UNION BANK OF INDIA UPCOMING LEVELSHi,
Here I am sharing NSE:UNIONBANK upcoming support and resistance.
Note: This is my personal analysis, only to learn stock market behavior. Thanks.
Union
unn is going to zerovery sad. So much potential. Charts don't lie though. Bonded is going to zero as well but I don't have the energy to do ta on that one.
$ROSE LONG POSITIONHello everyone,
I think the downtrend will end. Also, I think it will at least touch the uptrend.
Union PropertiesChange of momentum and bearish now its at the support zone, if it does make a solid green candle that will be a good sign that bulls are here but still not bullish, i will trade this stock crosses a solid resistance of 0.30 area and retest it to confirm the change in trend. Till thn lets stalk this stock and wait for a nice buy chance.
Hit like & follow to show your support.
Historical breakdownEURUSD historical breakdown anatomy.
That trendline channel accurately connects historical lows going back to the launching of EURO in 2000.
The rest of tools used are static and plot automatically ahead of time. It is remarkable how price responded to those pivot and IB levels.
For educational purposes only.
EUR broke downDeMark - Sperendao analysis of EURO index. Here we weighed EUR versus 2 biggest world currencies US dollar and Japanese yen . Clear signs of bullish collapse. We identified the right TD supply and demand points and analyzed the monthly structure. Breakdown of the major TD supply line occurred in July - August 2019 and it was confirmed by retest already in December. After passing through the most recent TD demand supply line (which is weak as it is flat and is expected to be broken due to the previous action) we should see price trending to 2000 lows (0.84 and might be below but I will just leave it here:) and considering volatility I would not be surprised if we would get there with 3 monthly candles. EU (EEA) crisis is only developing.
Top Absolute Correlation EURUSD M
1. EURUSD - USDX -96.8%
2 EURUSD - USDPLN -95.8%
3 EURUSD - USDCZK -92.7%
4 EURUSD - EURSGD 88.9%
5 EURUSD - EURCHF 86.7%
6 EURUSD - USDSGD -81.6%
7 EURUSD - USDHUF -79.9%
8 EURUSD - EURJPY 78.7%
9 EURUSD - EURCAD 74.7%
10 EURUSD - HK50 70.5%
Top Absolute Correlation EURJPY M
1 EURJPY - SGDJPY 89.5%
2 EURJPY - EURSGD 86.1%
3 EURJPY - EURCHF 82.1%
4 EURJPY - CADJPY 81.3%
5 EURJPY - EURUSD 78.7%
6 EURJPY - USDPLN -77.8%
7 EURJPY - CHFJPY 76.4%
8 EURJPY - USDCZK -75.9%
9 EURJPY - NOKJPY 74.1%
10 EURJPY - XAGEUR -70.8%
EURO on the edge of historical collapseTradingview hides EURUSD absolute low of early 1985.
Even Investing.com will not reveal it to you. Investing.com provides a close for 1985 and possibility to draw a trendline.
You can see it using Fxtop.com historic chart and then use investing.com to draw that trendline.
But that historic trendline runs the way I plotted now - the right end is even slightly lower.
At any case March monthly shadow did test it - hence the violent bullish reaction from the European Central Bank.
At this point it is hard to make any technical prediction because we are dealing with the European Central Bank which can easily push the price.
But we are on the very edge of historical trendline.
If APRIL candle closes below that trendline that will change EURO history for years to come - a close below will break 1985-2020 EURUSD uptrend (by modern definition of technical analysis) that lasted 35 years.
Even we move below that trendline in April it is still not guaranteed that we will stay there.
April monthly close below is necessary and May candle (being bearish) has to validate that as well.
But I will not be surprised if this breakdown occurs considering the situation in the EU. Even on small April volume EURO keeps flying down.
ECB can push the price but not control it.
Union Properties - DFMIntra Day opportunity for Union Properties, this stalk in on my watchlist and is showing good short term uptrend and i had taken a trade on this last week and was profitable. Now watching it for the next move! If you like my TA hit like
Big move ahead in Euros.First try, with the break of a new highs.
Entry here at 1.09551 with stops at 1.08732
If this breakout could be sustained, keep holding it. You're in a rocketship folks!
beware, dollar bulls!
The key will be holding above 1.09676 (previous highs) and oil rallying..
Game theory, Market prediction, Obama State of the Union & WarFor some reason tradingview published my idea as private. Here's the link the details on game theory prediction as to this coming year.
The food crisis prediction has been long in the making, and has been foreseen for 2016-2017 three years ago.
Looking for market data access with 1 second resolution or less, willing to share.
link to: Has P. Obama signaled Market Top with State of the Union speech?
