Hey traders, I think DJI has broken a very important support level, and we can enter short on the pullback today, although DJI futures are positive I think technical analysis is showing another move to 18650 which is 0.786 Fibo level of a big trend move. Keep in mind the FED and President Trump really do not want this to happen and they do what can be done to...
I think after the FED rate cut and US oil inventory increase, we expected price to rise. But KSA-Russia oil war is affecting price. I think between 28.46 and 27.83 is a very good technical area to enter long.
many crashed in these few years could not make this valuable share falls about 50%, But recent #COVID_19 which has flight bans from Europe to us, and more regions made Boeing lose 46% of its value. From a technical perspective, Boeing is on support level but there is a little chance it can support the price
it seems there is a cup pattern in WTI, Although there is head and shoulder too. Despite decrease in oil demand, patterns are showing us the way up. Also, #COVID is spreading which affects oil price, but we can enter after breaks.
WTI is back on the structure zone, so support can hold it and price bounces to the next level
WTI broke another support level and completing pullback, I think it can go down to 45
Gold is on good support and I think it will go up, it also is inside the second channel
Oil has broken a trendline and completing pullback, we can enter a short term sell
DXY is reaching a good resistance zone that previous time made DXY falls well, when it reached there we can enter short When reached 98.40 we can enter short for 97.90
Here is a good Demand Zone for Oil, If it holds the price then 55 will be 1st TP, But if the zone is broken oil has nothing on its way to 45!
Based on my strategy Which is pullback to previous high I've entered another long in GBPUSD
Oil has reached a strong Demand zone, we can enter trade for 58.90
USDJPY broke the resistance and now is completing pullback, we can enter when trendline breaks. our 1st target is 110.56, 2nd target is 111.98
Gas is inside a rectangle if it breaks up price can go to 2.2 but if breaks down price can go down as 1.8
If the price breaks the falling trendline, we can enter for 60.05
GBPUSD broke a Resistance level, now has completed Pullback and broke the trendline again made a pullback. we can enter at 1.3017