KPN has adopted a new bullish configuration, the stock has drawn a double bottom that has 85% of chance to initiate a bullish trend.
Facebook will enter soon a bullish phase , our algorithm has detected a double bottom, its probability of resolution is 82% with a gain greater than 8%
Edison has drawn a double bottom, the pullback occurred last week. The probability of an uptrend to 74$ is measured as 92%. The signal is very strength an supported by RSI an William%R.
Air Liquide has validated today a double bottom figure. Our algorithmic model gives this figure a 96% probability of uptrend to 105€. The RSI clearly support this scenario.
It is now more than 1 year that Potash is blocked between 20 and 25$, for the first time in 12 months, the stock has broken its major resistance of 25$. The stocks has drawn a very large double bottom and seems now to enter a bullish trend. Our model gives the figure 74% of success but the predicted expected return is over 80% !!!
Our algorithm has detected today a strong reverted cup and handle pattern on EUR/NOK in weekly (and also in 4H). The probability of a downtrend is 91% with the current configuration. Objective of gain is 8.5.
Our pattern matching algorithm has detected a beautiful reverted head and shoulders figure on crude oil. The probability of success of the figure is measured as 82% by our program. RSI in daily confirm and validate the pattern. A limited pullback is possible before the uptrend. The target of the bullish rallye is 60$
Copper is currently drawing a double top figure in 4H, RSI and William%R confirm the bearish potential of the figure.
GBP USD has drawn a very net and clear Head and shoulders figure in hourly timeframe today. Mathematic simulations gives only 67% of success to the figure mainly because RSI is not decreasing significantly.
Home Depot is drawing an inverted SHS supported by an increasing RSI. Home Depot can gain 10% in the coming days following our algorithmic models.
Nike is currently in a descending canal, the price has just rebound on its support and will now increase to the resistance which represent an increase of about 7%.
K+S has validated its reverted head and shoulders, a strong uptrend has been initiated. Target is 23,5€.
This week the stocks that are part of the CAC40 generated a lot of interesting signals. Saint-Gobain is one of them, the price shows a perfect double bottom figure. Pattern matching algorithms have confirmed the figure and indicate a target of 46€ (+15%).
Accor is currently drawing over the last 2 years a splendid Head & shoulders figure. The decreasing trend of the RSI validate strongly the figure. Over 2017 our prediction model predict a decrease of the price of about 30%.
Gold has broken its ascending support last week, now it is touching its strong horizontal support of the year. Gold has drawn a long shadow candlestick and will probably rebound on its support.
USDCHF is currently testing its major resistance established 1 year's ago. Any break will generate a new bullish phase. The most probable scenario is that the resistance will not be broken and price will start to decrease.
EURUSD has broken its previous descending support line, now, sellers are attacking the major ascending support but RSI an Williams R clearly shows EURUSD is oversold. We think the trend will change in the coming days and that EURUSD will become bullish to its resistance.
NZDUSD haven't break its ascending support and has drawn a long shadow candlestick, a new bullish rallye to the resistance is predicted.