Daily chart, stock is crossing the triangle, and is targeting 422 passing through resistance levels as shown. RSI and MACS support this view. Stop loss should be considered at 310
Coffee, Sugar, Cocoa, and all 5 milk futures are listed in this layout. People buy a lot of coffee and milk which is why this chart is of importance. The Sugar, Coffee, and Cocoa are obviously used to make the caffeinated drink.
looks very good tried explaining everything in the chart keep strict stoploss, if 680 comes exit without a second thought!
Coffee, Sugar, Cocoa, and all 5 milk futures are listed in this layout. People buy a lot of coffee and milk which is why this chart is of importance. The Sugar, Coffee, and Cocoa are obviously used to make the caffeinated drink.
According to our online observations more than 80% of traders long NZDUSD right now! However fundamentally by decreasing in price predictions of diaries, Kiwi could bear a more decline in long-term. Next week RBNZD intrest rate decision could also change the market. (only if be different to predicitions). Also China's political problesm with free world could...
Multi Year Upward Sloping Channel ATH in 2017 @ 853 & 80% drop to 141 in 2020 Plan - to Purchase Above Breakout 550 Or, rejection indicators close to 220 P/B - 2.4 P/E - 21 D/E - 0.1 ROCE - 20 DIV - 1.7%
THere are not one but two important Support points with good vol trade indicated by Black Lines. I expect the trade will have a even better R:R if we enter at the lower Black Line.
Extremely weak. Weakest one of the bunch. Have downside target on. Volume sloping but market is still short.
GBPJPY was under selling pressure over last two day. Price is at support.Now produced higher high and higher low. I bought at the higher low. Stop loss in below 155. Wide but ok for GBPJPY pair
This trade analysis is part of my diary. Please let me know if it was helful but also your suggestion for improvements GBPJPY experienced significant sell off over last week in line with expectations but much greater magnitude. Price is now sitting at support and stochastic is significantly oversold. This is also close to 618 Fib retracement form the March...
This trade analysis is part of my diary. Please let me know if it was helful but also your suggestion for improvements Price dropped as the repatriation continued in Japan and this drove the value of JPY up. On the other hand Yellen dovish speech and relatively week although better than expected NFP didn't support April hike and doesn't support June hike...
Long term view on EURUSD is to sell any retracement. Technically speaking pair is still in the uptrend and bouncing at 21 EMA and yearly central pivot. Should that price retrace on 1 H and made HH I would be looking for the price action and sell. Should that price break below yearly pivot we can wait for retracement sell from there. I don't like to catch the...
This trade analysis is part of my diary. Please let me know if it was helful but also your suggestion for improvements Price action has been just fantastic. I have predicted retracement on the way up and were buying retracements. Now the price is approaching 21 EMA on daily chart. This is also a resistance zone based on the price action and 113 Psych level...
Fundamentally we have the Reserve Bank of Australia with a neutral stance and the Reserve Bank of New Zealand with a neutral stance after the latest rate cut. In fact the NZ CPI Figures are scheduled for this week before we head into the showdown of the RBNZ in the last week of January. I am expecting a drop in NZ CPI Figures of round about -0.5%, while the newest...
It has been a very strong down trend since July 2014, but Uncertainty of FED rate hike and dairy price rose since 18th AUG auction. Traders are taking advantage of strong KIWI and weaker DOLLAR till next RBNZ announcement. Happy Trading; RinaP