husamalahmadi

husamalahmadi

S&P 500 and Nasdaq all these indexes broke the top that reached in February 2020 even with all uncertainty and the bad data provided by companies earning during the pandemic, except DOW 30. This index alone proves that the market is weak and once it reached near to the top that made in February 2020 the market start going down bring with it all other indexes. For...

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Looking at the above chart with bearish RSI divergence makes me feel like the market is about to go down and start bleeding. But for Traders, there is an always opportunity for making money in any market movement

husamalahmadi

I wrote an article about this and how to draw support and resistance wisely you can read it here

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The gold price has been dropped between two support and resistance on a monthly timeframe. There is a bullish divergence in RSI which might lead to a new bull move. There will be a new bullish move for the gold that will make it travel above 2100 because of all major uncertainty in the world right now. But will this be the begging of this move, we will see in the...

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If you want to know how to draw strong supports and resistances as well as trend lines always use the monthly timeframe to have a clear picture of where the market is about to go. I was wondering why EURUSD drop this much, specially that the US Rate has not changed as well as EUR rate, But when I went to longer time frame I noticed that there is a strong down...

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S&P 500 drop is a correction phase that is soon going to be downtrend If the index drops down to reach 2950 points, but if the direction failed to broke 3190 points and the price starts to settle at this level this means the index is just going through a correction.

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This is a setup based on the price and volume analysis, oil may drop down especially with market data that support this probosed move.

husamalahmadi Updated 

I believe the USD will be stronger than other currencies in the next week especially in the first two days and the euro session on Wednesday. All major currencies that embody USD, as either bullish if the USD was the major pair or bearish if the USD was the secondary pair. This is not because the USD is becoming stronger after the FED announcement that held last...

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I believe the EURUSD will resume its uptrend movement since price reached key support with an RSI almost above 45 which a good sign for a bullish uptrend. Do your DD and look for your confirmation and join the long. GOOD luck

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I believe gold is almost about to resume its bullish move, but don't engage now. Just wait for the price to pull back to 1929.5 and once you got confirmation by bullish engulfing candle and/or other indicators then buy to almost above 2100 or more. Do your DD and make your signal. Good luck

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EURUSD, is forming a contraction in volatility pattern in up trend. The general trend for this pair is up despite the correction phase that facing this pair since 3th of Aug 2020. I believe the speech for Fed Chair Powell will provide good momentum for this pair to break the resistance its facing right now which is 1.1835 and move forward to reach...

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DIS stock face a new swing opportunity in its level. The stock has a gap that not filled that created with high volume. The stock also in its contraction of volatility phase since its hit a resistance two time with each one of them its create a higher support. There is a good probability that the stock will break this resistance and move higher until it reach...

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Based on the chart above I believe that EURUSD will continue its up movement. My idea simple based on the rejection of the hypothesis. Once the EURUSD reached 1.1353 level started a sideways movement. This sideways movement resulted in the Head and shoulders pattern. This pattern was strongly formed when price broke the neckline and formed a bearish candle which...

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Look at the market in these days to have a general overview of what meant when Isaac Newton said that ” I could calculate the motions of the heavenly bodies, but not the madness of the people”. The S&P 500 which is considered the average of the stock market made a new lower low that breaks all other previous lows and was able to retrace back to the top. It wiped...

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I believe all pairs especially the most famous one EURUSD are losing the momentum that makes it move in uptrend or downtrend. That means this pair will be ranging between the two levels that appear above in the chart because of many reasons. The important one of which is that the major news affecting inflation and interest rate are all the same from all countries...

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Gold is forming head and shoulders patterns. I believe the price of gold will drop to reach 1542.5 as shown in the above chart. The pattern completed all its formation process as shown in this blog . The setup for this trade is as below: Sell price = 1568.1 Take profit = 1542.5 Stop-loss = 1577.3 Good luck for you all :)

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On January 21, 2020, IBM released it's earning per share (EPS) which was 4.71 that means it was greater than the previous earning which was 2.68 by almost 75%. This means IBM stock will be under high demand by investors and financial companies. Since earning is the only things that matter especially when it comes to the stock market as explained in my blog, and...

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The new earning report released for ARE increase more than 300% since the last report in October 28 2019. (EPS) of ARE is (1.74) compared (-0.44) to the last report. This earning can be the new bull move of this company because earning is what matter as I published here . I totally recommend investing in this stock for at least the next quarter and see if the...