Where the DXY is heading?
Posted by Alex on
January 16, 2021
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Category: Blog
DXY is testing a strong downside resistance zone What is happening with DXY? We are seeing the MONTHLY December candle touch and a test of 89 for a breakout lower but we don’t have still a follow through in January. Does this mean that the DXY is bouncing and
Elliott Wave technical analysis with trading signals
Posted by Alex on
January 13, 2021
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Category: Blog, Elliot Wave trading analysis
Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD EURUSD EURUSD has broken above the 1.19000 level for a downside invalidation count and extension upside in the 5th wave. We are targeting 1.2600 at least and are going long on a pullback against 1.2000.
How to trade GBPJPY long-term downside reversal?
Posted by Alex on
January 12, 2021
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Category: Blog, FX TRADING GUIDE
GBPJPY is reversing the long-term downtrend What is happening with GBPJPY? We are seeing the MONTHLY December breakout above the 139 resistance and a continuation higher for a test of a long-term falling trend line 158. Does this mean that the GBPJPY is heading higher in the case of
BTCUSD Andrew’s Pitchfork channels analysis
Posted by Alex on
January 9, 2021
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Category: Blog, FX TRADING GUIDE
Bitcoin long-term uptrend channel continuation On the Monthly Bitcoin chart, we can see that the instrument is breaking above the upper Andrew’s Pitchfork channel resistance line 39200. A break above this resistance means upside channel continuation. It will certainly lead to a test of the Channel 150 percent extension
Stocks Indices overview
Posted by Alex on
January 8, 2021
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Category: Blog
Stocks Indices trading analysis and signals for DAX, CAC40, NIKKEI, NASDAQ, RUSSEL DAX DAX is breaking and confirming a break above the 13700 long-term resistance for the continuation upside. The target remains 15000 as we have it like next resistance confluence. Use this break again to enter the long
NASDAQ is open to one more swing lower
NASDAQ was rejected from the falling channel top NASDAQ...
Read MoreDXY is reversing lower
DXY is breaking below the H&S neckline DXY has...
Read MoreGBPUSD is extending higher
GBPUSD is bouncing off the support GBPUSD is bouncing...
Read MoreEURUSD is breaking above the strong resistance
EURUSD is extending higher EURUSD is briefly breaking above...
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