declic_trading

declic_trading

As anticipated in a previous analysis when the stock was at the top of the channel, a correction has started from this level towards the bottom of the bullish channel + a major support zone (previous all-time highs) around 190/200$. We will therefore wait for this level to position ourselves again for a long-term buy on the stock and target a retracement of the...

declic_trading

The USD/MXN stabilizes at a price of 19.80/20. A reduction in this zone can be an opportunity to position it for the store and connect it to the main resistance zone above 21.50. It is obvious that we will be attentive to the various announcements of customs duties which could significantly change the price.

declic_trading

Our EUR/USD selling strategy has worked perfectly since the major resistance at 1.0950. A short-term rebound could now occur at the first support, which will be reinforced by the ascending 20-day MA at the beginning of the week around 1.0760. Our target will be the 7-day MA. A bearish break of 1.0730 would cancel this scenario, the target would then be 1.0660.

declic_trading

The DXY is moving within a trading range on the 4H chart. We can sell at the top around 103.80 and buy at the bottom of the range around 102.80. However, we anticipate an upward breakout (in the direction of the trend on the longer timeframes). Therefore, we can either buy at the bottom of the range or wait for a bullish breakout and a pullback to position...

declic_trading Updated 

The USD/CAD has re-entered its 4-hour range. The lower zone around 1.4275 could be an opportunity to initiate buy positions, aiming initially at the bearish trendline currently near 1.44. If this bearish trendline breaks, the second target will be 1.4490, the top of the range. Conversely, a bearish break below 1.4250 would invalidate this scenario, as the range...

declic_trading Updated 

Ether is making a pullback to its former support zone, which was broken to the downside around 2000/2100$. The weakness of the move, along with the bearish 20-day moving average, could trigger a resumption of the bearish trend towards the next support around 1565$.

declic_trading

BTC is moving within an hourly bullish channel. We can buy at the lower boundary and sell at the upper boundary until one of the boundaries is broken. If the price breaks the upper boundary, our next target will be the major resistance around 92,000$. If the price breaks the lower boundary, our next target will be the short-term support around 78,000$, but the...