Adobe has been one of those interesting plays on cloud with making their products exclusively available on subscription based. Effectivly it looks that an 2 years subscription is worth as much as their complete adobe suite. We seen the effect of those changes already and with ever increasing user base (attributed to good positioning for mobile, design and video...
On a day chart we found a Cup&Handle formation, it is more clearly confirmed on the longer time frame for example on a week chart. Stoch RSI also indicates further ascending trend. The price is above ichi cloud which is also a good sign. Beyond TA, fundamentals for this coin are also great. OMG is an ambitious and clever proposal for Ethereum PoS scalling...
Cup&Handle pattern was broken and now the price is testing the lower edge of rectangular support zone 1. The price is below ichi cloud which indicates further decrease, however the coin is currently oversold and there can be a rebound which will form Double Bottom pattern. This will create a strong support level around the signal's stop loss zone 0.000550, from...
Canada supplies the US with 38% of its oil, then Saudi Arabia at 11%. A short-term hike (probably 12 days or so) in oil prices will give a boost to Canada's bottom line, essentially placing more demand on Canadian dollars. This demand gives strength to the Canadian dollar. That strength pushes down the USDCAD pair. I'm neutral on this until the tropical storms...
Awesome project, showing oversold and ready to start bull trend. Definitely worth accumulating, its a strong buy & hold. Will DEFINITELY be worth more!!!
First analysis and welcoming all types of honest and constructive feedback! Technical - High buy orders on a ranging monthly is due for a increase in sell orders (Short) - Holiday season correction is already priced in (Quick long followed by short) - Strong resistance @ 1.08-1.10. Fundamentals: - Chinas "de-dollarization" by allowing the oil imports...
Daily outlook - NZD/USD tries to reach 0.7310 The rest of the previous trading session the New Zealand Dollar expectedly spent in a gradual advance against the US Dollar, trying to reach the weekly S2 at 0.7310. At the moment, it still has not reached the target even with the help from a release of information on the US CPI. On the other hand, such...
This chart is a bit tricky. www.mql5.com It appears bearish long term, however with stocks making new highs many maybe a bit scared to go short this pair. I understand fully on this fear. What scares me is the huge amount of retail longs in this pair. Its about 73%, I do not remember the last time a pair rallied when the retail traders where one sided to this...
We enter short on EUR/GBP @.8510 with initial target of .8431 which hit this morning asia session. Half of the position is closed and stop-Loss move to break-even, rest half of the position is open to take the advantage of Expected H&S setup yield. We were expecting Euro weakness in-line to fundamentals, mentioned in our EURUSD article as well.
chart analysis - Trend - Bear 26 out 28 three day Candles RED - 3 months non stop price is going down. A recent rejection at Resistance which has happened multiple time consistently over last few months in a few defined descending channel Overall Market sentiment Unnecessary hardfork splitting chain, multiple bugs, no apps except the notoriously failed DAO...