We had an descending tunnel in many TF, however was crossed, but right now is coming back to the tunnel what show us a big probability of cointinue the short strategy. Lets wait to see what will happen to the candle and if could cross the BB lower line
XAUUSD are in a consolidation area, and two tops. XAUUSD will be long, here because: - We have a triangle, and it was tested sometimes - The Building Permits was released and seems USD will be weaker - EMA and BB basis lines are almost crossing - MACD have another support, if you check others TF, and seems to be a strong one - Candles are closing above the...
Euro have a GDP above the forecast. And today the PPI of US was released and the price is following the inflation that was realeased yesterday. Today PPI (mom) show us a -0,4%. The prices are increasing in US and Euro seems to start recovering the usual currency price. We can see the MACD almost crossing 0, and we can see before the price was oversolding, and...
Inflation was released today. The inflation has decreased to 8,3%, however the price of goods are increasing and is higher than before, with 6,3%. Don't forget tomorrow we have PPIndex to be release tomorrow. About the chart: We can see the first resistance at Fibo 23,6%, and this show us a strong resistance for the next hours. We calso have a triangle that had...
This morning UK released very important data about employment and unemployment . Employment shows a 40k of employed poeple, lower than forecast (128k), however the unemployment change is lower 0,2% with change from 3,8% to 3,6%. BoE also want to tame the inflation. Euro have also a data released about economic sentiment and is pessimist, showing us a raise in the...
Double top already crossed 4h, strong visualization of a short position, and in daily TF the last resistance had already been tested. We can also see the BB lower line is opening and EMA seems to put away from basis BB line SL:0.86186, or you can use ATR to sum to the 0,86186 if you want to follow the range And not forget that construction PMI had been...
Daily candles above with a good distance from BB upper line and the candles show a strong bullish since the data release of inflation. The next resistance could be 0.86131. In 4H TF, 1H TF, we can also check the strongest candles are green (long strategy)
In this 1H TF analyse we can check 19541.85 support, and this one can also being watched in 4H TF. MACD is above the Signal in many TF and it seems to continue, and that shows a strong bullish for BTCUSD, we can also combine the MACD with EMA that is moving away more and further from the BB line, and the upper BB line it is opening up. The candle is crossing...
Possible retest at 1.17931 making a retracement (2) Strong short, since durable goods orders from USA were revised in 2,2%. We can also watch the shadow testing the lower BB line, and the volume increse from 25k to 27k, when the buyers show to being interest in buy GBP, the sellers show strong and the volume had been increasing
07am UK released the inflation numbers, resulting in 10,1% more than previous with an increase of 0,7%. We can watch the lastest resistance being crossed, but also in 1H TF. EMA is crossing the BB line in 1H and in 30M had already had crossed 1h30m later, after the announce
Head and Shoulders in 1H TF it's already crossed, such as the BB what means a big chance of bearish and tomorrow we'll have the UK Employment change and the Unemployment rate