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SILVER (XAG/USD) - Wait For a Bullish PA. From The Green Box!Hi, September wasn't exactly the best for Silver but I like the price movement that makes prediction a bit easier. A possible short-term (1-5 days) reversal should occur around 16.500: Some of the criteria: 1. EMA's from the Weekly and Daily timeframes should act as support levels. 2. Previously worked resistance becomes support 3. Fibonacci 4. Trendlines 5. Channel 6. Waves 7. Wait for bullish price action from the marked green triangle - a breakout from chart patterns, bullish candlestick patterns, etc. Regards, Vaido
FOREXCOM:XAGUSDLong
by VaidoVeek
EURUSD Retains Its Medium Term Downtrend EURUSD retains its medium term downtrend as it looks for more weakness in the new week. Support comes in at the 1.0900 where a break will turn risk to the 1.0850 level. A breach below here will target the 1.0800 level. Further down, support stands at the 1.0750. Conversely, on the upside, resistance comes in at 1.1000 level with a violation of there opening the door for further gain towards the 1.1050 level. Further up, resistance lies at the 1.1100 level. A cut through that level will clear the way for a move towards the 1.1150 level. All in all, EURUSD expects more weakness in the days ahead
Short
by FXTechstrategy
GROW - Bulling & Still GrowingU.S. Global Investors, Inc. engages in the provision of investment advisory services. It operates through the following segments: Investment Management Services, Investment Management Services-Canada, and Corporate Investments. The Investment Management Services segment offers a range of investment management products and services to offshore and exchange traded fund clients. The Investment Management Services-Canada segment comprises of investment management products and services in Canada through its asset management firm. The Corporate Investments segment invests for its own account to add growth and value to its cash position. The company was founded in 1968 and is headquartered in San Antonio, TX. SHORT INTEREST 277.41K 09/13/19 P/E Current -9.20 Price to Sales Ratio 5.57
NASDAQ:GROWLong
by DEXWireNews
BITCOIN | Important Areas & Patterns!Hi followers, traders, investors. It gonna be a pretty long, hopefully helpful, analysis. The Descending Triangle has broken. It worked as it should be because it is considered as a bearish chart pattern. The support got cracked with a very powerful candle, which is also logical because the lower orange support area has previously worked as resistance and several times as a support level. If the price starts to approach it again, then we know that it certainly starts to play a very important role in the long-term perspective. In this analysis, I would like to point out some mid-term and even long-term scenarios, some stronger technical price levels from where the price is capable to make some gains, drops or even some pretty impressive bull runs. First of all, I would like to point out an area which is the strongest support (in my opinion). Not just a support but possibly it can produce a mid-term reversal. I have made some mid-term technical analysis and sooner or later the price has reached to my pointed out areas. Hopefully, this analysis is not an exception. The "price pocket" stays inside the marked green area, the range is pretty wide - $6,800-$8,000. To get started, let's count those criteria: 1) The orange horizontal line has worked multiple times as a support and as a resistance level - $7,410. It started to act as a resistance in November of 2017, this is the time when the price reaches the first time to this area. As said, several rejections, it has printed monthly highs and in this year, as you can see from the left side of the major image, it has worked as a small supporter. So, this area already itself is capable to produce something but obviously, that's not all. 2) Three Fibonacci Extension levels. 2x 127% and 162%. Those are drawn from different waves from the top of the price action (2019 top). All Fibo Ex. levels stay between $7,500-$8,000, even though they are pulled from different waves. 3) 3x AB=CD. Again, pulled from different waves, which stays above the 9k but those three D points are inside the green area to make it stronger and stronger after every criterion. D1 ~ $8,100 D2 ~ $7,900 D3 ~ $7,500 4) The Fibonacci Golden Ratio 62%. Historically, the Bitcoin price has reacted to this Golden Ratio extremely accurately especially, long-term Fibonacci levels. Now, we have also long term Fibonacci retracement level, which is historically worked perfectly, inside the green area. Fibo is pulled from 2018 low to 2019 high and 62% is at $7,230 5) Weekly EMA100 ~$6,900 6) Inside the green area are two middle number/round numbers $7,000 and $8,000. I cannot count those as a criterion because the area is pretty wide but still, nice to know ;) 7) Now, the major criterion. The criterion which can lead us also to the bull run but we'll talk about that a little later. The massive channel projection. The Descending Triangle upper trendline, copy/paste and we will get a parallel channel. The "line" is pretty wide and a bit subjective but our goal is mid-, long-term so it doesn't have to be super perfect. It adds a massive amount of strength to the marked area/ to the "price-pocket" and it just has to work as a strong support level ;) 8!!! Wait for a bullish candlestick pattern inside the marked area. As said, the area is wide, the selling pressure is high (FOMO), the drop has been sharp - all those minuses refer to a candlestick pattern, which has to occur on Daily or on Weekly timeframe! We cannot simply start to the action if the price reaches to the pocket. Actually, a long-term investor can buy it from the pocket as the price reaches inside the marked area. Remember, only then you can buy when your bias is set to long-term because it just is a sweet spot to add something to your long-term portfolio - partially. Daily and Weekly candlestick patterns: Hammer, Engulfing, Railway Tracks, Morning Star. Forget those Haramis, Inside Bars blabla...jadajadajada sorry but bs. Okay, those were the criteria which makes this are strong. As said, sooner or later the price has reached to my pointed areas, so watch out for that ;) There is also the time window, it has to occur within two-three weeks. I'm a bit "worried" that the price may go to make a retest the Descending Triangle support which now becomes resistance ($9k) and if the time window breaks then the price may go easily lower than 6,8k. Basically, if it doesn't reach inside the green area within three weeks and if the price doesn't make a breakout from the Bull Flag then 4-6k is easily doable. What?? Bull Flag?? Bull Flag Firstly, I have to say that if the price gets a rejection from the green area and if it reaches to the 9k (black box, the most important crossing area) then we may get a textbook sell opportunity (definitely, I'll talk about it a bit deeper in the next analysis if it occurs) BUT if it makes a breakout upwards (cracks the super-strong trendline, cracks the mentioned super-strong area 9k) then the bull run may begin because since 2019 high the price has started to fall lower and slowly it has started to form a bullish chart pattern Bull Flag... ...which gets confirmed AFTER THE CANDLE CLOSE ABOVE THE UPPER TRENDLINE. At the moment, this is just a formation, nothing confirmed and as said we may get a perfect short-term sell opportunity around the 9k but for to-the-moon guys, it would be a perfect setup to the moon :) Only then, I change my mid-, long-term bearish bias when it has made a breakout above the upper trendline, which is currently the counter trendline - bigger trend, since 2018 low, is upwards and the current smaller trend since 2019 high is downwards. My older followers should know how good are those trades where the counter trendlines get cracked. At the moment, my eyes are pointed to the green area, I'll wait for a bullish candlestick pattern from Daily or from Weekly timeframes. If the price doesn't reach inside the green area then I'll wait for a fat orange horizontal line to become resistance and I will search for some short opportunities from there. Please, take a second and support my effort by hitting the "LIKE" button, it is my only fee from You! Best regards, Vaido
COINBASE:BTCUSD
by VaidoVeek
60
GBPJPY Targets Further Weakness On Price Decline GBPJPY looks to weaken further lower as it retains its corrective pressure. On the downside, support comes in at the 132.50 level where a violation will aim at the 132.00 level. A break below here will target the 131.50 level followed by the 131.00 level. Its daily RSI is bearish and pointing lower suggesting further weakness. Conversely, resistance is seen at the 133.50 level followed by the 134.00 level. A cut through that level will set the stage for a move further higher towards the 134.50 level. Further out, resistance resides at the 135.00 level. All in all, GBPJPY remains biased to the downside on further correction.
Short
by FXTechstrategy
1
TOTAL2 AltCoin IndexBearish Case: Throughout this year, almost every Alt Coin has under performed Bitcoin. Some pulled out of the gate very strong, but most have sold off all, but some of their gains. With the ICO craze over, many people are emptying their alt coin bags and buying BTC. Bad publicity and lawsuits have plagued the alt coin market, although most are useful, a select few tainted the markets reputation. I do see the possibility of a double bottom; especially with the fed getting reckless with QE. With that being said, this market is very unpredictable so trade conservatively.
CRYPTOCAP:TOTAL2
by Augustus_Lee7
1
TOTAL2 AltCoin IndexBullish Case: Judging by the total market cap in Alt-coins, id say its trading relatively strong. Many new projects, coins, and capital have entered the market within the last year. Although not every alt-coin is valuable and many are subject to hyperinflation, there is still many great contenders with solid use cases. Judging the alt market in general, I think itll trade strong against the USD, but I do think Bitcoin will still have an edge. BTC has allot going for it currently along with new exchanges and smart money getting involved. BTC has its upcoming halving relatively soon; mix that with Quantitative Easing and Bitcoin may take off more than any of us predicted
CRYPTOCAP:TOTAL2
by Augustus_Lee7
GBPAUD | Strong Resistance. Can It Produce Reversal?Hi, Again, the risky GBP pair but I have to repeat myself, the trade is triggered only then when you have seen bearish candlestick pattern around the marked area! Criteria: 1. The blue trendline should act as a resistance 2. Blue dotted minor trendline 3. The round number 1.85000 4. Fibonacci Extension 5. Channel projection 6. AB=CD 7. Previously worked resistance level in 2018 8! As said, wait for a bearish candlestick formation, otherways it is highly risky to trade it. The pattern has to form on 4H or on Daily. Regards, Vaido
Short
by VaidoVeek
AUDUSD Threatens Further Weakness Towards The 0.6700 Zone AUDUSD threatens further weakness towards the 0.6700 level in the new week. On the upside, resistance lies at the 1.6800 level. A cut through here will turn focus to the 0.6850 level and then the 0.6900 level where a violation will set the stage for a retarget of the 0.6950 level. Support lies at the 0.6700 level where a breach will aim at the 0.6650 level. Below here will open the door for a run at the 0.6600 level and then the 0.6550 level. On the whole, AUDUSD faces further downside threats on more weakness.
Short
by FXTechstrategy
AUDCAD | Valid Double Bottom & Neckline Retest!Hi, AUDCAD has made a breakout from the chart pattern and it has managed to break above the down-trendline (pulled from 17. April) Usually, we have to talk about possible patterns. Now, we have a valid pattern and the marked area is the retest area. Bullish chart pattern called "Double Bottom": The pattern is valid because the price is above the neckline. The neckline is the light blue horizontal line, which worked as resistance. Now, the current price action indicates that it can be a classical retest situation. The green support/reversal box consists: 1. The blue trendline should act as a support, a classical retest situation. 2. The light blue horizontal line (Double bottom neckline) should act as a support, a classical retest situation. 3. EMA 50, 100 & 200 are inside the marked area. 4. EMA golden crosses. 5. Fibonacci retracement 38% 6.* Wait for a bullish candlestick pattern inside the marked green area!! The information provided is not financial advice, it is a pure technical price zone and it doesn't include fundamental analysis. Always do your own research! Regards, Vaido
Long
by VaidoVeek
1
EURUSD Closes Higher On Price Recovery Towards 1.1163 EURUSD faces further upside pressure following its past week higher close. Support comes in at the 1.1000 where a break will turn risk to the 1.0950 level. A breach below here will target the 1.0900 level. Further down, support stands at the 1.0850. Conversely, on the upside, resistance comes in at 1.1050 level with a violation of there opening the door for further gain towards the 1.1100 level. Further up, resistance lies at the 1.1150 level. A cut through that level will clear the way for a move towards the 1.1200 level. All in all, EURUSD expects more weakness in the days ahead
Long
by FXTechstrategy
EURJPY Rallies On Further Upside Pressure With Eyes On 120.20EURJPY rallies on further upside pressure with eyes on 120.20 level. On the downside, support resides at the 119.00 level where a break will aim at the 118.50 level. A turn below here will turn focus to the 117.50 level and possibly lower towards the 117.00 level. On the upside, resistance resides at the 120.00 level. Further out, we envisage a possible move towards the 120.50 level. Further out, resistance resides at the 121.00 level with a turn above here aiming at the 121.50. Its daily RSI is bullish and pointing higher suggesting further upside pressure. On the whole, EURJPY retains its corrective upside pressure as it looks for more gain.
Long
by FXTechstrategy
TALLINK GRUPP (TAL1T) - A Possible 15% Growth PotentialHi, This idea post is meant more for my Estonian followers, if there are any, but if you are not from EST then don't be afraid to invest in the Estonian economy ;) AS Tallink Grupp is the leading European ferry operator, offering high-quality mini-cruise and passenger transport services in the Baltic Sea region as well as a leading provider of ro-ro cargo services on selected routes. The Group provides its services on a total of seven routes between Finland and Sweden, Estonia and Finland, Estonia and Sweden, and Latvia and Sweden under the brand names of “Tallink” and “Silja Line” and we are the market leader in all our main routes. The Group has a fleet of 14 vessels – this includes cruise ferries, high-speed ro-pax ferries and ro-ro cargo vessels. In addition, the Group operates three hotels in Tallinn and one in Riga. Technically, the price has started to approach pretty strong support level. The marked area has printed several yearly highs and yearly lows. Also, we have a solid seasonal tendency - from September to December or to end of the year, it has shown solid gains. Let's talk about technical criteria which make this marked green area strong enough to produce mid-term reversals: 1. The trendline since 2009. Waiting for a third touch which should act as a support level. 2. The middle number 0.900 should act as support. 3. Different Fibonacci retracement levels make the green area stronger 4. Monthly EMA100 5. Fibonacci Extension level is pointed to the green price zone. 6. The marked area is historically worked support and resistance level 7. 2011, 2012 & 2014 high 8. 2017 low 9. Seasonal tendency Technically a good entry area stays 0.85 - 0.91 The major mid-term target is around the round number 1.000 The information provided is not financial advice, it is a pure technical price zone and it doesn't include fundamental analysis. Always do your own research! Regards, Vaido
OMXTSE:TAL1TLong
by VaidoVeek
2
GBPUSD Resumes Its Corrective Recovery Strength GBPUSD resumes its corrective recovery strength with eyes on the 1.2459 level. Support lies at 1.2300 area with a break below that level turning attention to the 1.2250 level. Further down, support lies at the 1.2200 level where a violation will shift focus to the 1.2150 level. Below here will open the door towards the 1.2100 level. On the upside, resistance is located at the 1.2400 with a break above there allowing for morel strength to build up towards the 1.2459 level. Further out, resistance stands at the 1.2517 level followed by the 1.2558 level. On the whole, GBPUSD retains its upside pressure on further corrective recovery.
Long
by FXTechstrategy
GBPUSD Declines On Bear Pressure With Eyes On 1.2014 Zone GBPUSD declines on bear pressure with eyes on 1.2014 zone in the days ahead. Support lies at 1.2014/00 area with a break below that level turning attention to the 1.1950 level. Further down, support lies at the 1.1900 level where a violation will shift focus to the 1.1850 level. Below here will open the door towards the 1.1800 level. On the upside, resistance is located at the 1.2100 with a break above there allowing for morel strength to build up towards the 1.2150 level. Further out, resistance stands at the 1.2200 level followed by the 1.2250 level. On the whole, GBPUSD retains its downside pressure with eyes on 1.2014/00 area.
Short
by FXTechstrategy
$WTICOUSD $USO - Approaching Key Resistance LevelAfter bouncing off its Weekly Support Level of $52.422, WTICOUSD is making a run for its key resistance level of $57.14 (Red Diagonal Line). A "Break and a Close" above this level will help to provide confidence for the commodity among global investors. However, WTICOUSD continues to make lower highs within a downward trend. The next move at this level will be key for determining the next direction for WTICOUSD over the coming sessions.
OANDA:WTICOUSD
by EconomicsGlobal
1
$US10Y $US03MY $SPY $SPX $DIA $QQQ Inversion ContinuesAs investors continue to feel nervous about the health of the global economy, the $US10Y-$US03MY curve continues to invert, with the spread plunging below its Monthly Support Level of -0.457 (blue) to reach -0.502, a level that has not been seen since March 2007. Investors should continue to remain cautious when it comes to their asset allocation, as dark clouds continue to gather over the global economy and financial markets.
TVC:US10Y
by EconomicsGlobal