XRPUSD keeps dominated by sellers. the 0.24630 support the last one before the lows made on August 17. MACD's histogram show increased bearishness. Stoch, though seems to indicate a resting period of consolidation of the recent loses. Overall outlook is evidently bearish.
Bitcoin bounced yesterday, but its advances stopped at about $10,400. Today is retracing that path and is hovering below $10,000. MACD is bearish, but Stoch. is trying to make a bull transition. We have to see how the current daily candle ends. Bitcoin may be trying to find a bottom at the bullish trendline (blue) The other scenario is the bitcoin continue its...
During this year, Gold (XAUUSD) soars 16.85% (YTD), despite the trade war fear, we foresee a limited upside from the golden metal for the coming days.
Litecoin has retraced 10=% of its last leg up. On July 14 he has breached its ascending trend line now it has breached July's 14 low. MACD turned bearish, while stoch is oversold. It seems LTC is trying to find a floor close to its $69-70 support area. Overall it is bearish until the descending trendline is not trespassed to the upside.
Ethereum breached the ascending trend line, therefore we see the bullish phase as ended. short-term, MACD is bearish and Stochastics close to oversold.
Ripple is not recovering from yesterday's flash-crash. MACD and stochastics point to more drops. 0.246 is the last support level.
Bitcoin continue losing ground with strength. THe MACD turned to bearish yesterday on the daily chart. THe first target will be its last lows, close to $9,000 then it might search for the bottom of the channel at $8,200
The Crude Oil (CL) daily chart shows a potential triangle structure in development which could drive to new lows. Follow with us what to expect from Crude Oil for the coming days.
In a previous post (read here), we commented about the possibility of a pending upside from Silver (XAGUSD). The decline watched on Tuesday 13, which fell below the August 12 low (16.79), makes us suspect that we could be starting a corrective move.
Litecoin has bounced off of the $83 level, but lacks strength to continue. MACD seems shft to the positive side while the Stochastics show also that the bounce could continue.
ETH bounced off of the same 203.4 low but it did not broke the last bearish bar high and is still following the lead of the descending line. MACD does not show direction, whle the Stochastics indicate a continuation of the bounce.
Ripple is trapped between the descending trendline and the support region made by the close on July 16 (0.295). volume has been low. The MACD gives no clue while the Stochastics show a bounce to higher levels is possible.
The bitcoin yesterday has broken its range and dopped about $1,000 in 24 hours. Currently, bulls are trying to hold ad the $10,500 level. The MACD is clearly bearish while the Stochastics is oversold. The outlook is bearish.
The breakdown and activation of a wave (C) from the Swiss Franc gives us this long-trade setup. Follow with us the potential bullish 1-2-3 pattern from the CADCHF cross.
As commented on last Friday 09, the Swiss Franc Futures completed a wave (B) of intermediate degree at 1.0384 activating the start of a wave (C). Follow with us what to expect from this new cycle.
After the intraday breakout, the NASDAQ 100 (NQ) e-mini futures 2-hour chart shows signals of a new bullish leg activated. In this post, we'll review what should be the next target.
The futures of Japanese index Nikkei 225 (NKD) it's been traded mostly bearish. During this month, NKD eases 4.98%. In this post, we'll review the short-term Elliott Wave structure and what to expect from this index for the coming days.
Gold hit a more than six-year high on Tuesday as unrest in Hong Kong and a rout in the Argentine peso drove investors already spooked by the U.S.-China trade war into havens such as bullion at the expense of riskier assets such as stocks.