The downside in USD/JPY is gathering pace with markets pricing Fed rate cut in March amid coronavirus-led risk aversion. PIVOT INDICATOR STILL SIGNALING MORE SHORT TO COME.
Oil recovering slightly on hopes of OPEC supply. WTI is off the lowest its seen in several year. PIVO INDICTOR SIGNALLING MORE SHORT AHEAD
The index suffered an 11% drop over five days. Eyeing 3000 resistance for further short confirmation. C WAVE (DAILY) SIGNALLING MORE SHORT SO FAR.
An additional signal in favor of the growth of the Dollar Franc currency pair will be a test of the trend line on the relative strength index (RSI). The second signal will be a rebound from the lower bullish model «Wolfe Wave». Cancellation of the growth option USD/CHF will be a fall and a breakdown of the area of 0.9445. This will indicate a breakdown of the...
Moves lower are being fueled by the EOS Decentralization Debate. Support was broken at 3.4 & again at 3.38. C WAVE INDICATOR SIGNALLING FURTHER LOWS TO COME.
Set Protocol, a DeFi-native investment platform, has added a new token set that rebalances between Chainlink’s LINK token and stablecoin USDC . The efficacy of the strategy is dependent on ChainLink’s very own oracles. The token has appreciated by approximately 130% since December 2019 & LINK strategy is signalling more long.
EUR/USD may trade better bid on dovish Fed expectations. DAY TRADE LONG ON OVER BOUGHT OVER SOLD INDICATOR UNTIL WEEKLY CLOSE
Maid saw a move higher in the previous session. ATR INDICATOR HOLDING THE SIGNAL LONG
Ripple is developing a feature that could allow users to mint asset-backed tokens directly on top of XRP Ledger. Not even good news seems to be able to hold off the bears. ATR INDICATOR SIGNALLING SHORT
LITECOIN on Friday was down 10.09% on the day. The move downwards pushed Litecoin's market cap down to $3.793B ATR INDICATOR HOLDING THE TREND SHORT
The IOTA network has been down for approximately 11 days and the IOTA Foundation doesn’t expect the mainnet to be reactivated until March 2. ATR ALERT HOLDING THE TREND SHORT FOR NOW
USDCHF continues to ease back from tougher resistance at .9841 OBOS INDICAOTR STILL SUGGESTING AN OVERALL BEARISH BIAS
Awaiting the formation of another bearish candle after trading near the expected daily high RANGE BOX SHOWING THE CURRENT DAILY HIGH LEVELS FOR THE CURRENT SESSION KONA ALERT STILL HOLDING THE TREND SHORT
Coronavirus still cancelling any longs on USDJPY VENUS LIVE LEVELS INDICATOR EXPECTING TO HOLD RESISTANCE AT 110.47
Asia session saw a small long retrace VENUSLIVE LEVELS INDICATOR STILL HOLDING THE TREND SHORT
NZD/USD extends downside following NZ PM cited downside risks to the economy due to China's coronavirus. In Asia session the Kiwi moved back into an area of support for which bulls will be looking for a test of the supply commitments from the bears, with a target of the 0.65. Fibonacci Projection showing price action for managing profits & not for entries or reversals.
USDCAD has found strong support area near the penetrated descending trend line and the 38.2% In the short-term, the outlook seems to turn slightly bullish after the jump towards the 1.3325 resistance and the momentum indicators are holding in bullish area. Fresh risk aversion, weak fundamentals elsewhere add strength to the US dollar.
IRS CRYPTO PROSECUTIONS SET TO ‘SKYROCKET’, EXPECTING SOME PROFIT TAKING