First Data was recently apart of a merger with Fiserv. First Data being a newer company handling 45% of all US debit and credit card transactions online and retail with over six million merchants. Which explains the increase and am waiting for a retest to enter the market.
KMI is getting towards it's resistance level waiting for a breakout if it continues past it could be resemble a bullish outlook.
The US10Y looks to be gaining towards a bullish outlook creating this ETF to continue to increase its pattern. Waiting for breakout!
This ETF has been falling constantly on the weekly chart as it is waiting for its exhaustion stage to retest the 20 or 30 Day WMA. It could possibly reverse all together and starting its bull trend relative to the volume. For the last week or so it has been trapped and seem to be consolidating. I have projected here the paths if the ETF breaks both the $31.79 and...
TSM is moving towards a key resistance level which could in-turn create a reversal. That level is just under $39.00. Big tech companies are anticipating the release of 5G, so most if not all mobile devices will have capabilities and Qualcomm which is a customer of TSM will be producing a lot of chips.
Finding different weekly support and resistance levels dating back to 2008. I am marking levels that have confirmed the price getting caught in, then when breaking either up or down it will continue that way for a short period of time. Next I will show a daily projection based off of the levels I have found.
The euro hasn't came to retest the daily trend line that it broke last week, however it still remains along the 4HR time frame approaching the resistance around 1.1450-60 area. The DXY is doing a very similar path in the opposite direction, and looks like it will continue to decrease to the daily trend line around 96.00. With the news that the FED will pause rate...
The 10YR note has once again reached its resistance and it is coming to a decision whether it will break its resistance or break the trend line and continue to fall. Just keep an eye on what it does once it reaches the trend-line, it could bounce around the resistance and trend line. I think it will not break resistance only because it has been tested numerous...
There's has been a tough resistance around the 97.00 area and it keeps rejecting it. It did a hard fake out last week and continued its downtrend this week. It currently broke the 4HR orange trendline I made, which it will retest that 4HR trendline and head toward the 1D trendline. It has two options from there, it can either try and break the resistance again and...
This has two options judging what the price does once it hits the trend line. It could try and test the resistance again and bounce around that and the trend line or it will break free from the trend line and do a retest and continue its downtrend. Because the Dollar is holding value at the resistance and looking to fall beside it.
This pair has been trying since May '17 to break its very strong resistance. It has been rejected once again closer to breaking its trend line. It may follow the path I projected right now or it might keep trying to test its resistance then fall, because the DXY has been showing the same signs as it keeps rejecting the resistance.
Broke Daily trendline. Keep an eye on the dollar because I dont think the dollar will continue to decline for much longer.
Early makings of a reversal happening on a daily chart.
If it doesn't fall below Support 1 on a Daily chart we should be looking at a reversal shortly. Plus China needs to regulate cryptos!
Since Bitcoin has been on the market from Coinbase in 2015 it has not yet broken its continued trend line. For that the uptrend continues to advance showing here on a weekly chart no sign of decline in the future. This is but a small pullback and whats crazy is that Bitcoin still holds its somewhat strong value even though China has stopped all trading platforms...
AUDUSD is showing signs of uptrend failing to fall below support while the US10Y is coming down to around 2.95 forcing the DXY to come down around 92.37.