Marketanalysis
Audusd to go bullish this week?After having a bullish rally that lasted for half of september we retraced downwards all the way to 0.71 Fib level. I believe we will have yet another bullish rally this upcoming month. what i would like to see is momentum and a break above 0.6777 to confirm a new bullish trend
EURNZD short-term long set up.I expect price to make it to the 1.618 extension and would love to see it hit 2.00 Fibonacci extension.
BITCOIN shoot on the downsideAs probably many expected bitcoin has retraced into a very nice support level that suggests a possible buy.
From this level let's start watching for formations to the upside.
Here at LGE we are expecting the price to push well below the daily 200 MA before to start the next bull run.
note:
The picture is showing the weekly timeframe
GBPCHF price action analysisPrice is currently holding firm at support,I suspect there will be an attempt to breech the resistance trendline plotted,which if there is no double top will then result in the continuation of the sell off.
EurNzd reversal It appears we've reached a peak level on EurNzd that we failed to break on 2 previous attempts. currently have RSI divergence i project to fall at a minimum to the moving average projection (dotted white line)
GBPJPY set to trade lowerFor the upcoming week, I am anticipating a wave down towards the blue box projection of a path where the moving averages will fall.
SPY : The Days Of Our Lifes The chart is not made for anybody else to undestand, it is just expresessing my current ideas & thoughts.
Neutral to short, Unlikely to bounce higher and HOLD! for medium to long term, 0.002%
Like the river the mind mast always be on the move, otherwise it rots, attracts and creates bacteria and eventually becomes an infected lake, but dont you dare say that to him. Lol
Bitcoin (BTC) on the verge to break below $10kThe BTC/USD pair opened the new trading week with a volatile session during which we saw it moving in the $10,600-$10,200 range. It closed the day on Monday, September 9 at $10,297. On the next day we found it dropping even lower losing 2.4 percent of its value and closing at $10,070.
The $10,000 level was not quite stable during the past few weeks, still bulls were hoping to hold it for a longer period this time in order to consolidate and set the ground for further attacks of the mid-$10k and $11k levels.
The mid-week session on September 11 brought some stability as bitcoin erased some part of the loses from the previous session and climbed to $10,158.
If we fall below $10,000 I expect another test of $9,400. Given the fact we are already in September, returning to trading season I don't expect it to fall further down. The pessimistic scenario sees BTC at $9,100.
