Activity

  
Avatar

NASDAQ

The NASDAQ strength is impressive , it appear that nothing can stop its run... or almost . In fact we have the RSI and WILLR oscillator that are in overbought at this moment , it could to be a signal of an imminent correction
If a correction should to hit the index , a huge fall would unavoidable ( considering the overbought situation) . The 38% line , provided by Fibonacci , is my target for Dec .
Read full story
Translate to English Show original
Avatar

USDjpy

The USD/JPY bearish movement , began after the peak reached in Jan , isn't end yet . The pair is in a tight channel , and in this moment have just reach the upper margin of it , an event that cause a deep fall . Bearish signal come also by the TSI oscillator .
The 61,8% line ( provided by Fibonacci ) should to be a valid target / support for Dec , i think .
Read full story
Translate to English Show original
Avatar

USDdkk

The USD/DKK is below two important levels : the first one is the moving average of long period ( 200) an d the second is the static support that resisted since 2015 . The bearish trend is very strong at the moment .
So the pair should reach easy the minimum touched in Sept , that will be my target . Weakness confirmation come by the Aroon oscillator , too
Read full story
Translate to English Show original
Avatar

USDmxn

The USDMXN last bounce bring the pair to touch the static resistance provided by Fibonacci ( (61,8% line) , beside this event we have a strong bearish divergence present on the CCI oscillator
The Kelter band show an overheated situation in add . A correction appear to be imminent , i expect that the pair will be around 17.5 for Dec
Read full story
Translate to English Show original
Avatar

USDnok

USD NOK bearish trend is evident on this chart , with the pair below the moving average of long period (120) and the MACD that is negative at the moment
In the next weeks the pair should follow the bearish trend channel present on this chart ( Andrew 's Pitchfork channel) and touch the 7.72 level for Dec
Read full story
Translate to English Show original
Avatar

USDpln

The USD/PLN bullish trend is over, with the pair that breached the last support provided by the Fibonacci Lines (61,8) in May 2017 . Now we have a tight bearish channel
This channel should to lead the pair toward the S2 line ( woodie pivot points ) for Dec , i think
Read full story
Translate to English Show original
Avatar

USDRUB

The USD RUB weakness persist , with the pair below the moving average of long period ( 200) and the RSI oscillator at 44
If this trend should to continue ( as i think ) a reasonable level for Dec seem to be the support provided by Fibonacci , i mean 61, 8% line (54,61)
Read full story
Translate to English Show original
Avatar

USDsek

USDSEK recover attempt is already ended , with the pair that failed to breach the static resistance placed to 8,14 and with the MACD oscillator that turn in negative , as you see in this chart .
So the pair should to restart its decline in the coming weeks , however it shouldn't breach the support placed around 7,88 , at least for this year
Read full story
Translate to English Show original
Avatar

USDsgd

The resistance placed yo 1.337 seems to be a very hard hurdle for the USD/SGD . It resist almost since 2 years , as you see in this chart
The pair bounce could continue in the coming weeks, at least so are indicating the RSI and COG oscillator . The resistance provided by Fibonacci (61,8%) seems to be a nice level for Dec
Read full story
Translate to English Show original
Avatar

USDtry

The last time that the RSI oscillator reached a similar level , the USDTRY cable fell by 15 % in the following weeks . We will see a similar event in the next period , with the pair fail to breached the static resistance placed to 3.71
A further confirmation of this situation come by the CCI oscillator, the minimum touched in Sept should to be a valid target for Dec .
Read full story
Translate to English Show original
Avatar

USDzar

After the big decline (-25%)recorded from the historical maximum touched in the Q1 of the 2016 , the USDZAR seems now in a sort of lateral channel between the 50% (resistance) and 38% (support) Fibonacci lines . In this particular moment the pair is at the level of the support
A correction should to be imminent , as confirmed by some oscillator (RSI and WILLR ), the level around 12.5 5 should to be touched for Dec , in my opinion
Read full story
Translate to English Show original
Avatar

ZARJPY

The zar jpy bullish trend continue to remain in act , despite some technical correction ( as in March 2017) that increase the volatility
Also the Fibonacci line confirmed that the trend is still positive , the pair failed to breach the dynamic support . A further increase should come in the next days , as show the CCI oscillator
Read full story
Translate to English Show original
Avatar

Silver

Am very optimistic on the silver , with the precious metal that is above the static support (16) since Q2 2016 despite the high volatility present on this asset
In particular we can see as the pair is a bullish channel from the Q2 , this channel could to lead up the pair to touch the 18,5 level for Dec .
Read full story
Translate to English Show original
Avatar

Brent

Brent oil reached , after an increase by 30% , a strong resistance that have already caused a big correction in the recent past . We have also a divergence ( bearish ) signal that come by the RSI oscillator .
So a correction could hit the Oil in the next weeks , if will happen , a key level could to be the 50% line provided by Fibonacci . My target for Dec
Read full story
Translate to English Show original
Avatar

EURo stoxx

The EURO STOXX 50 breached the dynamic support provided by the bullish trend line , an event that should to be the begin of a new ( bearish ) trend . A confirmation at this sense come by the MOM oscillator , that is negative at this point .
In the coming weeks this hypothetical trend should lead the pair down to breach the 23.6% line and then reach the 38% line ( Fibonacci ) that will be my target for Dec
Read full story
Translate to English Show original
Avatar

Nikkei

The Nikkei index increased by 50% since June of the 2016 , this impressive movement caused an unavoidable overbought situation ,as show clearly the RSI and WillR oscillators
At this point a big correction become probable , with the Nikkei index that could go down toward S1 support provided by the Woodie pivot points for Dec .
Read full story
Translate to English Show original
Avatar

Am bullish on the gold

The gold 's chart show an evident bullish trend ( red channel ) began a year ago , it rose by 10% since November of the past year . In add it have just suffered a technical correction that should consolidate the trend , as confirmed by the oversold present on the WillR oscillator.
Considering the pace of the current price action the pair could reach the static resistance placed to 1372 for Dec , i think
Read full story
Translate to English Show original
Avatar

IBEX (Spain)

The Spain stock index is negative in this period . It is below the moving average of long period ( 120) while it have just reach the dynamic resistance provided bu the bearish channel
The Fibonacci tool give a valid support for find interesting level ( target price ) for the future . The ideal in accordance to the deadline contest should to be the 38% line (9731)
Read full story
Translate to English Show original
Avatar

SP500 ( USA)

Despite the SP500 strength , i 'm bearish at this moment .The index did an impressive increase that bring it at an evident overbought situation . As can you see on the RSI oscillator and the Kelter bands
My forecast for December is for a decline down to S3 line support , provided by the Woodie pivot points.
Read full story
Translate to English Show original
Avatar

HANG SENG ( China )

Hang Seng index have just touched a very important resistance that could cause a large correction , as show the bearish divergence present on the RSI oscillator
The static support placed around 25500 could to be a nice target for Dec , it mean a correction by 10% from the current level
Read full story
Translate to English Show original
More Loading...