USDMXN is finding support at 200MA and support Trendline also we have MACD showing bullish divergence.
USDCHF is Testing Multi-Year Resistance (Weekly chart)
Neutral bias and bears can look for potential shorting opportunities around the multi-year resistance.
Price is approaching major resistance, bears can look for short opportunities, but first we want to wait for confirmation like a false break with bearish divergence or strong move to the downside.
GBPNZD is closing in on the Long-term key resistance around 1.96-1.98.
USDSEK (4 hour) we have a false break with bearish divergence , if we get weak pullbacks I expect more downside.
BTCUSD has made a ABC correction, and I'm looking for more upside
On the weekly chart currently we are bullish and we have a bearish divergence. It could go down next week or it could make new highs further and then go down.
A daily close above 146.00 wedge resistance, could target the 149.00 - 150.00 level.
Bears can look for potential shorting opportunities.
We have finished triple cycle or 5 waves, Divergence is also bullish. Bulls might take the control any moment.
Hedge funds are shorting the $VIX again at a near record level. Don't forget what happened last time they did this. It was October 2017. Non-commercials, who are now at the other extreme, continue to bet that volatility remains suppressed. Last week, they added 7.8k week-over-week to take their net shorts to 177,754 contracts – a new record (Chart 4). The...
Weak pullback s into the closest key support can offer potential bullish trading opportunities.
Bears can look for potential shorting opportunities. I want to wait for a false break to form, weekly candle to make a wick above 2700 and close again below 2600. Or a big bearish weekly candle like the previous one's. Hedge funds are shorting the $VIX again at a near record level. Don't forget what happened last time they did this. It was October 2017.
Chesapeake has lots of upside potential, there's a real risk that shares could plunge if oil prices cool off. That's why investors might want to watch this red-hot oil stock from the sidelines and consider one of these less risky options instead.
We are approaching a major resistance, we can look for shorts. Wait for bearish candle to form on weekly chart and break below the 42.00 level.