So far gold as held up within a trading range and now has rallied into NEWS of WAR it is also tracking FXC at 90% . This if correct is gold and silver last grasp of hope in what looks to be WAVE C OF E
Today we have a long set up to share: a) The price is inside an ascending channel (purple line) and has been bouncing inside that range since APRIL. b) Currently, we can see a corrective structure that has been formed after a bounce on the ascending channel. c) If we zoom in on the chart, we can see a clear range (support and resistance) in which the...
About Flexacoin Flexacoin describes itself as a digital collateral token for facilitating instant cryptocurrency payments, originally developed to collateralize retail payments on the Flexa network. Flexacoin is designed to mitigate the friction between customers paying with crypto and merchants accepting fiat. Users scan a QR code at the point of sale, and the...
FXC has been in a uptrend since March, making consistent higher lows. This uptrend can be used as a support, similar to other uptrend supports in REN and LINK. 26 sats has been a key support, if the price goes lower than this, the uptrend will be invalidated. 36/37 is a recent resistance flipped to support, let’s see if it can hold. Targets are 46 then ...
FCX’s innovation outlook is trending up based on a current score of 64 out of 99, outperforming sector average. Jobs growth over the past year has decreased and insiders sentiment is positive. FCX is an Average Performer in terms of sustainability. It is most exposed to BP p.l.c. as its supplier. Over the past 4 quarters FCX beat earnings estimates 2 times and it...
Ran monthly model on CADUSD per request from follower to see if momentum model could time currencies. brschultz
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart! Have a great day everyone!
Big picture the Canadian dollar can see continued strength over the next couple of months. With an elevated crude oil price which directly impacts the currency through exports (54% of exports are petroleum related) we can see 1.16 before we turn higher.
There is clear and present danger in the Canadian real estate market with Toronto house prices & sales down double digits on a year over year basis. The real estate market on the West Coast has been largely unaffected to date but I suspect its a matter of when as opposed to "if". The point is, when the market drops enough the CB in Canada will have to put the fire...
A clear reversal happened the end of 2015 with the dollar, bringing to an end the long term up trend. After a move up this high (2013 .99 - 2016 above 1.45 a natural retracement or consolidating is expected. I see both as an opportunity to take a long term (2 year) position in this buy buying puts on FXC two years out. Technically on the monthly chart there is a...
-SIGNAL- Date : 20.3.2016 Technical : Double Bottom Reversal Pair : USDCHF Timeframe : H4 Trade : LONG Entry now : 0.96917 Take profit 1 : 0.98539 (170 pips) Take profit 2 : 1.0000 (310 pips) Take profit 3 : OPEN Stop loss : 0.96379 (50 pips) Risk reward : 1:3 Regards, FxcInvesting Team www.fxcinvesting.com
You can see the clear levels as prices dropped and are now rising towards the sell zone. I'm long at this bottom edge of consolidation and will exit at the red line, then reverse and short it.