Educational/ Testing purposes only. No market insights.
Educational/Testing purposes only. No market insights.
Educational/ testing purposes only. No market insights.
Educational/ Testing purposes only. No market insights.
Educational / Analysis purposes only. No market insights.
Educational purposes/strategy testing purposes only. No market insights.
Educational / Testing purposes only. No market insights.
Educational/ testing purposes only. No market insights.
Educational/ testing purposes only. No market insights.
Educational/ testing purposes only. No market insights.
Educational/testing purposes only. No market insights.
Educational/testing purposes only. No market insights.
EURGBP has recently broken its 0.86000 support level and, having been in the distribution phase for the previous 10 months now, we can expect it to move downwards, starting the decline phase. Be advised that this is a long term setup and we cand expect a couple of strong corrections on the way down.
The Brent Crude Oil gives us a couple of clues in regard to its recent upward momentum loss. The distribution phase may have already started, a descending triangle is clearly visible and the price has found resistance at 68.000, 67.000 and 66.000 psychological levels. I expect it to break the support and then head downwards.
I am just testing out a stategy here. No market insights.
I believe that if prices breaks out downwards out of the 0.7050 - 0.7100 psychological zone, then we will see it start to fall.
I have already predicted the fall of EURRON a couple of analysis earlier, but it seems to me now, more than ever, that the beginning of the decline phase is just around the corner. Let's see how much it's going to go down.
Let's see if CADCHF can break the support and then head downwards into the Decline Phase of the cycle. The direction is currently not clear, price being squeezed by both bulls and bears.