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$10 Move tmw on $TSLA. Bottom of channel at sup w/$400 PT ReitTesla has been in a strong downtrend down 30% this year. Short Interest is near an all time high. Showing bottoming candles and is at the bottom of the channel near a strong support. RSI is curled up and several bullish divergences on the indicators. Baird Analyst Ben Kallo Reiterated his $400 price target on Tesla's Acquisition on Maxwell Technologies that closed today. Technology acquired will drastically improve battery technology, cost, range, etc. and make it difficult for any company to catch them in the EV race. a 20% savings on a $5,000 battery is $1,000 per car. At 400- 500 Thousand cars a year that is a savings of $400-500M per year!
NASDAQ:TSLALong
by BrandonOsborne
7
Gold Bulls Await A Sustained Move Beyond $1288/1295 supply zone Fundamental View : =================== 1. The precious metal lacked any firm directional bias on Tuesday, albeit continued showing some resilience below 200-hour SMA amid the prevailing risk-off environment. 2. Oscillators on hourly charts have been gaining positive traction and also recovered from the negative territory on the daily chart, supporting prospects for additional gains. 3. However, traders are more likely to wait for a sustained move beyond the $1287-88 supply zone before positioning for a move towards the key $1300 psychological mark. 4. Meanwhile, a decisive break below the mentioned support, around the $1280 region, might negate the constructive set-up and trigger some aggressive technical selling. China increased its gold holdings for the fifth consecutive month in April, the People's Bank of China said on Tuesday, according to Xinhua News Agency. Gold reserves rose by 480,000 ounces month on month to 61.1 million ounces in April. Despite the uptick, gold reserves still make up a small percentage of China's massive reserves of more than three trillion US Dollars. The yellow metal is currently trading at $1,287 per Oz, the highest level since May 1. And other side May 9th USD Important news is PPI and Fed Chair Powell Speaks . So dollar can be a bit stronger. 1300 is strong resistance area in Gold So Gold can be dropped by this level test. The bullion is yet to cross $1288/90 resistance area comprising 38.2% Fibonacci retracement of March – April drop and highs marked since mid-April. Meanwhile, an upside clearance of $1290 can trigger the prices increase to $1300 with $1297 being an intermediate halt. Also, 61.8% Fibonacci retracement near $1302 and April month top near $1311 could become buyers’ favorites beyond $1300. Technical View: ============== Daily SMA100 1294.3 Daily SMA200 1253.94 Previous Weekly High 1288 Previous Weekly Low 1266.35 Previous Monthly High 1310.7 Previous Monthly Low 1265.6 Daily Fibonacci 38.2% 1280.44 Daily Fibonacci 61.8% 1282.51
FOREXCOM:XAUUSDShort
by Saleh11
NZDUSD Technical Analysis: Testing Key Support in RBNZ News Technical View : ============== Key Support & Resistance Zones R: 0.6920 – 0.6970 S: 0.6680 – 0.6730 NZDUSD Breakout and stable 0.6670 level then touch 0.6720 level and more because Wednesday coming big news in NZD like : Official Cash Rate/ RBNZ Monetary Policy Statement/ RBNZ Rate Statement / RBNZ Press Conference etc. Very important news for NZD. NZD moving depend on this news . GBPNZD / EURNZD big move on this news minimum 150/250 pips moving. so carefully trade this time . NEWS: ===== The Reserve Bank of New Zealand’s (RBNZ) survey concerning second quarter 2019 inflation expectations showed the price pressure to remain mostly unaffected at 2.01% versus the previous post of 2.02%. A monetary policy meeting by the Reserve Bank of Australia (RBA) could gain the immediate attention of the Kiwi traders as Australia is the largest customer of New Zealand. Also, it is expected that RBA’s rate-cut could be followed by the RBNZ’s rate change. Kiwi gave little reaction to inflation expectations amid trade news. RBNZ grabs the spotlight with GDT price index being an intermediate data to follow.
Short
by Saleh11
1
AUDUSD: ABCD Pattern, RBA RateThe RBA will release its rate statement in less than an hour. The fresh new threat of the US-China trade war is very likely to be reflected in the statement which is most likely to be bad for its currency. The aussie has plunged since the market opened this week. While the price has retraced significantly, the gap has yet to be covered. Therefore, if the price decides to cover the gap before the aussie continues to fall, an ABCD pattern will be completed at 0.7020 during/after the rate statement. Should the gap be left opened, the price may attempt to break new low but unlikely to have a lasting effect.
Short
by AlgoVenture
Ethereum ETH/USD market overview Ethereum ETH/USD Strong resistance in 190 level this the best opportunity for Short Sell 190 Area take profit 160 and 130 area. On the upside breakout and stable 190 level then buy this position, target 225 and 250 level. Another side of ETH/USD touch 130/25 level buy this position target 180 and 220 level . A sustainable move higher will take the price towards April,18 high at $176.60 and to $180.00. Ethereum is trading above the 200 EMA which is offering support at $171.17.
KRAKEN:ETHUSDShort
by Saleh11
USDCAD Weekly Technical Outlook Pullback #USDCAD pullback to 1.3370 as WTI breaks $65.00 Rally in Canada’s main export item triggered the pair’s pullback. Data from the US and oil market developments will entertain Loonie traders. A 100-day simple moving average (SMA) at 1.3330 seems nearby important support ahead of dragging the quote 1.3300 and March 19 lows near 1.3250. Alternatively, the successful break of 1.3400 can question the strength of a downward sloping trend-line stretched since early-March, at 1.3435 now, a break of which may push buyers to 1.3500. Another way USDCAD Resistance is 1.3480 level and 1.3600 level USDCAD touch 1.3600 Area Sell position is best because Oil Price has been Up for a long time, so can OIL correction from 65$ Area. and short sell level 1.3480 level . NEWS: ====== The Prime Minister said that the US President Trump’s talks with militia leader Khalifa Haftar last could escalate the civil unrest that could boost oil prices. He urged political dialogue without the rogue general, WSJ reported. Trump spoke last week with Haftar, who launched an offensive earlier this month to seize the Libyan capital of Tripoli.
Long
by Saleh11
Nokia potentially oversold on the alcatel lucent newsFundamentals: Nokia took a big hit after stating that they are starting an internal investigation on alcatel lucent which they have bought. Investors reacted pretty hard to this and the stock was diving more that -8% during that day. It of course could be that there will be some negative facts to be found and in the worst case even some fines to be had. So there is of course a risk associated with longing the stock at this point. However, let's consider this from a different perspective. The company decided willingly to start investigation and they contacted officials by themselves and they do not expect any concrete consequences on the company itself based on the investigation results. Of course this is their own statement and view on the matter and they would ideally always want to make it look like a minor thing even if it weren't. However, considering the other possibility that there won't be anything significant to be found on the investigations and there won't be any fines. The stock has dived more that -5% based on these news and the fear of the potential results. If nothing will be found this would suggest the stock was significantly oversold and should be looking to recover. Techical side: The technical side is quite simplistic. RSI9 shows that the stock is on the edge of being oversold and looking at the previous behavior the level 30 has often provided support and the price has bounced up. Sometimes of course this has been violated and can be the case here as well. However just considering the option that after the stock has been up and being valuated at the previous levels 5.25 - 5.6 after Q4 report it would be quite hard to believe the proper value would be below 5€ which is of course a very important support level. Considering the both sides on this price crash I would suggest that Nokia is currently oversold and will be recovering when the investigations continue and if they show no concrete results suggesting significant fines to be had. I'd be looking to long Nokia now or at the fibonacci support at 5.065 which has been already tested briefly once. Stop loss should be placed below 5.065 support or 5.00 depending on your risk tolerance and personal view on how confident you are on these news. Lastly considering the option that the investigations bring up skeletons in the closet and significant fines are had then the stop loss is still quite small and the potential reward in my opinion clearly out weights the risk.
OMXHEX:NOKIALong
by etsubu
1
News background & trading ideas for 14/03/2019The international currency market` attention has been captured by Brexit and the pound, again. British lawmakers rejected a no-deal Brexit (voted by 312 to 308 to reject leaving the EU without a withdrawal agreement). Consequently, there will be a vote on delaying Brexit. It is about lack of time for completing new agreement and holding another Brexit vote ( the UK is due to leave on March 29). So, it has to be delayed. They are likely to vote "for" it (it`s the only move they have.), although that should be agreed by the EU. So, the risk factor for the pound is present. Nevertheless, the most likely scenario for the development of Brexit that it will be transferred and start the entire process all over again. Although the topic of Brexit is already pretty fed up nevertheless, this is an opportunity for further trading on the pound spikes. Recall, our position since September is to buy pounds on declines. Another our long-time position is selling the Russian ruble. Therefore, we follow the news background and share the most interesting and significant news related to it. The other day, Bloomberg published an interesting study. According to Bloomberg Economics` Russian assets ($750 billion) moved abroad over the past 25 years. This is half the annual RFR budget of the Russian Federation or 3 (three) annual (!) Russian budgets. This fact is the best way to explain why we so persistently recommend selling the Russian ruble on the foreign exchange market. Yesterday`s events. The US Economic data came out pretty mixed. Demand for durable goods have increased. Industrial inflation was slightly worse than expected. In general, we treat yesterday`s data as rather weak and continue to adhere to the idea of selling the dollar in the foreign exchange market. The data on industrial production in the Eurozone pleasantly surprised (+ 1.4% m / m -1.1% y / y, when forecast was + 1.0% m / m -2.1% y / y). Taking into account the fact that the EURUSD pair has surely fixed above the 1.1300, today we recommend its selling. Lastly, with regard to macroeconomic statistics, Thursday promises to be a relatively calm day, so our other positions have not changed: We buy oil and gold on the intraday basis. We sell USDCAD, but we buy USDJPY.
BITFINEX:BTCUSDLong
by Trade24Fx
The Week's Major EventsThe week starts light, with a bank holiday in the US, but builds up rhythm as Japan releases its trade balance data on Tuesday, while the FOMC minutes are the event of the week on Wednesday. Thursday is a big day for US data, with many releases scheduled, while, on Friday, Japanese inflation and Canadian Retail Sales are out. Monday - 18 February 2019 US President's Day (Full Day) – No stock trading session in the US on account of the President's Day. Tuesday - 19 February 2019 RBA Minutes (AUD, GMT 00:30) – The RBA minutes will provide more insight on the views the Australian Central Bank has about the economy. Average Earnings and Unemployment (GBP, GMT 09:30) – Earnings are expected to have grown by 3.4% in the last quarter of 2018, while the ILO Unemployment Rate for the 3 months to December is expected to have declined to 3.9%. Trade Balance (JPY, GMT 23:50) - Japanese imports are expected to have increased by 3.7% y/y in January, compared to 1.9% in December, in expectation of higher domestic consumption. Exports are expected to have declined by 1.9% y/y in January. Overall, the trade balance is expected to have improved in January. Wednesday – 20 February 2019 Wage Price Index (AUD, GMT 00:30) – Australian wages are expected to have increased by 0.6% q/q in the final quarter of 2018, at the same level as in 2018Q3. FOMC Minutes (USD, GMT 19:00) – FOMC minutes, detailing the view of each of the Fed Governors and FOMC Members shed light on their perspectives over the future of the US economy. Thursday - 21 February 2019 Employment Data (AUD, GMT 01:30) - Employment is expected to have increased by 15K in Australia in January, compared to 21.6K in December. The unemployment rate is expected to have remained at 5%. All Industry Activity Index (JPY, GMT 04:30) – Japanese industry activity is expected to have grown by 0.5%, compared to a 0.3% contraction last month, indicating that the Japanese economy is slowly increasing consumption. EU PMIs (EUR, GMT 09:00) - Both manufacturing and services February PMIs are expected to have remained at the same levels as in January. Durable Goods and Philly Fed (USD, GMT 13:30) - Durable Goods release has been delayed by the US government shutdown and are expected to have increased by 0.2% m/m in December. Philly Fed Index is expected to remain on positive grounds, albeit decreasing to 14 compared to 17 in January. US PMIs (USD, 14:45) - The Manufacturing PMI is expected to have declined to 54.7 in February, compared to 54.9 in January, while the Services PMI is expected to have remained unchanged at 54.2 Existing Home Sales (USD, GMT 15:00) - Home sales have regained their status as an important indicator after the financial crisis and can have a strong effect on the markets. The release is expected to record 5.05M compared to 4.99M in December. Friday - 22 February 2019 National CPI Index (JPY, GMT 01:30) - The Japanese price index is expected to have increased to 0.8% on a y/y basis, compared to 0.7% on December. CPI Inflation (EUR, GMT 10:00) - Core CPI inflation is expected to have grown by 1.1% y/y in January, the same level as December. CPI inflation is also expected to have increased by 1.4% y/y, the same growth rate as December. Retail Sales (CAD, GMT 13:30) - Canadian sales are expected to have decreased by 0.2% m/m in December, compared to 0.9% m/m in November. *Delayed data from the US Government shutdown is tentatively scheduled for next week. Come join us today at HotForex Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
by HotForex
DLT/BTC 15% Profit Unfortunately,Two days ago they have hacked my Gmail account And they managed withdraw all currencies in the binance account Now I have nothing I am publishing to you all the analyzes I am doing and it is a success by 80% I need your support now. Anyone who donates to me can ask me to analyze any currency they want and at any time they want I also have a program that detects the pump before it happens Now I do not have anything to trade with. Please help me.
DLong
by WhalesTrader