EURUSD is bearish after bull's rally. An optimistic approach for the economy shows its effects on the pair. For the downside confirmation, we'll need to see the price break 1.12037 price point down and create a lower low under that level. Trade on your own opinion.
The $DJI (Dow Jones Index) has set a temporary double-bottom Support level at 25089.30. DJI has been in a daily uptrend for the past two months, and is seeking to test Resistance levels above the current price. However, bearish fundamental news over the weekend could cause the DJI to instead fall and test Support levels below. Resistances: 25951.30 and 26300.20...
Congrats to those that took the original break. We hit the first target at around 20% to the good yesterday. The retrace was also quickly supported and still remains bullish. (The original call out was for an ideal target of 45% and we are tracking nicely towards it) I'd like a retrace prior to re-entry but another break could also prove highly profitable as...
Unclear at the moment but will be watching the price at these trend lines for a potential large drop down to the major support level. Please let me know any thoughts!
Zil has been the gift that keeps on giving for the last couple of weeks and those that aren't already holding may be seeking an entry. The dip across the board last night created an entry window but it was brief to say the least. Possible entry opportunity coming up- (Charting short times frames isn't ideal but these 1 hr candles seem to work for this idea)...
DATA has been on a consistent retrace since falling through support about a week ago. As this retrace meets the lower support look for the potential break to the upside. (Watching for a positive retest of support or break where indicated) 25% over the next 7 days is not out of the question here but remain cautious, *those that longed early may be looking for an...
One to keep an eye on here. Tiny break previously rejected quickly so tight SL in mind if taking positions. I'd rather be buying in on the support but potential here for some solid gains if it breaks free from current trend. As always, not financial advice. Just my own TA. Thoughts and feedback welcomed. Bingaz.
Volume has been steadily decreasing for 9 consistent weeks. We expect the new Unemployment report on the 5th of June. I am a complete noob and due to my close to textbook understanding without too much technical analysis I would arguably say that what is happening right now is too easy to spot. Therefore, a lot of people believe this will crash hard and this is...
BTC/USD is decreasing now but I think it's going to increase during the day. BTC/USD is going to test the VWAP and break it before increasing. BTC/USD to watch carefully.
CADCHF LONG. PRICE MADE A STRONG BULLISH PUSH AFTER A STRONG BEARISH MOVE. SELLERS ARE CONSUMED, THE LAST BATCH OF BULL ORDERS ARE GOING IN AT THE 'C' LEVEL OF SUPPORT(DEMAND)
Let us again look out on how XLE is shaping up (previous analysis attached for your reference) Price moving just as expected, as evident in the charts, we had support on $ 53.36 levels , which was 24th Dec 2019 low. Price closed at about this level over the last few weeks but during the week, this level was breached. Minor cycle low formed 27th Jan 2020, 2 weeks...