EUR USD ANALYSIS EUR/USD still traded below 1.15 after reached last week all the way to 1.1300, from that level we can see retracement – closed daily above 1.1430 will lead to 1.1630 and even more up targets such as 1.1670 and even 1.1740 As I said the last post – look closely we can see head and shoulders pattern…
Bitcoin price analysis forecast Bitcoin didn’t manage to cross 8600$ after last recover and trade again near 6000 $ – lows level in last June bitcoin traded below 6000 $ – it was expected – look on Bitcoin price 2018 vs Chinese stock bubble 2008 part 2 Bitcoin price Told you a long time ago my exception for the bitcoin Is…
Dollar Index analysis DXY – US Dollar is approaching the topside of its recent near three months consolidation US dollar keeps the upside unabated so far after the FOMC remained on hold on last rate decision, as largely expected. However, the Fed’s statement highlighted the positive momentum of the economic growth and noted that inflation tracked by the PCE is…
Turkish Lira Analysis The Turkish lira continues to plummetTurkey’s central bank on Monday revised its reserve ratio to free foreign currency of commercial banks in order to support the plunging currency, but it was not as successful as it can be seenThe Turkish lira weakened against the dollar by more than 2% to a level of 5.27 per dollar. Last…
Facebook stock analysis last week Facebook stock plunge, which triggered a fall in its stock-market valuation of almost $ 120bn, the largest single loss of value in Wall Street history- facebook ranked as the fifth-largest company in the S&P 500 before last week’s fall.new European General Data Protection Regulation rules led to a decline of three million users on that continent, company officials…
Bitcoin price analysis forecast Bitcoin recover and trade above 8000 $ again after last June traded below 6000 $ ‘ it was expected -what the next move… As told you a long time ago my exception for the bitcoin Is The Bitcoin going to crash same as Chinese stock bubble at 2007 shortly: ““Chinese stock bubble of 2007 wiped out hundreds of…
Turkish Lira Analysis Last 3 months we saw an audiovisual show of the Turkish Lira, mention here not once that Turkish lira located in Dance of demons The Turkish Lira has made an incredible move of almost a penny in one month, reached a level of 4.99 against the dollar – almost touched a rate of 5 but since then its recovers to 4.54, now I’m…
FOREX MARKET TECHNICAL ANALYSIS EUR USD ANALYSIS EUR/USD traded narrow strip since May If we will look closely we can see head and shoulders pattern: Head and shoulders pattern is a trend reversal chart pattern found after an uptrend or downtrend. There are two types of head and shoulders pattern: a standard head and shoulders pattern and an inverse head and…
GOLD PRICE TECHNICAL ANALYSIS We are approaching major a support strip, if we see a stop there, then look again for a return to the top and this time the upper limit of the band stays in the area 1330 + if it will break this level – you should look here NOTED FOR THIS: Gold price pattern On the other hand, a…
crude oil showing suspicious signs behaving continue update In 4 /7 I posted this:”crude oil showing suspicious signs” : “oil behaving strangely this week – we see strange behavior – every time crude oil show strong move down it came back to higher number – in the begging of this week crude oil opened lower gap almost 2 $ from…