Curently, it is not exactly in a Long position. But it enters the buy signal at any time.
Look at the chart carefully. every thing is ready for good growth
with using of MACD & RSI, the price chart goes down. but with combination of Fibo retracement & trend-Based Fib Extension, The price chart shows that it will increase to 50 and 51 thousand. it depends to your strategy.
The increase in US natural gas reserves over the week was less than expected. Will the NATGAS quotations grow?Further growth of quotations is possible in case of increased demand in the US and the massive closure of short positions.
Getting ready for parliamentary elections in the UK July 22, 2019 in the UK, members of the ruling Conservative Party will vote.Will the British pound quotations grow up?
Getting ready for the publication of statistics Weak macroeconomic statistics was published in Switzerland. The British authorities are going to take measures to stimulate the economy. Wil the GBPCHF quotations grow?
By My Perception, the trend is downward. wait and see...
According to the Chart, I think the trend is downward. I examined it with some factors.
Every thing has been indicated in chart by its indicators and oscillators
I examined it with some oscillators and tolls : 1- "OBV" has formed a negative divergence. 2- "Fibo time zone" confirmed a new pivot . "Gann Fan" indicated a resistance area .
I examined it with some indicators and tools : 1- "OBV" : has formed a negative divergence . 2- "Gann fan" indicated a Resistance area 3- "Fibo time zone" also helped us to take this decision
Inflation may accelerate in the Eurozone Mario Draghi, president of the ECB, said that he expects inflation to accelerate in the Eurozone. Amid this, the euro rose to a 3-and-a-half-month high against the US dollar. Will the EURCHF rise? Their increase means the strengthening of the euro against the Swish franc
According to the chart , I describe the trend is bullish : 1- 3 Indicators comply with my analyses 2- I indicated the goal with overlapping of two FIBOs 3- Stop loss is 72.391