Price is currently trading in our ascending channel and near sell entry position of 1.38526 which is 61.8% projection and 23.6% retracement. Stop loss is placed at 1.38804 which is the graphical swing high level. Price can potentially dip to the take profit level of 1.3710 which is 23.6% Fibonacci...
AUDUSD potential for short pullback
Prices have recently been on a bullish momentum but Price have recently been on a bullish momentum. We see potential entry at 0.75625 in line 127.2% Fibonacci extension for a short pullback towards 0.74788 in line with 23.6% Fibonacci retracement and 127.2% Fibonacci extension . Stochastics are at a level...
NZDCHF potential for drop! | 21th Oct 2021
Price have recently been on a bullish momentum. We see potential entry at 0.66308 in line 127.2% Fibonacci extension and 78.6% Fibonacci retracement for a pullback towards 0.65816 in line with 23.6% Fibonacci retracement . Stochastics are at a level where pullbacks previously occured. Any opinions, news, research, analyses, prices,...
Wild Swings Are Here to Stay
The next value stocks take the throne… This back and forth has been playing out across market capitalization, sectors and themes.
Find Your Trading Philosophy and “Predict” the Future
I bring this up because last week I made a prediction that Shiba Inu (SHIB) would be the next cryptocurrency to be featured on Robinhood.
TSLA Momentum Strong Ahead Of Earnings
TSLA releases its earnings today after market close. It’s EPS forecast is 1.58. Technically, the stock has a bullish stack with the green short EMA above the orange intermediate EMA, and the orange intermediate EMA above the slow red EMA. Moreover, the EMAs have angle and separation which indicates an...
FX Update: How will FX react to the realization that stagflation has arrived?
It is easy for commodity currencies to advance strongly when only the inflationary component of stagflation is in play, but what happens across FX if risk sentiment starts to consider the outlook for sharply weaker growth, especially if yields rise further? Key tests lie ahead on that account for the...
GBPAUD approaching pivot, potential for bounce | 20th Oct
Price is trading in a descending channel and is heading to our buy entry price of 1.83588 which is also -27.2% Fibonacci retracement . Price can then do a short term bounce from this level and reach the take profit level of 1.85105 which is 38.2% Fibonacci retracement level and...
EURCHF potential for short pullback | 20th Oct
Price is trading on an ascending trend line and can potentially dip to the take profit level of 1.07278 which is also 38.2% retracement level and 61.8% Fibonacci projection . Our temporary pullback bias is supported by the ichimoku cloud indicator. Any opinions, news, research, analyses, prices, other information, or...
CADCHF is at a Pivot, potential for dip! | 20th Oct 2021
CADCHF is consolidating in a bullish channel . We spot a potential entry at 0.74778 in line with 23.6% and 61.8% Fibonacci retracement towards our Take Profit at 100% Fibonacci extension . Technical indicators are showing bullish momentum. Any opinions, news, research, analyses, prices, other information, or links to third-party...