Trend analysis of the S%P 500 from top to bottom, starting from the quarterly, to monthly, weekly and the daily chart. Targets for the waves of each timeframes. Short term weakness on the daily chart with a break below head & Shoulders pattern, with first target the 0.382 FIB retracement at 3180 and second target the 0.618 FIB retracement around 3920.
Technical analysis for the GBP/USD, the pair close the week with a low-test candle on the weekly chart. The price bounced from 0.500 and 0.386 FIB retracements on the monthly chart at 1.3170, which is a signal for a pullback. The first target of the pullback is the 0.386 FIB retracement on the daily chart at 1.3295. The second target is the resistance between the...
Technical analysis for the DXY dollar index, the index formed tweezer top on the weekly chart, which is a signal for a pullback. The first target for the pullback, the 0.386 FIB retracement at 95.55, was achieved. The second target is the 0.618 FIB retracement at 94.70. The support and 0.618 FIB retracement at 94.70 will be monitor by a lot of traders and...
NASDAQ 100
Technical analysis - The market bounce from 2018 high and August 2019 low around 7680 that bounce starts a retracement on the daily. I am watching the resistance and 0.382 FIB between 8000 - 8200 for rejection and short trade with first target December 2018 low around 6000!
GBP/USD - technical analysis! If the monthly close like this it will be high test rejecting dynamic resistance, 0.618 FIB and monthly 50 EMA. Weekly close with bearish engulfing rejecting previous highs, descending trend line and 0.618 FIB. On the daily we see break of ascending wedge to the downside and now the price approaching support zone between 1.28 -...
XRP/USD broke below 0.20 now approaching all time low. Once the price broke below key support area between 0.2700 - 0.2950 we saw massive plunge and break below 0.200. However now the price is approaching support zone between 0.14 - 0.190 waiting to form reversal patter and potential long if that support zone manage to hold the declines
Boeing chart analysis price is holding support zone for now, between 300 - 330! Break below that zone may offer good short with first target the Monthly 50 EMA around 280 and 0.500 FIB at 275 as first target and second target maybe 0.618 FIB around 230! On the other hand if this support zone hold and the price break above the descending tingle on the daily we may...
Analysis of BTC/USD chart the the support and resistance levels that the price is stuck withing, On the weekly the price is withing descending triangle and holding the support zone and bottom of that triangle, support between 6000 - 6750. If the price break and trade below that level, then the bulls will be in trouble and we may see massive declines toward 2018...
XAG/USD - price is approaching 0.618 FIB and support zone around 16.20 - 16.35 forming descending wedge on the daily. Watching that support zone for the price to decelerate and form reversal pattern or reversal candles that could offer long term long trade. On my weekly watch list for 08-14 December 2019.
AUD/NZD - approaching support zone double bottoms on the monthly, previous lows on the weekly and daily, support zone and FIB level and dynamic support on the daily. The price is both overextended and oversold and in need of pullback on both the weekly and the daily. Therefore, watching the support zone between 1.0350 - 1.0390 for the price to slowdown, form...
Google quick technical analyst 03.12.2019 - Head and Shoulders. Price broke the neckline on the daily, 4H and 1H and I expect to see much lower opening today the price to reach the target of the pattern which is around 1251$.
Daily technical analyst of the price action, once the price break below key support level it made two attempt to break above it this once support now resistance level and fail to break higher twice forming double tops and now price plunging after the second attempt to break above the resistance. Next support level for XRP/USD is all the way around 0.1500!
