1. Wait for breaking parallel channel or resistance line then take long 2. Wait till lower band of parallel channel and then take long Turkey officially declare war against Syria. it could bring chaos to middle east. Russia also is defending Syria. Turkey threatened NATO to support otherwise it would open its borders and free Syrian refugee to flee to EU...
take long position as it is in lower band of the rising parallel channel till price touch resistance line. Then be aware and wait for the break, then take short position. Break could happen sooner be careful. EURUSD is under the long term trend line and as coronavirus is spreading in Italy and restrictions are growing, EUR could have faced downward pressure.
long till upper band of wedge. short if f price breaks the lower band of rising wedge
Virus is spreading by polynomial order 2 and today's number of cases was 60,000 and if it is not controlled the number of cases can hit 100,000 till 18 Feb. More quarantine is needed in china! more China economy slowdown so bearish for AUD. just be careful about strong support line at 0.6675. if the virus controlled revere your position!
number of cases News : 10 Feb : 40,000 _11 Feb:44,000 _ 12 Feb:45,000 ______ 13 Feb 60,000. How? The true number of cases was 52,000 not 45,000 on 12 Feb. They said the virus has been controlled but gold was bullish! and now 60,000 confirmed so again virus is spreading by polynomial order 2 unless it is controlled . Based on numerical analysis: 68,000 on 14...
Based on my numerical analysis on Feb 3 (14,000 infections), number of Wuhan coronavirus infections on February 5 was 20,000 which was true. This number was rising on polynomial order 2 and 40,000 infections was predicted on Feb 10 which was true again. However, today's number of infections is 45,000 that shows this number is increasing linearly for 2 days. This...
ATVI can easily see 65, 70 and 73.45 USD based on both fundamental and technical analysis. Price rises in rising channel and breaks resistance lines. Reward to risk ratio is more than 2.5. New games introduced by ATVI specially Call of Duty modern warfare and Call of Duty mobile shows signs of growth again and Warcraft III: Reforged and World of Warcraft:...
Based on fundamental analysis if TAC doesn't increase google advertising income would rise sharply in 2020. New businesses specially in AI fields and 5G could double the bullish strength. The only risk I can mention about Google is EU tech tax or digital tax. Bullish trend would continue until digital tax will be introduced by UK or France and then I can update my...
Possible fall of BTC to 8500$ by breaking trendlines.
Two resistance lines crosses at 1571 if no virus fear spark bullish trend, today's possible good US unemployment rate could make price cross wedge support and see 1548 support line.
Bearish trend could cross H&D neckline and today's bad EU industrial production and good US unemployment rate could double its downward pressure.
After several years decline of market share in China, new iphone managed to boost revenue. Increase in wearable revenue as well as introducing new cheap model of iphone in March could increase next EPS on May 05, 2020 to 2.95 (last year 2.46). AAPL could see 363$ till may if there is no digital tax . Digital tax or tech tax could slow AAPL growth!
Today's ADP Nonfarm and UK and Germany PMI's showed signs of growth and China declaration of finding a virus drugs and promise for more than 200B$ stimulus to fight economy slowdown could calm the stress.
XAU droped as virus fears abate. My numerical analysis shows 60,000 infections by 13 Feb and 400,000 infections by May! So how could WHO say it is not a pandemic! What is wrong with WHO! Goldman Sachs estimated that the GDP product growth this year could fall by 0.1-to-0.2% even if infections slows significantly in February and March. Fundamentally XAU is bullish...
AUD could break the support lvl in 0.66866 as coronavirus makes china's economy slowdown.
Based on numerical analysis number of Wuhan coronavirus infections in February 5 would be 20,000. This virus could not be under control before February 13 and economy slowdown continues as many companies halted their activities. In this case XAU could break the rising wedge and see resistance in 1612. Support line would be 1570 and 1562. If price touch lower line...
Apple temporarily closes all 42 stores in China as coronavirus spreads until February 9. It could fundamentally decrease revenue in china which is 15% of all its revenue. Price would break the trend line and see support in next trendline at about 298-299.