Using RSI and CCI indicators, Weak form EMH and my 'gut feeling' to suggest a rise in Twitter's share price lasting (at least) until early September but will be holding until the second last week of August. Bought 3.62 shares LIVE.
GBPUSD FIB RETRACEMENT -- 61.8% Level -- Hit Support and looking for a jump over the next 5-6 hours to hit 1.3300 (0.35% ~)
Strong jump from US Inflation Data at 2.2% (Weaker than Consensus, retail sales UP)
Crude Oil SHORT TERM BEFORE EIA Release 9/8/2017 - all short term technicals SMA-200 and CCI related - WIll be long WTI Crude (CL1!) and Natural Gas (NG1!) tomorrow. I will also be watching the EIA Gasoline figures on release and decide from then.
The 1H chart shows a support around 1.175 and 1.173 which was hit on the 31st July and again post NFP data on the 4th August.
Using FIbonacci retracement, I predict resistance at the 61.8% which will break lower towards the 1.175 price as my first target and 1.1733 as my second target.
As we edge close to the 200 day moving average, which the price will likely...