Trade of the week USDCAD
Posted by Alex on
September 12, 2020
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Category: Blog
USDCAD a two-way trade USDCAD price action is testing the previously broken long-term consolidation triangle resistance line 1.3000-1.3050 and is bouncing as we can see on the weekly chart. We are within a long-term downtrend channel with well-defined breakout levels. For the clear downside reversal continuation from here, we
Elliott Wave technical analysis with trading signals
Posted by Alex on
September 10, 2020
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Category: Blog, Chart of the Day
Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD USDJPY Elliott Wave principle USDJPY expanding flat within larger ABC flat is still running and it seems to be in a 2nd wave of the impulsive wave higher. This is indicating a 103 as the key
Cryptocurrencies trading analysis and signals
Posted by Alex on
September 8, 2020
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Category: Blog
Cryptocurrencies trading analysis and signals for Bitcoin, Ethereum, EOS, Ripple ETHEREUM As predicted in our Ethereum top-down analysis the instrument is testing previously broken upside horizontal resistance 350-400 zone. It is reacting on 350 and is bouncing off this level. As long as the price action is above
Is the stock market crash coming in Q4 2020?
Posted by Alex on
September 5, 2020
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Category: Blog
The market crash is coming? Will the market crash in Q4 2020? Let us examine this theory with the most important instrument charts. First of all, Gold is one of the instruments that most of the traders are considering to be a safe haven. But if you look at
Trade of the week Oil
Posted by Alex on
September 5, 2020
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Category: Blog
Oil is breaking the range Oil is warning us again that the risk-off in markets could come as it has been rejected from long-term resistance and downside support 43.50-43.85. We are within a long-term downtrend channel with well-defined breakout levels. For the clear downside reversal continuation from here, we
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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