Yesterday’s signals were not triggered as none of the key levels were reached. Today’s BTC/USD Signals Risk 0.75% per trade. Trades must be entered before 5pm Tokyo time, over the next 24-hour period only. Short Trades Go short after a bearish price action reversal on the H1 time frame following the next touch of $8,250 or…
AUDUSD moved sideways in a trading range between 0.7738 and 0.7809. As long as 0.7738 support holds, the uptrend from 0.7642 could be expected to continue and next target would be at 0.7850 area. On the downside, a breakdown below 0.7738 would indicate that the upside movement had completed at 0.7809 already, then the following…
The risk of a national recession beginning in the United States anytime in the next twelve months, or specifically between 13 April 2018 and 13 April 2019, has ticked up toward 0.6% from our previous reading of just above 0.5% a month ago. As expected, that uptick is primarily the result of the Federal Reserve’s most recent…
Bitcoin markets were very quiet on Tuesday as cryptocurrencies, in general, were flat. We are hanging about the same area that we have been in over the last several sessions. BTC/USD Bitcoin tried to rally initially during the trading session on Tuesday but gave back almost all the gains to keep a very flat tone…
While the majority keep bashing the Federal Reserve, other central banks seem to escape any criticism. The European Central Bank under Mario Draghi has engaged in what history will call the Great Monetary Experiment of the 21st Century – the daring experiment of negative interest rates. A look behind the scenes reveals that this experiment has…
Source: Admiral Markets MT5 with MT5SE Add-on Gold is rejecting POC zone, and soon we might see a trend line break (blue dotted line) that could be a sign of a trend continuation. 1335-40 is the POC zone, and the trend line break is expected if the price closes above 1348. The first target is 1354.47 and continuation…
Source: Admiral Markets MT5 with MT5SE Add-on Gold is rejecting POC zone, and soon we might see a trend line break (blue dotted line) that could be a sign of a trend continuation. 1335-40 is the POC zone, and the trend line break is expected if the price closes above 1348. The first target is 1354.47 and continuation…
According to the Game Plan for Late-Cycle Investing, as the economy moves towards its latter stages, commodities tend to outperform equities and other asset classes. Frank Barbera—market technician, portfolio manager, and editor of the Gold Stock Technician newsletter—believes we’re likely in that process right now and recently discussed his outlook on the stock market, bonds, commodities,…
A bearish trend is present in USD/JPY currency pair, 15 minutes chart. The price of USD/JPY currency pair is going to drop now on a short-term basis to create a Bearish Zig Zag corrective Elliott wave pattern and Spot Forex traders should consider taking a possible sell trading chance. Strong key resistance level is present…
Asian stock markets are higher today as Japanese and Hong Kong shares show gains. The Nikkei 225 is up 1.3% while the Hang Seng is up 0.2%. However, the Shanghai Composite is trading down by 0.5%. Overnight strong corporate earnings helped US stocks closed with gains. Meanwhile, Indian share markets have opened the day marginally up. BSE-Sensex is trading higher by 42 points and NSE-Nifty is…
