My bias for aud/usd is bullish. I was shorting this pair 2 times this week with small positive outcome. But bears have difficulties to push down, and we are entering bull area which means that there is better chance to go long than short. Enter at lows and take profit at last highs as showed in the chart.
What do you think? XBC / BTC 1 /1 Wooww!!
Weekly breaking out of downtrend line and holding Daily timeframe showing positive price action with increasing buying pressure new 50 day highs with above average volume!
AUDUSD is trading above all short term moving averages on 4 hourly charts. RSI and ADX are also showing upwards direction. One can go long around 0.7570 levels with stop loss of 0.75350 for Target of 0.7625
higher time frame is in defined uptrend with healthy pullback mid time frame is showing a rising ma after minor accumulation and weakening downtrend breaking out of downtrend line with positive momentum and volume pressure lower time frame is showing positive strength after price was overextended and pullback to intermediate moving average and working it way back...
higher time frame in defined uptrend with positive trend strength mid time frame showing continuation pattern in form of falling wedge=potential to breakout or breakdown continuing en route to apex lower time frame showing bullish price action making higher highs and lows as it test resistance area of 135.3x area first target 136.6x area and if broken next...
A high positive change in the number of people employed in Australia, push the AUD upwards, keeping a continuation in the upward trend that maintains for several days. www.investing.com
higher timeframe showing strong uptrend and excellent trend strength intermediate timeframe showing trend alignment and showed the breakout of resistance area 67.0x area after completing inverse h and s pattern with strong positive volume pressure measured move from head of pattern to neckline is a .55 move which should give projected target of 67.55 and extension...
-long term trend- uptrend and showing strength -intermediate timeframe shows trend is in an uptrend but slightly flattening -volatility is contracting.. pressing up on resistance area of 29.9x -not paying too much attention to rsi here because of stock showing strong trend strength. -positive volume pressure being applied -shorter timeframe is showing price action...
BITCOIN: BTCUSD Approaching major resistance at 2340- 2350 again. It has to break above 2350 now to remain positive and to re-open the way for 400 point rally back to the high
Bitcoin: Now forming a new better, cleaner pair pair of parallels and whilst above here medium term is positive - nearer term resistance above and needs to retest parallel one more time probably...but remains good whilst above that line
S&P 500: Positive whilst above 2409 with near term upside target at 2449-2450.
ALPHABET: GOOG This stock broke out above its restraining long term resistance line yesterday by gapping up through the problem area. With one bound Alphabet is now free. This is super positive price action, no question. It should also be positive for stock markets worldwide. What's good for Google is good for pretty much every bull - wherever they may trade
--daily time frame is strong..rising MA's and adx is showing strength in uptrend -intermediate timeframe showing strong uptrend with bulls in control on the steep impulse move and rising MA's -looking for a shallow pullback to retest 91 support area and entry -stop loss set at the intermediate term moving average -reaching support on trendline for rsi in upward...
BITCOIN: BTCUSD Bitcoin just won't quit, grinding higher and using lower parallel as rough speed line for rally. It still looks positive - moving higher as this is finished with new support now at 1957...so it's still a buy here
Nasdaq 100 Index: Nasdaq has come back within the original impulse wave that's been driving it upwards since mid April and remains positive whilst tracking within the parallels. But that's no reason to get complacent here.