USDJPY holding gains... but for how long?USDJPY has retraced off the multi-year low.
Some downside potential could continue to prevail in the market.
DAY TRADING INDICATOR HOLDING THE SIGNAL FOR THIS SESSION SHORT.
Tradingindicator
EURUSD hitting highsEURUSD retraced in asia session & continues to benefit from the dollar slump.
The retrace in asia seems like a break before pushing for further gains.
DAY TRADING INDICATOR HOLDING THE SIGNAL LONG
NZDUSD struggling to hit 0.63The New Zealand Dollar has slumped to touch the lowest level in almost eleven years against its USD.
VENUS LIVE LEVELS INDICATOR SIGNALLING MORE SHORT
NATGAS Can the Saudi's Shale Plan stop the Bears?Natural gas prices slumping nearly 40% over the past year and is showing a retracement in the Asia session.
Saudi Aramco has announced that it will be pumping $110 billion over the next couple of years to develop the Jafurah gas field, which is estimated to hold 200 trillion cubic feet of gas.
The state-owned company hopes to start natural gas production from Jafurah in 2024 and reach 2.2 Bcf/d of sales gas by 2036 with an associated 425 million cubic feet per day of ethane. The field will produce some 550,000 barrels per day of gas liquids and condensates, around 50% more than current output of just over 1 million bpd. For perspective, Aramco produced 8.9 Bcf/d of natural gas and 1 Bcf/d of ethane in 2018.
PIVOT INDICATOR STILL SIGNALLING MORE SHORT TO COME YET.
USDJPY Awaiting more impact from ChinaThe downside in USD/JPY is gathering pace with markets pricing Fed rate cut in March amid coronavirus-led risk aversion.
PIVOT INDICATOR STILL SIGNALING MORE SHORT TO COME.
SPX quick correction continuation 3000The index suffered an 11% drop over five days.
Eyeing 3000 resistance for further short confirmation.
C WAVE (DAILY) SIGNALLING MORE SHORT SO FAR.
EOS falling, falling through supportMoves lower are being fueled by the EOS Decentralization Debate.
Support was broken at 3.4 & again at 3.38.
C WAVE INDICATOR SIGNALLING FURTHER LOWS TO COME.
LINK has a new DeFi-centric token investment strategySet Protocol, a DeFi-native investment platform, has added a new token set that rebalances between Chainlink’s LINK token and stablecoin USDC .
The efficacy of the strategy is dependent on ChainLink’s very own oracles.
The token has appreciated by approximately 130% since December 2019 & LINK strategy is signalling more long.
EUR/USD is surging to three-week highs EUR/USD may trade better bid on dovish Fed expectations.
DAY TRADE LONG ON OVER BOUGHT OVER SOLD INDICATOR UNTIL WEEKLY CLOSE
Maid off the lowsMaid saw a move higher in the previous session.
ATR INDICATOR HOLDING THE SIGNAL LONG
Ripple RisksRipple is developing a feature that could allow users to mint asset-backed tokens directly on top of XRP Ledger.
Not even good news seems to be able to hold off the bears.
ATR INDICATOR SIGNALLING SHORT
Litecoin down 10% on FridayLITECOIN on Friday was down 10.09% on the day.
The move downwards pushed Litecoin's market cap down to $3.793B
ATR INDICATOR HOLDING THE TREND SHORT
IOTA’s mainnet is “not operational”The IOTA network has been down for approximately 11 days and the IOTA Foundation doesn’t expect the mainnet to be reactivated until March 2.
ATR ALERT HOLDING THE TREND SHORT FOR NOW
AUDUSD RECOVERS MODESTLY IN AISA SESSIONAwaiting the formation of another bearish candle after trading near the expected daily high
RANGE BOX SHOWING THE CURRENT DAILY HIGH LEVELS FOR THE CURRENT SESSION
KONA ALERT STILL HOLDING THE TREND SHORT
Japanese Yen Still StrugglingCoronavirus still cancelling any longs on USDJPY
VENUS LIVE LEVELS INDICATOR EXPECTING TO HOLD RESISTANCE AT 110.47
RUSSELL STILL SUFFERING CORONAVIRUSAsia session saw a small long retrace
VENUSLIVE LEVELS INDICATOR STILL HOLDING THE TREND SHORT
USD/JPY remains on the back foot after Friday's top U-turnModest Sell off from the Cloud strategy signal with more weakness showing.
AUDUSD POTENTIAL DOWNSIDE TOWARDS 0.6AUDUSD jumped a little but could not reach the next target in the bull retrace.
PIVOT ALERT holding short
WTI EXPECTING SHARPLY LOWERWTI is fading the earlier advance to the $51.78 region.
PIVOT ALERT holding the trend short for now.
GOLD TAKING A BREATH AFTER BULL RUNGold soared as much as 2.8 per cent to its highest level in seven years.
PIVOT ALERT showing retrace and possible further consolidation of price.
THE RUSSELL EXPOSEDSmall caps stocks may be continuing their rough down spell.
PIVOT ALERT holding short for now.
GOLD Fear and wealth: the haven of last resortJ.P. Morgan yesterday published a piece of research titled Fear and wealth: gold: the haven of last resort.
PIVOT INDICATOR HOLDING A LONG REVERSAL SIGNAL, NEEDS TO HOLD THE LEVEL TO TREND LONG
Bitcoin ShakedownThe cryptocurrency markets have been shaken amid a flurry of selling that saw more than $190 million worth of longs and shorts liquidated
DAILY PIVOT INDICATOR HOLDING THE TREND SHORT
VENUS LIVE LEVELS INDICATOR SIGNALLING LIVE SHORT
RANGE BOX SHOWING PRICE AT THE DAILY HIGH
