Get started

Fundaments

We continue in down trend for USD for risksToday, for USD pars, we see a bad news for an US economy and there are risks and even a sell off. Now, let's me see to review what I found out in investing.com 1. Dollar and Risk currencies down amid second wave fears. 2. There are a risk hard in Dollar while the cal of storm 3. The U.S. consumer confidence rises as covid-19, unemployment shadow lingers (That is included a bad news for the situation of all unemployment in US) 4. And next U.S jobs report set to be even more confusing than montly pass, in that case May 2020. So, guys in summary this is a bad news for USD about the situation of rise of cases fo covid 19 in California with 3k a day, and also, New York and Florida seen a record numbers in the nation. Now, in my technical analysis, I see that USD.JPY has a formation of bullish butterfly, but rememebr that we entry in sell and trend. And the moment, we see in the price action of that show a reversal and continue trend bearish. That's all my technical analysis = fundamentals Let's me see a thing that I don't say in my other currently technical analysis. EUR/USD has a force to continue up. So, in that case I have a news for EUR. And it's to come down of there: EUR see a some benefit from Market safe haven demand. Amid news that a second wave of coronavirus infectios could begin, investors are more eager to look for safer investments to buy, but this movement is benefiting the EUR.
Short
by harisonhbn9718
EUR/USD Outlook (29th January 2019) EUR/USD broke resistance level Spanish Unemployment Rate U.S. CB Consumer Confidence Price Movement Since yesterday, EUR/USD has been moving upwards slowly. Trend EUR/USD is trending downwards. Macro Background The unemployment rate measures the percentage of total work force that is unemployed and actively seeking employment. The Spanish unemployment rate, released quarterly, is expected to be worse than previous quarter. If the data released is worse than expected, we may only be seeing a small downward move in EUR/USD since Spain’s GDP contribution to Europe is not as high as countries like Germany and France. The Conference Board (CB) Consumer Confidence, which measures the level of a composite index based on surveyed households, is expected to be lower than previous month. If the data released is worse than expected, USD may weaken and EUR/USD may rise. Important Issue None. Technical Yesterday, EUR/USD tested and broke the resistance level of 1.14138. Price Levels Current Price: 1.14360 Next Resistance: 1.14781 Next Support: 1.14138
by JinDao_Tai
MDA - huge volume, small cap, promising fundamentalsMDA saw lots of volume in the past weeks and has risen more than 400% percent followed by 50% correction. The volume has decreased since then during the correction. However, it is still significant (2.6 million for the last 24 hours) compared to its market cap (30 million). The fundamentals of the project are very promising and it has already functioning product with real impact on society. Due to the small market cap, further upside action is likely. A possible trading plan is as follows: Buy order (now) - 0.00024390 Stop loss - 0.00023446 Take profit (30%) - 0.00051299 Risk/Reward ratio - 28 Follow for future updates with next take profit targets!
MLong
by Fediculous