DXY monthly chart

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
Comments Off on Elliott Wave technical analysis with trading signals
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.  
GBPJPY weekly chart

How to trade GBPJPY long-term downside reversal?

Posted by Alex on  January 12, 2021
Comments Off on How to trade GBPJPY long-term downside reversal?
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
Bitcoin Monthly Andrews Pitchfork channel

BTCUSD Andrew’s Pitchfork channels analysis

Posted by Alex on  January 9, 2021
Comments Off on BTCUSD Andrew’s Pitchfork channels analysis
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
Comments Off on Stocks Indices overview
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
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