Earnings Announcement Tommorrow, P/E Ration- 9.01 Technical- 52 week Low $11.66 | 52 week High $19.36 EXTN
Gold hit previous targets at 1263-1265. Upside movement could be limited towards 1288-1290 areas. Break of previous high of 1304 might suggest that a bottom has been achieved already.
Gold starts rising again after the ABC 335 correction. It seems that the first five wave up has finished. The fifth wave formed a rising wedge. Gold might pull back for the following days. After the pull back, it should go up again. The potential target for the pull back are labeled in the chart. Trading plan for the pull back: Go short at 1276.1 with SL at...
EURUSD is believed to be on its corrective stage. Temporarily, price is anticipated to go up, around 1.1216 - 1.1240. Overall, trend is still down.
Bullish Gartley pattern in a consolidated market. Larger trend is bearish so may want to opt for more conservative targets. Stops go behind X.
Bullish Cypher pattern in a consolidation. Larger trend is bearish may want to opt for conservative targets.
Traders, UPDATE: Well done to my signals members who took my trading plan with this one, we still continue to see good upside and good profit. Expecting some upside off of nice bullish momentum. We have had a nice morning star signal on the sideways support trend line, and a great Fibonacci ratio confluence support ceiling underneath the level, making the level...
- Risk 30 points for potentially 180 if the move lower materialize at 8780 - Invalidated if we break above 8830 - Larger TF remain bearish
Gold is still contained inside a bearish channel. Downtrend might continue until 1240-1230 area is reached. eeetradinganalysis.wix.com
Price action is currently in previous structure (blue box) on approach to test the 61.8 and 76.4 fib levels where a correction is still possible. Both blue boxes which indicate past structure align with the key fib retracement levels for an entry long. Price action breaking these levels indicates a clean short entry down to 1.12151 and then onto the next weekly...
The S&P Index is hovering above the 2068 mark which remains a crucial support zone at the market, measuring 3 multiple tops since early 2015 the S&P index is likely to test its 4th Monthly top in early 2016 at 2105 which is very likely to test in a few trading sessions. From measuring the distance between June 2015 lows to early 2015 tops, we have a 9.23%...
GBPUSD still in a corrective move. Short term, we are long. But limited. For details, visit our website: eeetradinganalysis.wix.com
AUDUSD has more to go to the upside. For more details, visit our website: eeetradinganalysis.wix.com
Steep correction fro wave 2-3 into wave 4 which is now in view at 1.11433. At this point price can correct back into the upward structure to the 1.14635 level and beyond or it can break down further to 1.11000. With high event risk next week price is likely to consolidate between 1.12189 and 1.11433 before a news release acts a catalyst to force it up or...
Potential downside set up with poor US news being the catalyst for a correction from wave A - B (50% fib 11912 area) for a resumption of the down trend towards wave C (monthly resistance at 11720).
Wave 3 completed Thursday with wave 4 now in sight at the 1220.00 - 1210.00 level where a failure to break the daily trend line and/or weekly support indicate an impulsive upwards wave towards 1283.71.
GBPUSD is still trapped inside a big triangle correcting. For details, eeetradinganalysis.wix.com