When the price stagnates and then breaks a lateral trend...It's been a while since I published an analysis with a 1h timeframe. Well, the price of btc created a lateral trend (from 30 sessions upwards), establishing two levels in which it moved for a week, then the breaking of one of the levels brought a resumption of the rise and an increase in directionality associated with volatility, with a break visible to all. In this case the upper level being the rectangle is a purely continuation figure, it acted as a cap for a while, now a scenario where the price goes to test the resistance area between 46k and 49k usd, becomes more likely the one to follow before determining whether the correction is finished. It has already given a sign of this by making a high breaking this lateral trend, because it also exceeded the previous movement which lasted 12 days in terms of time.
Lateral
EURUSD en rangoHola! A la espera de alguna vela que rompa con el rango para ponerle un poco de acción.
Es mi primer análisis, y lamento que sea muy pobre. Espero mejorar con el tiempo y poder brindar mejores análisis. Quizás me encuentro en algún error, pero todas las críticas constructivas son bien recibidas. Que tengan un excelente Jueves :D
LTC/USD - long and sell zone
On a daytime timeframe the $44-45 zone looks attractive for sales.
Indicators are set to decline.
On the 4-hour timeframe, you can try the long.
In order to turn over to the seller in the zone 44$ - 45$.
Indicators allow for growth.
Your best "❤️thank you" is like and comment
Cday: Support AreaAfter the broken of laterality trend, now Cday pullbak until the top area of the laterality, good chance to buy.
Fundamentals are not the best, but they are ok.
SL under the level of 50, (49.40)
Tp1 58.7
Tp2 64.7
The price of usd/jpy is not able to break upThe price of usd/jpy is not able to break up the static resistance. This because of the macro scenario we can find around the us economy. We can find the minor one around 111.90. From here it is channeled again into a very short/short-term downtrend. That should bring it back to test the dynamic support area. As this movement is one of the most common in this technical scenario. That level coincides with the EMA 200 weekly and passing periods for the approximately 109.90.
Moreover, following the macroeconomic scenario that is taking shape on the US dollar, it is very likely that this trend ends on the static support. In this situation we need to be ready to open a new order as a big opportunity, we can identified this level on the 61.8% of the Fibonacci retracement at an altitude of 109.3. In fact, with the FOMC minutes which were published yesterday and the monetary policy that will be declared at the next meeting of the FED this will certainly remain unchanged. This policy could not even modified to make it more expansive (favoring the pressures of Trump and the markets).
Analysts expect a slight short-term devaluation by the US dollar against other majors. In the medium term, is expected a lot of laterality on the major pairs. The USD against the Yen should remain within this lateral channel. This is formed by the support area set at 109.3 and the resistance set at 112.4. Unless there are sudden changes in the scenario, this is what is expected on USDJPY until the end of the first half of 2019.
LONG NZDUSDPros
Above a resistance level.
Resistance level tested 4th times.
Divergences on DXY.
Divergences on h4 timeframe.
Cons
Strong dollar.
The strong of the last bearish impusle.
Stratregy
Buy a half at a market price, and the other half when the HCH is complete.
I prefer to put the take profit at the pivot point 0.7170-0.72(correction of 38.2%) instead of the top of the channel.
28/04/2017 S&P500 AnalysisA red candle greater than that observed in previous days, the price is not able to make yet another attempt to break the resistance, a MACD that begins to show weakening. They are signals that can indicate a beginning of laterality in the price or even beginnings of a return towards the marked support.
JMIN y la larga espera!Me siguen preguntando por JMIN y la respuesta es la misma, esto sigue lateralizando con pequeña tendencia bajista, sin momentum, sin intención y lo mas importante sin volumen. Vamos a tene runa señal clara cuando esto despegue y vaya a hacer nuevos máximos. Por ahora paciencia!
UJ trading sideways on resistance Since the day that the feds raised the rates, it appears that UJ topped out at a resistance zone of 118.5 | It has gone back to a sideways lateral movement in similar fashion to pre-American interest rate hike, While UJ has maintained a bullish long stance over the last months, it appears that for now it will stay lateral and is prone to spiking up or dropping short on news.. s3.amazonaws.com
MACRO VIEW: USDRUB UPDATE: THE RANGE NARROWSUSDRUB continues to trade within borders we defined in our last update, however the range has narrowed. (see related idea)
As volatility compresses, and the price is trading between upper 1st standard deviation from 1-year mean and lower 1st standard deviation from quarterly mean, there current range now is 62-66.5
USDRUB is very correlated to WTI Oil, which is also now range-bound, so it is very likely that the Ruble will break away from its range when WTI Oil makes the first move
MACRO VIEW: XLF AT MACRO UNCERTAINTY, STILL RECOVERING FROM 2008Financial SPDR ETF is still recovering from 2008 losses and did not make it back in terms of prices.
On long term basis - XLF has only recently crossed back the 10-year mean upwards (now at 21.50) and have been in 5-year uptrend until the recent August selloff. Currently it is trading within 1st standard deviation from 5-year mean, showing no macro trend.
On short term basis - XLF is also showing no trend, as the price is trading within 1st standard deviations from 1-year and quarterly means.
In summary, the 5-year uptrend will resume only after price will cross back 24 (5-year uptrend border). Until then, trend is lateral.
MACRO VIEW: USDRUB UPDATE: INTO THE LATERAL RANGEUSDRUB has finally managed to end its upward trend, started the begining of June 2015
The price level has shifted - before uptrend USDRUB was trading about 55, now it is trading north of 60.
The end of the uptrend was marked by the price falling below quarterly mean and within 1st standard deviation from 1-year mean.
Thus currently the pair is range-bound, with the range borders are as marked on the chart. For further developments one should closely monitor WTI Oil (related idea), as the Ruble is closely correlated to it.