Hello Sophisticated Traders, I'm come to love the discipline of BTCUSD as it seems to know exactly where it wants to go, which is up. Over the past few months, this crypto pair has consistently help $10k no matter how much has been throw at it or who sells bitcoin. The channel is strong, even though some times I've doubted it. However, with this week closing...
Hello Sophisticated Trader, This week the Dxy gave up all its gain with a solid bearish candlestick. The uncertainty, bailout, and printing of money out of nowhere seem to be beginning its effect on the market, especially this close to the US election. Technically, today's close below the 50 MA, the crossing of the MaCd down, and RSI pointing down on a daily...
Hello Sophisticated Traders, The weekly close is indicating a bullish candle, additionally the break of the 4 hours 200 MA, this is a strong indication of a potential test of .6800, which is also the weekly 200 MA resistance. Therefore, we are looking for a retest of the high as the long-term resistance. Subscribe, like, comment for more updates. Happy...
Hello Sophisticated Traders, Yesterday I mentioned that the EURUSD was testing the 50MA on the daily chart, if today's closes above 1.1800, we can expect a continue rising in the pair and the potential to test the top of the range possible 1.20. Subscribe, comment, and like.
Hello Sophisticated Traders, The market volatility and the uncertainty before the US Elections and the COVID are causing rapid movements in the price action. Still, in trading we should limit our risk and increase our rewards, this is why I'm looking to short the EUR/USD against 1.1800. The pair has been holding below the 50 days MA even after a bounce, and only...
Hello Sophisticated Trader, In my last analysis, I recommend a buy only on a sustained break of .7200 because the chart started to turn up. The rejection of .7200 holding as resistance with an immediate drop shows that .7200 is a strong long term resistance. The recovery stalled at .7155, which indicates another leg down to .7000 initially then potentially .6700...
Hello Sophisticated Traders, $AUDUSD made a recovery from support and is testing resistance now. Along with the RBA rate decision tonight, the indicators are showing a potential break and a possible retest of .7300 and potentially .7400. This along with the DXY breaking below support is calling for a retest of former support. If you like this trading idea,...
Hello Sophisticated Traders, The pairs have been doing a bit of sideways action over the summer. This action can be expected as we head into US elections. However, the charts are showing a buy signal for $NZDUSD on the 4hr and Daily chart for a potential test to the top of the range, If we have a sustained break and hold above .6550. However, if resistance hold...
Hello Sophisticated Trader, Our last analysis was over 300+ in gains, now the $AUDUSD has met resistance as it is having trouble closing above .7200 and is due for a pullback. Currently, I am looking for a test of support potentially .6900 or even further. Only a close above .7250 would negate this pullback. Like, Comment, and Follow. Let's Make Money...
Hello Sophisticated Trader, Our last analysis was over 300+ in gains, now the USDCAD has found some support and is due for a bounce. Currently, closing back above1.3400 suggests a potential test of 1.3500 and a potential test of 1.3700, oversold conditions also support this and only a close below 1.3330 would negate this bounce. Like, Comment, and Follow. Let's...
Hello Sophisticated Trader, Our last analysis was 300+ in gains, now the DXY has found some support and is due for a bounce. Currently, a close back above 93.00 suggests a test of 94.00, oversold conditions also support this and only a close below 92.50 would negate this bounce. Like, Comment, and Follow. Let's Make Money Together! Happy Trading! Dr. Lydia...
Hello Sophisticated Trader, The rally in the $NZDUSD has stalled .6750 with over 300 pips profit and is due for a pullback, as the virus has been taking over, this is also consistent with the potential of a double top. Only a close above the .6750 would negate this trade. Like, Comment, and Follow. Let's Make Money Together! Happy Trading! Dr. Lydia...
Hello Sophisticated Trader, My last analysis on the $APPL stock was spot on, so I'm taking another look at it. I projected this price by year-end, however, market action has exceeded expectations. Fundamental is great for the company and the approved 4-1 stock split would send the pair back to over $100 in a month. In the meantime, technical are overbought,...
Hello Sophisticated Traders, Over trade, last time rallied over 1000 pips and the $GBPUSD has met a potential double top. Though it seems to have tapped out of the downward trend, the pair is extremely overbought on the daily and is due for a pullback. This could potentially provide another 200-300 pips retracement. Only a daily close above the 1.3200 can negate...
Hello Sophisticated Trader, A month ago I suggested you to long the BTCUSD and if you did you would have made over $3000 on the BTCUSD. As August is here, I took another look and the charts are still bullish and holding the channel line for a test of $14,000. Any pullback should be deemed as a buy moving forward. Only a close below 10,000 can negate this...
Hello Sophisticated Traders, After the recent fall of the $GBPUSD, the pair is looking like it is ready to bounce for a potential test of 1.2700. Therefore, I'm recommending a buy against the recent low. Only a daily close below the low could negate this setup. Like, Comment, and Follow. Let's Make Money Together! Happy Trading! Dr. Lydia Smith Where we teach...
Hello Sophisticated Traders, Thanks for your comments, like and follow on my previous post. The $BTCUSD has consolidated as expected and is holding on to support. Though it cannot be ruled out of addition falling especially due to Covid-19, it would seem that the consolidation is in line with a potential upswing over the coming weeks and months. A daily close...
Hello Sophisticated Trader, The recent dip in stock price is making $APPL an attractive stock to buy. Though, it possible for the stock to visit 351, the overall bullish trends could see this stock over $400, by year-end. The company is still strong during this pandemic and so far has been readjusting nicely. I am recommending a buy moving forward. Like,...