Very hard to tell. We're right on the lower bound of this ascending triangle, we better bounce off to new hight tomorrow. 2900 is key. Breaking down this trend line could lead to - at least - revisiting recent lows (2300).
Since the end of January, the NAS100USD seams to be shaping a head and shoulder formation that would suggest a strong downwards rally in the upcoming weeks or months. Considering the current world situation, with so many open fronts - from the tariffs on China imports thread to a not-so-clear meeting with North Korea's leader - the end of the current...
NASDAQ (NAS100USD) has been under strong pressure recently. It may probably get even worse over the next days now that a trading war is around the corner, though it can still (doubtfully) be avoided. Notice the divergence started on January 29th with the RSI suggesting the downward could extend several weeks or more. I would trade carefully this movement as...
I would suggest Bitcoin now needs to prove itself this week by breaking the downtrend started on December 17th. Should it fail to cross that downtrend, further retracement is to be expected.
After several contacts with the 66.5 level by end January, oil is headed back to that region once again. Resistance is expected around the 63.3 region as this had been a strong support level before. During an eventual retracement, the 60.8 region can be a good support or, if this support fails, 58.20 should become its last support before heading even lower as...
The EURUSD has recently been building some support near the 1.23 area, maybe to try to go past the 1.25 area toward 1.30, presumably sometime in the upcoming weeks. I would wait for a more favorable stochastics and RSI which would definitively help it rally towards his target (last visited December 2014). Some resistance is to be expected near the 1.25 area but...
Starting on February 6th, seams like Ripple has gained back some momentum that keeps pushing it higher. After an initial +90% rally, momentum looks good enough to keep it pushing higher.
Notice the divergence from February 2nd to February 6th hinting a trend reversal that ended up rendering perfectly. Although the support level from February 12th doesn't look too...
The US Dollar Index (DXY) is due to rally up next after finally encountering a strong support at 89 (in blue). This support also sits on the 0.618 Fibonacci retracement level. Should the bounce be strong enough to break the recent downtrend (in orange) established since the beginning of January 2018, it may try the 100s area, after facing some resistance near the...
