Nas100 News: -Dow Jones Futures: Corona virus Stock Market Rally Falls As Apple, Tech Giants Tumble; Intel's Pain Is AMD's Gain -Bubble Warnings Get Louder With NASDAQ Erasing Huge Monday Rally : za.investing.com Analysis: -NASDAQ currently broke the support level at 10526 zone -We can expect NASDAQ to retest that support zone which now has turned into a...
Future BUY trade: Analysis: - We saw a rejection at 1.2475 zone with a big bearish engulfing -The pair is currently in an uptrend channel -The pair is near/approaching the 50 DAY moving average(There is also a major support at this area;indicated with green rectangle)where w can expect the pair to bounce off -The major support and 50 Moving Average is also in the...
Analysis: -So we have seen eurusd push up for some time, and at the moment we can possibly see a double top forming. -Our RSI indicates that this pair is overbought on the 1D,4HR,2HR charts -We have a major resistance on the 1&2HR charts at 1.595 ZONE -our next major support is at 1.15425 ZONE -The pair is in an upwards trend so we wait for confirmation to...
If this pair breaks the fibonacci 38.2% level we can see a rise up untill the 23.6% level and maybe even more till it tests the major resistance at 1.7475 area
Analysis: -Price is still in uptrend higher highs,higher lows -RSI is at 55, can still go to 70 area -Price is still above 50 EMA(uptrend) -Its always best to wait for confirmation to buy : if the price rejects at the green line we buy or if we see 3 bullish candles following each other with the candles being larger than the previous bullish candles -Only risk 1%...
We can see this pair has bounced off the support zone in the 1.792 area,we can expect this pair to rise to the next resistance located in the 1.806 area. The pair is also under the 50 EMA but close to rising above it. if this pair breaks the black line drawn at 1.8016 we can expect this pair to continue upwards otherwise it will indicate to us that we can...
This pair has recently created a double bottom on the 4hr and started going up. The RSI also indicates a divergence ,and we can expect to go up to the 135.15 resistance area.It is also just under the 50 EMA If the pair rejects the resistance area we can expect this pair to go down to test the support level(possibly breaking it, and continue to go down till the...
When we look at the market structure we can see that a double top formed and the pair went down and tested the 0.938 support zone and created a double bottom. If this pair breaks the 61.8% Fibonacci zone(indicated by black line) we can expect this pair to go up and test the next resistance at the 0.942 zone and the 50 EMA line. The pair created a higher low,if it...
We can see the pair has made an divergence as stated in graph with comments. The pair is at a major resistance at the 38.2% Fibonacci level and it might reject it and we can see this pair go down. Only risk 1-2% of your account's capital(Percentage over pips!!!!!) Feel free to leave a like and comment your thoughts about how this pair will move today.
The RSI has reached it low stating that the pair is oversold, we can expect buyers to come in now. The pair is also approaching a major support USA is also releasing some economic news later today: -Core Retail Sales m/m( Forecast:5.0% ; Previous: 12%) 'Actual' greater than 'Forecast' is good for currency; vice versa -Retail Sales m/m ( Forecast: 5% ;...
Analysis: This pair is currently overbought but we might see the pair bounce of from the major support in the 0.699 zone which also has the 23.6% Fibonacci zone The trend is your friend(currently uptrend) it is advised to wait for a confirmation that the pair will bounce off the support ,I'm looking at the 30min and 1hr candles rejections ,once there are 3 or...
We can see on this daily that a lower high has been formed,we can also see that there a shooting star candlestick pattern has formed We can expect the GBP/JPY pair to go down the next few days where it will retest the next major support area as indicated in graph. If u like my analysis feel free to leave a like and comment your expectations for how this pair will go :)
This pair is reaching the 38.2% fibo where there is a major resistance we might see this pair reject that line in the 107.338 area. But Forex can be surprising so I'm waiting for confirmation before I'm selling.Your stop loss should always be just above the next major resistance for in case this pair breaks the lower high point and resistance (Always only risk...
Analysis: -We can see this pair created a double top ,and the pair went down and broke the upwards trend. -The pair went down furthermore and tested a major support at 1.251 area which it bounced off. -The last 2 days it got rejected by the trend channel. What we can expect: -The pair can test the channel's resistance again and break it,and go up -The pair can go...
Today there's a few things happening: USA is releasing their Inflation Rate & Core Inflation Rate, with everything that has been going on in the USA(Corona and Protests) we can expect these two rate's to be not so great. We saw the USD/CHF break the downwards channel the past few days,but we have a major resistance zone which has been tested 3 times the last 4...
The pair broke the major support which turned into a major resistance now.We saw a Lower High & lower low form the past week which indicates a downtrend/divergence in the market. This trade is a low risk oppurtunity and we have a good chance the market will go in our favour.The Chaos going on in USA will help the dollar go down too. Feel free to comment and like...