stock markets technical analysis Friends the short market alert in the last post proved itself: What next? As I wrote in the previous post In terms of chance risk then it can be seen that yesterday in the strong declines in the markets, we reached a critical strip located in the 10600 area In my opinion, a daily closing below…
stock markets analysis A combination of several assets shows that a significant price line has been reached – which means that now the risk is rising If we look at the currency, for example, we can see a number of interesting things – a low dollar gives fuel and pushes the market up So I add them to the review…
GBP USD TECHNICAL ANALYSIS GBP/USD remains on the upside confirming the continuation of the bullish trend on the short term The current rally should target 1.3430+_ green band as long pair trade above 1.32on daily basis Break 1.3430-1.3510 will target 1.45 resistance On the downside- a break of 1.2930 support will indicate short-term topping. In 22.7.2020 I post this Weakness…
gold and silver technical analysis gold and silver technical analysis Gold price increased as much as 2 percent to hit a new all-time high of $1,980.57 per troy ounce on Tuesday morning in Asia, before falling back sharply in the London session to $1,907. Silver also rose as much as 6.4 percent to $26.19 per ounce during the Asian session,…
forex technical analysis The U.S. Dollar trading lower against a basket of major currencies As optimism increased demand for risk assets and by a positive movement toward a coronavirus vaccine and the European Union is passing of a massive stimulus US dollar index (DXY) dropped to 18-month low trading at $95.11, which is close to its lowest level since January…
Crude oil price analysis price oil forecast has been verified what’s next: see below for more updates price ranges from $ 10 to $ 20, examining the level of support in the 9-10 area and now if 26-28 $ will cross up then we should expect to meet 34 $ and even exiting the move towards closing the gap in…
Harmonic Trading pattern It is not every day that you can identify and see big moves in the market – especially when it comes to foreign exchange pairs Sometimes it seems grandiose and obviously unlikely to come up with templates that give big and rewarding moves but this can comes, and come in big. In my years I have caught…
