Swing-trading
GOLD: The turnaround dates have been set!Cyclical Analysis on Gold (XAUUSD)
Precious metals and especially gold are undoubtedly an extremely popular speculative product.
If you look at the past trading days, on the other hand, there wasn't really anything to tear with this underlying. A certain volatility could only be found in a very small time window, which made the establishment and management of larger positions difficult or even impossible.
But don't worry, the volatility is coming back!
Turning dates of the coming days!
A calculation for the upcoming turnaround dates can be very useful at this point, as corresponding highs and lows can be determined in advance.
The low of June 18 came exactly with a tolerance of 0 days. This was followed by a reaction high, which arrived with a tolerance of one day. Next low is expected around June 30th (+/-). Means in detail: We reckon with (at least) one stitch through the lower limit level (green zone). The price will then recover for a few days and fall back into a sideways range. The massive increase is not expected until mid-July.
(Our turnaround dates have an average tolerance of 3 days. In 80% of the cases it is 2 days.)
Note:
Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided.
USDJPY Will go lower from resistance sell!
Hello,Friends!
In this market situation, I am looking at mutiple indicators
And I can see bearish momentum accumulating on the pair right now
This setiment makes me bearish biased and I am considering a short
Like and subscribe and comment my ideas if you like them!
FDAX analysis: turnaround dates and important zonesCurrent analysis of the FDAX - view in the H4 chart
After reaching the all-time high on June 14th (at 15,806 points), there was a lasting break in the upward trend channel when the turnaround date arrived on June 18. Since then the FDAX has been in a correction mode, which from the point of view of the cyclical calculation around the 25th / 28th June (+/-) should end with the formation of a low.
Since we do not act purely on turning dates within our swing trading strategy, factors such as the market environment, dominant players, chart technology and the corresponding activity zones must be included.
The areas of support and possible course targets at 15,530 and 15,430 as well as 15,290 points (green zones) are to be named as activity zones.
Only with a sustained break through the upper limit level (red zone - 15.630 / 15.656) would the current short-heavy environment clearly brighten up again.
As mentioned, our cyclical calculation is trend-setting, so that after stabilization tendencies there should be a change of direction today or at the beginning of the coming week.
(Our turnaround dates have an average tolerance of 3 days. In 80% of the cases it is 2 days.)
Note:
Despite careful analysis, Global Investa does not accept any liability for the content, topicality, correctness or completeness of the information provided.