Fundamentals Japanese governor Haruhiko Kuroda has been on a mission to boost the Japanese economy from deflation, and was doing really well until 2014, when oil began to slump, which dragged on the growth of the Japanese economy. Inflation has since sunk to near 0%. Kuroda began introducing heavy stimulus measures to weaken the currency and boost inflation to...
Apple have consistently bounced off the 50 day moving average every time it has been met in 2009 and 2013, and I don't see any reason why it shouldn't bounce off it now. Coupled with this, the price has just hit a solid piece of previous structural resistance, as indicated by the black line. Could this be a potentially rewarding investment?
I think we may have finished retracing for now and heading down. -I want a break and close below the 4h trend-line in blue here -Coincides with fib 0.618 retracement -ABCD Structure in play -We just bumped our heads on major monthly resistance of 1.4000 and held below -A lot of long wicks around the 1.4000 too -Targets as shown -Another reason why we could be...
This is a monthly chart of TWTR . The last candle on this chart is the January candle. January is only half way over so this candle will change from here. This idea is based on the candle that exists on this chart. I have no way of knowing what the January candle will look like at the end of January 2016... TWTR saw its highest stock price in December of 2013, ...
This is a monthly chart of FB. The last candle on this chart is the January candle. January is only half way over so this candle will change from here. This idea is based on the candle that exists on this chart. I have no way of knowing what the January candle will look like at the end of January 2016... So you have owned some shares of FB for a while and you...
Prices have come down at discount for this stock in terms of fundamentals. In technical terms, the stock has completed A,B,C,D,E corrective waves, now it will have an impulse leg against its current move. I would estimate a target between 272-284 (61.8 retracement of current impulse leg move) to be achieved in 6-12 months. It is a great opportunity to accumulate...
Binary trading offers opportunities and risk is limited to your stake. Weekly long term outlook on GBPUSD investment strategy. Next week price of GBPUSD will close below previous week
SPDR® Barclays Long Term Corporate Bond ETF (LWC) fell out from 1-st standard deviations of quarterly (66-day) and 1-year (264 day) means, thus entering a full-blown downtrend. This scenario is only cancelled if price gets back within 1-st standard deviation from 1-year mean (above 38.7) Traders can take short positions off 1st standard deviations from quarterly...
USDCAD is currently sitting on Monthly resistance and i personaly expect bigger bounce to the downside because of very strong structure, BUT MN1, W1 and D1 doesnt look like it will reverse. We just got W1 123 and looks like it just started to moving to the upside. Anyway i draw both scenarios how to get involved in this trade conservative, but be carefull with...
CORRECTION: The entire Match Group is IPOing, and Tinder is a part of it. The IAC group owns more than 150 brands, including Ask.com, About.com, Investopedia and Tinder. Many of its brands have gone on to IPOs, and Tinder is up next. IAC just went through its ALL TIME HIGH on the news that Tinder will IPO. On a growth run since 2009, they are in a very good...
Have a bullish pin bar on the daily and weekly time frame. 200 EMA acting as magnetic support on the daily. Our upside target being 1.23650.
Short term targets on the downside, however key levels based on the Monthly chart 1.2000 looks ideal. I believe price would reach 1.100 levels. If the trend line is breached then we can see further downside targets 1.0500 then lower. However, once my short term target of 1.10500 is met I would be then waiting for PA confirmation for the long set up to 1.200.
Price currently hovering around key level 17.30. Waiting for PA confirmation to set up a short position down to targets as follows: 13.80 then down to 9.00. However, if price does break above 17.30 and the upper bound of the channel then our upside targets would be as follow: 21.30. However, primarily i believe price would decrease as the earnings are also...
Have a Bullish Pin par on the weekly time frame. As you could see the 200EMA is acting as support and the RSI above average. If 59.60 our first upside target would be 61.55 then 63.50. If price however breaks below 58.30 then we would be looking to go short 55.70.
Good opportunity for investors / position traders! Aud/usd hit major support trendline which might reverse in upcoming week so be prepared! Everything is on chart! Regards TradingYo
Usd/cad just broke the channel after hitting major PRZ (potential reversal zone) on weekly. Now we are waiting for pullback back to the previous channel low. Combined with fibonacci retracment 50 and 61.8 This could mean the first strong setup to the down side after long time. It is important to catch first setups of the new trend and it might go down so fast...