EURUSD broke the support at 1.1290 but recovered strongly and now being traded within the 1.13-1.13300 trange. My bias on this pair remains bullish but I don’t think the EUR could do that and head up back to 1.14+ in the medium-term. Therefore I set selling order at 1.1350+ with stop loss at 1.139+. When I was writing this post the EURUSD hit the 1.133 resistance...
Yesterday’s buy signal on EURCHF is running good at the moment. The pair is in quite upside trend now. I first gave it a try last week when it broke the bullish flag upper wedge. D1 charts 1.1038-1.1047 is strong support so we’ve bought again at the retest. I am working only with price action here, no other supporting tools. Franc is losing ground against all of...
You remember near-perfect correlation with EURUSD? Frank has been descending since 2015 and still in the channel. It has recently touched the lower edge and bounced off which is quite predictable. The daily hammer candle proves that. We’re now halfway done to 9658+ (the blue highlighted area). I don’t a guarantee a clear road to that upper edge. I am waiting for...
at these stage spx is on a no go zone , on up side price action is sitting on big resistance around 2095 and a fib level a couple point above that and below it face as support and it quit a BIG one that have been defended for quit some time now but it will be very interesseting to see wich side it's going to actually go , on either side they are big target long...
As you can see, GBP/USD bounced off the uptrend line AND the bollinger band's bottom. I believe that we will test the middle of the bollinger band next week, which is around 1.5650 right now.
There is big o engulfing bullish candlestick on the daily chart. I see a possible head & shoulder formation on the 4h. - The 1st trade is already place. - I'll be waiting for bullish candlestick formation on the second trade to get in
Trading today has been bearish for the stock as people take profits near resistance. However, the Chaikin Money Flow (CMF) is above zero which says the bullish trend is still in effect. The CMF operates regardless of how bullish or bearish market participants may opine to be one day or the next. As seen on the chart the trend remains upwards as the CMF is above...
Business is expanding, they opened a new bitcoin vault in Europe to complement the secure storage vaults in North America. From vault51.bitcoinzusa.com The company has developed a offline storage system for Bitcoin users, which is represented by a Physical Bitcoin. The electronic Bitcoin is stored off-line in a secured computer chip known as Vault 51 and...