Pashabxl

Pashabxl

All the important indicator are showing that we are on the eve of a reversal trend.The only question is for how long? And of course without taking into account the annoucement expected by ECB PResident Mario Draghi about the futur of the European Economy and the concrete mesure ECB will take in the future, i.e LTRO and ABS, lowering interest rate or not etc.

Pashabxl

Gold is an important and a volatile commodities. Looking to the past figures, one can think that it can be an ideal level to enter the market. Although those who are trading Gold should be very carefull. On the one hand, the market is waiting for clear political signals, i.e ECB meeting on June4th, the future of Ukraine, EURUSD trend, FED behaviour for the next...

Pashabxl

When we do add DOWI and VIX charts one on the other, we can clearly see the correlation between the two indexes. When the market is too BULL, VIX is at a very low level. VIX level is too low, and shows an overconfidence of the market. Immediatly a correction, that can be severe in deed is following. Putting a side the technical indicators, we may be able to...

Pashabxl

The Technical indicater such as MACD, Stoch and RSI are loosing momentum. We had a double bottom, but now, it appears that we are on the eve of a double top. If this is confirmed, then, we may see a move with first stall point at resistance 9750 and around, then a move downward to 9490 and 9100 may be 89XX. Just an idea and a scenario we should think about.

Pashabxl

EURUSD is a very mechanical pair, reacting to macroeconomic situation and sharp on political statement. Baring in mind the situation of indicators and the picture, we may be on the eve of a formation of a double bottom. Political situation in Europe, recent statements of ECB President Draghi , statements that had an effect on the market but on a long run, no one...

Pashabxl

The long term chart shows an clear inverted Head and Shoulder. If that is the case, then, we may go on an all time high above 97XX....

Pashabxl

On a 4H basis, it appears that there is a long opportunity to take on the GBPJPY pair. Many datas are supporting the idea and the study. At a technical level, we are on an oversold situation as far as RSI is concerned. On the Fibo retracement, we can clearly see that we are at a solid supporting level. MACD is also confirming the oversold situation. After the...

Pashabxl

RSI, MACD show that there isn't anymore a great energy to continue to pull up DOW toward higher and grater records. Baring in mind the schedule of the tapering, the end of QE and the high unemployment rate in the US which may have a mechanical effect on DOWI, I thing that we may be at the beginning of the end and on the edge of a reversal trend.

Pashabxl

The Chart clearly shows a double top pattern.... If we observe the RSI, it appears the there is a possibility that the bull trend can reverse and we may be on the eve of that reversal.

Pashabxl

The end of FEd's QE is forseen in october 2014.... And if you look at the trendline of the RSI, PPO and the MACD, you will see that there is no coincidence...... And the trend of DOWI is very clear...

Pashabxl

Eur is still strong against the US D but it should brake down bellow 1.3780 until 1.3660 or 1.3580 before a last hit until 1.4050-1.41. And then, with the Tappering on the one hand and the increase of the interest rate by the FED, USD will be much stronger against EUR. ECB said that above 1.42 European Central Bank would intervene baring in mind that above 1.43 ...

Pashabxl

This Graph is showing the situation and the trend of Gold. To that end, Gold can move up until Fibo retracement 1.382% 1421 max, but I do not think that we would go that high but rather around 1330.. To go down until either 1180 or 1060 or even worth.... And then the trend is up for the next two years to 2100 and above.....

Pashabxl

Gold should consolidate at around 1180 or 1060 before growing up again. Baring in mind the end of the tapering, the growing inflation risk in US and the growing deflation risk in Europe, Gold will become again a commodity of safe heaven for those invertors who wants to secure their investment and diversify it. Silver will follow the same course...

Pashabxl

When we look at the RSI value on 15 Agust 2011 and now, we can see clearly the downtrend. In addition to that, we can observe de MACD value as well as the fibonacci retracement for the period....

Pashabxl

The dance of the two charts, SP500 and CADJPY pair are impressive. This can mean that One can be use as a leverage of the other..... Think about it