SimoneSiesto

SimoneSiesto Updated 

With a weekly close above the previous candle, we will not have any doubt anymore about the new trend direction. It is a buy. All the indicators are confirming a bullish view. Scaling to a 4hr chart, it has been detected an increase in volumes in correspondence of a white closing marubozu. It is then suggested to open a new long trade.

SimoneSiesto Updated 

Loonie is a short. Target at 1.253. Stop loss could be placed above the last high at 1.359. Macd and Coppock curve on 3 different time-frames ( weekly, daily and 4 hrs ) are negative, thus confirming the negative trend.

SimoneSiesto Updated 

Increased volumes are supporting a long white candle. I expect to see a nice breakout of the previous high at 0.97. Exponential moving averages are now aligned upwards, giving further confirmation to my trading idea. Suggested trade: LONG

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Ferrari seems to be ready to break above its high at 92 Usd Dollars. An increase in volumes has been detected. This might be a signal of the upcoming break of the horizontal resistance at 92 Usd dollars. On 4hr charts, the Price oscillator has now crossed above the zero line, which is a strong bullish signal. Coppock curve is not oriented upwards, as MACD. On a...

SimoneSiesto Updated 

Euro is moving higher against Japanese Yen. There is room until 130.200, where I would suggest to take profit. Afterwards, it will be necessary to monitor the price action before taking a short position. For further trading ideas, please check-out? www.wallstreetimes.com

SimoneSiesto

We are approaching the horizontal resistance. It is suggested not to take any position and wait for the Australian Bank rate decision on July 4th and next weekly candles.

SimoneSiesto Updated 

Tesla has been moving through a large ascending channel on a 4h timeframe. I do believe it has came the right moment to short sell the stock, since the stock is now struggling with the top of the channel. First target around 330 Usd. A tight stop might be placed above the top at 400 Usd. However, I would suggest to set up a larger stop, since there is a concrete...

SimoneSiesto Updated 

Stock is moving upwards in a smooth way. There is room until 38 Usd at least. Increased volumes are associated with long white candles. This gives us more confidence about the outcome of a long strategy. Suggested trade: LONG. Take profit at 38 Usd Please follow us at www.wallstreetimes.com

SimoneSiesto Updated 

Eursek is moving in a stable uptrend on a daily basis. At the beginning of May, a long white candle, associated with unusual volumes, has broken above the range. We expect to see further strength on following days. Please follow up on www.wallstreetimes.com for further analyses.

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In the long term, the US dollar is weakening against the Canadian dollar. A drop below 1.26 is the signal we should be waiting for a definitive break of the neutral-bearish trend. It is then suggested to trigger a short below 1.26. Natural target is at 1.13. Coppock curve is now oriented downwards, as well as our modified stochastic

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Analyzing a 1hr chart, a long white candle is associated with increased volumes. Expected strength on the short term

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There is space to see the quote falling down to 290 usd. I expect to see a rebound at that level. However, we will see a real test below 290. Under this threshold, it is expected to see the quote tumbling down.

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GbpJpy has broken the ascending trendline. It is a good opportunity to trigger a short trade. Bollinger bands are widening out and we see increased volumes associated with long black candles. Our modified stochastic is providing a short signal as well. Do not forget to follow us on www.wallstreetimes.com

SimoneSiesto Updated 

UsdCad has breakout the horizontal resistance on 15 mins chart at 1.36700. Furthermore, increased volumes are associated to long white candles. Our modified stochastic is also in bullish mode.

SimoneSiesto Updated 

Studying a 4h chart, it is clear how increased volumes are associated with long white candles on the 18th and 20th of April. Long term trend is downwards; however I strongly believe we are going to see a breakout above 140.250. Only after a new leg upwards downtrend is predicted to be back in place.

SimoneSiesto Updated 

UsdJpy is a short. Here it is visualized a weekly chart. Weekly candle is breaking below the recent lows. Stochastic is confirming the view, coming out from overbought area. A weekly close below the recent lows will give a strong confirmation about the upcoming direction

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A smooth sell opportunity with Unicredit Spa. Bollinger Bands are widening out, giving a clear signal for a short. Geopolitical tension is now favoring bears. As a general warning, it would a very bad idea to open long trades on major stocks with an investing eye. Longs should be done only for speculation and possibly intraday. I expect a huge crack worlwide. It...

SimoneSiesto Updated 

Increased volumes have accompanied the downward movement. It is expected a small rebound around 83.6 just to see again the couple tumbling down more effectively.