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…
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…