Price seems to have broken the downtrend line, now need the 0.66 level to break to target higher levels. This could be a very long term trade if the bullish momentum holds. Please support the idea and share your thoughts on NZDUSD! Good Luck and Stay Healthy!
Price near support level. A break and close of the candle below support is a good sell signal to target lower levels. Please support the idea and share your thoughts on USDCAD! Good Luck and Stay Healthy!
Price formed a falling channel near the resistance zone. A break higher is a continuation signal to target 6500, previous highs. 2nd target is at 61.8% fib retracement of the March sell-off. Sentiment is positive as markets prices in the reopening in UK and Europe. Please support the idea and share your thoughts on FTSE! Good Luck and Stay Healthy!
Price continues ranging near 50SMA support. A break lower is a sell signal to target 200SMA and 0.90 levels. Please support the idea and share your thoughts on EURGBP! Good Luck and Stay Healthy!
Retest of the neckline, seems to position another sell here. Now waiting for the break of the SMA's to sell. Please support the idea and share your thoughts on NZDUSD! Good Luck and Stay Healthy!
UBER did not have the best run since its market debut. Price was slowly declining after IPO and the current market cap is $56.91B. After hitting bottom in March, investors became interested in buying the cheap stock. Most investment funds and banks have price projections from $45 to $54 since then. UBER has also started to diversify its business, going for UBER...
Price retesting the trend line. Candles showing rejection, potential to buy and target higher levels. Stop with a buffer below the small green support zone. Please support the idea and share your thoughts on EURGBP! Good Luck and Stay Healthy!
Price showing a H&S pattern with RSI divergence. If the 50SMA breaks, then we can sell to 0.65,. Potential to sell earlier but with less confirmation. Please support the idea and share your thoughts on NZDUSD! Good Luck and Stay Healthy!
It is a long read, but I hope you find it useful and educational. Have a great weekend! The year 2020 has become synonymous among many economists with the word ‘uncertainty’. Since the start of the year all the economic projections for the world from IMF were reduced to laughable anecdotes. As the turmoil of the pandemic hit the world economy and stock market...
The break of the trend line was clean and went right to 19 resistance. Now waiting for the break of 19 to target the next high around 19.50. Please support the idea and share your thoughts on Silver! Good Luck and Stay Healthy!
Price at the trend line. 200SMA is along that line as well. Bearish mood in the market as indices testing support levels, particularly DAX and FTSE. If we have a bearish break, then we can target lower levels. Waiting for the candle close below for extra confirmation. Please support the idea and share your thoughts on AUDJPY! Good Luck and Stay Healthy!
FTSE failed to break resistance zone and sold lower. Now approaching support at the trend line, 200SMA and 6000 level. A break lower would trigger a sell to lower levels. Please support the idea and share your thoughts on FTSE! Good Luck and Stay Healthy!
Price sill within a rising wedge currently at 50% fib level, strong resistance above at 61.8%. Support at the lower line of the wedge and 200SMA along it. A break lower would indicate a fall to first to 120. If we face a sell off in indices, that is the signal to sell EURJPY. At the moment markets indecisive as risk off news get into market, but the stimulus...
The downtrend line is very strong with multiple touches. 50 and 200 SMA's now aligned with it. Price currently at support level. A break lower would trigger a sell to lower levels. A break of the trend line needs confirmation with a candle close. Fundamentals show indecision in the market at the moment. Please support the idea and share your thoughts on...
Price confirmed the downtrend line. The break to the upside is the buy signal to target 19. Price may not reach all the way, but at least target the highs near 19. Please support the idea and share your thoughts on Silver! Good Luck and Stay Healthy!
Price at resistance, break to the upside is a buy signal. Wait for the break and target the highs. Potential resistance at round number 3200. Please support the idea and share your thoughts on S&P500! Good Luck and Stay Healthy!
Price showed a break of the consolidating triangle. Now at resistance, previously confirmed. Wait for the break to buy to the next level of 6500. As more of UK businesses reopen, stock market is expected to be bullish. Please support the idea and share your thoughts on FTSE! Good Luck and Stay Healthy!
Price has a Resistance ahead with 50 and 200SMA as support below. Bullish break to the upside is a buy signal to target 1.26. Fundamentals remain strong as UK businesses started to reopen, restaurants and bars now open from July 4th. Please support the idea and share your thoughts on GBPUSD! Good Luck and Stay Healthy!