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Technical-analysis

Gbpusd technical analysis Monday 22OctGbpusd on last Wednesday has already broken the small support line (red break line) at 1.3146. This has led the market to fall towards the first support of 1.3013 If the market manages to break the first support line, it is likely to reach the second support line at 1.2929. If the market shifts to the north instead the analysis is void. The second resistance can be seen at the point 1.3222 after the break support line acts as the first hurdle in the 1.3146 line.
Short
by Cayen
EURUSD Nex Gen. Technical Breakdown – Bearish Momentum?EURO vs DOLLAR 1.18000 Resistance held firm and Euro fell badly in the final days of Last Week on and on Friday Dollar took massive strength and Euro plunged and closed above 1.16 level. Personally, Waiting for it to make new lower high because it has broken below the Daily Bullish Trendline and we could Sell it then to 1.154 Strong Support. Further will be looking for price action to make moves. if you find this analysis useful then comment below and let us know ;)
by QuickPipsForex
Alert: Dow Transports $IYT Stall And BreakdownThe Dow Transports (IYT) are catching the eye of pro trader today because of a significant break lower. The iShares Transportation ETF (IYT) broke below the daily 20 moving average on higher than average volume. In addition, the breakdown has taken the transports below the January 2018 pivot high. This move below is a major indicator of trouble for the overall market. Pro traders are keeping a close eye on the transports for the remainder of the day and discussing getting much more defensive. The transports are looked at as a major leading indicator for the domestic economy. A sharp drop in the transports will likely signal a coming drop in the stock market. AMEX:IYT Gareth Soloway
CBOE:IYT
by inthemoney
#SYS/BTC Looking like recent accumulation looking for some breakTrending upward still and above kumo support cloud, fisher crossing and starting bullish trend upward, CMF topside flip recent and accum/dist diverged, ADX above 25 with DMI bearish yet looking to cross soon. Quite overview TA looks like may be good for an entry with some buying of the dips! Buy: 0.00001600 area Sell Target 1: 0.00001700 Sell Target 2: 0.00001743 Sell Target 3: 0.00001819 Sell Target 4: 0.00001942 SL: 0.00001444 Duration: 1-4 weeks Risk: 6/10 | 8/10 Sincerely, Scott Cracking Crypto Technical Analysis Join our trading community on Discord! Follow me on Steemit! Follow me on Twitter! Follow us on Facebook! I'm not a financial adviser. The information here is for education purposes. Trading and investing are wonderful things to do, and it's OK to take advice and to learn. I'm glad you're here right now reading this, educating yourself. Don't take my word as the gospel, and be careful. All investment and trading opportunities carry risk, I'm sure you reading this have the potential in you to profit from a careful trading plan, and wise investment choices. Do it right, do your research, and don't trade stupid. Very best of luck to you!
Long
by CrackingCryptocurrency
Technical + Fundamental Analysis on GBP/USD Current technical analysis on GBP/USD shows a resistance @1.34428 and current resistance @1.34428 using the Parabolic SAR + Average Directional Movement Index strategy; it shows the DI- line intertwining with the current ADX line as the DI- line is hovering way above the DI+ line. Candlestick pattern 'Three Black Crows' has confirmed this current strong downtrend , which validates and confirms a sell opportunity. As well as the Parabolic SAR indicator, the previous 11 days were bearish indicators which show a strong bearish trend. Current fundamental analysis on GBP/USD shows U.K Current Average Earning Index measurements, Average earning index measures the % change in price of labour for the government & businesses. Higher than expected % rate shows bullish sentiment where lower than expected % rate shows bearish sentiment. This month's current result was lower than expected with a result of 2.4% where forecasted results were 2.5% t which further validates GBP/USD's bearish sentiment.
Short
by forexwithfred