During this turbulent time of tariff imposing between USA and China, indexes have changed a lot in the way of movements, and the reactions on speculations are extreme, leading the spikes to be in hundreds and thousands of points in both directions. GER30 particularly has been very sensitive, thus a great possibility to trade with, but also very risky on the short...
During this turbulent time of tariff imposing between USA and China, indexes have changed a lot in the way of movements, and the reactions on speculations are extreme, leading the spikes to be in hundreds and thousands of points in both directions. GER30 particularly has been very sensitive, thus a great possibility to trade with, but also very risky on the short...
Technical indicators MACD, RSI and Stochastic indicate of fall in the AUD/JPY in the short term revisiting first 81.50. Analysis done on a 1h Chart. Be aware of fundamentals that can influence the price movement and spike in volatility. Risk warning! --------------------------------------------------- Trading carries a high level of risk to your capital and...
After the announcement of the joint venture between ThyssenKrupp and TATA Steel, will help the European seel maker to evade the 25% imposed tariff on European steel producers that the US have announced in the previous month. This fundamentally can boost the price to reach 25.45 in the next 2-3 months, adding on the fact that the price per share is seen as...
If now level at 1250/1245 holds on, Gold can run to 1.300 again by the end of summer. Next support levels from here are 1220 and 1190. Gold movement is affected by the movement of the USD, inflation, seasonal buying, and risks associated with geopolitics. Risk warning! --------------------------------------------------- Trading carries a high level of risk...
Nothing new to add, just follow the previous analysis from 25th of April at the link and lets see if the move to the upside can be sustained as we go towards 11.500. Good luck. Risk warning! --------------------------------------------------- Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit. You...
We have Bitcoin for some time now pushing up, and stays above the levels of 8900 and 9000 as former resistance levels turned in support levels now. Today the price revisited the 9000 and went just below it, it holds now in the price range of the mentioned support levels and if it persist to be above 8900 and 9000 we can see the price moving up again and going...
Yesterday after BoE's Governor Carney hinted that possibility of rate hike is much more lower than previously the GBPUSD plunged from what it was a great run to the heights of 1.4377 for more than a month, and this means also that it is on the border to exit the bullish flag zone if it goes below 1.4000 the next support. At the moment the price pivots around...
Long term view. The chart patterns in the ellipses are occurring twice in the last 9 years, first in 2009, and now again from end of December 2017 to present day, and as we see that cycles repeat, expectations are the price of Crude Oil to go even higher against $80 - $100 per bbl. And it is not the technical analysis that appoints to this scenario happening, but...
Gold has rallied in the previous days, backed by the high risk geopolitical events surrounding Syria, and the comments clash between USA and Russia and their allies. The longer term resistance was reached on 10th of April at the level of $1365. If demand stays high for the Gold, and when we see even more investors demand we can see the Gold rising to $1400 and...
GBPUSD still bullish and on path to reach 1.4500 if conditions stay unchanged. Buyers emerge on a dip below 1.4100 and show strong on levels close to 1.4000. The bullish flag detected a month ago gave away very clear signal of what we can see in the following month. GBPUSD pivots around resistance level 1.4185 at the moment. Positive news for the trade war spur...
Bitcoin price for a while now has a stable price movement and low volatility compared from previous months, and year to date now a huge difference how the market moves, not just Bitcoin but also other cryptos. At the moment the price of Bitcoin is pushing against the resistance at $7200, if it extends beyond can reach another resistance zone 7600-7900. It is...
The 20 day moving average is a strong point which plays big part in how the future trend is set and detected. Setting up for a trade, short term selling from under 1.23 to 1.2270 may play a good trade short term trade, below it is stronger support directly to the 1.2200/1.2190 trend line support where more buyers are emerging. Be careful and follow also everything...
During the turbulence of the trade war USA against the world, we have seen a lot of fluctuations in the price of stocks and the representative Indices. The GER30 particularly has massive volatility and potential to destroy a lot on its path. Having said that, looking at the positive side, if these news stop just for a while investors will see the situation as...
Just few weeks ago we had price of Bitcoin moving extremely, the volatility is welcomed, but when extreme it is not good for anyone. Since, in the last two weeks we have stabilization over this market, and maybe crypto currencies markets like a whole. Many speculative investors have decided to stay on the side or pause in investing, while is too risky with all the...
US30 has recovered today on trading war softening stance, and rising shares in technology sector. Knowing that we are at the end of month and heading towards Easter Holidays we may see pause in the move, and also from technical perspective the US30 still looks bearish, the MACD confirms it on a 1D chart and also the trading volume is lower than expected to be. As...
On the chart is compared the period before the spike to the upside reaching all time high from Nov 24 - Nov 28 2017, example for stable volume of trades, and Mar 18 - Mar 21 2018 where we see declining volume as the price goes up. This shows us at the moment investors interest in buying is very low above 9000, and my indicate that Bitcoin is prepared to dip once...
GER30 falling 400 pips in two days over fears in actions against EU imports too, one that was made to reach 12450, turned to a disaster after Trump has signed the trade memorandum which may imposes $60Bln in tariffs on Chinese imports. 1. Statement from the Chinese Embassy in Washington Strongly opposes US President Trump’s tariff plan for Chinese...