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Weeklymarketsanalysis

USDJPY - Weekly Market AnalysisThe yen could strengthen against the dollar further as the dollar starts to turn weak on weakening Fed hike expectation. USDJPY was seen breaking below a symmetrical triangle and a demand zone was created as a result which may aid the price to fall further. The dollar may retrace higher at the beginning of the week and that will cause USDJPY to retrace back into the demand zone. When that happens, wait for a clear reversal signal to short. The price will most likely fall beyond 112 into a 3-month supply zone.
by AlgoVenture
DAX: WEEKLY OVERVIEW! Look at his divergence!#Buychance?Hey tradomaniacs, quick a weekly overview of the DAX. It all plays out as the S/H/S-Pattern pre-determined. Technically we`ve seen a decent correction and sell-off below the 10.000, which has not been touched for more than 8 years. The sell-pressure is more than obvious and clear. But can we recover? Is that a trigger for panic? Or rather a chance to buy as cheap as never before? NOONE KNOWS! My first target is the 10.583 and should be the next decent support-level! But what about the US-Markets, whose seems to be upbeat not willing to violate the previous lows of the year? If we don`t head downwards the DAX could possibly get "support" by the Wallstreet. During the last week we`ve seen alot of important news that could support the wallstreet this month! 1. OPEC finally agreed to reduce the discharge of oil by 1,4 mio barrel a day. 2. NFP-Data way worse than expected. A weak economy means no the FED could possibly abstain from its policy and decrease the amount of rate hikes, which would weaken the US-DOLLAR and push the economy (still liquidity) and oil! But there are still important things like the brexit, tradewar, italy and so on! What will happen? Noone knows! For now, I`m still bearish but I see the potential auf a change before we crash next year! :-) ----------------------------------------------------------------------------------------------------------------- Leave a like and a comment - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
XETR:DAX
by Trading2ez
BITCOIN UPDATE: A possible path of Bitcoin to the bottom to 3k?Hey tradomaniacs, Keep bleeding, keep, keep bleeding love.. - Where will go we go? - Where is the end? - When is the price low enough for the big banks to seize? We don`t know but ther is ONE fact and ONE advice for everyone! Don`t try to catch the bottom - or rather.. don`t try to catch a knife! :-) Be patient.. as soon as the see a trendchange we might get a chance to stack up our positions! :-) But for now, we`ve gotta wait and see how much BTC can bleed without getting knocked-out! We will survive my friends! ---------------------------------- Leave a like and a comment - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me! Any questions? PM me. :-)
BITFINEX:BTCUSD
by Trading2ez
2
EUR/USD: Weekly overview - The way to parity & S/H/S-Pattern!DAX: Weekly Overview! Chance to get back to 12.000 increases! Hey tradomaniacs, WELCOME to the outlook of EUR/USD. The currencypair EUR/USD seems to continue it`s downtrend and could move down to parity. Fundamental reasons could be the siuation in Italy not willing to desist from its high budget-plan (indebtedness) which got rejected by the E.U. which is forced to come up with consequences such as a excessive deficit procedure. The second reason is still the Brexit and it`S possible harsh outcome. Technical aspects: Within the last 5 weeks we were fighting at the important mark of 1.14 and mostly closed below this level. THIS price is a very important support-level as you can see in the history when the market went up and down in a sideways trend. The market tested the Fibonacci-Retracement of 61,8% (PHI) @ 1,12144 and bounced back to test the area of the previous low in MAY 2018 @ 1,15. The respected 200 Moving Average is right below the price and helped the market to find a support level. Overall, the market looks really bearish and should continue it`s journey down close to parity. If we break through the 61,8% retracement, the next logical support should be at 1.10. A break above 1,15 could turn the market upwards in order to continue the consolidation between 1,18074 and 1,14. The previous green candle shows a bullsih reversal which is actually a sigh of strenght. As always, everything can happen. Have a nice start into the week! Peace and good trades Irasor Wanna see more? Don`t forgetto follow me. Any questions? PM me. :-)
Short
by Trading2ez
2
GOLD Weekly Outlook Buy on DipGold is in bullish term. you can see how Higher Low has been made 1. Price might retrace to 1219-1216 2. then we can look for BUY for 1228 target price 3. Use EMA 21 + 34 to help us find dynamic entry point (alternate option) 4. SL at 1207 There is no exact move when predicting the market so i just give an analysis which is more make sense to get daily profit please leave your likes/comments if u interested in my ideas any discussions or critics are very welcome =)
FOREXCOM:XAUUSDLong
by andrewlimanto77
BITCOIN: weekly OVERVIEW - Next station at 4.663? *19.11.18*Hey tradomaniacs, welcome to a weekly overview of Bit-Coin! I know, everyone is nervous but also scared to miss the chance before we go up to the moon. But it seems like we could still see some bullish momentums down to 4.663 - 4.000 before we might continue the primary uptrend in Januar 2019! Why do I think so? Because big financial institutions won`t stack big positions at this price. As always, the market will dump the retail-cryptoheads and cause panic sell-offs before they buy-in in order to get a BTC as cheap as possible. If you think BTC could be aa very nice alternative for the falling stock-market, you should rather wait since the signs for a years-end-rally at the Wallstreet are positiv. However, we will see what is going to happen. The market is currently still bearish! Don`t buy just because you "guess" and FOMO. Chill and wait for clear signals upwards. :-) Peace and good trades Irasor Wanna see more? Don`t forget to follow me! Any questions? PM me. :-)
BITFINEX:BTCUSDShort
by Trading2ez
S&P500 -WEEKLY overview - Seems like we are heading down!Hey tradomaniacs, quick an S&P500 overview. Do we really recover? Or did the market just buy the low of the range? Next important Price-Levels: Resistance: 2.817 Support: 2.761,24 The market showed enthusiasm, but it seems like the market just preparwed another A-B-C-Correction in order to continue downwards. We will see! :-) Peace and good trades Irasor Trading2ez Wanna see more? don`t forget to follow me. Any questions? Pm me. :-)
SP:SPX
by Trading2ez
GBPJPY Weekly levels analysis If we zoom out on the weekly chart, we can see that these orange levels are highly reactive whenever the price comes near them. Zoomed in, it's clear that once we've broken past all three of them, we came back, retested the lowest one a bunch of times, broke through, retested the middle one just once before getting rejected back to below the lowest one again. (Notice how it kept consolidating around it lowest one, it shows and indecisiveness in the market) So now we've fallen below the lowest level again and are currently getting rejected for the third time. It's important to say that usually when a level keeps getting retested it gets broken and switches sides ( pivot ). In this case, whoever, since the other x/JPY pairs are seeing some weakness as well, it might be better to anticipate shorts. What we need to see is a breakdown on a lower time frame and a proper retrace in order to find a setup. That green block is a daily bearish order block which is also acting as resistance currently. In short: we're currently waiting for the breakdown, and a possible setup on retrace on a lower time frame. If GBPJPY -0.91% decides to go up anyway, we'd be looking for a break of that green order block and a possible long on a retrace. Original idea by Svarog
Short
by TradrzHQ
GBPJPY Weekly levels analysis If we zoom out on the weekly chart, we can see that these orange levels are highly reactive whenever the price comes near them. Zoomed in, it's clear that once we've broken past all three of them, we came back, retested the lowest one a bunch of times, broke through, retested the middle one just once before getting rejected back to below the lowest one again. (Notice how it kept consolidating around it lowest one, it shows and indecisiveness in the market) So now we've fallen below the lowest level again and are currently getting rejected for the third time. It's important to say that usually when a level keeps getting retested it gets broken and switches sides (pivot). In this case, whoever, since the other x/JPY pairs are seeing some weakness as well, it might be better to anticipate shorts. What we need to see is a breakdown on a lower time frame and a proper retrace in order to find a setup. That green block is a daily bearish order block which is also acting as resistance currently. In short: we're currently waiting for the breakdown, and a possible setup on retrace on a lower time frame. If GBPJPY decides to go up anyway, we'd be looking for a break of that green order block and a possible long on a retrace.
Short
by UnknownUnicorn3664665