Hello Traders, After the ECB interest rate decision and EURUSD falling more than 100 pips, I want to share with you my current 1/4 hour perspective. I have no doubts about it that the EURUSD is still bullish in the weekly chart and daily chart. Tomorrow I will publish a detailed analysis on the EURUSD in weekly timeframe explaining that. However, coming back...
Hello Traders, I hope everybody is doing great. Like I explained in my last post about the inverse head and shoulders pattern and the potential target, we can see that it is playing out very nicely. You can have a look here --> The target is still in progress. I am expecting Bitcoin to reach the $10000 psychological level before a significant pullback...
Hello Traders, I wish you all a happy Sunday and I hope you are enjoying the weekend so far Today, we will have a look at the Nifty Index from India and the USDINR. First of all let me explain to you why I use the Indian currency rupee to forecast the possible move in the Nifty. That is a so called intermarket relation. First of all, we need to understand that...
Hello Traders, I hope you have been enjoying your weekend so far. As promised yesterday, here is my daily view on Bitcoin. In the chart above you can that Bitcoin broke its significant trend-line from 2017. It managed to close above the trend-line with a daily close. This was the first indication that more upside in bitcoin can be seen. With the...
Hello Traders, I hope everybody is doing good. As Bitcoin made a significant move this month. I want to share with you my 4-hour view on this crypto. With the recent move up last week, Bitcoin was able to break the trendline from end 2017. It managed to close above the trendline with a daily close. This was the first indication that more upside in bitcoin...