minerva_fx

minerva_fx Updated 

French index is stuck for a few days at the 01/11/17 high and fails to break out. We might see some selling and targeting previous support level. If it breaks through the highs we might see some strong buying reaching new highs.

minerva_fx

The analysis is the same as the Crude Oil I've shared today. Bullish trend with some profit taking and perhaps later new longs and a trend continuation.

minerva_fx

WTI is in a strong bullish trend for quiet some time. No reason now to jump in shorts, but there might be some selling just to reach previous support level. I'll use it as another opportunity to jump into more longs. The only chart where I use an indicator (EMA 45). I use it as an entry level once it hits it to continue the trend.

minerva_fx

A very nice bullish trend. Bullish flag breakout means trend continuation. There's a resistance zone, but I believe it will be broken soon and we might jump in with more longs. If the price will hold within the zone, we might see some selling pressure.

minerva_fx

T-Note is moving lower and a few days ago it broke through previous support which became a resistance level. Today we see some longs and it could be just profit taking a perhaps it might reach resistance level where we could go short again and continue in bearish trend.

minerva_fx

Wheat is in a bearish trend for some time so I'm just looking for entry levels to go short. Since 17/01/18 it went up a lil bit and when it hits a minor resistance level (black arrow) I might sell more and add to my positions.

minerva_fx

Platinum is in a bullish trend hitting a resistance zone. I see more buying only if it breaks above that zone. If it holds below I'll see it as a selling opportunity with hitting previous support levels.

minerva_fx

Australian index is loosing steam since 10/01/18. Today it reached support zone where we could see buyers jump in in continuation of the bullish trend. If it breaks below we will see probably strong selling and perhaps trend change.