Apple to go bullish over the next week. This bullish trend should continue, if Apple doesn't do anything wrong with their new credit card system, which was launched today.
Pound/Yen will continue to go down further.
This is due to the following listed below;
> USD/JPY having a downtrend that may continue
> UK slowing inflation
> UK slowing retail sales
It's in my opinion that a short sell position is made on the 1 day chart, the downtrend is speculated to continue until mid next week.
With Samsungs Galaxy Note S10 5G and the beginning of 5G technology, Telstra will be thriving to dominate in the new 5G market. Already Telstra has sold many new Galaxy Note S10 phones, hinting that 5G will soon be in demand. 5G will be a big expense but can easily be profitable due to what 5G will be supporting such as remote surgeries and Artificial...
Within the past couple days, President Donald Trump proposed a new tariff of 10% for the $300 billion dollar Chinese imports. This new tariff will take action on September the 1st. Markets to keep a watch from this impact include the following;
SSE:000001
HSI:HSI
ASX:XJO
All of the above index's will have the most impacts.
I believe trump has made this...
Peak Resorts, a company responsible for operating ski resorts in the Midwest, Mid-Atlantic, Northeast, United States soars up by 112.75%. This sudden rise has been caused from a company called Vali Resorts NYSE:MTN , in which will acquire Peak Resorts for $11.00 a share.
Peak Resorts is currently trading at 10.85 from the time this has published and is...
Just recently held was the Xbox E3 conference, where Xbox (Microsoft) announces all new games and consoles. Within this week alone where the conference was held, a sudden increase roughly of 12% was reached in share market price. A new console that Microsoft announced is called Project Scarlett and will be 4x more powerful than the previous Xbox one x. Creating...
Dollar against the pound is ready to bounce off the .382 line and head towards a decline. The RSI also confirms this and therefore it is advised for a short position until the RSI is ready to bounce upwards.
The Aussie against the dollar is speculated to increase within the next two days, not for long but enough to make profits from a long position. As momentum picks up throughout today, so will the RSI indicator and is not known for how long. Have strict stop losses as there are high price sensitive economic releases throughout the day related to Australia.
The Aussie against the dollar is expected to bounce down. This is such as multiple RSI indicators from several time frames show they are all above the 70 mark. Therefore, a consideration of going short or closing your long position is necessary, it is not known on how long this bearish trend will be.
The Aussie against the dollar will head down, as shown from the graph. It is predicted that from the pattern I have observed previously, that It will happen again for a second time. A drop of 4-5% is expected. Also, a down trend is observed from December to today, the 19th of February. Therefore, it is hypothesized to Sell Short.
Sell Short Position on Hourly Chart for EUR/USD. Trend heading towards .382 mark on the Fibonacci retracement. Also, RSI is indicating a sell due to the overbought pair.
The Pound against the Yen has been short for roughly around the beginning of November and puts pressure for the yen over the new year.
From research, this pair may continue to go down, and here is why. Firstly, the Nikkei 225 has significantly dropped by 17.53% from the 2nd of October to the 28th of December. Reasoning behind this is due to other variables...
The Pound against the yen is continuing to go down long term, as seen on the chart. This is a perfect opportunity, with some research, to enter a sell short position on this pair.
A further in depth technical analysis will be coming soon.
My analysis today is showing a strong bearish trend. The current price is projecting closer to the 38.2 line, signaling a strong intraday short sell position. Occasionally a strike occurs, previously on the chart as highlighted in yellow, but eventually becomes even and continues trending down. Also, many economic forecasts for japan aren't looking too good...
On the 8th this month we experienced a massive twist that made the GBP/JPY go down which was not expected. This has gone against my previous analysis which was for a bullish month and is now bringing up questions on the why and what went wrong.
I've found a similar event that occurred on the 11th of January this year to the 2nd of February (26 days) as...
From my analysis as of next week near or on the 1st of November it is predicted to be bullish for the whole month. It's predicted for the whole month as previously this is how long the daily chart trend has lasted for. The reasoning for the bullish trend to begin next week is due the pound against the yen always going against its previous trend on that it had in...
From my analysis the pound yen pair has a down trend over the next couple days for this week. The following numerical and alphabetical symbols identify a pattern I have found on the 1 hour chart. The RSI is also indicating a down trend which may or may not continue to next week. On a bigger scale the pound against the yen has created a down trend for the last 14...
