EURUSD backs off to trend line support
The EURUSD reaches the July highs and backs off The EURUSD trended higher into the NY session and looked toward the July highs at 1.1904-08. The high reached 1.19043 but… Read more »
Category: Technical Analysis
NASDAQ trades 11,000 for the 1st time ever
High reaches 11,002.10. It didn’t take long, but the NASDAQ index just traded above the 11,000 level for the 1st time. The high price reached 11,002.10, and backed off. We… Read more »
Long AUD / CAD
Long AUD / CAD AUD/CAD OANDA:AUDCAD StoicStolas Retest of trend line and previous support for long Read more here
The Best Kept Secret of Profitable Traders-I
Highly profitable traders are not born, they are made. They do not rely on pure luck to make consistent earnings but on their calculated moves when trading in stocks/Forex/commodities. Today… Read more »
European shares end the day higher. UK FTSE leads the move
The UK FTSE rise by 1.1% The major European indices are ending the day higher. The gains today are led by the UK FTSE 100 despite the higher GBP. The provisional… Read more »
USD/CAD Plummets to Major Uptrend Support
Canadian Dollar Technical Price Outlook: Near-term Trade Levels Canadian Dollar updated technical trade levels – Daily & Intraday Charts USD/CAD sell-off approaching critical long-term uptrend support around ~1.32 Key near-term… Read more »
Our data shows traders are now at their most net-long Bitcoin since Jul 27 when Bitcoin traded near 11,220.88.
Number of traders net-short has decreased by 12.37% from last week. SYMBOL TRADING BIAS NET-LONG% NET-SHORT% CHANGE IN LONGS CHANGE IN SHORTS CHANGE IN OI Bitcoin BEARISH 91.12% 8.88% 5.69%… Read more »
Price May Rally to the Monthly Resistance Level
ETH/USD Technical Forecast Positive outlook while above $417.4 Ethereum price chart highlights a continuation pattern Ethereum – Edged Higher Last week, Ethereum hit an over 13-month high of $348.2 then… Read more »
GBPUSD climbs toward Friday’s high
No hourly bar closes below the 100 hour MA today keeps the buyers in control. The GBPUSD is climbing back toward the Friday high at 1.31694. That level represents the highest level… Read more »
NASDAQ Forecasting The Elliott Wave Flat Correction
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of NASDAQ index, which we presented to members at elliottwave-forecast. In which, the rally… Read more »