Dear all. I have been blind and have not seen this beautiful development. We are continuing with the same development as in 2014/15. The first bull rush is in place, now the price will fall down to 56-57 and the bulls will attack the market again. Your future analyst. RR
Hello dear friends and technicians. In my opinion the brent is forming the same formation as in 2014/15. The price declined heavily and because of supply has been depreciating lately which has led to higher price. Venezuela, Iran, China/USA, Saudi/Russia, Brexit etc are important events that will change the course of the brent. I am unfortunately quite pessimist...
Dear friends and technicians. There are, unfortunately, still too many uncertainties in the market and therefore the oil price is behaving like a depressed monkey. Please do not use this a trading strategy if you do not believe in this analysis. Do your own research and just use this a guidance. Wish you all good luck. Best regards, Your future technician.
Dear friends and technicians. Trying on a funny way to predict movement in BCOUSD. The chart current development looks quite similar to the corrections in 2008 and 2014. Taking the average of these two corrections and the movement after the ended corrections, and assuming that the same will happen now (which is something that we all technicians do), the oil...
Dear friends and technicians. Gold is on the rise, simply because the market is risk averse and seeking more risk friendly investments. I think we are heading towards a quite financially difficult year, where you have economic uncertainties all over the world. On a short term basis, gold tend to rise in these times, the same is the Swiss franc (chfusd). I am...
Dear friends and technicians. Ethereum has been in a short term bullish run for a month now but the long term price development seems to be bearish. If the price breaks the 155 barrier, the next ceiling will be the red line (208). In my opinion, the price will start falling and may go down to 62 level. Overall, I believe that 2019 will be a hard year for most...