Support and resistance Despite leaving the downward trend, the growth of the couple may appear as a temporary reinforcement. The EUR pair can hardly show strong growth even further: the eurozone's economic problems are not solved, stimulus measures do not work, so the EU economy would not be quickly restore. The decline of the USD is possibly due to the change of...
Support and resistance Despite the consolidation of the downward trend, it is expected that additional USD growth and renewal of local highs in the long run. The pair has reached the lower edge of the channel downwards, which may reflect the inversion and the formation of the wave upward to the level of 115.50. The couple can reach the upper border of the...
Current trend The EUR / USD pair has been growing for three consecutive weeks because of the weak dollar. The increase in the volume of industrial production in the euro area, as well as a higher Sentix confidence index, had a positive impact on the euro. However, the main catalyst for the pair's growth remains the USD weakness - the market was disappointed with...
Opinion: Sell the correction pair below the level of 116.78 with the target at 111.58 It is logical to expect the pair to continue to the level of 111.58. Critical to this scenario is the level of 116.78.
In 2016 shares of The Home Depot rose only 1.38%, while the Dow rose 13.41%. The company showed one of the worst growth results among the "blue chips". Due to the market expectations of growth of housing assets in the United States in 2017-2018 the company expects to exceed revenues of $ 100 billion in 2018. Next month, the company will report in the fourth...
Buy the shares of the correction above the level of 154.77, with the target at 165.50. The upward thrust within the third highest wave 3 is forming. Locally the fourth correction wave of the lower level (iv) is over and the fifth wave (v) is under development. If the assumption is correct, the price will grow to the level of 165.50. The 154.77 level is critical...
Buy the shares of the correction above the level of 74.60 with the target at 80.00
Comprar las acciones de la corrección por encima del nivel de 74.60 con el objetivo en 80.00
Gold is strongly growing, peaking at its highest in the last two months due to uncertainty in the US. Headed by the political course Donald Trump. On Wednesday at his press conference, "the leader of the free world" could not comment on key financial issues, which have bothered traders. Given the risks, investors see gold as a more reliable asset. US retail data...
Let's look at the four-hour chart. Tenkan-sen line is above Kijun-sen, the red line is directed downwards, while the blue line remains horizontal. Confirmatory line Chikou Span is crossing the price chart from above, current cloudiness is ascending. The instrument is operating above the Tenkan-sen and Kijun-sen lines; The uptrend remains strong. It is recommended...
Opinion: Sell the correction pair below the 1.3294 level with the target at 1.2809. Alternative: Breaking and price consolidation above the 1.3294 level will allow the pair to continue growth at the 1.3586 level.
If the assumption is true, it is logical to expect the pair to continue to the level of 1.1885 Opinion: Sell the correction pair below the 1.2313 level with the target at 1.1185.
Sell the correction pair below the 1.0246 level with the target at 0.9945. Rupture and price consolidation above the 1.0246 level will allow the pair to continue growth to the level of 1.0329 Analysis: The formation of the bearish correction in the quality of wave 2, which takes the form of an irregular plane, is presumably continued. Locally, it appears that the...
If the assumption is true, the pair's growth will continue to the levels of 1.0734 - 1.0856. Critical for this scenario is the level of 1.0449.