The EUR/USD pair has formed a double-top pattern on the weekly chart with the top range near 1.1200. Looking for other confirmation I found the following for this pair:
With these confirmations, I am looking for this pair to continue in the downward direction
Bitcoin/USD short-term outlook:
I expect Bitcoin to find a support level near $54,000 soon, as it reaches previous support, Bollinger band resistance, and the Relative strength index enters the oversold area.
A simple 5% OXY setup: Triple bottom support on a 1-month chart with Bollinger band constriction, and an oversold RSI indicator.
OXY (Occidental Petroleum) is a strong company with a 1.55% dividend yield and upcoming earnings.
The idea: Enter trade below $57 and exit at or above $60.
$60 is the next upper resistance point and if broken the secondary...
AMD
I agree that AMD is a very strong company, but in my opinion it is over extended and i'm looking for a possible short towards $65 in the coming weeks
for educational purposes only
OANDA:AUDCHF
4 hour chart
I am considering a possible short opportunity for the AUD/CHF as it bounced from previous resistance of 0.6655.
I am looking at an entry around 0.6640 with a take profit of 0.6540 and a stop at 0.6675
