Tomorrow events to influience the price too. 15:30 Crude Oil Inventories 3.182M expected from Previous 5.022M. 19:00 FOMC Rate decision expected 1.75% from previous 1.50%
Crude Oil at resistance level, going above 61.535 opens the upside to 63.60/64. Buy on daily close above 61.535. Attention to fundamentals, inventories, and OPEC before decision is made.
Closing above EMA20 bullish signal, yesterday confirmed once again, EURUSD closed just above it. Going towards NFP we will see more movement in the EURUSD. Korea Summit brings risk appetite back, dollar weaker.
Bitcoin price holds above 8080 trend line support, and 7680 pattern support two resistance levels that prove to be strong for now to hold the price in place for resurgence. Breaking the levels price poised to revisit low 6000s again. Mt.Gox influence still visible. Caution!
We have immediate resistance at 50.84, passing this level unlocks the upside, and with support of good fundamentals price can reach 60 in the following 2-3 months. Today price up 2% so far.
Despite other stocks falling, due to turbulence in Trump's cabinet, ROLLS-ROYCE HOLDINGS CHXEUR:RRL made a 13% move up, on news of 2020 goals on target to be reached and that they are interested in powering any new mid-market jet. This is how fundamentals work, anyone who entered in a position in the low 800, now can make a nice take profit. Although, I think the...
Circumference of a circle, Pi. Calculating it in backtesting it can provide reliable, resistance/support levels and entry points. Research: The Geometry of a Pattern.
The US30 has recovered faster in the process and is heading toward 26.700, with eye on 28000. We have FED Chair coming up with comments, we may get an Idea of what kind of policy we might expect in the near future. The DAX30 is consolidating and moving in range in the sideways, waiting for a fundamental catalyst to move it out of this range, German Unemployment...