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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,…
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…
crude oil price analysis Oil trade below $ 20 until when and is this the end? Let’s dive straight into the technical perspective The scenario of 2008-9 where the price plunged and remained in the 33-24 region for 3 months set a bottom and then moved up If this is the case at the moment, then we are likely to…
GOLD PRICE TECHNICAL ANALYSIS Will the gold continue to surprise in intensity despite the events in the markets. If we look at a chance risk, and a value against the dollar, then everything we see leads to a golden-favored attitude in this case. Debt events and banking risks unlike anything we’ve seen since the great crises in history – so…