Shorting USDCHF Short: 0.9065 Stop: 0.9301 Limit: 0.8701 Trade is based on Fibonacci .50 Level
Watch for breakout of level 126.176. This will be a good opportunity to jump in on longer term trends. If level is not broken then continue to wait to enter.
Weekly Analysis Currently the EUR/USD is in an uptrend. This was confirmed with the break of the 1.12885 level. Follow the High/Low pattern until it breaks. I believe best buying opportunities exist at the .50 (1.19405) and .382 (1.8654) Fib Levels. Stop Losses should be set below the 1.16220 level.
The US Dollar should remain bearish against the Swiss Franc for some time. There may be some short term buying to push the pair to the .92-.94 range. Looking to the long term fundamentals of monetary policy and the technical break on the monthly chart I believe the bearish trend will continue as we look to the future. Candle closes above .95 would change this...
According to my analysis USD/CAD is in a bullish trend on the weekly chart. Top: 1.45993 Bottom: 1.39134 I believe price will remain above 1.3900 for the time being but a strong break and close below this level would indicate further decline for the pair.
This stock has recently began to pick up some momentum. I wouldn't be surprised if there is some buyout activity going on here. I would enter this stock anytime this week. It has already hit a 52 week high. Stay in until it hits the 52 week low. Best of Luck!
Resistance is shown at 107.929 . It would be ideal for the bears to hold the pair below this level. I still firmly believe this pair will be heading to eventual level of 99.719. Stay tuned.
Can XRP have a daily close above the .7247 level. It will be the test if it can go much further. I would start watching closely if it does. Open bullish trades if the pair hits a 52-day high.
Trend - Bearish Indicator - 52 Week Low Chart - Weekly Strategy - Continuous negative news surrounding this company and also a possible trade war impacting markets could make for a great short here. Get out if stock reaches new 52 week high. Time Frame - Probably a year but watch closely with news releases.
Trend - Bearish Indicator - 52 Week Low Chart - Weekly Strategy - With all the negative news and the technical's starting to show signs of a bear market this should be an easy trade. I believe this is also works well if the market takes a turn due to negative trade news recently in the news. Time Frame- Trade could last a year and build momentum if the economy...
Trend - Bullish Indicator - 52 Week High Chart - Weekly Strategy - Long term bull move Target - Should reach $13.25 before too much pressure Exit - Will exit if pair closes with a touch of the 52 week low.
*Late signal but might still be good Trend - Bullish Indicator - 52 Week High Chart - Weekly Strategy - I do consider this a risky trade as current market conditions could impact stocks like this greatly. This trade should follow oil pretty closely which I am also bullish on. Time Frame- Using weekly charts will cause your capital to be tied up for potentially a year.
Trend - Bearish Indicator - 52 Week Low Chart - Weekly Strategy - Continue to stay short Target - At least 99.71 Exit - Will exit if pair touches a 52 week high on weekly chart.
I have reviewed the daily chart for Bitcoin and see nothing to be excited about for a bullish rally. No price points or momentum supports a bullish trend. I will continue to watch if the coin can reach a 52 day high then I may be interested in an upward move.
Trend - Bullish Indicator - 52 Week High Chart - Weekly Strategy - I do consider this a risky trade as current market conditions could impact stocks like this greatly. I will go long on Monday open and ride it out. If markets turn sharp I will exit at at 26 week low on the weekly chart. Time Frame - Using weekly charts will cause your capital to be tied...
Trend - Bearish Indicator - 52 Week Low Chart - Weekly Strategy - Ride the trend short and cover on the touch of a 26 week high or 52 week high depending on your profits. Time Frame - Could take up to a year to cover.