Price is approaching our resistance in line with our horizontal pullback resistance where we could see a reversal below this level to our first support target. Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.
EURJPY is approaching resistance, potential reversal
Price is approaching our resistance in line with our horizontal pullback resistance where we could see a reversal below this level to our first support target. Ichimoku cloud is showing signs of bearish pressure as well in line with our bearish bias.
Market Quick Take – January 20, 2021
Equities put in a strong performance yesterday and continued slightly higher overnight, in part on blowout Netflix results for Q4, while in China, Alibaba shares surged after former CEO Jack Ma made his first public appearance since the cancellation of the Ant Group IPO some four months ago. Today marks...
AUDUSD bouncing from key support !
AUDUSD bouncing from key support !
AUDUSD bouncing from key support !
AUDUSD bouncing from key support !
Breakout Identified in USDJPY
The Breakout Opportunities system has just sold USDJPY at 103.789. The system recommends entering this trade at any price between 103.674 and 103.858. The signal was issued because the USDJPY has broken its 24-hour low while our Speculative Sentiment Index was at 2.846, suggesting that the USDJPY may have further...
Crypto weekly: Increasing competition for Ethereum and extended regulation
Ethereum hit a new all-time high three years after the previous all-time high, although it is experiencing increasing competition from the now fourth-biggest cryptocurrency, Polkadot, which overtook XRP this weekend. Bitcoin is consolidating in the level between $37,000 and $38,000.Ethereum surpassed its previous all-time high Ethereum has had tremendous growth...
Social and political stakes rising with surging wheat prices
The agriculture sector remains bid with the latest extension being led by surging wheat prices after the introduction of a Russian export tax in order to curb a rise in domestic food prices triggered by the Covid-19 crisis. In 2011 surging wheat prices helped trigger social, political and economic upheavals...
LTCUSD is facing bullish pressure | 19 Jan 2021
Price is facing bullish pressure where we could see a further push up to our take profit target.
LTCUSD is facing bullish pressure | 19 Jan 2021
Price is facing bullish pressure where we could see a further push up to our take profit target.