Technician

Technician

The next major weekly(medium term) Support level to watch for J&J. Watch for a rebound or a breakout. Even if witness a breakout, usually short term bounces are highly probable before any sustained breakout. Check my new website thefxchannel.com , vote and subscribe twitter.com My best regards, Technician

Technician

Bank of America Technical Analysis - Overall trend is sideways -The price tested areas near the bottom of the range before forming a double bottom formation -The price has broken the neckline of the double bottom , in addition to the 200-days SMA -Further upside is favored now for a possible retest of 18.00 resistance areas - A break below 15.50 may negate this...

Technician

*Update: Stopped out EURAUD Technical Analysis I have published a bullish outlook for the pair last week you can find it here The price reached my first two targets before retracing back lower, where i think this is another opportunity to go long following the breakout above the 200-days SMA and the price has formed a bullish hammer candle hinting renewed...

Technician

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Technician

Shares have completed a bullish breakout and consolidated above the resistance of the ascending triangle formation and also the 61.8 retracement level, which was a key area within the past few months. The breakout suggest continuation of the bullish trend that started from 2009, where the minimum measured target for the triangle is around 55.00 areas.. Be one...

Technician

Kellogg Technical Analysis: -The price has been fluctuating heavily near the top of the multiple channels long term channels. -The recent price action is taking the of a bearish rising wedge as well. -A major monthly long-legged doji at that resistance area -Bearish divergence on MACD Be one of the first members of my new trading portal, check my new website...

Technician

The next major weekly(medium term) Support level to watch for the CADJPY . Watch for a rebound or a breakout. Even if witness a breakout, usually short term bounces are highly probable before any sustained breakout. Trade forex with me, check my new website thefxchannel.com , vote and subscribe Join me at twitter.com My best regards, Technician

Technician

The next major Daily (Short term) Resistance level to watch for Google. Watch for a rebound or a breakout. Even if witness a breakout, usually short term bounces are highly probable before any sustained breakout. Trade forex with me, check my new website thefxchannel.com , vote and subscribe Join me at twitter.com My best regards, Technician

Technician

*Update: First half was closed at first target, moved stop to breakeven, second half was closed at breakeven... -The price has completed a bearish head and shoulders top -Broken below the short term rising trend line -Currently retesting 0.9790-0.9800 horizontal resistance -The price is trading within a short term bearish channel I am looking to short near...

Technician

1) Trend is Bearish(shorts are favored): The pair has been trading in a bearish descending channel for months now. 2) The price hit the bottom of the channel last week, where it formed a major pin bar at that support hinting a potential rebound or at least a period of sideways consolidation 3) So far the rebound has taken the shape of a sideways consolidation. 4)...

Technician

*Update: First half was closed at first target, moved stop to breakeven, second half was closed at breakeven... NYMEX Crude Oil is retesting a key near term area: -Main falling trend line for bearish trend -127.1 Fibonacci extension for the latest bearish wave -the 50-days Simple moving average -Horizontal resistance which rejected price previously. -Potential...

Technician

*Update: Stopped out... ======================================================================================== I am not sure if we will get there , but if we reach that shaded area a harmonic three drives pattern would complete at that level, which is also the 50 percent retracement for the latest bullish wave. My buy limit order is already there. Note that a...

Technician

In my previous long term analysis for the U.S. dollar index six months ago (), I was anticipating this bullish breakout, indeed the breakout materialized, however, at this juncture, i moved to a higher time frame(3-months) to show a major falling trend line(on logarithmic chart) that is being retested now, in addition to that, the price has corrected 50 percent of...

Technician

The next major Monthly support level to watch for the GBPCAD.. This level was recently broken and turns now to a support, we might see bullish resumption on a retest of that support , seems like a great place to look for long setups... www.thefxchannel.com .. visit .. vote.. subscribe Technician

Technician

The next major Monthly Resistance level to watch for the EURGBP.. This level was recently broken and turns now to a resistance, we might see bearish resumption on a retest of that resistance, looks like a great place to look for short setups... www.thefxchannel.com .. visit .. vote.. subscribe Technician

Technician

The next major daily(Short term) Support level to watch for the SP500. Watch for a rebound or a breakout. A breakout below this support could be harmful... www.thefxchannel.com .. visit .. vote.. subscribe Technician

Technician

The next major daily(Short term) Resistance level to watch for WTI Oil. Watch for a rebound or a breakout. Note: Good scalping opportunities at that resistance. thefxchannel.com .. visit .. vote.. subscribe Technician

Technician

Triple bottom breakout on the four-hour time interval after taking the neckline at 1.4400, the price followed through the 200-days SMA today, if we stabilize above the average i think we could see further upside. The area near the 200-days SMA and the neckline should act as a near term support now, where i would long looking for the targets outline on chart.. I...