-WEEKLY TIMEFRAME HAMMER CLOSURE -HAMMER AFTER 8 DAY BEARISH TREND\ -HELD AT DAILY PURPLE RESISTANCE AT 0.65150 -DAILY & H4 BREAK OUT OF BEARISH TREND -NO LONGER SITTING BELOW MOVING AVERAGES ON H4 DAILT TIMEFRAMES -FIB RETRACEMENTS WORK AS TARGET ZONES
analyzing from two perspective: time, angle and trend line, there should be still some time for the drop until it is time to safely buy hong kong stocks
under trade war, china is clearly going down instead of the us
China over USA? - TRADE WAR - Looking for shorts. Overall strong /Head and Shoulders/ on D chart. In 4H chart we can see strong down move from 26700 and reflection at 25250. Putting a Fibonacci Retracement on those levels we see that it already pass 0.38 looking for 0.50, possiable 0.618. Shorts from 0.50 and with same amount + 1/2 of the 0.50 volume at...
Multiyear relationship between the U.S. dollar's strength and the U.S. trade balance (the balance of payments)
The Pound against the Yen has been short for roughly around the beginning of November and puts pressure for the yen over the new year. From research, this pair may continue to go down, and here is why. Firstly, the Nikkei 225 has significantly dropped by 17.53% from the 2nd of October to the 28th of December. Reasoning behind this is due to other variables...
For the moment, gold is trading near $1,173 after placing a low of $1,160. It recently has formed a sort of a hammer candle pattern on the 2-hour chart. The hammered pattern followed by a strong bearish trend often causes a bullish reversal. That being said, can we expect a bullish reversal? I wish I could say yes, but gold is still bearish and the violation of...
UJ expected to fall towards a major inner weekly ascending trendline towards 106 price range, the trade war will drive the fundamental factors towards strengthening JPY. Long term Short
I hope everyone has had a great Monday. Skyworks Solutions -1.91% is a semi-conductor company that is traded on the NASDAQ. While I wouldn't normally bet against the semi-conductor industry, this, I believe is a quick short for easy gain. Trade war tensions have been high and will likely remain high until a deal is struck with China over what President Trump...
During the turbulence of the trade war USA against the world, we have seen a lot of fluctuations in the price of stocks and the representative Indices. The GER30 particularly has massive volatility and potential to destroy a lot on its path. Having said that, looking at the positive side, if these news stop just for a while investors will see the situation as...
The Nasdaq-100 is about to have another day in the red. Around 3 am eastern, Nasdaq 100 e-Mini Futures began diving, erasing the minor gains made in the previous session. The futures tend to take big swings during open sessions which IMO means that cable news networks are gonna throw that index ticker up for the day. The drop also comes 5 hours before opening...
GER30 falling 400 pips in two days over fears in actions against EU imports too, one that was made to reach 12450, turned to a disaster after Trump has signed the trade memorandum which may imposes $60Bln in tariffs on Chinese imports. 1. Statement from the Chinese Embassy in Washington Strongly opposes US President Trump’s tariff plan for Chinese...
I am waiting for a descending move into the previous level of consolidation signified by the green buy area. At that level I plan on buying the DXY and setting my take profit around the Orange 161.80% Fibonacci level. I will use trailing stops in conjunction with price action for the previous days high and low.