Check out the latest market update by Alejandro Zambrano, as he covers the EURUSD, GBPUSD, USDJPY, AUDUSD, Gold, crude oil, and the DAX index.
I have been bullish over the last few days and continue to be so in the 108 to 108.47 interval. The price might reach 109 with the trend being bullish. Visit www.londiniumfx.com to know what Alex is trading, and reach out to api.whatsapp.com to be added to Alex's free WhatsApp Channel. Alex also offers a free educational course worth £1000 via ATFX UK. Contact us...
GBPUSD remains in an uptrend ahead of today’s Brexit vote around 9 pm London time. The trend will remain bullish as long as the price trades above 1.2752, and I think the price might reach 1.3012 from the 1.2878 level. Visit www.londiniumfx.com to know what Alex is trading, and reach out to api.whatsapp.com to be added to Alex's free WhatsApp Channel. Alex also...
The #EURUSD remains in an uptrend on optimism around Brexit which caused a major reversal in the Dollar across may pairs. Visit www.londiniumfx.com to know what Alex is trading, and reach out to api.whatsapp.com to be added to Alex's free WhatsApp Channel. Alex also offers a free educational course worth £1000 via ATFX UK. Contact us via Whatsapp channel for...
Per the pin bar candlestick, profit-taking should continue as long as the index trades below yesterday’s high of 12832.1, and the DAX index might reach the 12436.5 level, which is the 38.2% Fibonacci retracement level of the bull leg from the October low to high. Visit www.londiniumfx.com for trade signals, and reach out to api.whatsapp.com to be added to my...
EURUSD Remains Bullish Above 1.1018, and might bounce from the 1.1018 - 1.1083 interval to reach 1.1130. Visit www.londiniumfx.com for tradesignals, and reach out to api.whatsapp.com to be added to his WhatsApp Channel. For more and lengthy analysis visit www.investingcube.com. Alex also offers a free educational course worth £1000 via ATFX UK. Contact me for...
It was at least one year ago I first mentioned this massive head and shoulders pattern in GBPUSD, and it continues to suggest that GBPUSD is heading to much lower levels. In the short-term, GBPUSD is now near the 2016 low and my target, but a break to the 2016 low could send it racing towards the 1985 low of 1.05.
Gold prices had a great start to 2019, and in mid-February prices had reached $1347.8 and thereby produced a gain of 5.05% on the year. However, since then gold prices have retreated as inflation reports across the world showed that inflation was no longer a problem, and as the demand for gold as a haven declined with stock markets recuperating large parts of...
The AUDUSD might bottom out around current levels as the overall trend is bullish above the December 4 low of 0.7575, and as today's ISM Non-manufacturing PMI figures were less good than expected (57.4 vs. the 59 expected). I will remain short-term bullish as long as price trades above 0.7575
Bitcoin Cash (BCH) is designed to be an improvement and replace the original Bitcoin, so the argument across investors has been that Bitcoin Cash should we worth as much as the original Bitcoin. BCH has now fallen by 26% from its November 24 high and is trading relatively near the support area of $1121-$1265, and if BCH manages to bottom out around current...
The EURUSD has mostly ignored today's softer than expected EZ CPI figures. For now, I remain bullish as long as the price trades above the 1.1710 and I suspect the traders will try to carve out a low around current levels, and then target Monday's high of 1.1961. If the EURUSD slips below the 1.1710 then traders might target the Novermber low.
The beautiful breakout in Ethereum seen in the last two weeks could ensure that ETH reaches the $660 level, which is a target derived by taking the base of the triangle pattern seen in the chart below. However, it is unlike that the price will reach this level without any hiccups, as the demand and therefore the price action of ETH is very different, and weaker...
With the price of Bitcoin (BTCUSD), trading close to the 10k mark, it would not surprise me if traders manage to give the price a final boost so it can attain this psychological level and a victory for the early adopters and believers. But today is not the time to buy, the right time to buy for short-term traders was last week when I said the price could rally...
The sharp decline in bitcoin over the last few days has turned price less overbought, and as long as we trade above the October 25 low of 5370, I suspect traders might see the current pullback as an opportunity to buy bitcoin. The price of bitcoin might rise to the 7450 level as long as we trade above 5370. However, on a break to the 5370 low, I suspect we might...