And so, USDCHF rose above 0.9350, but failed to close above this mark. There are some signs of weakening bullish momentum. Given the moment, the pair may begin to consolidate and retreat a little.
A close above 0.9350 would target the March high (~ 0.9472). A drop below 0.92340 will ease the bullish pressure.
Today, a downward movement is expected within the...
And so, oil prices on Thursday showed an indecisive attitude, but ended the session with decent growth. Such dynamics most likely indicates the potential for small consolidation in the short term. The bullish sentiment for the instrument is maintained and a slight pullback to 76.15 is expected, from where it will be possible to try to buy.
Remember, there is no...
And so, the euro is trading around 1.1580, another updated low this week. In the short term, the instrument will undoubtedly retain its bearish priority. The pair is likely to grow, but this growth will take place within the correction, we are unlikely to see buy signals.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
1. GOLD and Silver bottoming out,
2. DXY Breaking out of a double bottom,
3. INDIA VIX breaking upwards from a rounding formation
Perfect troika for trend reversal?
#NIFTY #EMERGING MARKETS #NIFTY50 #INDEX #TREND ANALYSIS
It is assumed that the pound may continue to receive support amid the likelihood of a rate hike in 2022.
Some analysts believe that after last week's meeting of the monetary policy committee (MPC) may announce a small rate hike in February. This opinion gives hope to the bulls. However, we cannot exclude this fact and say that the pound will not meet many...
And so, the breakout field of the level of 1740 is gradually retreating. In turn, the level of 1723 provides support and does not allow the tool to collapse completely. At the moment, recovery is expected within the downtrend channel from the support line to the levels of 1740 and 1747. Potential growth will give optimism to buyers.
Remember, there is no place...
And so, at the end of yesterday, the Euro could not withstand the onslaught of the currently strong US dollar and dropped to the level of 1.16000. This fact is clearly not in favor of purchases, which can only be talked about when the price exceeds the level of 1.6665. At the moment, it is assumed that the price would be in the range from the level of 1.16665 and...
Despite the decline in the spot precious metals prices, the royalty and streaming company's latest update has kept investors keep to buy value.
Based on relative strength among all TSX and TSXV stocks over the past 30 days, VOX Royalty Corp ranks 11th in metals stocks, 19th in basic materials stocks, and 26th in companies outperforming the market.
money.tmx.com...
And so, we keep the previous course. The instrument is likely to further consolidate in the support area. A stop for sellers and their retreat will be the price approaching the resistance level of the downtrend channel, and thereby fixing the price above the level of 1747. In the future, this may lead to a promising counteroffensive of buyers.
Remember, there is...
And so, the currency came close to the support line of the downtrend channel. It is expected that the Pound would not give up just like that and an attempt will be made to recover, at least to the nearest resistance (1.36010).
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
The results of the elections in Germany did not bring any surprises, so the markets took them calmly, and the Euro began a new week with an increase. Overall, EURUSD has upside potential today, supported by the results of the elections in Germany and the general bullish sentiment in the markets.
Support at 1.17050 will serve as an excellent entry point for today....
And so, after a strong uptrend rally, the pair is likely to decline. It is unlikely that the price would reach the level of 110.695 (already well-formed support level).
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
1. Head and Shoulders pattern
2. MA's + PA show a bottoming pattern
3. China will devalue the Yuan (Remnimbi)
4. Dollar $DXY will go over 106
5. Gold $XAUUSD will go below $1,500 oz.
6. Silvere $XAGUSD will go below $15 oz.
And so, most likely today, the instrument will be in the sideways. The main support of 1740 is still somehow managing to contain the onslaught of sellers. Breaking through 1740 would have serious implications for buyers.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
And so, the coin is in the downstream channel, thereby locally having sell priority. Today, sellers are unlikely to be able to break through the level of 40.734. But everything goes to the point that it would be so in the near future.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
And so, the currency pair is trading near the annual low. The mood of the sellers remains. The best buyers can do right now is to consolidate above the 1.17000 level. Sellers, in turn, will put pressure on the level 1.16665.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Bearflag structure buty not a bearflag becuase no flagpole
comig up for 3x top? I think so.
ONLy 3x because of teh fat-finger wick from Friday
See RSI70 - outta gas on the 1h, 2h etc
BYe byre RSI
Expect a little stab north to overbuy and down she goes!
Of course I may be wrong so DYOR
