Theperfectionist

Theperfectionist

After multiple attempts of breaking the support zone, oil soared as a result of the current political and economical tensions. A debut of a bull run is noticeable and the odds of a continuation are high. Possible targets: @59.000 (+2000pips or 2$ per unit) and @63.000 (+6000pips or 6$ per unit). Advice: Stay bullish and buy at any low point while we don't...

Theperfectionist Updated 

Previous view: Odds of a bear continuation are medium, stay bearish and sell at any high point while prices don't pull out from the support zone or 0.69000 top level. Actual outcome: Prices broke a support zone and are still subjected to a bear pressure. The odds of a bear continuation are medium/high with tiny chances of a reversal driving the price higher....

Theperfectionist Updated 

0.98600 bottom level attempted to be broken after a sharp bear trend. Prices settled on a support zone and were subjected to a bull pressure. Odds of a bull trend continuation are high. Possible targets : @1.0100 (+100pips) as the strong institutional level 1.0000 was already tested. Advice : Stay bullish and buy at any low point while we don't break the...

Theperfectionist Updated 

After prices settled in the support zone comprising the year's low, market was subject to a bull reversal with a test of 0.74800. Odds of a continuation remain medium/high however bears kept putting pressure the whole week. Possible targets : @0.74800 (+30pips) and @0.75400 (+90 pips) or @0.74000 (+40pips) in case of a reversal. Advice : Stay bullish and buy...

Theperfectionist Updated 

1.32500 bottom level was reached after a sharp bear trend. Prices settled on a support zone and were subjected to a bull pressure. After a strong reversal signal on June 12th, the odds of a bull trend became higher. Possible targets : @1.34310 (+0pips, already reached) and @1.35500 (+130 pips). Advice : Stay bullish and buy at any low point while we don't...

Theperfectionist Updated 

June 4th was the beginning of a steep bull trend after the US markets correction of 10% downside. The main reason is the willingness of the Federal reserve bank to lower their interest rate. Last trading week can be summarized by a consolidation between levels 7600.00 and 7425.00, eventually announcing a strong volatility next week. Since we are in a bull run,...

Theperfectionist Updated 

1358.5000 top level was reached after a sharp bull trend. Prices settled on a resistance zone and were subjected to a bear pressure. On the daily chart has formed a lower doji bar, confirming a rejection by the bears to drive the prices higher. 1360.000 is an iconic level since 2016 and prices tend to plunge every time they reach that strong resistance area. Odds...

Theperfectionist Updated 

107.900 level was attempted to be broken downward several times. Prices are around a strong support zone which contains the hypothetical low of the year (The real low is 104.830 due to the gigantic 400 pips fall of January 2nd followed by a massive reversal to the concerned zone). The odds of an upcoming bull run are average to low. Market has been ranging for a...

Theperfectionist Updated 

1.13478 top level was reached after a sharp bull trend. Prices settled on a resistance zone and were subjected to a bear pressure. After a strong reversal signal on June 12th, the odds of a bear trend became higher. Possible targets : @1.12000 (+75pips) and @1.11200 (+150 pips). Advice : Stay bearish and sell at any high point while we don't break the...

Theperfectionist

1.13478 top level was reached after a sharp bull trend. Prices settled on a resistance zone and were subjected to a bear pressure. After a strong reversal signal on June 12th, the odds of a bear trend became higher. Possible targets : @1.12000 (+75pips) and @1.11200 (+150 pips). Advice : Stay bearish and sell at any high point while we don't break the...

Theperfectionist

Previous view: Odds of a bull pullback are medium/high, stay bullish and buy at any low point while we don't break the 0.74400 bottom level, which will confirm the bearish pressure. Actual outcome: Prices tested 0.74400 bottom level; although the was a tiny rejection, the bearish pressure has been confirmed. Possible targets: @0.74000 (+30pips) and @0.73640...

Theperfectionist

Previous view: Odds of a bull continuation are high, stay bullish and buy at any low point while we don't break the support zone or 0.98601 bottom level. Actual outcome: Prices were side ways with a test of the strong institutional level 1.00000 and forming a daily doji bar. Actual view: 1.00000 top level attempted to be broken after a sharp bull trend. Prices...

Theperfectionist Updated 

GBPUSD entered a support zone and is about to reach the low of the year 1.24550. Prices settled on a support zone and kept being under a bear pressure. The odds of a continuation are medium/high, but we can still encounter a reversal. Possible targets : @1.24550 (+130pips) OR @1.27500 (+70 pips). Advice : Scalp by selling any high points until you reach the...

Theperfectionist

Prices settled on a support zone and are still subjected to a bear pressure. The odds of a bear continuation are medium : A reversal can occur driving the price higher. Possible targets : @0.68000 (+80pips) Advice : Stay bearish and sell at any high point while prices don't pull out from the support zone or 0.69000 top level. Correlated pairs : NZDUSD...

Theperfectionist

Nasdaq is up more than 2% after several days in the red, coinciding with the fed's will to lower the interest rates to calm the trade war. Although it is a counter-move to buy now, the analysis of a bull run or a pullback is supported by the double-bottom formed with the low of March the 8th. We experienced a sharp decline of bear volume since the 11% correction...

Theperfectionist

December 2018 marked the end of the bearish move where oil plunged nearly 40% from its 3 year high 77$. After a long recovery, a deeper downside movement of 10% was noticed, creating a clear Lower High. The move is still a pullback but can easily turn into a bearish run. Setup : Trend type - Pullback, Bull trend resumption at 65.30 Action - Sell now. Take profit...

Theperfectionist

Gold is still on a Bearish run even though it reached a support level and is consolidating. Unless it tops 1300.00, we are eager to short. Setup : - Sell Gold now. - Stop loss @1300.00 - Take Profit @1240.00

Theperfectionist

Oil has been bullish since the end of the year 2018, and with an average volume increasing from 1.5M contracts (1000 barrels) to 2.5M, its price gained 53%. This week more volume was noticed, a total of 5.1M contract, driving its value to 66.00$. Nonetheless, within the last two days, there was a strong bear pressure on oil, plunging it to the consolidation area...