Hvalp

Hvalp

AUD/USD is continuing the SHS-pattern. We could soon see the move upwards, therefore i have added a potential long position. If we see the move upward i would recommend a profit taking just before the top of the previous shoulder, for safety. Lets see where this is going, so far it has followed my prediction very well.

Hvalp

Possible uptrend in EURAUD forex. Previously went through a SHS-pattern and could be a repetition of this move again. Looks like th first shoulder has been formed and maybe the start of the head now. Which could lead to a upward move in the next period.

Hvalp

Trying to make some sense out of the recent moves in AUD/USD - Came across this potential SHS-formation. Could mean a tipping point around the 0.72100 level. Let me know what you think or if you have tips and tricks Cheers!

Hvalp

Clear trend channel for GBPUSD - is it time for a major move downwards? Several support/resistance levels on the way - but my though is, that we are gonna see a move downwards in the coming days/week. This is my first time looking and trying to identify a trend on a forex pair - so lets see if im right. What is your thoughts? :)

Hvalp

So... yeah... last call did end horrible. And there is still no clear trend channel for gold as of right now. But my prediction is, that Gold will rise up till around 1790-1800 area. Reach point of resistance and maybe take a pullback after that. But for now, i only see a long position in gold. What do you think?

Hvalp

Clear trend channel for GOLD which indicates a bullish upward trend . Major resistance level at around 1830-1831 , which for now is my target price. Could go both ways afterwards, but my guess is a minor downfall, before it rises again and breaks 1830. Let me know what you think! :)

Hvalp

So after i were (more or less) correct about the direction of oil, i wanted to have another look at the future. I think oil has a little more fuel to go up, but i also see the power of OPEC and them amping up the production, causing a potential fall in the oil prices. Therefore, i presume, we are going to see a minor downfall in the USOIL chart. im guessing a...

Hvalp

As i see the situation in USOIL right now, there are 2 options: 1. Long Summer holidays, rebound in airtraffic and several other factors that will drive the oil demand. For me this is the most likely situation and scenario. This was also supported by the US oil inventory report yesterday, which was way better than the forecast. 2. Short Lockdowns and situations...

Hvalp

My possible forecast for USOIL. Might gonna restest one or both of the support levels. But in the long run, it should be going for a downward trend. Supported by: - The situation in India (could last maybe a week more before it settles a bit) - Possible weak oil demand in Japan Could be interrupted by sudden positive news regarding faster "opening" in some...

Hvalp Updated 

Downward trend, that might continue based on the new lockdowns in India and the fear of further lockdowns worldwide. Possible change of getting interrupted around resistance levels, but clearly downward trend for now. The trend for the coming days depends on the following: - India Covid cases - US oil inventory (wednesday) - Further lockdowns around the world In...

Hvalp

Upward going trend channel for Lithium ETF. As the reopenings worldwide are due to happen, electric cars are getting more popular and every world leader wanna "save" the palnet from climate changes, this one is rightful for a upward trend. Possible resisstance levels to test.

Hvalp

Downward trend, that might contiuen based on the new lockdowns in India and the fear of further lockdowns worldwide. Possible change of getting interrupted around resistance levels, but clearly downward trend for now. First analysis and keeping it simple. Trend channel and resistance level.