Above 164.60 possible bullish H&S with target @ 167.30 matching the yield in 0,20/0,15% range
Gold in the range 1430-1185. Momentum flat. EMA 16/64 approaching. A right time to set up and wait for direction. Above 1675/1920. Below 940/695
2 buys: first @1.2325. Second above 1.2385. Target @ 1.2525. Stop below 1.2285.
False break @2335 i set short position with stop above @2345. Target @2255/2195
EURGBP seems to exit from bearish medium term trend (first up signal above 0.7930). We wait for break up @0.795 with target extended @0.8150, stop @0.7850
We can look at VIX vs SPX chart: two bottom areas VIX match two up areas SPX. What can we expect in the near future? Scenario 1: VIX up matching SPX down (double top @1420 for SPX) Scenario 2: Vix sideway matching SPX up (ElliottWave thoerists could see a 5 wave, i think). Share your thought, please
Positive short-term channel with lower bound @38 and upper @40.50. Gap up with huge volume, on rising possible Buy @40.35 with tp @43. Stop @39.35. Look at 5 min timeframes for best entry point.
GBPUSD breaks up 50% Fibonacci retracement, multi swing resistence level @1.5775. Good accumulation period mid-June to mid-Aug. Dynamic support @1.5550. Ok, we estimate tp @1.605 and 1.625 eventually. I think this trend is driven by USD weakness, not GBP strengthness. Stop @1.550
CRB Commodity Index seems to draw a"cup with handle", isn't it? Ok, if it's true, above 310 we can get a bullish signal with target 350, an interesting resistence level (short-term target @325). Stop @295.
Facebook seems to be narrow in 20-19$ range. Price's bearish, Volume's bearish ( minus per minus = plus?), momentum and strength neutral. We cannot say Buy or Sell, but Wait for a good signal with high probability. Upside above 20, target 22.45 (double short-term swing resistence), then 25.50 (close the gap).
EURUSD in uptrend, out of the middle bear channel to confirm a short-term positive signal. Mid-term is always negative (look at the wider channel). We expect first target @1.2680, stop @ 1.2260.
After 3,5 months in a sideways movement, Gold breaks up 1625 resistence. Based on technical chart we can expect a bullish short term uptrend to 1738. We wait for a closing value above 1625 to confirm the signal, with stop loss under 1585. The trend is correlated with EURUSD, that's in uptrend at the moment, above 1.2450.