MCD has been caught up in the market tides but looks to be quite overvalued. Hitting this trendline from the fall, we're seeing this perfect channel that proves a great MCD short. WIth RSI and Stochastics pointing down, and given the current market volatility, I'm eyeing May puts for a short term swing!
Good morning traders, today we bring you our analysis of AUD/USD, since we consider that there may be some conflicting opinions about this pair as far as technical analysis is concerned.
🔸As we can see, this pair has been in a clear uptrend for more than a year.
🔸If we trace the bullish channel, we see that recently the lower trendline was broken to the...
Hi guys, another trade well executed on Wednesday which activated our TP1. once our TP was hit we monitored the trade closely to see whether we could achieve a higher high target but eventually we realised that price was going to pull back and decided to manually close our TP2 for a further 35 Pips. all together on this pair we have achieved a massive +70 pip...
Good morning traders, today we bring you our analysis on the EUR/USD pair, since we consider that it has upward potential in the short term.
🔸As we can see, the price has been in a downtrend since the beginning of the year.
🔸We can form an expansive channel in that direction by drawing the corresponding trendlines.
🔸This week, there was a break of the...
Good morning traders! We spotted a very interesting area in GBP/JPY and wanted to share it with you with this analysis.
🔸As we can see, the price is in a bullish channel.
🔸At this time, it is facing the confluence zone between the Resistance Zone and the upper trend line of the bullish channel.
🔸The price is still bullish, but it is a potential reversal zone,...
Invesco Mortgage Capital (NYSE: IVR ) is a mortgage REIT with a portfolio that consists of commercial and residential mortgage-backed securities, among other assets.
IVR ex-dividend date is coming up on April 8th. The weekly chart has just had its first highest weekly close since January and completed the cup and handle pattern formation. we can expect a good...
Good morning traders, this time we want to show you our long-term analysis in USD/CHF, since it is about to reach the bullish target that we raised a few weeks ago.
🔸As we can see, the price had been in a downtrend for almost two years, until strong demand was found in the support zone.
🔸From there, at the beginning of this year, the price started an upward...
Good day traders! Today we want to show you our daily chart analysis of the EUR/GBP pair, since it is behaving in an interesting way and we consider it important to take it into account.
🔸As we can see, for more than a year the price has been in a clear downtrend.
🔸All support zones along the way have been penetrated.
🔸About a month ago, the 0.8700 zone was...
Welcome to our weekly trade setup ( EURJPY )!
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1 HOUR
Bearish price action and pressure.
4 HOUR
Closure below main sr level.
DAILY
Very bearish price action, expecting more downside..
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FOREX SWING
SELL EURJPY
ENTRY LEVEL @ 129.290
SL @ 129.850
TP @ 128.480
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a...
