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Technical-analysis

EURUSD Nex Gen. Technical Breakdown – Bearish Momentum?EURO vs DOLLAR 1.18000 Resistance held firm and Euro fell badly in the final days of Last Week on and on Friday Dollar took massive strength and Euro plunged and closed above 1.16 level. Personally, Waiting for it to make new lower high because it has broken below the Daily Bullish Trendline and we could Sell it then to 1.154 Strong Support. Further will be looking for price action to make moves. if you find this analysis useful then comment below and let us know ;)
by QuickPipsForex
Alert: Dow Transports $IYT Stall And BreakdownThe Dow Transports (IYT) are catching the eye of pro trader today because of a significant break lower. The iShares Transportation ETF (IYT) broke below the daily 20 moving average on higher than average volume. In addition, the breakdown has taken the transports below the January 2018 pivot high. This move below is a major indicator of trouble for the overall market. Pro traders are keeping a close eye on the transports for the remainder of the day and discussing getting much more defensive. The transports are looked at as a major leading indicator for the domestic economy. A sharp drop in the transports will likely signal a coming drop in the stock market. AMEX:IYT Gareth Soloway
CBOE:IYT
by inthemoney
#SYS/BTC Looking like recent accumulation looking for some breakTrending upward still and above kumo support cloud, fisher crossing and starting bullish trend upward, CMF topside flip recent and accum/dist diverged, ADX above 25 with DMI bearish yet looking to cross soon. Quite overview TA looks like may be good for an entry with some buying of the dips! Buy: 0.00001600 area Sell Target 1: 0.00001700 Sell Target 2: 0.00001743 Sell Target 3: 0.00001819 Sell Target 4: 0.00001942 SL: 0.00001444 Duration: 1-4 weeks Risk: 6/10 | 8/10 Sincerely, Scott Cracking Crypto Technical Analysis Join our trading community on Discord! Follow me on Steemit! Follow me on Twitter! Follow us on Facebook! I'm not a financial adviser. The information here is for education purposes. Trading and investing are wonderful things to do, and it's OK to take advice and to learn. I'm glad you're here right now reading this, educating yourself. Don't take my word as the gospel, and be careful. All investment and trading opportunities carry risk, I'm sure you reading this have the potential in you to profit from a careful trading plan, and wise investment choices. Do it right, do your research, and don't trade stupid. Very best of luck to you!
Long
by CrackingCryptocurrency
Technical + Fundamental Analysis on GBP/USD Current technical analysis on GBP/USD shows a resistance @1.34428 and current resistance @1.34428 using the Parabolic SAR + Average Directional Movement Index strategy; it shows the DI- line intertwining with the current ADX line as the DI- line is hovering way above the DI+ line. Candlestick pattern 'Three Black Crows' has confirmed this current strong downtrend , which validates and confirms a sell opportunity. As well as the Parabolic SAR indicator, the previous 11 days were bearish indicators which show a strong bearish trend. Current fundamental analysis on GBP/USD shows U.K Current Average Earning Index measurements, Average earning index measures the % change in price of labour for the government & businesses. Higher than expected % rate shows bullish sentiment where lower than expected % rate shows bearish sentiment. This month's current result was lower than expected with a result of 2.4% where forecasted results were 2.5% t which further validates GBP/USD's bearish sentiment.
Short
by forexwithfred
[MU] Please CritiquePlease point out the wrongs with this analysis. Arguments of an unforeseeable event are going straight into the trash if they aren't substantiated by anything, like for instance change in sentiment. Argument 1: Past couple of runs have started with touching the support as highlighted in the image above. Argument 2: Past couple of runs have, roughly speaking, started in-between earnings. Argument 3: The stock has had a tendency to make a run, touch the resistance, reverse, retrace(in the reversal) and then run again. Assuming that the behaviour will continue, we should expect the start of a run right now. Note that there is relatively high volume around the 63.42 resistance which would make it a good exit point, Argument 4: MACD is converging which might signal the beginning of a run. With that being said the MACD's last signal was false as it was a retracement. Argument 5+6: The stochastic oscillator is indicating the beginning of a run. The light blue blocky line is the RSI and has bottomed seems to have bottomed considering historical reversals that indicate the bottom to be around 35-40%. Again, critique encouraged. Cheers!
NASDAQ:MULong
by hurryupwithmydamncroissants
9
Demark Setup Perfection Sell with Wave 1 RecoverySPY and QQQ have generated Demark Setup Perfection Sell signals on the daily charts. After a bit of a capitulative blow off higher we then turned down for three consecutive days as part of Wave 1 of the 5 waves down. We've since bounced and retraced 50% of the move (as of this writing) and can get up to 61.8% level before turning lower. Coincidentally we are going into AAPL earnings this evening and the rest of FANG has had some issues thus far, it leads me to think wave 3 down (the most violent wave) will be triggered by missed earnings. We are currently short with our initial short entry, and looking to add to our position here another small chunk, as SPY and QQQ continue to prove us right or get stopped out and look for the next swing trade. Currently Short 1/4 at 280 Adding 1/4 position around 282 level then will sit on the short to see if it plays out as Wave 3. Due to the low volume time of year I'm not taking larger positions than 50% of my full typical allotment
AMEX:SPYShort
by ChrisD_Macro