GBP/USD, GBP/EUR, GBP/JPY, EUR/USD, USD/CNY, DXY
VAST RESOURCES PLC ORD 0.1P, WISHBONE GOLD PLC ORD 0.1P (DI), OILEX LD ORD NPV, HERENCIA RESOURCES PLC ORD 0.01P, LOCATION SCIENCES GROUP PLC ORD 0.01P, BEZANT RESOURCES PLC ORD 0.2P
FTSE 100, DAX Index, Euro Stoxx 50, S&P 500, Nasdaq Composite, Nikkei 225
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Short UK100 due to Pound strength and EMA's.
Bearish trend on D1 and H4. EMA crossover to the downside. 2:1 reward to risk.
EMA and price action based analysis
Price couldn't remain above the 20 EMA to cause a change to the upside, showing downward momentum and confirming a sell order.
Oil had a sharp retracement and is now consolidating on my EMA level. It has showed enough support and buying momentum for me to enter a long position.
Strong bearish pin bar, retracement to the 20 EMA and firm rejection and plenty of downside.
EURCAD has been very bullish and has completed a retracement back to the 20 EMA where it has paused and started to consolidate and is showing signs of an upward breakout. However there is EURO and CAD news tomorrow so might be worth waiting for that to clear before entering. Those purely technical traders, it is ready for entry.