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 last week close price at 74.30 to 72.50 and then recover again, yesterday we…
DAX 30 GERMANY INDEX TECHNICAL ANALYSIS long time since last technical analysis for the DAX, I remember the last post Why DAX Should Be 1 of your investments in late 2016 – it was really a good trade now since last record in late January this year the Dax set record for 13600+- points and since there went down almost 2000…
GOLD PRICE TECHNICAL ANALYSIS Gold broke Down major support and cross down 1280 $ closed the day below it, which supports the continuation of bearish overview efficiently, also we can see thatGold failed to break up the upper bounder, we can see very clearly on the charts – trading between 1200-1360+- areasThe big question is when this shuffle trend will…
Turkish Lira price analysis After election results The Turkish Lira reacted by strengthening more than 1% with the results. On the last trading day, the Turkish Lira traded at a rate of 4.6680 + _ when it opened the trading session with Gap Down and strengthened to a level of 4.5870 after Turkish President Recep Tayyip Erdogan has won tightly contested…
Bitcoin price technical analysis update This week opened with break 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 billions of market value…
NZD/USD Technical Analysis For two years now, the New Zealand dollar has been treading a region of 500 pips from the upper limit to the lower border, when it will end and where it will probably lead? All the signs for my opinion indicate lower numbers ahead -continue weakening New Zealand against the dollarWe can see that apart from the…
Markets analysis forecast Last week we saw strong movements in the indices, starting with ascending move at the beginning of the week, which intensified on last Monday when the Dow Jones reached 25400 points. However, since that day the index reversed and returned to the downside.This trading week start with big declines, with sharp movements of about 1,000 points from…
Bitcoin broke down 7000 $ last weekend, what next? 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 billions of market valueChinese shares have tumbled more than 8% in one day in November 2007Major indexes had…
oil prices analysis forecast as I wrote two weeks ago: Have we seen the peak oil prices for the next few years? meanwhile, it was the top, since this move we got yesterday lows at 64.18 price levelswhat the next move crude oil analysis crude oil technical analysis64.18 was the low of yesterday and came out a correction according to the forecast now…
GBP USD TECHNICAL ANALYSIS Long-term chart is showing to us that As long as GBP USD will stay above 1.360+_ Key support the trend is up – it’s not the case right now!Below 1.3170 price area, it could bring larger down trend resumption, while we have first to meet 1.3080. On the downside, break of 1.2840 support will indicate short-term…