. Recently made higher low. Today broke out of 4H Bullish Pennant . Start of Bullish week to push for new highs.
GBPJPY Long "Daily"Monthly major support zone with bullish divergence . Daily made new high in June. Recently made higher low. Today broke out of 4H Bullish Flag . Start of Bullish week to push for new highs.
USD/JPY Swing Trade Idea - Possible Retest on 105.450USD/JPY Swing Trade Idea
Looking to retest 105.450 and bounce up to 109.450.
Good luck! And remember, this is just an idea.
AUD/USD Swing Trade Idea - Possible Retest on 0.70250AUD/USD Swing Trade Idea
Looking to retest 0.70250 and bounce down to 0.61250.
Good luck! And remember, this is just an idea.
GBP/USD Swing Trade Idea - Possible Retest on 1.26850GBP/USD Swing Trade Idea
Looking to retest 1.26850 and bounce down to 1.17150.
Good luck! And remember, this is just an idea.
U.S. Dollar / Swiss Franc
Still in a downtrend on a daily and weekly basis
Will the support hold at 0.93760?
On a weekly basis the 100 MA will cross the 200 MA in the next days
Will the dollar test the low from 2018 at 0.91876?
My view is that the dollar will be still under pressure against Swiss Franc and that we will break through the support at 0.93760 and retest the lows from 2018
BTCUSDT 4H | Bitcoin market overview: ShortHello, dear subscribers!
In the last review we considered the main bitcoin market situation - a flat with local support - $9,170.
Currently, the price of bitcoin is $9,160. On the four-hour chart, we have fixed below the local support at $9,170, which indicates that the main priority at the moment is the short.
On the daily chart we see that a signal for the bitcoin price decrease is formed on the MACD indicator.
Subscribe to the channel and stay with us!
Swiss Performance IndexDaily Chart on the left side
After the drop it had nice recovery, followed by a sideward movement which the index left in the last days
Passed through the resistance at 12’556.21 (horizontal line) and at 12’572.12 (76.4% Fibonacci Retracement)
Golden Cross a few days ago
Weekly Chart on the right side
Uptrend since a few weeks
50 MA turned back upward
It looks as if it will soon reach its high of 17 February.
NEOBTC broke a daily structure 🦐NEOBTC broke a daily structure, we are waiting for a retest or a daily close.
According to Plancton's strategy, we can set a nice order
–––––
Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question .
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
SPY fake sell off todayIf you look at the MACD from previous periods it looks like, comparing to previous MACD bull runs, we are just getting started.
Todays sell of was definitely one to scare off the bulls but we are hitting resistance and going to recover
if you look at the 4 hour MACD we are barely going to flip the MACD to bullish and the AO indicator is already showing signs of bullish movement
Plus we still have to close the gap made right before the drop of Feb 19 around the $330 area
IF there is a real sell off it might be when we hit the $330 level soon or around August
doesnt seem like we are going down any further
Bullish until Q3 and possible $400 SPY by EOY
