Gold Prices Decline as China Manufacturing Data Lifts Confidence China's Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) rose to 50.8 from 49.9 in February. That was the strongest reading in eight months and followed an uptick in the official PMI, which tracks mainly state-owned enterprises. The data suggested China's ailing manufacturing sector is...
The broader outlook for GBP/USD is no longer bullish as both price and the Relative Strength Index (RSI) threaten the upwards trends from late last year, and the advance from the 2019-low (1.2373) may continue to unravel following the string of failed attempts to close above the Fibonacci overlap around 1.3310 (100% expansion) to 1.3370 (78.6% expansion). Recent...
The British pound had a very sensitive downward breeding. But as you can see in the table Pound could not keep the seller under the price of 1.29 - 1.28 and continued its positive rise by creating a scalp ... Now the buyers have a very high share in this fall in prices
The daily chart is looking to have a positive improvement, supported by tweezer bottoms also IMO. FYI: This pair closed above 1.3100 on the hourly chart already, and now this opens 1.3200 again. Buckel up and manage your Vote Brexit Parlament: www.theguardian.com
Elliot Waves Target Buy Short Term 1.324
TVC:DXY DOLLAR TO CONTINUE TO TRADE HIGHER IN DAYS AHEAD The US Dollar index (DXY) reversed last week after hitting confluent support by way of a trend-line and the 200-day MA. The underside trend-line remains a line of significant interest as it holds together the bottom of a developing ascending wedge. The wedge may take a couple of months or longer to fully...
Back to daily pivot @ 1.13216 and most probably (H+L)/2 of H4 mother bar @ 1.13398 has to be touched. days range. 1.1332 1.1257 NOTES: My strategy is Buy low & Sell High ...
This started out as a joke about a week ago but I think it has proven to be a rather accurate description of the mood in cryptocoin markets and how many of you probably feel when looking at those convoluted charts with hundreds of indicators - all showing what happened, none telling the future. NB! This chart can and will be used against you in coming days and...
Bart patterns and such a manipulation is going on, we may bounce back a bit and then go straight forward to 6600. In previous analysis we did not hit the support levels which was 30% chance, but going above 6360 as i mentioned with 6400 breakout (My sl tooked) This may change a game for a short time only.. Or we may see another bart thing on the 6600 ? I could...
the head and shoulders PATTERN shown a downtrend to 7.300 the simetrical triangle has an amplitude line wich indicates the same objetive The same is indicated by Fibbonacci ext. 7.300 Besides, the elliot waves indicates that we just are starting the C wave (the longest corrective wave) Besides, we can see, the a to b channel is just a flag
This is how i expect Gold to go, Up till that trendline, then down to HELL :D My Tp(takeprofit) for longterm will be 1230 ;)
Same scenario as Gold will happen to Eur/Usd too, it will go up till that trendline, then Boooom down to HELL :D My Tp's for longterm are those: Tp1: 1.10500 Tp2: 1.09650 BeratTp: 1.0810 Thanks me later ;)
Here you go, oldstout... Heaven is kept in black coloration since it is no option. Only way is down from here. See you in hell ;) Happy Tarding!